We're excited to announce that Bitget will soon launch Scroll (SCR) in pre-market trading, allowing users to trade SCR before its official spot trading debut. Here are the key details:
Trading Timeline
- Pre-Market Start: September 20, 2024, 09:00 UTC
- Pre-Market End: October 22, 2024, 07:30 UTC
- Spot Trading Begins: October 22, 2024, 08:00 UTC
- Delivery Completion: October 22, 2024, 12:00 UTC
👉 Trade SCR/USDT in Pre-Market
Settlement Methods
1. Coin Settlement
- Uses a "cash on delivery" model.
- Sellers failing to deliver forfeit their security deposit as breach compensation.
2. USDT Settlement
- New option for pre-market trades.
- Orders settle at the average index price from the last minute before delivery.
- Profit/loss calculated based on the difference between trade and execution prices.
Example Scenario:
- Buy 10 SCR at 10 USDT → Sell 10 SCR at 15 USDT.
If execution price is 5 USDT:
- Buy order loss: -50 USDT
- Sell order gain: +100 USDT
- Net Profit: 50 USDT
About Scroll (SCR)
Scroll is a Layer 2 rollup leveraging zero-knowledge proofs to scale Ethereum. Key features:
- Mission: Bring billions of users into Ethereum’s ecosystem.
- Total Supply: 1,000,000,000 SCR.
FAQ
What is Pre-Market Trading?
Bitget’s pre-market platform enables peer-to-peer trading of new coins before official listing, allowing users to secure liquidity at optimal prices.
Advantages of Bitget Pre-Market
- Price Flexibility: Trade at preferred prices ahead of spot listing.
- Liquidity Access: Sellers don’t need to hold coins initially—only before delivery.
How Does Delivery Work?
- Funds are frozen as collateral.
- Sellers must hold required tokens before delivery.
- Tokens transfer to buyer’s account post-delivery; funds released after fee deduction.
Note:
- Deliveries process sequentially (up to 1 hour).
- Sellers should avoid transactions 30 minutes post-delivery to prevent failures.
How to Participate as a Seller/Buyer?
- Sellers: Use USDT margin to list orders at desired prices.
- Buyers: Lock USDT to purchase SCR via maker orders or direct marketplace buys.
Can Orders Be Partially Filled?
Yes, trades can execute for any quantity meeting the minimum limit.
Disclaimer
Cryptocurrencies involve high risk and volatility. Conduct thorough research before investing.
👉 Start Trading on Bitget Today
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