Hotcoin Announcement on Open API Trading

Dear user: In order to provide a more convenient trading experience for new and old users, Hotcoin has opened API trading for a wide range of users on March 5, 2025 (UTC+8). The specific rules are as follows: API trading activation and usage: 1. Both new and old users can log in to the official website and apply for API trading activation in the "Personal Center API Management"; 2. During the API trading process, it is strictly prohibited to use information asymmetry, delay, self trading, multiple accounts, and other methods for trading arbitrage. For abnormal and illegal accounts, Hotcoin has the right to restrict or freeze their commission settlement. In serious cases, the account will be banned; 3. Hotcoin reserves the final interpretation right for API trading application and usage rules, including but not limited to additions, modifications, or cancellations. Please follow the latest announcement for specific updates; API Trading Rebate Settlement 1. When users use the API for trading, all rebates and self rebates generated from API orders will be settled at 65% of the original rebate ratio; 2. The definition and settlement rules of high-frequency trading also apply to API trading; If a user triggers a high-frequency rule during API trading, all rebates and self rebates for high-frequency orders will be settled at 65% of the rebate ratio under the high-frequency rule; Assumption for rebate settlement example: Rebate ratio: 20% API order handling fee: 1000 USDT Then: Order rebate=1000 * 20% * 65%=130 USDT If the order belongs to a high-frequency order with a holding time of less than 40 seconds Order rebate=1000 * 20% * 50% * 65%=65 USDT Risk statement Cryptocurrency is a high-risk investment product, and users are advised to participate cautiously or conduct their own research. Hotcoin will not assume any responsibility for its investment behavior, such as guarantee or compensation. Thank you for your support of Hotcoin! Hotcoin team March 19th, 2025