How to Swap In and Out HB10?
HB10 represents the 10 component coins of HB 10 Index. Types and shares of the component coins will change quarterly with HB 10 Index;
Swap-in: Users can swap HB10 with 10 component coins they have.
For example: 5,000HB10 consist of 0.14973472BTC, 8.09518849ETC, 366.1168XRP, 122.01338643EOS, 154.00275665HT, 0.39152722BCH, 4,476.80998539IOST, 1.34346820ETH, 1.17028574LTC and 45.09380225ELF on July 1st (types and shares of the component coins will not change in this quarter).
If a user plans to swap in 50,000 HB10, this user needs to have the above component coins of 50,000 HB10 at least, that is, the user should have at least 1.4973472BTC, 80.9518849ETC, 3,661.168XRP, 1,220.1338643EOS, 1,540.0275665HT, 3.9152722BCH, 44,768.0998539IOST, 13.4346820ETH, 11.7028574LTC and 450.9380225ELF
Swap-out: Users can swap 10 component coins with HB10 they have.
For example: 10,000 HB10 consists of 0.29946945BTC, 16.19037698ETC, 732.2337XRP, 244.02677287EOS, 308.00551330HT, 0.78305445BCH, 8,953.61997078IOST, 2.68693641ETH, 2.34057148LTC and 90.18760451ELF on July 1st (types and shares of the component coins will not change in this quarter).
If a user swaps out 100,000 HB10, this user’s account will receive corresponding component coins of 100,000 HB10, i.e.2.9946945BTC, 161.9037698ETC, 7,322.337XRP, 2,440.2677287EOS, 3,080.0551330HT, 7.8305445BCH, 89,536.1997078IOST, 26.8693641ETH, 23.4057148LTC and 901.8760451ELF；
Special note: The Point deduction and fee return are available in Swap-in and swap-out;
Swap-in: A user exchanges 10 component coins into 10 HB10, and the exchange fee is 1 HB10, so he/she will receive 9 HB10 originally;
If the user has sufficient Points at this time, after transaction ends, Points will automatically deduct the swap-in fee and 1 HB10 will be returned to his/her account. So the user actually receives 10 HB10;
Swap-out: A user swaps out 10 HB10, and the exchange fee is 1 HB10, so he/she will receive component coins that are worth 9 HB10 originally;
If the user has sufficient Points at this time, after transaction ends, Points will automatically deduct the swap-out fee and 1 HB10 will be returned to his/her account. So the user actually spends 9 HB10;
The coversion price of HB10/Point is the price of HB10/USDT when the transaction completes; 1 HB10 = HB10/USDT Point;