Announcements Succinct (SP1) Will Be Launched on Gate.io Pre-Market OTC Trading

Succinct (SP1) Will Be Launched on Gate.io Pre-Market OTC Trading

2025-03-06 12:24:17 UTC 22566 Read

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Gate.io will launch Pre-Market OTC Trading for Succinct(SP1) on March 6th, 2025.

OTC Trading Starts time: 13:00 UTC, March 6th, 2025
OTC Trading Ends time: TBD

Pre-Market Trading Page: https://www.gate.io/pre-market/SP1
<div style="text-align: center;"><a data-type="gate-activity" rel=""  href="https://www.gate.io/pre-market/SP1" target="_blank" style="text-decoration: none !important;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 SP1 Points, not the SP1 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.

**Succinct (SP1):**
Succinct is building a decentralized prover network so that anyone can build blockchain applications and infrastructure secured by cryptographic truth, not trust. Succinct unifies the proof supply chain, providing highly available proof generation infrastructure with best-in-class pricing, for rollups, coprocessors and other applications using zero-knowledge proofs.

<a href="https://www.succinct.xyz/" rel="nofollow noopener noreferrer" target="_blank">Website</a> | <a href="https://x.com/SuccinctLabs" rel="nofollow noopener noreferrer" target="_blank">Twitter</a>

SP1 Point Max Supply: 1,000,000,000
SP1 Token Max Supply: TBD

**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, placing 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**
<a href="https://www.gate.io/help/pre-market-trading/pre-market/35226/faq-about-pre-market-trading" target="_blank">FAQ about Pre-Market OTC Trading</a>
<a href="https://www.gate.io/help/pre-market-trading/pre-market/35228/pre-market-trading-guide" target="_blank">Pre-Market OTC Trading Guide</a>

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

**Gateway to Crypto**
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Gate.io Team
March 6, 2025

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