Bitget, a world-leading cryptocurrency exchange and Web3 platform, is excited to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and enhance the liquidity and trading experience for users. The first supported token on the Pre-market will be Merlin Chain , and trading will commence at 04:00 on April 12th.
Pre-market is designed to facilitate trading for tokens that have not yet been officially listed on the spot market of major centralized exchanges like Bitget. It allows users to activate community trading interests and attract early adopters. By enabling pre-listing trading, users can gain early pricing power over the asset, making it easier to become the primary trading market for the asset once it is listed on various exchanges.
The Pre-market will debut with Merlin Chain as its first supported project. Merlin Chain is a Bitcoin Layer 2 solution that integrates the ZK-rollup network, decentralized oracles, and on-chain BTC fraud prevention modules. Merlin Chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, and more, enabling a broader user base to interact on Bitcoin Layer 2.
Bitget’s Pre-market trading offers an OTC market platform, facilitating peer-to-peer trading and enabling buyers and sellers to set prices and match trades directly. This ensures that they can secure their desired prices and liquidity in advance for the assets supported. Users engaging in pre-listing trading must ensure they have sufficient assets before trading and can complete delivery within the specified timeframe.
Bitget is now one of the top 10 crypto spot trading platforms with over 700 coins and 800 pairs. With the introduction of Pre-market, Bitget continues to innovate and provide solutions to meet the evolving needs of cryptocurrency traders and investors.and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions.
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