Introduction to Pre-Market Trading on Bitget
Bitget is thrilled to announce the upcoming launch of River (RIVER) in pre-market trading, allowing users to trade before the official spot listing. This innovative feature is set to enhance trading strategies and provide early access to new assets.
Key Trading Dates
- Start Time: 20 September 2025, 15:00 (UTC)
- End Time: 22 September 2025, 9:30 (UTC)
- Spot Trading Time: 22 September 2025, 10:00 (UTC)
- Delivery Start Time: 22 September 2025, 11:00 (UTC)
- Delivery End Time: 22 September 2025, 15:00 (UTC)
The pre-market trading link will be available here.
What is River (RIVER)?
River aims to build a unique chain-abstraction stablecoin system that connects assets, liquidity, and yield across different ecosystems. It is powered by the omni-CDP stablecoin, satUSD, helping users earn, leverage, and expand across various platforms.
Pre-Market Trading Details
In this pre-market phase, traders will have the opportunity to:
- Set buy/sell orders ahead of the spot listing.
- Lock in prices before the market opens to potentially capitalize on price movements.
Delivery Methods
1. Coin Settlement
- Orders under this mode will be fulfilled periodically during the delivery period.
- If the seller has enough tokens in their balance, orders will be executed.
- If not enough tokens are available, the system will compensate based on security deposits.
2. USDT Settlement
- Orders are executed at the end of the delivery period, ensuring fair trades at an average index price from the last ten minutes.
Benefits of Pre-Market Trading
Pre-market trading on Bitget provides several advantages to investors:
- Liquidity: Ability to secure asset liquidity in advance before the official listing.
- Price Optimization: Traders can aim for better pricing by placing orders ahead of time, aligning with their trading strategies.
Example of Pre-Market Trading
For instance, if a user buys 10 RIVER tokens at 10 USDT and later sells the same amount at 15 USDT:
- At the delivery time, if the execution price is determined as 5 USDT, the PnL for the transactions would be calculated as:
- PnL of Order A = (5 – 10) × 10 = -50 USDT
- PnL of Order B = (15 – 5) × 10 = 100 USDT
- Total PnL = 50 USDT
Conclusion
As Bitget continues to innovate in the cryptocurrency trading space, the pre-market trading for River (RIVER) exemplifies its commitment to providing advanced trading options for users. By understanding the details and benefits of this feature, traders can maximize their investment strategies effectively.