Bitget, the world's leading cryptocurrency exchange and Web3 company, has become the first centralized exchange (CEX) to introduce USDT delivery functionality to its pre-market trading service. Pre-Market Trading is a leading over-the-counter (OTC) solution designed to place early orders. This innovation is based on upgrading the existing token delivery model to reduce users' default risk in pre-market trading. The popular TON-based project Major (MAJOR) will become the first pre-market trading project to pilot the USDT delivery function.
Although the token delivery model works, sellers often encounter challenges when they fail to deliver on time or when on-chain deposits are delayed, resulting in insufficient tokens in their accounts, triggering delivery defaults and unnecessary losses. Bitget’s new USDT delivery model solves these problems, eliminating the need for sellers to deposit tokens and for buyers to subsequently sell and receive the tokens. Instead, profits and losses will be settled directly and automatically at the time of delivery, thereby reducing the seller's risk and optimizing the buyer's trading experience.
Bitget Pre-Market Trading provides trading of new coins before they are officially listed on Bitget, serving as a peer-to-peer marketplace that encourages early adoption and offers competitive pricing. This service allows traders to quickly respond to news and events that occur outside regular trading hours, which is important for seizing opportunities from market changes.
By placing orders before the market officially opens, pre-market trading provides investors with a strategic advantage, helping them anticipate and respond to price movements that may occur when the market opens. This forward-looking approach can significantly benefit traders looking to maximize their investment opportunities.
The introduction of USDT delivery functionality represents a major advancement for Bitget’s pre-market trading, making it the first platform in the crypto trading industry to add this feature. This integration demonstrates Bitget’s efforts to continue improving the user experience and introducing more trading features to the platform. The feature is now available as the MAJOR token is listed for pre-market trading.
Since its launch in April 2024, Bitget pre-market trading has provided users with early access to more than 25 high-profile projects, including EigenLayer (EIGEN), Zerolend (ZERO), Notcoin (NOT), ZkSync (ZKSYNC), and more.
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