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CoinEx Product Guide: How to Participate in CoinEx Pre-Token Trading and Earn Profits in Advance

2024-10-28 09:02:06

Pre-Token Trading is an innovative service on CoinEx that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. It allows users to earn profits before popular new tokens or major events are officially released. This enables users worldwide to freely issue, trade flexibly, and have a final settlement before the official release of popular new tokens or events, allowing them to earn profits in advance.

The platform aims to simplify the trading experience, allowing users to choose to become pre-minters, create and sell PreTokens, or trade PreTokens directly as holders. Through Pre-Token Trading, users can flexibly mint and trade PreTokens and settle them by the delivery process. This multifunctional tool goes beyond traditional asset trading, allowing users to mint and speculate on unreleased projects and event outcomes, making it a dynamic platform for short-term investment and predictions.

So, how can users participate in the CoinEx Pre-Token Trading? This article will take the “PRE_TRUMP” inaugural PreToken project as a case study to explain in detail.

PRE_TRUMP represents that Donald Trump wins the coming 2024 U.S. presidential election. The price of this PreToken will fluctuate based on market sentiment and expectations of the candidate's winning probability. In the 2024 U.S. presidential election, cryptocurrency is gradually becoming an important factor. Trump's initial mistrust of cryptocurrency has evolved into active support for the industry, attracting substantial donations and demonstrating his influence among voters. Meanwhile, Harris and the Democratic Party have also tightened their focus and research on cryptocurrency.

As the U.S. elections in November approach, this hot election has attracted significant attention from many cryptocurrency users, leading to the emergence of CoinEx's Pre-Token Trading for “PRE_TRUMP,” where users can participate in predicting the U.S. election results in advance. 

Access

  • Web: Navigation Bar - Exchange - Pre-Token Trading
  • App: CoinEx App Homepage - More - Pre-Token Trading

1. Log in to the CoinEx official website and navigate to the CoinEx Pre-Token Trading page.

Log in to the CoinEx official website and navigate to the CoinEx Pre-Token Trading page

2. On the “Pre-Token Trading” page, choose between [Pre-mint] or [Trade] as needed. 

For the PRE_TRUMP project, If you believe Donald Trump might win, you can choose [Spot Trading] to buy PRE_TRUMP in the spot market and hold until delivery after the election results are revealed. If you believe Donald Trump might lose, you can pre-mint PRE_TRUMP by staking USDT, sell the PreTokens in the spot market, and wait for the delivery after the election results are revealed. Meanwhile, you can also redeem your pre-minted PRE_TRUMP at any time.

Pre-minted PRE_TRUMP

3. Users can view the PreToken and operation details on the "Project Details" page. You can also redeem and trade in the Spot Market at any time.

"Project Details" page

4. Pre-token Trading only charges fees in USDT. The fees for each stage are as follows:

  • Pre-minting: Free
  • Trading: Charged according to spot market rates, VIP discounts applicable
  • Redeeming: 2%, calculated as the latest futures market price * redeeming amount * 2%
  • Delivery: 
  • For pre-minters: Delivery Price * Pre-minted Amount * 1%
  • For holders: Delivery Price * Held Amount * 1%

By participating in CoinEx's Pre-Token Trading, users can not only engage in flexible speculation before significant events occur but also potentially earn profits. Taking the PRE_TRUMP project as an example, users can make trading or issuance choices based on their predictions of the election outcome, facilitating flexible asset management and profit generation.

Whether you are new to Pre-Token Trading or an experienced investor, CoinEx provides you with a user-friendly platform to seize market opportunities.

*Risk Warning

Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.

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