BIB launched ETF Trading

Dear valued users,

In order to fully meet the diversified trading needs of users, BIB will launch a financial derivatives ETF at 10:00 (UTC+8) on April 11, you are invited to experience it!

The first batch of listed trading pairs are as follows:

*What is ETF?

*ETF (Exchange Traded Fund, trading open-end index fund) is an open-end fund that is listed and traded on an exchange with variable fund shares. It is a kind of financial derivatives with very mature development. It is a trading product that tracks a certain multiple (for example, 3 times) of the current asset's daily rate of return on the premise of anchoring the underlying currency (such as BTC). For example, if the anchor currency is BTC, when the price of BTC rises by 1%, the net value of the corresponding 3x leveraged ETF product will rise by 3%; while the net value of the corresponding -3x leveraged product will fall by 3%.

BIB warmly reminds that digital assets are innovative investment products with large price fluctuations and high investment risks. Before investing, we hope that you have a full understanding of digital assets, rationally judge your investment ability, and prudently make investment decisions.

If you have any questions or suggestions during the transaction, please contact our 24/7 online customer service, and our team will answer you in time.

Thank you for your consistent support and help to BIB Exchange!

BIB Operations Team

April 10, 2023

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