What happens if you don’t sell your coins before the premarket phase ends?
If you don’t sell your crypto coins during the pre-market phase, they won’t disappear—they’ll remain in your wallet or account. Here's what typically happens:
1. Pre-Market Phase
During this stage, the coin isn't yet available for public trading on exchanges. It may be sold via private sales, ICOs, or presale events. If you buy coins at this point, they’ll be held in your account or a compatible wallet.
2. Spot Listing
Once the coin is listed for spot trading on an exchange, it becomes available for open market transactions. Any coins you own from the pre-market phase remain yours and can be traded once listed. You won’t lose them just by holding them.
3. Advantages of Holding Until Spot Listing
Pre-market coins are often offered at a discounted price, so holding them until the coin is listed can lead to higher profits if the price rises. However, there's a risk: if the coin’s price drops after the listing, the market value of your coins will decrease.
4. Things to Keep in Mind
Vesting or Lock-Up Periods: Some pre-market purchases may have conditions like vesting schedules or lock-up periods, which prevent you from selling the coins immediately after listing.
Platform Rules: Make sure you follow the project's guidelines for claiming or transferring your coins to your wallet.
As long as the coin project is legitimate and you control your wallet, your coins won’t be lost if you hold onto them. Always secure your wallet credentials and be wary of scams in the crypto world. Let me know if you need help with tracking your investment!