Informative Risk Notice and Liquidation Announcement for Margin Trading on XT.COM

Dear XTers,

In order to safeguard the platform and user funds, XT.COM will execute a forced liquidation measure every day at 04:00 (UTC). This measure will involve the forced liquidation of all users holding margin trading positions, and the return of borrowed funds.

Forced liquidation is a market risk management measure aimed at reducing potential losses from margin trading. Margin trading carries a high level of risk and may result in losses exceeding your initial investment. Please note that market fluctuations, changes in liquidity, and other factors may significantly impact margin positions. Therefore, we recommend that you fully understand the associated risks before engaging in margin trading and make decisions accordingly based on your risk tolerance.

While emphasizing the risks involved, we advise users to close positions at appropriate times to mitigate potential losses from market fluctuations. Be aware that forced liquidation will be executed at market prices, which may result in certain for users. Therefore, you may incur losses during the forced liquidation process, for which we cannot provide compensation or accept responsibility.

Thank you for your support!
XT.COM Team
March 02, 2024

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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.