Announcements Bio Protocol (BIO) will be launched on Gate.io Pre-Market OTC Trading

Bio Protocol (BIO) will be launched on Gate.io Pre-Market OTC Trading

2024-12-24 11:46:28 UTC 19411 Read

BIO/USDT + 0.05%

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**Gate.io will launch Pre-Market OTC Trading for Bio Protocol (BIO) on December 24th, 2024.**

OTC Trading start time: 12:00 PM UTC December 24th, 2024.
OTC Trading 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/BIO" 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:**
1）The launched Pre-Market Trading is for BIO Points, not the BIO Token.
2) Point tokens are the representation tokens of pre-market trading with a preset point max supply. After the official tokenomics is confirmed, the platform will proportionally redeem the number of pre-market trading orders according to the ratio of real token max supply to preset point max supply and order amounts stay no change. Users can check their convertible numbers in their orders to confirm the actual quantities for delivery.
3）Please pay attention to the delivery schedule and complete the delivery on time. Failure to comply with the delivery schedule may result in the loss of collateral margin.
AboutBio Protocol (BIO):
BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Their mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP). 
[Official website](https://www.bio.xyz/ "Official website")｜[Official Whitepaper](https://docs.bio.xyz/bio "Official Whitepaper")

BIO Token Max Supply: TBD
BIO Points Max Supply: 3,320,000,000 BIO

**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 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 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]](<a href="https://www.gate.io/help/pre-market-trading/pre-market/35226/faq-about-pre-market-trading" target="_blank" title="">https://www.gate.io/help/pre-market-trading/pre-market/35226/faq-about-pre-market-trading</a> "[FAQ about Pre-Market OTC Trading]")
[[Pre-Market OTC Trading Guide]](<a href="https://www.gate.io/help/pre-market-trading/pre-market/35228/pre-market-trading-guide" target="_blank" title="">https://www.gate.io/help/pre-market-trading/pre-market/35228/pre-market-trading-guide</a> "[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
December 24th, 2024

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