Announcements Gate.io Announcement on Launching the Pre-Market OTC Trade for OGCommunity(OGC)

Gate.io Announcement on Launching the Pre-Market OTC Trade for OGCommunity(OGC)

2024-10-11 10:37:50 UTC 43352 Read

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**Gate.io launched Pre-Market OTC Trading for OGCommunity(OGC) on October 11th, 2024.**

Delivery Schedule: Please refer to the trading page for the specific details of the delivery time.

Pre-Market OTC Trading Page: <div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/pre-market/OGC" 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 delivery schedule and complete delivery on time.Failure to comply with the delivery schedule may result in the loss of collateral.

**About OGCommunity(OGC):**
OGCommunity is a convenient platform where users from all over the world can communicate, share experience, grow and earn. Users can not only find information about new games, streams, tournaments and other interesting events, but also influence the development of these projects.
Everyone has the power to directly influence game development. User's feedback helps shape future projects, ensuring a gaming experience tailored to the preferences. OGCommunity is not just a community; it is a platform for growth and earning opportunities. Engage with like-minded gamers, enhance skills, and earn rewards—all within one comprehensive ecosystem.
[Official website](https://ogcom.xyz/ "Official website") / [X](https://x.com/OGCommunity_X "X") / [Discord](https://discord.com/invite/ogcom "Discord")

OGCommunity Token Max Supply: 1B

**Note: According to the tokenomics provided by the project, the total supply is 1 billion. However, if the tokenomics changes in the future, the number of coins held by users will be adjusted according to the actual total supply.**

**Gate.io Pre-Market OTC Trading Introduction as follows:**

## What is Gate.io Pre-Market OTC Trading?
Gate.io Pre-Market OTC Trading is an Over-the-Counter (OTC) trading service that allows investors to buy and sell new tokens before their official listing. It enables users to set prices and trade tokens at anticipated rates before public trading begins.

Read More
[[FAQ about Pre-Market OTC Trading]](https://www.gate.io/help/pre-market-trading/pre-market/35226/faq-about-pre-market-trading "[FAQ about Pre-Market OTC Trading]")
[[Pre-Market OTC Trading Guide]](https://www.gate.io/help/pre-market-trading/pre-market/35228/pre-market-trading-guide "[Pre-Market OTC Trading Guide]")

## Key benefits of Pre-Market OTC Trading
It offers investors the chance to potentially acquire trending tokens at lower costs compared to the market listing price, providing a competitive edge in pricing.

## How to conduct Pre-Market OTC Trading?
On Gate.io Pre-Market OTC Trading, traders can buy or sell specific tokens before its officially listing. Traders can choose to be a Maker, creating orders with preset prices, or be a Taker, matching active orders on the platform. Refer to the Pre-Market OTC Trading Beginner's Guide for more details.

Note: Both buyer and seller need to pay trading fees in advance. Sellers are required to pay a collateral amount based on the collateral rate to ensure timely settlement. The collateral will be refunded after the delivery is successful. All transactions are priced in USDT.*

Now, let’s take a look the two different roles in Pre-Market OTC Trading.
![](https://gimg2.gateimg.com/image/article/1712629932en1.png)

Notes:
1.Only unfilled orders can be canceled, orders cannot be canceled once matched with a counterparty.
2.Unfilled orders will be automatically canceled after the Pre-Market OTC trading ends.

## Terms Explained
![](https://gimg2.gateimg.com/image/article/1712629179en2new.png)

### Changes in Token Listings on Gate.io
(1) If there's a listing delay, executed Pre-Market OTC trading orders stay valid. New delivery times will be notified through Gate.io announcements and emails.
(2) If the listing is canceled, all Pre-Market OTC trading orders are voided. Users receive refunds for frozen collateral within a working day, with no trading fees charged.

### Fee Structure
**Transaction Fee: **The transaction fee rate applies to the total order value of matched orders. Check the latest rates on the trading page.
**Other Fees:** If the seller misses the delivery time, a 10% collateral will be retained as a fee by the platform, with the remaining 90% compensated to the buyer.

### Disclaimer
Please note that Pre-Market OTC trading carries various risks, including limited liquidity, large bid-ask spreads, and price uncertainty.

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Gate.io Team
October 11th, 2024

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