Dear Bithumb Global Users,
Bithumb Global will list ETHS digital asset service on SMART, details are as follows:
Trading will be available on：May 13, 2020 at 17:00(UTC+8) Trading here >>
Trading Pair: ETHS / USDT
ETHS(1x short ETH) is a token that seeks an expected return associated with -1 time ETH yield. For example, when ETH falls by 5%, ETHS will rise by 5%; When ETH goes up 3%, ETHS will go down 3%.
The transaction fee for ETHS is 0.1%. At the same time, 0.05% of the total ETHS assets will be charged to the ETHS 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 13, 2020