We're thrilled to announce that Impossible Cloud Network (ICNT) will soon be available for pre-market trading on MEXC. This exclusive feature allows users to trade the token before its official spot trading launch. Here are the key details:
Trading Schedule (UTC+8):
- ๐ Pre-Market Trading Starts: July 2, 2025, 19:00
- โณ Pre-Market Trading Ends: July 3, 2025, 17:00
- ๐น Spot Trading Begins: July 3, 2025, 18:00
- ๐ Settlement Starts: July 3, 2025, 20:00
๐ Secure your early access to ICNT trading
About Impossible Cloud Network (ICNT)
Impossible Cloud Network (ICN) is a decentralized infrastructure protocol offering permissionless access to distributed storage, computing, and network resources. Developed by a Swiss-based foundation, ICN leverages Ethereum and Base L2 with a modular smart contract architecture optimized for scalability and interoperability.
Key Token Metrics:
- Total Supply: 700,000,000 ICNT
- Official Channels: Website | X (Twitter)
Understanding MEXC Pre-Market Trading
What Is Pre-Market Trading?
Pre-market trading is an over-the-counter (OTC) service enabling users to buy/sell tokens before their official exchange listing. Traders set custom prices and match orders independently, gaining a competitive edge in early market access.
Key Benefits:
- ๐ฏ First-Mover Advantage: Access high-potential tokens before public trading
- ๐ Flexible Pricing: Negotiate rates directly with counterparties
- โก Efficient Settlement: Collateral-backed transactions ensure security
Trading Rules Overview
| Role | Requirements |
|---|---|
| Buyers | 1. Collateral + fees frozen upon order placement. 2. Successful settlement deducts collateral; failed settlements refund collateral (minus fees). |
| Sellers | 1. Must hold sufficient tokens in spot account. 2. Failed deliveries result in collateral forfeiture (compensates buyers). |
Glossary:
- Settlement Window: Fixed timeframe for token transfer (see token details)
- Collateral Rate: Percentage of order value locked as security (e.g., 100% = full order value)
- Fee Structure: Currently 0% fees on MEXC pre-market trades
Risk Disclaimer
โ ๏ธ Pre-market trading carries risks including limited liquidity, wide bid-ask spreads, and price volatility. Always review the mechanism and requirements before participating.
FAQ: MEXC Pre-Market Trading
Q1: How does pre-market trading differ from spot trading?
A: Pre-market trading occurs before official listing, allowing price discovery via OTC negotiations rather than order-book matching.
Q2: What happens if a seller fails to deliver tokens?
A: The sellerโs full collateral is transferred to the buyer as compensation (no platform fees currently apply).
Q3: Can I cancel a pre-market order?
A: Yes, unfilled orders may be canceled without fees.
Q4: Is pre-market trading available for all new tokens?
A: No, eligibility depends on MEXCโs project assessment and market demand.
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