Announcements Gate.io Announcement on Xion(XION) Pre-Market OTC Trading & Pre-Market Trading Settlement Time as well as the listing

Gate.io Announcement on Xion(XION) Pre-Market OTC Trading & Pre-Market Trading Settlement Time as well as the listing

2024-12-04 07:06:14 UTC 2677 Read

XION/USDT + 9.22%

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**1.Pre-Market OTC Trading Settlement Time:**
Trading Ends Time: 12:00 AM, December 5th,2024 (UTC)
Settlement Starts Time: 12:00 PM, December 5th, 2024 (UTC)
Settlement Ends Time: 02:00 PM, December 5th, 2024 (UTC)

Pre-Market OTC Trading Page: https://www.gateio/pre-market/XION
<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/pre-market/XION" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Join Now</span></strong></div></a></div>
**Note: Please always pay attention to the settlement schedule and complete settlement on time. Failure to comply with the settlement schedule may result in the loss of collateral.**

**2.Pre-Market Trading Settlement Time:**
Pre-Market trading PreMint Ends Time：04:00 AM, December 4th,2024（UTC）
Pre-Market Trading Ends TIme: 08:00 AM, December 4th,2024 (UTC)
Pre-Market trading Settlement Starts Time: 12:00 PM, December 5th, 2024 (UTC)
Pre-Market trading Settlement Ends Time: 02:00 PM, December 5th, 2024 (UTC)

**Attention:
1.After the minting portal is closed, users cannot stake USDT to mint PreToken and cannot use the cancel staking function;
2.After the Xion (XION) Premarket closure, the system will take a snapshot of users’ XION PreToken holdings and clear the XION PreToken balances.
3.Users participating in PreToken minting should ensure that you hold sufficient XION tokens in your accounts within the delivery time. The corresponding amount of tokens will be deducted automatically from the accounts within the delivery time and the staked amount will be returned to your accounts.
4.After the settlement, we will settle the accounts for users who held XION PreTokens at the time of the snapshot (The settlement is expected to be completed within 1 hour, but please refer to the actual timing). Once settled, you will receive the real XION from the settlement, as well as the locked USDT from users who failed to complete the settlement on time.**

**3.Gate.io Will List Xion(XION)**
About Xion(XION):
XION is the first walletless L1 purpose built for mainstream adoption through chain abstraction.

Token symbol: XION
Website: https://xion.burnt.com/
WhitePaper: https://xion.burnt.com/whitepaper.pdf
XION Token Max Supply: 200Million

Trading starts at 10:00 AM (UTC) on December 5th, 2024.

Deposit Xion(XION)：https://www.gate.io/myaccount/deposit/XION
Trade Xion(XION)in the USDT market via: https://www.gate.io/trade/XION_USDT

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Gate.io Team
Dec 4th, 2024

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Gate.io Announcement on Xion(XION) Pre-Market OTC Trading & Pre-Market Trading Settlement Time as well as the listing

Gate.io Announcement on Xion(XION) Pre-Market OTC Trading & Pre-Market Trading Settlement Time as well as the listing

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