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Pre-Market Trading is an innovative staking-to-mint service introduced by BitMart. Users can stake USDT to mint PreTokens and trade them early on a dedicated pre-market spot trading platform, allowing them to lock in prices and liquidity ahead of time. - Trade early and capture potential gains. - PreTokens are pre-listing vouchers. They cannot be directly deposited/withdrawn and are only tradable on the BitMart pre-market. - Official token delivery must be completed within the specified.

A PreToken is a staking voucher minted by locking USDT. It can only be traded on the pre-market and represents the right to redeem real tokens in the future. Key Features: - No deposits/withdrawals or transfers—only tradable on the pre-market. - Must be settled with real tokens after market closure to convert into official tokens.

Users can join in two ways: 1. Staking-to-Mint: Stake USDT → Mint PreTokens → Trade freely on the pre-market → Deliver real tokens to redeem staked USDT 2. Direct Trading: Trade PreTokens directly on the pre-market → Receive real tokens or a share of staked funds after settlement

During the delivery period, mint users must: - Ensure sufficient real tokens in their account (via deposit or market purchase). - The system will automatically deduct the tokens and refund the staked USDT. Failure to comply will result in the loss of staked funds.

After delivery: - The system automatically settles assets for PreToken holders. - Users receive real tokens and (if applicable) a share of forfeited staked funds.

Delayed Listing: Orders remain valid, and a new delivery timeline will be announced. Canceled Listing: The system will snapshot PreToken holders and distribute all staked USDT proportionally.