Dear CoinEx users:

As part of the commitment to making CoinEx a world-leading crypto exchange and to provide a better trading experience for our users, CoinEx regularly reviews the trading markets on the platform. After careful evaluation combined with users' opinions, CoinEx will adjust the Leverage of 8 margin pairs and the Forced Liquidation Rate of 5 margin Pairs. The details are as follows.

Time of Adjustment

8:00 May 9, 2024 (UTC)

Details of Adjustment

1. Leverage Adjustment

Margin Pairs		Before	After
AR/USDT, FET/USDT, FLOKI/USDT, NEO/USDT, KAVA/USDT	Leverage	3X	5X
AR/USDT, FET/USDT, FLOKI/USDT, NEO/USDT, KAVA/USDT	Max. Liquidation Risk Rate	112%	108%
KAS/USDT, HNT/USDT, CRV/USDT	Leverage	5X	3X
KAS/USDT, HNT/USDT, CRV/USDT	Max. Liquidation Risk Rate	108%	112%

2. Forced Liquidation Rate Adjustment

Margin Pairs	After
Margin Pairs	Repayment	Forced Liquidation%
BNB/USDT	≥500 ＜500 ＜200 ＜100	108% 107% 106% 105%
ARB/USDT	≥50000 ＜50000 ＜20000 ＜10000	108% 107% 106% 105%
SC/USDT	≥1000000 ＜1000000 ＜500000 ＜200000	112% 111% 110% 109%
MEME/USDT	≥200000 ＜200000 ＜100000 ＜50000	112% 111% 110% 109%
SLP/USDT	≥1000000 ＜1000000 ＜500000 ＜200000	112% 111% 110% 109%

* Attention: For users with the above margin positions, please make sure to repay your loan or increase your margin in advance. If your operation is not completed before the adjustment, and your Margin Account Risk Rate is lower than the Liquidation Risk Rate after adjustment, forced liquidation will be triggered.

Risk Reminder

1. In Margin trading, users can achieve the possibility of obtaining greater returns with fewer funds. Nevertheless, the loss will also be magnified once the wrong trading direction is judged. Please avoid large positions with high leverage in case of forced liquidation and clawback.

2. Please adjust your leverage and positions reasonably and set TP/SL in advance to close your positions.

3. For details about Margin Trading, please go to [Help Center].

CoinEx reserves the right of final interpretation of this announcement.

CoinEx Team

May 2, 2023

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