Pre-Market Trading Schedule Rules
What is Pre-Market Trading?
Pre-Market Trading is an innovative staking and minting service launched by BitMart. Users can stake USDT to mint pre-listed tokens (PreToken) and trade them in a dedicated pre-market spot trading platform, enabling early price discovery and liquidity locking.
Key Features:
- Trade early to capture potential gains
- PreTokens are pre-listing vouchers and cannot be directly deposited/withdrawn (market trading only)
- Must complete actual token delivery within the specified timeframe
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.
Characteristics:
- Not supported for deposits/withdrawals or transfers (pre-market trading only)
- Requires delivery of actual tokens after market closure to convert into official tokens
User Case
- Non-Points-Based Projects
- Points-Based Projects
How to Participate in Pre-Market Trading?
Users can participate in two ways:
-
Staking & Minting Route:
- Stake USDT → Receive PreTokens → Trade freely on pre-market spot trading → Deliver real tokens to redeem staked funds
-
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
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.
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.
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.
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.
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.
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.
How Does Settlement Work?
Post-delivery:
- System auto-settles assets for PreToken holders.
- Users receive real tokens + (if applicable) penalty fund shares.
Additional Support
If you have further questions, please contact BitMart Customer Support or refer to the Pre-Market Trading Announcements for assistance.
Disclaimer
This document is for informational purposes only and does not constitute investment advice. Before participating, carefully review the Pre-Market Trading Rules and conduct your own risk assessment.
