Introduction to HTX Pre-Market Perpetual Futures

HTX's pre-market perpetual futures is USDT-margined derivatives that allow users to trade cryptocurrencies before their official listing on HTX Futures. Pre-market perpetual futures allows users to speculate on the price and liquidity of up-and-coming cryptos before they are open to the public on HTX. Once the cryptos are officially listed, the pre-market perpetual futures will automatically transition into the regular perpetual futures. 1. Key Benefits of Pre-Market Perpetual Futures Early Market Access: Trade new cryptos before they are officially listed and stay ahead of market movements. Profiting from Volatility: Capture potential profits from the typically higher volatility of cryptos before their launch. Seamless Transition to Regular Futures: Pre-market perpetual futures will automatically convert into regular perpetual futures once the cryptos are listed. Open positions and orders remain intact, with no manual action required. 2. How to Trade Pre-Market Perpetual Futures on HTX 1）On Web 2）On App 3. Risks of Pre-Market Perpetual Futures 1）Lower Liquidity 2）Higher Volatility *Important Reminder: Pre-market perpetual futures comes with higher volatility, lower liquidity, and a greater risk of forced liquidation. Prices are highly sensitive to market sentiment and information, making this a speculative product. Please evaluate your risk tolerance carefully before trading, even as we continue to improve the trading experience. 4. Pre-Market Perpetual Futures FAQs 1）How does the pre-market perpetual futures work for a spot crypto listing? Before spot crypto listing, the pre-market perpetual futures trading runs normally. After spot crypto listing, the pre-market perpetual futures will gradually transition into regular perpetuals without further notice. [During the transition period] If spot listing is cancelled or risk issues arise, the pre-market perpetual futures may be removed. Specific arrangements will be announced. [Removal & Settlement Guidelines] 2）Pre-Market Perpetual Futures Trading Metrics 3）What's the difference between pre-market spot and perpetual futures trading? 4）Will pre-market perpetual futures affect the crypto's spot price for listing? 5）Will the conversion to regular perpetuals cause losses? 5. Risk Reminder Trading pre-market perpetual futures contracts carries significant forced liquidation risks, due to the insufficient liquidity and extreme price volatility. Prices are sensitive to market sentiment and news, and the product is inherently speculative. Users bear full responsibility for their own risks. HTX assumes no liability for any losses you may incur and does not provide any advice. Please note that not all cryptos listed on the pre-market perpetual futures will necessarily be listed on HTX's spot markets. The pre-market perpetual futures price may differ from a crypto's official listing price. We recommend that users closely monitor the last prices of the underlying crypto, keep track of their orders and positions, and manage their risk to avoid forced liquidation caused by market volatility. HTX reserves the right to suspend pre-market perpetual futures trading at any time at its sole discretion. For more details, please refer to the User Agreement and Risk Reminder.(HTX)