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      Gate.io Announcement on Launching the Pre-Market Trade to RabBitcoin (RBTC)

      Gate.io launched Pre-Market Trading for RabBitcoin (RBTC) on September 11th, 2024.

      Delivery Schedule: Please refer to the trading page for the specific details of the delivery time.

      Pre-Market Trading Page: https://www.gate.io/pre-market/RBTC

      Note:

      1) The launched Pre-Market Trading is for RabBitcoin Points, not the RabBitcoin Token.2) Users can trade RabBitcoin Points Pre-Market Trading in advance, before RabBitcoin Token Pre-Market Trading is launched on Gate.3) Gate will launch RabBitcoin Token Pre-Market Trading after the Max Supply of RabBitcoin Token and the official Points-to-Token conversion ratio is confirmed.At that time, completed orders from RabBitcoin Points Pre-Market Trading will be transferred to RabBitcoin Token Pre-Market Trading. Gate will complete the conversion of RabBitcoin Points to RabBitcoin Token for the user based on the actual official Points-to-Token conversion ratio.4)Please always pay attention to the delivery schedule and complete delivery on time. Failure to comply with the delivery schedule may result in the loss of collateral.

      About RabBitcoin (RBTC):RabBitcoin is a dynamic blockchain-based gaming platform where players engage in action-packed battles to earn crypto rewards, targeting avid gamers and crypto enthusiasts looking for immersive, competitive gameplay.Official X

      RBTC Points Max Supply: TBDRBTC Token Max Supply: 21,000,000,000,000

      What is Gate.io Pre-Market 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.

      Read More[FAQ about Pre-Market Trading][Pre-Market Trading Guide]

      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 Trading?

      On Gate.io Pre-Market Trading, traders can buy or sell specific tokens before its officially listing. Traders can choose to be a Maker, creating 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.*

      Now, let’s take a look the two different roles in Pre-Market Trading.

      Notes:1.Only unfilled orders can be canceled, orders cannot be canceled once matched with a counterparty.2.Unfilled orders will be automatically canceled after the Pre-Market trading ends.

      Terms Explained

      Changes in Token Listings on Gate.io

      (1) If there's a listing delay, executed Pre-Market trading orders stay valid. New delivery times will be notified through Gate.io announcements and emails.(2) If the listing is canceled, all Pre-Market trading orders are voided. Users receive refunds for frozen collateral within a working day, with no trading fees charged.

      Fee Structure

      **Transaction Fee: **The transaction fee rate applies to the total order value of matched orders. Check the latest rates on the trading page.Other Fees: If the seller misses the delivery time, a 10% collateral will be retained as a fee by the platform, with the remaining 90% compensated to the buyer.

      Disclaimer

      Please note that Pre-Market trading carries various risks, including limited liquidity, large bid-ask spreads, and price uncertainty.

      Read the original article at gate-io

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