Cryptocurrency exchange Bitget has announced the listing of BounceBit-based BB tokens as part of its pre-market trading.
"This initiative is designed to meet the demand for pre-listing trading of the latest tokens. With increased liquidity, it provides a better trading experience for DeFi users," the exchange said in a message.
BounceBit is the world's first BTC restocking chain. BounceBit's network is secured by BounceBit's stablecoin and tokens. The PoS mechanism in BounceBit provides a dual-staking system that utilizes native BTC protection and full EVM compatibility. BounceBit introduces a blended DeFi and CeFi yield mechanism, allowing BTC holders to generate yield using native validator staking, the DeFi ecosystem, and the CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.
Pre-market trading provides access to trading tokens, such as BB, that have not yet been officially listed on the spot market of major centralized exchanges. Pre-market trading allows users to influence the pricing of the asset, providing them with a strategic advantage once it is listed on various exchanges.
"Pre-market is a strategic product designed to attract the interest of active traders and investors looking for early access to high-potential, low-capitalization tokens," said Bitget.
It's worth noting that through pre-listing trading, Bitget is building its ecosystem to function as a one-stop solution for traders of all levels, which underscores the exchange's broader goals of expanding its presence across all sectors of the crypto market.
Bitget is now one of the top 10 platforms for spot cryptocurrency trading, offering its users access to over 700 coins and 800 cryptocurrencies.
With the launch of pre-market trading, Bitget aims to provide its traders and investors with even more options to meet their growing needs.
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