Gate Announcement on Launching the Pre-Market OTC Trade for Tearline (TEARLINE)

Gate will launch Pre-Market OTC Trading for Tearline (TEARLINE)on November 8th, 2024.

OTC Trading start time: 07:00 AM UTC November 8th,2024
OTC Trading end time: TBD

Pre-Market OTC Trading Page: https://www.gate.com/pre-market/TEARLINE

Note:
1）The launched Pre-Market Trading is for TEARLINE Points, not the TEARLINE 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.

About Tearline (TEARLINE):
Empowering users with intuitive guidance based on natural language and tuned intelligence, making all Web3 operations easy to navigate.

Official website

TEARLINE Points Max Supply: 1B
TEARLINE Token Max Supply: TBD

Gate Pre-Market OTC Trading Introduction as follows:
What is Gate Pre-Market OTC Trading?
Gate 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 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]
[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 Team
Nov 8th, 2024