MEXC Pre-Market Trading : CATGOLD is Coming Soon
Dear MEXCers,
We’re thrilled to announce that Cat Gold Miner (CATGOLD) will soon be available for pre-market trading
on MEXC. Get a head start before it hits the spot market!
Details are as follows:
Start Time: Dec 3rd, 2024, at 10:00 (UTC)
Settlement Time: Please refer to the trading details page for the specific settlement time.
Cat Gold Miner (CATGOLD)
Dive into the world of feline gold mining where players become moguls of their own mining empires.
Total Supply: 10,000,000,000 CATGOLD
More About MEXC Pre-Market Trading
What is Pre-Market Trading?
Pre-Market Trading is an over-the-counter (OTC) service offered by MEXC that allows users to buy and sell new tokens before they are officially listed on the exchange. This service lets traders set preferred prices and find matching trades, providing an opportunity to trade at favorable prices before the public launch. By participating in Pre-Market Trading, MEXC users can gain a competitive edge before the tokens are officially issued.
Advantages of Pre-Market Trading?
MEXC Pre-Market Trading provides investors with a way to get ahead in the market before new tokens are officially issued. Compared to post-launch trading, traders have the chance to acquire trending tokens under more favorable conditions, potentially gaining a market advantage.
Trading Rules
- In MEXC Pre-Market Trading, users can buy or sell tokens before they’re officially issued.
- Traders can act as a Maker by placing orders at preset prices, or a Taker by matching existing orders on the platform.
- Both buyers and sellers must collateralize their assets on MEXC to ensure timely settlements.
- Upon successful settlement by the seller, the collateral will be returned after settlement. Upon successful settlement by the buyer, the collateral will be used as payment for the settlement.
- Pre-Market Trading currently takes place within MEXC’s Spot accounts.
Buyer & Seller
Buyer |
|
Seller |
|
Terminology
Settlement Time | The seller will transfer the full amount of tokens agreed upon in the Pre-Market Trading to the buyer at the specified settlement time. Please refer to the token information section on the Pre-Market Trading page for more details. |
Collateral Rate | The collateral rate represents the percentage of the order value that must be held as collateral. Failure to complete the settlement within the specified time may result in the loss of collateral. For specific collateral rates, please refer to the token information section on the MEXC Pre-Market Trading page. |
Fee Rate | The fee rate is a specified percentage based on the transaction value and varies depending on the tokens being traded. For specific fee rates, please refer to the token information section on the Pre-Market Trading page. |
Pre-Market Trading Frozen Amount |
For example, if Z = 100%, then the frozen amount for buying or selling 1,000 USDT in pre-market trading would be 1,000 USDT x 100%, equaling 1,000 USDT. |
Overdue Settlement Fee | If the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any fees; all collateral is compensated to the buyer. |
Pre-Market Trading Fee Structure
- Trading Fees: Typically, a specific percentage of the total transaction amount is charged as a fee. However, MEXC is currently offering zero trading fees for Pre-Market Trading.
- Other Fees: Generally, if the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any additional fees; all collateral is returned to the buyer as compensation.
- Unexecuted Orders: No fees are charged for unexecuted orders. Please note that the fee structure for pre-market trading differs from that of other trading markets on MEXC.
- For specific fee details, please refer to the corresponding token information on the MEXC Pre-Market Trading page.
Disclaimer
- The Pre-Market Trading market operates differently from the standard settlement market. Pre-Market Trading may involve various risks, including limited liquidity, wide bid-ask spreads, and price uncertainty.
- Please ensure you thoroughly understand the mechanisms and risks associated with Pre-Market Trading products before participating.
Enjoy trading on MEXC.
The MEXC Team
Dec 3rd, 2024