Bitget Introduces Pre-market Trading Platform

The cryptocurrency exchange Bitget has launched a Pre-market platform for purchasing tokens prior to their official listing. The first project on the platform is Merlin Chain (MERL), as announced in the exchange’s blog.

Users of the service can trade assets that have yet to be listed on the spot markets of centralized exchanges.

Merlin Chain is an L2 solution for Bitcoin, simplifying user interaction with the leading cryptocurrency by supporting BRC-20, BRC-420, Bitmap, Atomicals, and other protocols. The project employs ZK-Rollup and transmits data through decentralized oracles.

“Pre-market trading is another step in Bitget’s quest to provide users with innovative solutions. This feature underscores our desire to create a dynamic and inclusive environment in the rapidly evolving cryptocurrency market,” noted the exchange’s Managing Director, Gracy Chen.

Bitget is a cryptocurrency exchange operating since 2018. The platform’s ecosystem includes spot and futures markets, lending and copy trading services, a bot trading solution, a multi-currency Web3 wallet, and an NFT marketplace.

Earlier, Bitget launched USDT staking with an annual yield of 100%.