We're excited to announce that Bitget will soon launch DOGS POINTS (DOGSPOINTS) in pre-market trading, allowing users to trade the token before its official spot listing. Below are the key details:
Key Timeline
- Pre-Market Start: July 11, 2024, 13:00 (UTC)
- End Time: To be determined
- Spot Listing: To be announced
- Delivery Time: To be confirmed
- Trading Pair: DOGSPOINTS/USDT
Important Notes
- Contingency Plan: If DOGSPOINTS cannot be issued due to unforeseen circumstances, Bitget will cancel all pre-market orders and release locked margins while safeguarding user interests.
- Interest Compensation: To reduce trading costs, Bitget will calculate profits from frozen margins during the trading period based on the highest USDT savings annualized rate on delisting day and distribute the interest to users.
Introduction to DOGS POINTS
Inspired by Spotty, the mascot created by TON founder Pavel Durov for the Telegram community, DOGS POINTS embodies the spirit of TON’s ecosystem. Beyond entertainment, the project allocates all sales revenue to support orphanages and children’s homes, continuing Spotty’s legacy of charity.
👉 Discover more about DOGS POINTS
Frequently Asked Questions (FAQ)
1. What is Pre-Market Trading?
Bitget’s pre-market trading is an OTC platform for new tokens before their official listing. It enables peer-to-peer transactions, allowing buyers and sellers to lock in prices and liquidity in advance.
2. Advantages of Pre-Market Trading
- Price Flexibility: Secure tokens at your target price before spot trading begins.
- Liquidity Assurance: Sellers don’t need to hold the tokens initially—only before delivery.
3. How Does Delivery Work?
- The system freezes funds from both parties as collateral.
- Sellers must hold the required tokens in their spot account before delivery; otherwise, the order cancels, and the buyer receives compensation from the seller’s margin.
- Post-delivery, tokens transfer to the buyer, and the seller receives payment (minus fees).
Tip: Delivery processing may take up to 1 hour. Avoid trading the delivery currency 30 minutes post-initiation to prevent failures.
4. How to Participate as a Seller?
- Use USDT from your spot account to post sell orders at your preferred price or match existing buy orders.
5. How to Participate as a Buyer?
- Place buy orders with USDT at your desired price or directly purchase from sell orders in the marketplace.
6. Partial Order Filling Allowed?
Yes! Trade any quantity meeting the minimum limit.
👉 Start trading on Bitget today
Disclaimer
Cryptocurrency investments carry high risk due to market volatility. Conduct thorough research and invest responsibly.
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