CoinEx Pre-Token Trading

Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. It allows users to earn profits before popular new tokens or major events are officially released. Through Pre-token Trading, users can pre-mint and trade PreTokens flexibly, and deliver them at maturity in prediction markets.

Please note: PreTokens are not genuine tokens of any project. Pre-minted and held PreTokens will be settled with collateral (USDT) at a fair price, and users will receive the collateral (USDT) funds upon delivery.

Simplified user experience: Users can be pre-minters and also directly trade Pre-Tokens to become holders.

Versatile application: You can pre-mint PreTokens for assets (such as unreleased projects) and events (for their possible outcomes).

Comprehensive risk management: If the market price outside CoinEx has significantly exceeded our pre-minting price, we may settle and deliver Pre-Tokens early and reopen the market afterward, and in this way, we can better safeguard user interests.

CoinEx will specify the amount of collateral required for pre-minting PreTokens, such as USDT, and by staking a certain amount of assets, users can acquire equivalent PreTokens, available for redeeming and spot trading at any time.

There may be multiple challenges before the official public issuance of tokens for any project:

High volatility risk: PreToken prices experience extreme fluctuations, especially when outcomes of new projects or events are unknown, potentially leading to significant losses.

Liquidity risk: Since the trading does not involve genuine tokens of any project, some PreTokens may face liquidity issues.

Market manipulation risk: Small-scale or emerging Pre-Token markets are more fragile to manipulation by large traders, potentially mispricing market expectations.

Since the trading risk of Pre-Token Trading is higher than normal spot trading, please ensure you fully understand the pre-market trading rules and the nature of each project before using the service.

CoinEx implements comprehensive risk management strategies to ensure the stability and asset security of Pre-Token Trading.

The delivery time of each project under Pre-Token Trading varies based on its actual situation, subject to the project's delivery rules.

CoinEx may deliver PreTokens early in the following situations:

(1) When the off-platform market price of the PreToken project is significantly higher than the pre-minted price on CoinEx.

(2) When unexpected circumstances occur or results are announced early for the event related to the PreToken.

PreTokens delivered early may have their markets reopened later. Please stay tuned with the official announcements for details.