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.
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Bithumb Global Team
May 27, 2020