Dear Bithumb Global Users,
Bithumb Global will list LTCS digital asset service on SMART, details are as follows:
Trading will be available on：May 27, 2020 at 17:00(UTC+8) Trading here >>
Trading Pair: LTCS / USDT
LTCS(1x short LTC) is a token that seeks an expected return associated with -1 time LTC yield. For example, when LTC falls by 5%, LTCS will rise by 5%; When LTC goes up 3%, LTCS will go down 3%.
The transaction fee for LTCS is 0.1%. At the same time, 0.05% of the total LTCS assets will be charged to the LTCS holders on a daily basis as a management fee.
There are significant risks in trading digital asset. Please know well of Smart Token and consider carefully whether digital assets trading are appropriate to your financial situation.
Bithumb Global Team
May 27, 2020