Dear respected users,
After receiving the notice from the REO project party, Hotbit suspended the deposit and withdrawal functions of REO at 11:00 (UTC +8) on August 30, and took a snapshot of REO assets of users of Hotbit to upgrade contract. The new contract upgrade has been completed on August 31, with the replacement of assets for users holding REO on Hotbit by 1:1.
According to market feedback, REO after contract upgrade was found to be doubled, and the related personnel of Hotbit immediately communicated with REO project party. After communication, it was agreed that when REO deposit and withdrawal functions were suspended at 11:00 (UTC +8) on August 30, the users who held REO were renewed with assets by 1:1, that is, the old contract REO was replaced with REO in the new contract by 1:2.
For users who deposited after the contract upgrade, please contact the REO project party for reissue.
Hope you enjoy trading on Hotbit!