Bitget Launches SOON Pre-Market Trading Ahead of Official Spot Launch on May 13th.

Bitget, a cryptocurrency exchange and Web3 company, has opened pre-market trading for SOON (SOON) ahead of its official spot launch. The pre-market corridor allows users to engage in peer-to-peer trading before the token becomes available for spot trading. SOON is a new entrant in the Layer 2 scaling ecosystem, built around a custom Solana Virtual Machine (SVM) architecture, with a modular rollup infrastructure aimed at streamlining blockchain interoperability and scalability. The SOON token will have a fixed total supply of 1 billion.

Bitget, a prominent cryptocurrency exchange and Web3 company, has introduced pre-market trading for the SOON (SOON) token ahead of its official spot launch. This initiative allows users to engage in peer-to-peer trading before the token becomes available for spot trading. The pre-market corridor provides an opportunity for investors to secure liquidity in advance and trade the token at optimal prices.

SOON is a new entrant in the Layer 2 scaling ecosystem, built around a custom Solana Virtual Machine (SVM) architecture. Its modular rollup infrastructure aims to enhance blockchain interoperability and scalability. The SOON token will have a fixed total supply of 1 billion.

Pre-market trading on Bitget offers two settlement methods: Coin Settlement and USDT Settlement. In Coin Settlement, the system periodically executes deliveries for orders under the Coin Settlement mode. If there are insufficient project tokens or if sellers default, compensation with security deposits will not be triggered immediately. At the delivery end time, the system will either deliver or compensate any remaining undelivered orders.

USDT Settlement orders, on the other hand, are executed at the project's delivery end time. The delivery execution price is determined by the average index price over the last ten minutes, ensuring fairness and transparency.

Investors can participate in pre-market trading by using USDT from their spot account to pay for the trade. Sellers can list their new tokens on the order market at their preferred price via Post Order or find suitable buy orders on the marketplace to sell at the buyer's asking price. Buyers can set their desired quantity of coins at their preferred price and list the maker order in the order market.

The pre-market trading platform is designed to facilitate peer-to-peer trading, enabling investors to acquire coins at optimal prices and secure liquidity in advance. It is essential for users to exercise caution and conduct their own research before engaging in any pre-market trading activities, as cryptocurrencies are subject to high market risk and volatility.

References:
[1] https://www.bitget.com/support/articles/12560603827185
[2] https://cryptonewsland.com/meta-eyes-stablecoin-qubetics-ethereum-and-bitget-token-now-rank-as-top-cryptos-to-buy-this-month/