Announcements Gate.io Announcement on Launching the Pre-Market Trade to SnakeLite (SNAKE)

Gate.io Announcement on Launching the Pre-Market Trade to SnakeLite (SNAKE)

2024-10-12 08:33:36 UTC 21057 Read

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**Gate.io will start the project SnakeLite (SNAKE) pre-market OTC trading on October 12th, 2024.**

Trading start time: 01:00 PM (UTC) on October 12th, 2024 ;
Trading end time: TBD ;
Delivery start time: TBD ;
Delivery end time: TBD ;

Pre-market OTC trading page: <div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/pre-market/SNAKE" 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.**

SnakeLite (SNAKE) Project Introduction:
Launched in 2024, SnakeLite is a casual Web3 game designed for Telegram, evolving from its massive success as a classic mobile game with over 100 million downloads on Google Play. Player can play against global players while earning digital assets through the Tap-to-Earn model. Now integrated with the TON blockchain, SnakeLite offers exciting new features like the SnakeTeam and advertising platform, allowing users to share ad revenue. With its rapid growth and innovative approach, SnakeLite is set to become a major force in Web3 gaming.

[Official website](https://snakelite.io/ "Official website") | [SNAKE Docs](https://docs.snakelite.io/ "SNAKE Docs")
SNAKE Max Supply: 1,000,000,000

**Gate.io Pre-Market Trading Introduction:**
**What is Gate.io Pre-Market Trading?**
Gate.io Pre-Market 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.

**Key benefits of Pre-Market 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 Trading?**
On Gate.io Pre-Market Trading, traders can buy or sell specific tokens before its officially listed. 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 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.

**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]")

**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 12th, 2024

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