TechFlow news, according to an official announcement, OKX will officially launch pre-market trading (USDT-margined delivery contracts) for MEMEFI/USDT on October 25, 2024, at 3:00 PM (UTC+8) via its web platform, mobile app, and API. MEMEFI is described as a community-driven token used both in the MemeFi Web3 application and the MemeFi Telegram advertising network. The token serves as a medium for rewards, character development, in-game microtransactions, and discounted advertising services within the network.
Pre-market trading on OKX allows users to conduct delivery contract trading on tokens prior to their official listing. These pre-market delivery contracts are essentially USDT-denominated delivery contracts, which typically settle before the new token is listed on the spot market. By launching this feature, OKX aims to provide users with a secure and reliable platform to participate in price discovery for newly launched tokens.
