Gate.io Launches Pre-Market Trading for Vertus (VERT)
Gate.io, a leading cryptocurrency exchange, has officially launched pre-market trading for Vertus (VERT) as of September 13th, 2024. This exciting development allows investors and traders to engage in buying and selling the VERT token before its official public listing, using Gate.io's unique pre-market platform. Pre-market trading offers an exclusive opportunity for early access to a new token, giving users the ability to set anticipated rates and trade Over-the-Counter (OTC) ahead of the wider market.
The VERT token is backed by the Vertus Foundation, which has a strong user base of over 7.5 million, including 1.2 million daily active users and 3 million social media followers. Vertus has gained prominence by ranking third in the Ton Open League, a contest hosted by the TON Foundation, further solidifying its place in the fast-growing cryptocurrency market.
Key Highlights of Vertus (VERT) Pre-Market Trading
One of the significant advantages of Gate.io's pre-market trading is that it allows users to enter the VERT market early and at customized prices before public trading kicks off. This feature is especially useful for those who want to capitalize on token price movements or hedge their positions prior to a broader public market opening.
To participate, traders must follow the delivery schedule closely, as any delay in the completion of delivery could lead to the loss of collateral. Gate.io emphasizes the importance of adhering to the scheduled timelines, with specific details available on the official trading page.
Vertus’ Commitment to Accessibility
The Vertus Foundation's mission is to make cryptocurrency as accessible as possible. One of their standout features is a custodial wallet within the Telegram Mini App. This integration allows users to create a wallet with just one click, a process designed to eliminate the technical barriers that often deter newcomers from entering the crypto space. With this wallet, users can claim their first token and begin their journey into the cryptocurrency world effortlessly.
In addition to simplifying the onboarding process, Vertus is working on several DeFi products designed to increase the utility of the VERT token. These include a decentralized exchange and a freelance platform, both set to be integrated within the Telegram ecosystem. The first of these products is scheduled for release by the end of 2024.
Max Supply and Future of VERT
The VERT token has a maximum supply of 1.2 billion, although the Vertus Foundation notes that token economics are subject to future changes. This flexibility ensures the project can adapt to market conditions while maintaining its focus on enhancing user experience and token utility.
What is Pre-Market Trading on Gate.io?
Gate.io’s Pre-Market Trading platform allows users to buy and sell new tokens before they are publicly listed. It operates as an Over-the-Counter (OTC) service, where investors can set their own prices, creating a unique trading environment based on anticipated market performance. This feature offers significant advantages for traders who want to gain early exposure to new tokens like VERT, providing an opportunity to invest before broader market volatility sets in.
As Gate.io continues to innovate and expand its services, pre-market trading is becoming a valuable tool for early adopters and seasoned investors alike. With the addition of VERT to the pre-market lineup, users now have another exciting token to explore and trade on one of the industry’s most dynamic platforms.