OKX has officially announced that it will launch X/USDT pre-market trading via its web platform, mobile app, and API at 18:00 on October 11, 2024.
OKX Announces Launch of X/USDT Pre-Market Trading
This pre-market trading feature will include USDT margined futures contracts and the details are as follows:
- Pre-Market Trading: OKX’s pre-market trading allows users to enter into futures contracts on new tokens before they are officially listed.
- Pre-market contracts are USDT margined futures contracts and are typically settled before the token is offered for sale on the spot trading market.
- Purpose: The new pre-market trading feature aims to provide users with a safe and reliable platform to participate in price discovery for newly listed tokens.
With this feature, OKX offers users the opportunity to trade early, allowing them to speculate and potentially profit from price movements before new tokens are officially available for spot trading.
It is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitcoin-exchange-okx-announces-pre-market-trading-for-a-new-altcoin-trading-pair/