XT Pre-Market Trading: LINEA (LINEA) Launching Soon – Help Center

Dear XTers,

XT will launch pre-market trading for LINEA (LINEA). Users can trade LINEA before spot trading officially opens. Details are as follows:

Trading Start Time: July 30, 2025, 09:00 (UTC)
Delivery Start Time: Refer to the trading details page for specific delivery times.

【About LINEA】

On Linea, ETH is used to pay for gas fees. Both ETH and LINEA from L2 fees are burned.
Definition and non-definition of the LINEA token:
LINEA is not a gas token (gas is paid in ETH). Currently, it carries no on-chain governance rights and is not governed by a DAO. There has been no token allocation or sale to employees or investors. Consensys Software retains 15% of the tokens, subject to a 5-year vesting schedule.
A portion of net ETH revenue (L2 fees minus L1 costs) is used to buy back and burn LINEA.
LINEA is used to fund developers, users, liquidity providers, and Ethereum public goods. It is earned through network participation—not acquired through capital investment.

Blockchain Browser: https://linea.build

More About XT Pre-Market OTC Trading：

What Is Pre-Market OTC Trading?

XT Pre-Market OTC Trading is an innovative peer-to-peer trading platform that allows users to trade newly listed tokens before they become available on the XT spot market. Buyers and sellers can freely set prices and complete early-stage token deals, establishing a pricing base ahead of official market launch.

How Does Pre-Market OTC Trading Work?

P2P Order Matching

Users can list orders by setting custom prices and quantities.
Orders can be actively created or selected from existing order books.
Enables market-driven price discovery with high flexibility and user control.

Token Delivery Mode

Sellers must ensure sufficient token balance in their spot account before the settlement time.
Upon successful match, the system performs automatic "token-for-cash" settlements.
In case of default, the system uses a collateralized compensation mechanism to protect buyers.

Trade Guarantee Mechanism

To enhance security and execution reliability, the platform freezes required funds from both buyers and sellers at the time of order placement. In case of default, frozen collateral is automatically used to compensate the affected party.

XT Pre-Market OTC Trading Advantages

Early Positioning: Enter projects before spot trading opens, potentially acquiring high-quality tokens at lower prices.
Market-Based Pricing: P2P trading allows users to discover prices organically, free from centralized controls.
Guaranteed Liquidity: Pre-frozen assets ensure smooth matching and secure transaction execution.
Capital Protection: Settlement backed by margin guarantees reduces counterparty risk.
Community Activation: Encourages community and agent participation, fueling momentum and traffic for future spot listings.

Risk Warning: Participating in Pre-Market OTC Trading does not guarantee that the token will be listed on the XT spot market. In case of default or high-risk behavior by the project team, XT reserves the right to terminate the trading pair and cancel all open and completed orders. All locked funds will be refunded to users' spot accounts, with zero transaction fees incurred.

Thank you for your support!
XT Team
July 30, 2025

【APP Download】 https://www.xt.com/en/app
【Spot Trading】 https://www.xt.com/en/trade/btc_usdt
【Margin Trading】 https://www.xt.com/en/trade/btc_usdt?type=margin
【Futures Trading】 https://www.xt.com/en/futures/trade/btc_usdt
【Copy Trading】 https://www.xt.com/en/futures/copy-trading
【XT Earn】 https://www.xt.com/en/finance/simple-earn
【Derivatives Telegram Group】 https://t.me/XTCNFutures
【Telegram】 https://t.me/XTsupport_EN
【Twitter】 https://x.com/XTexchange
【Facebook】 https://www.facebook.com/XT.comexchange

XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.

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