Pre-Market
Pre-Market is an over-the-counter (OTC) trading platform exclusively for trading new tokens before their official launch. Buyers and sellers can set price quotes and match trades to secure their desired prices and liquidity in advance.
Make sure you possess adequate funds before trading, and can fulfill delivery within the agreed-upon time frames.
Trading Duration
Settlement Time
Pledge rate
Fee rate
Create order
How Pre-Market Works
FAQ
What is Pre-Market?
What is the advantage of participating in pre-market or pre-purchase?
Can I cancel an order once I've confirmed it?
What happens if I can't complete my trade within the agreed time frame?
If my order is filled as a buyer, does this mean I will receive my tokens immediately?
What if a token doesn't get listed, or if the listing schedule is delayed?
In the event of a delay or cancellation of the token listing, Pre-Market orders will either be postponed or canceled altogether.
In the event of a delay or cancellation of the token listing, Pre-Market orders will either be postponed or canceled altogether.
Cancellation: All orders are nullified. Frozen funds due to Pre-Market trading are typically refunded to the user's trading account within one business day. Trading fees will not be charged.
Do Pre-Market trades affect a token's initial listing price on SarrafEx?
How Do I Complete Delivery?
1. Deposit Enough Tokens
Ensure you have the right token ticker and deposit address. Transfer enough tokens to your Trading Account, then wait for settlement time.
2. Purchase in Spot Market
Buy tokens via the Spot Market, transfer enough tokens to your Trading Account, then wait for settlement time.
Note: Only tokens from your Trading Account will be considered for delivery. Tokens stored in other accounts (e.g., Funding Account) will not be recognized, and you risk losing your collateral.
How are Pre-Market fees calculated?
Normally, Pre-Market fees are calculated as: 2.5% * Total Trading Amount, with a maximum of 25000 USDT per order.
Depending on the traded token, there may be minimum or maximum charges per order. Clearance Fee: In cases where the buyer or seller fails to deliver within the designated time frame, SarrafEx will impose a clearance fee, which will be deducted from the collateral.
Note: Fees are not incurred on uncompleted orders. Also, the fees from Pre-Market trading are distinct from SarrafEx's spot trading fees.