Announcements Gate.io Announcement on Launching the Pre-Market OTC Trade to Grass (GRASS)

Gate.io Announcement on Launching the Pre-Market OTC Trade to Grass (GRASS)

2024-10-14 08:43:39 UTC 29928 Read

GRASS/USDT + 2.78%

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io will launch Pre-Market OTC Trading for Grass (GRASS) on October 14th, 2024.

OTC Trading start time:  at 9:30 am UTC on Oct 14th, 2024
OTC Trading end time: TBD

Pre-Market OTC Trading Page: https://www.gate.io/pre-market/GRASS

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

**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 Grass (GRASS):
Grass is a decentralised data layer built specifically for artificial intelligence, enabling access to verifiable web data through a distributed network of users sharing their internet bandwidth.
[Website](https://www.getgrass.io/ "Website")  |  [X](https://x.com/getgrass_io "X")

GRASS Token Max Supply: 1,000,000,000

**(Please note: The crypto project team has not yet confirmed the crypto issuance plan, and the total supply is uncertain. Changes in issuance volume may cause market price fluctuations. Users should stay informed about market conditions, exercise risk control, and trade cautiously.)**

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

**What is Gate.io Pre-Market OTC 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 OTC Trading?**
On Gate.io Pre-Market OTC 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 14th,2024

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