UNION Pre-Market Trading Details
XT is excited to announce the upcoming pre-market trading for UNION (Union Build), allowing users to trade this asset before its official spot market listing. Key details include:
- Trading Start Time: July 2, 2025, 17:00 (UTC+8)
- Settlement Timeline: Refer to the trading details page for specific settlement times
What Is UNION?
Union Build is a cutting-edge project leveraging Zero-Knowledge Proof (ZK) infrastructure to enable:
- Cross-chain messaging
- Secure asset transfers
- NFT bridging
- DeFi interoperability
The native token **$U** (an ERC-20 compatible token) rewards testnet participants through an XP-based system, convertible to $U upon mainnet launch.
👉 Explore UNION's official website
XT Pre-Market OTC Trading Explained
Key Features
- Early Access – Acquire tokens before spot market debut
- Peer-to-Peer Trading – Users set custom prices/quantities
- Guaranteed Liquidity – Funds frozen until settlement
- Risk Mitigation – Collateral-backed违约赔付机制
How It Works
- Order Matching: Buyers/sellers create or accept orders freely
Settlement Process:
- Sellers must hold sufficient tokens pre-settlement
- Automatic "delivery vs. payment" upon trade completion
- Collateral covers违约scenarios
Advantages of Pre-Market Trading
| Benefit | Description |
|---|---|
| Price Discovery | Market-driven pricing without centralized controls |
| Security | Frozen funds ensure trade integrity |
| Community Growth | Fosters project awareness pre-listing |
Risk Disclosure
Pre-market trading doesn’t guarantee eventual spot listing. XT reserves the right to delist tokens exhibiting:
- Project违约
- High-risk activities
- Regulatory non-compliance
Funds will be returned penalty-free if trades are voided.
FAQs
1. Can I withdraw UNION tokens immediately after pre-market trading?
No. Tokens are locked until spot trading begins. Check the settlement timeline for release dates.
2. How is pricing determined in pre-market trading?
Prices are set entirely by buyers/sellers via P2P orders, reflecting early market demand.
3. What happens if a seller fails to deliver tokens?
The system automatically deducts their collateral to compensate buyers.
4. Is pre-market trading available globally?
Yes, except in jurisdictions where XT restricts services due to local regulations.
XT retains full discretion to modify this program based on market conditions or regulatory requirements.
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