Gate.io Announcement on Launching Pre-OTC Trading for Kriya Dex (KDX) Project

Gate.io will start pre-OTC trading for the project Kriya Dex (KDX) on November 29th. Trading starts at 17:00 on November 29, 2024 (UTC+8); Trading end time: To be determined;

Pre-market OTC trading page: https://www.gate.io/zh/pre-market/KDX Participate Now

**Note:

1. The pre-market OTC trading opened this time is for KDX Points (积分), not KDX Token (代币).
2. The integral Token is a pre-trading Token voucher with a predetermined issuance total. After the project party officially announces the Token economics, the platform will exchange the pre-OTC trading order quantity in proportion to the real Token issuance quantity and the predetermined issuance quantity of the integral, with the order amount unchanged. You can check the “exchange quantity” in the order to determine the actual Delivery quantity and prepare for Delivery.
3. Please always follow the Delivery schedule and complete the Delivery on time. Failure to comply with the Delivery schedule may result in the loss of Margin. **

Kriya Dex (KDX) Project Introduction Kriya is a one-stop Decentralized Finance protocol on Sui, providing native AMM for swaps, limit orders, strategy library, and leverage Perpetual Futures. Project Official Website｜Project White Paper

KDXTokenissuance total amount: TBD KDX Points issuance total: 1,000,000,000

Pre-market OTC trading specifics: 1. What is gate pre-market OTC trading? gate Pre-market OTC Trading is a special Over-the-counter Trading service (OTC) that allows investors to buy and sell before the formal trading of new Tokens. This service allows both parties to set prices and complete transactions on their own, enabling them to buy and sell Tokens at the expected price before public trading of the Tokens.

Investors may acquire potential hot tokens at a cost lower than the market listing price, thereby gaining a price advantage.

3. How to conduct pre-market OTC trading? In the pre-market trading on gate, traders can buy and sell the token before it is officially traded. They can choose to become a maker and create preset quoted orders, or become a taker and match transactions with active orders on the platform. For specific operations, please refer to the pre-market trading beginner’s guide. Note: Both buyers and sellers need to pay the trading fees in advance. The seller must pay the stake amount according to the loan-to-value ratio to ensure timely Settlement. The stake will be refunded after successful Delivery. All transactions are priced in USDT.

Read more [Pre-market OTC Trading FAQs] [Pre-market OTC Trading Guide]

Disclaimer Please note that pre-market OTC trading may involve various risks, including limited Liquidity, large ask price spreads, and price uncertainty.

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Gate.io November 28, 2024