Victoria, Seychelles, April 12, 2024, Chainwire
Bitget, the world’s leading cryptocurrency exchange and Web3 platform, is pleased to announce the launch of its latest feature, Pre-market. This new feature aims to meet the demand for pre-listing trading of the latest tokens and improve liquidity and trading experience for users. The first token supported on the pre-market is Merlin Chain (MERL), which will begin trading on April 12 at 04:00 (UTC).
The pre-market is designed to facilitate trading of tokens that have not yet been officially listed on the spot markets of major central exchanges such as Bitget. This allows users to activate community trading interest and attract early adopters. By enabling pre-listing trading, users can gain early pricing power for an asset, making it easier for it to become the primary trading market for assets listed on various exchanges.
Freemarket will introduce Merlin Chain (MERL) as its first supported project. Merlin Chain is a Bitcoin Layer 2 solution that integrates the ZK Rollup Network, decentralized oracles, and an on-chain BTC fraud prevention module. The Merlin chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, etc., allowing a broader user base to interact on Bitcoin Layer 2. As an EVM-compatible chain, it offers low fees and high scalability. Ensures fast transaction processing and improved transaction liquidity.
Bitget’s pre-market trading provides an OTC marketplace platform that facilitates peer-to-peer trading and allows buyers and sellers to set prices and match trades directly. This allows you to secure the desired price and liquidity for your supported assets in advance. Users participating in pre-listing transactions must ensure that they have sufficient assets before trading and can complete deliveries within the specified time period.
Gracy Chen, Managing Director, Bitget, “Bitget’s introduction of Freemarket marks a significant step forward in our efforts to provide cutting-edge solutions to our users. “This innovative feature highlights our commitment to creating a dynamic and inclusive trading environment and helping users seize opportunities and stay ahead of the rapidly changing cryptocurrency market.”
Bitget is currently one of the top 10 cryptocurrency spot trading platforms with over 700 coins and 800 pairs. With pre-market introduction, Bitget continues to innovate and provide solutions to meet the evolving needs of cryptocurrency traders and investors.
For more information about Bitget Free Market, see https://www.bitget.com/support/articles/12560603808074.
Introduction to Bitget
Established in 2018, bitget It’s the best in the world cryptocurrency exchange And Web3 company. Serving more than 25 million users in more than 100 countries and regions, Bitget exchange is committed to helping users trade smarter through pioneering copy trading features and other trading solutions. Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet that offers a variety of comprehensive Web3 solutions and features, including wallet functionality, swaps, NFT marketplace, DApp browser, and more. Bitget inspires individuals to embrace cryptocurrency through collaborations with trusted partners, including legendary Argentine soccer player Lionel Messi and official esports event organizer PGL.
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