❓F.A.Qs
Anything you can ask about our Pre-Market OTC
What are the advantages of Pre-Market?
Pre-market trading in cryptocurrency allows investors to capitalize on the hype surrounding new coins before their official launch, allowing them to position themselves advantageously by purchasing tokens early.
It also offers the potential to acquire trending tokens at favorable prices, allowing investors to benefit from price movements before the TGE occurs.
How does Pre-Market OTC Trading on Unich work?
Users can buy or sell a specific token on the Pre-Market Trading page before its official listing. After connecting the wallet, sellers and buyers can create orders and set the price in advance or trade through available orders. All transactions are in USDT.
What's the Collateral for Sellers?
The seller can use USDT as a Collateral for the Unich Pre-Market OTC Platform order.
How can I complete the order?
If you are a buyer, please wait until the settlement time once you pay the order values and the transaction fees.
If you are a seller, please ensure you have enough tokens in your account at the settlement time to fulfill the delivery.
Here are two (2) ways to send tokens:
Deposit tokens are distributed from the projects.
Buy tokens through trading pairs listed on the market before settlement time
Can I complete the order before the settlement time?
No, the tokens can only be delivered at the settlement time, even if you already have enough tokens in your account.
Is there a fee for not delivering tokens on time for settlement?
Yes. If the seller does not deliver the tokens at settlement time, you will lose 100% of the collateral you placed. Of which, Unich charges an amount as a fee, while the remaining amount is paid to buyers.
How are Pre-market fees calculated?
Unich does not charge listing and delisting fees when placing orders. However, users will pay the network's gas fee.
After payment is completed, Unich will charge 2% of the contract's total transaction volume.
Can I cancel a matched order?
You can cancel transactions by mutual agreement.
What happens if there is a delay/cancellation in the token listing schedule?
If there is a delay, the settlement time will be put off as the token listing schedule.
If there is a cancellation, your payment will be refunded.
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