
What is Pre-Market Trading?
In the cryptocurrency investment space, early positioning in new assets has become a core strategy for generating alpha.
As an innovative financial instrument on BitMart, the pre-listing trading mechanism—"Pre-Market Trading"—enables investors to gain exposure to assets before their official listing through the minting and secondary market circulation of PreTokens.
What is PreToken?
PreToken is a staking-minted voucher token (backed by USDT) that can only be traded on the pre-market spot platform, representing the right to exchange for real tokens in the future.
Advantages of BitMart Pre-Market Trading
1.Early Access to High-Potential Assets:
Users can strategically position themselves in promising projects before their official listing.
Through the pre-market platform, investors gain early exposure at potentially lower costs, securing advantageous entry prices and benefiting from first-mover opportunities.
2.Liquidity Innovation and Market Vitality:
Pre-market trading introduces an early liquidity venue for tokens prior to their official debut.
This transforms assets from being in a “pre-listing wait” phase into “active circulation,” enhancing overall market efficiency and engagement.
3.Risk Control Mechanisms and Fair Incentives:
BitMart integrates a robust system of staking margins, settlement verification, and penalty distribution to balance risk hedging and market incentives.
In cases where a minting participant fails to settle, their staked funds are proportionally distributed to PreToken holders, creating a positive incentive cycle and reinforcing market integrity.
Who Can Participate in BitMart Pre-Market Trading?
All users who acknowledge and agree to the trading rules and fully understand the potential risks associated with participating in pre-market trading are eligible to trade.
In accordance with applicable laws and regulatory requirements, this product may be available only to, or restricted within, certain jurisdictions or regions, and may be limited to specific user groups.
How to Participate in Pre-Market Trading?
Users can participate in two ways:
1.Staking & Minting Route: Stake USDT → Receive PreTokens → Trade freely on pre-market spot trading → Deliver real tokens to redeem staked funds
2.Direct Trading Route: Trade PreTokens directly on the pre-market spot platform → Wait for settlement to receive real tokens or a share of penalty funds
Pre-Market Trading Schedule Rules
1.Pre-Market Project Staking & Minting Entrance Opens: 24 hours before the pre-market spot trading opens
2.Pre-Market Spot Trading Begins: After the pre-market minting phase has been open for a period
3.Pre-Market Minting Entrance Closes: 24 hours before pre-market spot trading ends
4.Pre-Market Spot Trading Closes
5.Real Token Listing: After a period following the close of pre-market spot trading
6.Settlement Begins: 2 hours after the real token listing
7.Settlement Ends: Based on the platform’s announced timeline
8.Final Distribution: Within 2 hours after settlement ends
BitMart Pre-Market Trading Operation Guide
Web Platform
1. Select the Pre-Market Trading module

2. Create a staking order to mint PreTokens

3. Track your minting orders in the dashboard

4. Navigate to the Pre-Market Trading market: Place buy/sell orders

Mobile App
1. Select the Pre-Market Trading module

2. Create a staking order to mint PreTokens


3. Track your minting orders in the dashboard

4. Navigate to the Pre-Market Trading market: Place buy/sell orders

FAQ
1. How is the Staking Amount Calculated?
The staking amount follows this formula:
Total Staked Amount = Minted Quantity × Staking Ratio
Note: Staking ratios vary by project—check official announcements for details.
2. What Triggers Default? Consequences?
Default Condition: Minting users fail to deposit sufficient real tokens by the deadline.
Penalties:
Minting Users: Full forfeiture of staked USDT.
Trading Users: Share defaulters’ staked funds proportionally.
3. If Token Listing is Delayed/Canceled:
Delay: Orders remain valid; new delivery timeline announced later.
Cancellation: PreToken holders receive a proportional share of all staked USDT.
4. Profit Sources in Pre-Market Trading
Minting Users: Acquire PreTokens at lower costs, sell high for spreads.
Trading Users: Earn real tokens or penalty funds by holding PreTokens.
5. How to Estimate Returns? (Examples)
Case A: All Users Deliver Successfully
1 PreToken = 1 real token → Profit = token’s market price.
Case B: Partial Default (e.g., 50% Delivery)
1 PreToken = 0.5 token + proportional penalty funds.
6. How to Complete Delivery?
Before the deadline, minting users must:
Ensure sufficient real tokens in their account (via deposit/market purchase).
System auto-deducts tokens and returns staked USDT. Failure = loss of staked funds.
7. How Does Settlement Work?
Post-delivery:
System auto-settles assets for PreToken holders.
Users receive real tokens + (if applicable) penalty fund shares.