MEXC Pre-Market Trading: Space and Time(SXT) is Coming Soon

MEXC
MEXC|May 03, 2025 08:43
We’re thrilled to announce that Space and Time(SXT) will soon be available for pre-market trading on MEXC. Get a head start before it hits the spot market! Details are as follows: Start Time: May 3, 2025, at 04:00 (UTC) Settlement Time: Please refer to the trading details page for the specific settlement time. *BTN-Join Now!&BTNURL=https://www.mexc.com/pre-market/SXT* Space and Time is a decentralized data warehouse that enables smart contracts and AI agents to securely process both on-chain and off-chain data using zero-knowledge cryptography. Total Supply:5,000,000,000 SXT | Official Website | X(Twitter) | Pre-Market Trading is an over-the-counter (OTC) service offered by MEXC that allows users to buy and sell new tokens before they are officially listed on the exchange. This service lets traders set preferred prices and find matching trades, providing an opportunity to trade at favorable prices before the public launch. By participating in Pre-Market Trading, MEXC users can gain a competitive edge before the tokens are officially issued. MEXC Pre-Market Trading provides investors with a way to get ahead in the market before new tokens are officially issued. Compared to post-launch trading, traders have the chance to acquire trending tokens under more favorable conditions, potentially gaining a market advantage. BuyerWhen buyers place an order, the collateral and fees will be frozen, with only the fees deducted at the time of settlement.If the settlement is successful, both the collateral and fees will be deducted. If the settlement fails, the fees will still be deducted, but the collateral will be unfrozen, and the buyer will receive the seller's collateral as compensation.SellerWhen sellers place an order, the collateral and fees will be frozen, with only the fees deducted at the time of settlement.Sellers must ensure there are sufficient tokens in their Spot account at the time of settlement.After the successful delivery of tokens, payment will be received in the Spot account. If the settlement fails, the seller forfeits all collateral, with a portion collected by the platform as a liquidation fee and the remaining portion provided to the counterparty as compensation. Currently, MEXC does not charge any fees; all collateral will be compensated to the buyer. Settlement TimeThe seller will transfer the full amount of tokens agreed upon in the Pre-Market Trading to the buyer at the specified settlement time. Please refer to the token information section on the Pre-Market Trading page for more details.Collateral RateThe collateral rate represents the percentage of the order value that must be held as collateral. Failure to complete the settlement within the specified time may result in the loss of collateral. For specific collateral rates, please refer to the token information section on the MEXC Pre-Market Trading page.Fee RateThe fee rate is a specified percentage based on the transaction value and varies depending on the tokens being traded. For specific fee rates, please refer to the token information section on the Pre-Market Trading page.Pre-Market Trading Frozen AmountBuyer Frozen Amount = Order ValueSeller Frozen Amount = Order Value x Collateral Rate (Z%).For example, if Z = 100%, then the frozen amount for buying or selling 1,000 USDT in pre-market trading would be 1,000 USDT x 100%, equaling 1,000 USDT.Overdue Settlement FeeIf the seller fails to complete the settlement within the specified time, the platform will deduct a portion of the seller's collateral as a fee, with the remainder given to the buyer as compensation. Currently, MEXC does not charge any fees; all collateral is compensated to the buyer.
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