Gate.io will launch Pre-Market OTC Trading for Space and Time(SXT) on Feb 28th, 2025.
OTC Trading Starts Time: 09:00 UTC, Feb 28th, 2025
OTC Trading Ends Time: TBD
Pre-Market Trading Page: https://www.gate.io/pre-market/SXT
Note:
1) The launched Pre-Market Trading is for SXT Points, not the SXT Token.
2) Point tokens are the representation tokens of pre-market trading with a preset point max supply. After the official tokenomics is confirmed, the platform will proportionally redeem the number of pre-market trading orders according to the ratio of real token max supply to preset point max supply and order amounts will stay no change. Users can check their convertible numbers in their orders to confirm the actual quantities for delivery.
3) Please pay attention to the delivery schedule and complete the delivery on time. Failure to comply with the delivery schedule may result in the loss of collateral margin.
Space and Time is a Web3-native, decentralized data warehouse that enables low-latency queries and tamperproof analytics across Web3. DApps built on top of Space and Time become blockchain-interoperable, allowing them to process SQL and machine learning for Gaming/DeFi data, as well as any other decentralized applications that require verifiable tamperproofing, blockchain security, or enterprise-level scalability.
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SXT Point Max Supply: 1,000,000,000
SXT Token Max Supply: TBD
What is Gate.io Pre-Market OTC Trading?
Gate.io Pre-Market Trading is an Over-the-Counter (OTC) trading service that allows investors to buy and sell new tokens before their official listing. It enables users to set prices and trade tokens at anticipated rates before public trading begins.
Key Benefits of Pre-Market Trading
It offers investors the chance to potentially acquire trending tokens at lower costs compared to the market listing price, providing a competitive edge in pricing.
How to Conduct Pre-Market OTC Trading?
On Gate.io Pre-Market OTC Trading, traders can buy or sell specific tokens before its officially listed. Traders can choose to be a Maker, placing orders with preset prices, or be a Taker, matching active orders on the platform. Refer to the Pre-Market Trading Beginner’s Guide for more details.
Note: Both buyer and seller need to pay trading fees in advance. Sellers are required to pay a collateral amount based on the collateral rate to ensure timely settlement. The collateral will be refunded after the delivery is successful. All transactions are priced in USDT.
FAQ about Pre-Market OTC Trading
Pre-Market OTC Trading Guide
Please note that Pre-Market OTC trading carries various risks, including limited liquidity, large bid-ask spreads, and price uncertainty.
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Gate.io Team
February 28, 2025
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