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Bitget Launches Pre-market with Merlin Chain (MERL) as the First Supported Asset

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Victoria, Seychelles, April twelfth, 2024, Chainwire

Bitget, a world-leading cryptocurrency trade and Web3 platform, is worked up to announce the launch of its newest characteristic, Pre-market. This new characteristic goals to satisfy the demand for pre-listing buying and selling of the most recent tokens and improve the liquidity and buying and selling expertise for customers. The primary supported token on the Pre-market will probably be Merlin Chain (MERL), and buying and selling will start at 04:00 (UTC) on April twelfth.

Pre-market is designed to facilitate buying and selling for tokens that haven’t but been formally listed on the spot market of main centralized exchanges like Bitget. It permits customers to activate group buying and selling pursuits and entice early adopters. By enabling pre-listing buying and selling, customers can achieve early pricing energy over the asset, making it simpler to grow to be the first buying and selling marketplace for the asset as soon as it’s listed on varied exchanges.

The Pre-market will debut with Merlin Chain (MERL) as its first supported challenge. Merlin Chain is a Bitcoin Layer 2 resolution that integrates the ZK-rollup community, decentralized oracles, and on-chain BTC fraud prevention modules. Merlin Chain helps well-liked Bitcoin protocols reminiscent of BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, and extra, enabling a broader consumer base to work together on Bitcoin Layer 2. As an EVM-compatible chain, it provides low charges and excessive scalability, making certain speedy transaction processing and improved transaction liquidity.

Bitget’s Pre-market buying and selling provides an OTC market platform, facilitating peer-to-peer buying and selling and enabling consumers and sellers to set costs and match trades immediately. This ensures that they will safe their desired costs and liquidity upfront for the property supported. Customers participating in pre-listing buying and selling should guarantee they’ve adequate property earlier than buying and selling and may full supply throughout the specified timeframe.

Gracy Chen, Managing Director of Bitget, expressed, “Bitget’s introduction of the Pre-market marks a big development in our dedication to offering cutting-edge options for our customers. This modern characteristic underscores our dedication to fostering a dynamic and inclusive buying and selling setting, empowering customers to grab alternatives and keep forward within the fast-paced crypto market.”

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Bitget is now one of many high 10 crypto spot buying and selling platforms with over 700 cash and 800 pairs. With the introduction of Pre-market, Bitget continues to innovate and supply options to satisfy the evolving wants of cryptocurrency merchants and traders.

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For extra details about Bitget Pre-market, please go to: https://www.bitget.com/help/articles/12560603808074

About Bitget

Established in 2018, Bitget is the world’s main cryptocurrency trade and Web3 firm. Serving over 25 million customers in 100+ international locations and areas, the Bitget trade is dedicated to serving to customers commerce smarter with its pioneering copy buying and selling characteristic and different buying and selling options. Previously referred to as BitKeep, Bitget Pockets is a world-class multi-chain crypto pockets that gives an array of complete Web3 options and options together with pockets performance, swap, NFT Market, DApp browser, and extra. Bitget evokes people to embrace crypto by means of collaborations with credible companions, together with legendary Argentinian footballer Lionel Messi and official eSports occasions organizer PGL.

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