BitZ Announcement on Online Rumors and Misreports

Dear Users,

Recently, there have been some wide-ranging rumors and inaccurate reports about BitZ on social media which we would like to clarify and explain them here formally.

1.  BitZ's current operations and transactions are normal. BitZ Group CEO Chang Shun is currently in Beijing and has not gone abroad. Former BitZ President Yu Yang has resigned from BitZ in May this year, and her departure has not affected the company's operational development. In the first three quarters of this year, BitZ's revenue as well as BTC's asset growth exceeded 100 million yuan, the platform registered users exceeded 3.5 million, and daily active users reached a maximum of 250,000. In May 2019, according to real-time data from CoinMarKetCap, an authoritative digital asset information platform, BitZ's 24-hour trading volume exceeded $1.9 billion, ranking fifth in the world.

2、BitZ was founded in 2016 and is affiliated with Eton Blockchain Technology Ltd, in British Virgin Islands, which has no relationship with Hong Kong. Some reports said that BitZ's illegal operation in Hong Kong was completely rumored.

About BitZ

 Founded in 2016 in British Virgin Islands, BitZ is one of the most popular digital assets trading exchanges，providing professional digital asset trading and OTC services to the world.

BitZ Obtained Investment from  Cyanhill Capital Limited, Guosheng Financial Holding, and Plum Angel Investment Co., Ltd in December,2017.

BitZ group  received a strategic investment of tens of millions RMB from the famous investor Tang Yue in May 2019. Tang Yue was the former founder of Elong.com, founder partner of Blue Ridge Captial China , founder and CEO of Xiaoying technology. In the area of blockchain, he has invested in Okex strategically.

BitZ provides diversified financial services such as digital currency trading, OTC trading, margin trading, contract trading, and invest products. Among them, the OTC trading volume has exceeded 300 million yuan in one day, ranking among the top three in the world; Launched for three months, the daily contract trading volume has exceeded $300 million, becoming a dark horse in the contract market.

At present, our users have covered dozens of countries and regions including Japan, South Korea, Singapore, Australia, North America, the Middle East, Eastern Europe, etc., and in 2018 acquired the European Union's Estonia, Malaysia Digital Exchange Operating License. In the future, we will also continue to provide professional, safe, and convenient services, adhering to the " Quality First Client Supreme " principle to work with our customers and friends.

Thank you for supporting BitZ!
BitZ Team
December 6, 2019