BLUM
(USDT)
Pre-Market OTC User Guide
Click on "Create Order" and enter the amount and price in "Buy", then submit the order and complete the payment.
Wait for the seller. Once the seller accepts your order, you just have to wait for the delivery time.
You will receive tokens if the seller complete the delivery on time, otherwise you will receive an indemnity and the total amount you paid will be refunded.
What is Pre-Market OTC?
Pre-Market OTC is an over-the-counter (OTC) trading service that allows investors to buy and sell new tokens before the tokens officially get listed.
What are the advantages of Pre-Market OTC?
Pre-Market OTC provides investors with a way to seize market opportunities before new tokens are officially listed.
Compared to post-launch trading, investors have the chance to acquire popular tokens on more favorable terms, potentially gaining a market edge.
How is delivery completed?
If you are a seller, ensure that you have enough tokens in your unified or spot account to fulfill your delivery obligation during the delivery period. Please wait patiently for the delivery time to come; your tokens will be securely transferred to the buyer's account, completing the delivery process.
If you are a buyer, just wait for the delivery time after your order has been filled. If the seller does not default, you will receive the corresponding number of tokens from your order; if the seller defaults, you will receive compensation from the seller.
Is there a fee for failed delivery?
Yes. The fee is refunded only if the order is not filled or the token listing is canceled.
Can a filled order be canceled?
Filled orders cannot be canceled; please wait patiently for the delivery to be completed.
How is the LTV determined?
LTV takes into account various factors, including the riskiness of the token itself and the market conditions. Check the pre-market trading page for specific token information.