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What happens if you don’t sell you coins before the premarket ends??!!
If you don’t sell your crypto coins during the pre-market phase, you don’t lose them—they remain in your wallet or account. Here’s how it typically works:
1. Pre-Market Phase• During this phase, the coin is not yetlisted on a public exchange for spot trading. Instead, it may be sold through private sales, initial coin offerings (ICOs), or presale events.• If you purchase coins during this phase, they are usually held in your account or a compatible wallet.
2. Spot Listing• When the coin gets listed for spot trading on an exchange, it becomes available for open market buying and selling.• Any coins you own during the pre-market phase are still yours and can be traded once the coin is listed. You don’t lose them by holding onto them during this phase.
3. Benefits of Holding Until Spot Listing• Coins purchased in the pre-market are often discounted, so holding them until spot listing can potentially yield higher profits if the price increases after listing.• However, there’s also risk: if the coin’s value drops after listing, the market value of your coins decreases.
4. Things to Consider• Vesting or Lock-Up Periods: Some pre-market purchases come with conditions, like vesting schedules or lock-up periods, meaning you can’t sell your coins immediately when they’re listed.• Platform Rules: Ensure you’ve followed the project’s guidelines for claiming or transferring your pre-market coins to your own wallet.As long as the coin project is legitimate and you maintain control over your wallet, you won’t lose your coins by holding onto them. Always keep your wallet credentials safe and be cautious about scams in the crypto space. Let me know if you’d like advice on tracking your investment!