TechFlow News, on October 14, according to an official announcement, OKX will officially launch pre-market trading (USDT-margined delivery contracts) for GRASS/USDT at 15:30 (UTC+8) on October 14, 2024, across its web platform, mobile app, and API, supporting up to 2x leverage.
Grass is a decentralized data layer purpose-built for artificial intelligence, enabling users to share their internet bandwidth via a distributed network and obtain verifiable web data.
Notably, OKX's pre-market trading allows users to conduct delivery contract trading for tokens not yet officially listed. Pre-market delivery contracts are essentially USDT-denominated futures contracts, which typically settle before the new token is launched on the spot market. By introducing this feature, OKX aims to provide users with a secure and reliable platform to participate in price discovery for newly launched tokens.
