OKX launches pre-market trading feature, with the first phase introducing the HMSTR/USDT perpetual contract

ChainCatcher news, according to official information, OKX has officially launched the pre-market trading feature, allowing users to trade futures contracts on tokens that have not yet been released, aiming to provide users with a safe and reliable platform to participate in the price discovery of new tokens. In addition, the official announcement states that OKX will officially launch HMSTR/USDT pre-market trading (USDT margin futures contract) on August 1, 2024, at 6:00 PM (UTC+8) on the web, app, and API.

It is reported that the pre-market trading futures contracts are essentially USDT-based futures contracts, which are usually settled before the new tokens go live on the spot trading market. According to OKX's reminder, the prices of tokens available for pre-market trading are determined by the market, and the risk volatility is significant, so users need to participate with caution.

For more details, see the official announcement: https://www.okx.com/help/okx-to-list-pre-market-futures-for-hmstr-crypto