Gate.io Pre-Market Trading Upgrade: PreMint Feature is Live!

Gate.io pre-market trading has officially launched the PreMint feature! Users can lock USDT to mint PreTokens and place orders in the trading market to earn profits in advance.

PreMint Feature Highlights

• Take Profits Early: The seller can sell PreToken at their favorable prices in the trading market without waiting and gain profits earlier.
• Trade Flexibly: Both buyer and seller can buy or sell PreToken at their favorable prices or wait for settlement, allowing for more adaptable trading strategies.

PreMint Feature Rules

1. The PreMint entry typically becomes available 24 hours after the pre-market project begins trading. Users can lock USDT through the PreMint entry to mint PreTokens. Once minted, the corresponding PreToken balance will be added to the user's account.
2. The PreToken trading market will open after a specific period once the pre-market project begins trading. Users can trade their minted PreTokens in the PreToken trading market, following the same rules as other trading pairs.
3. The PreMint entry closes 4 hours before the pre-market project trading, and the PreToken trading market closes when the pre-market project ends trading. After the market closes, a snapshot of each UID's PreToken balance is taken and then cleared.
4. Users can mint PreTokens during the pre-market trading period and trade them in the trading market.
5. Users who pre-minted PreTokens need to deposit the corresponding project tokens before the settlement time and ensure there are enough project tokens in their accounts. The system will deduct the project tokens from the account and return the locked USDT to the user's account.
6. After settlement, the system will automatically settle PreToken holders based on the snapshot taken before market closure. Users will then receive the real tokens and any penalty collateral from non-settling minting users.

The first PreMint project in Gate.io's pre-market trading is coming soon. Please stay tuned for further announcements.

Learn moreGate.io Pre-Market Trading: https://www.gate.io/pre-marketPreMint Guide & FAQ: https://www.gate.io/help/guide/faq/38245

Notes:

1. For specific details about the PreMint feature and the opening time of the PreToken trading market, please refer to the pre-market trading announcement or the pre-market trading page.
2. PreToken cannot be deposited, withdrawn, or transferred. PreToken can only be traded in the PreToken trading market, following the rules of trading pairs.
3. If users who minted ProToken fails to deliver on time, they will lose their locked USDT.
4. If the delivery is due, the holders will receive tokens equal to the amount in the snapshot. If not, holders will share the locked collateral from the users who mint the pre-tokens.
5. The first Pre-market PreMint project will be announced soon. Please stay tuned to our official announcements and social media for the latest updates. Before participating in PreMint, please ensure that you fully understand the rules.
6. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
7. Gate.io reserves all rights to the final explanation.
8. This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.