Gate.io Announcement on Launching the Pre-Market OTC Trade to WalletConnect(WCT)

Gate.io will launch Pre-Market OTC Trading for WalletConnect(WCT) on November 29th, 2024.OTC Trading start time: 13:00 UTC, 29th November, 2024OTC Trading end time: TBA

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

Note: 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 WalletConnect(WCT) :WalletConnect is an open protocol that securely communicates between wallets and Dapps (Web3 Apps). A bridge server is used to relay payloads, which are encrypted with a shared key between the two peers. The connection is initiated by one peer displaying a QR Code or deep link with a standard WalletConnect URI and is established when the counter-party approves the connection request. An optional Push server can also be used to allow native applications to notify the user of incoming payloads for established connections.Website | X

$WCT Token Max Supply: 1,000,000,000

Gate.io Pre-Market OTC Trading Introduction as follows: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 OTC TradingIt 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, 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.

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

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