Dear XTers,
The pre-market trading for LINEA (LINEA) is about to commence delivery. Please ensure your spot account holds sufficient LINEA tokens to allow the system to automatically complete the delivery of pending orders. Failure to deliver on time will result in the loss of all collateral!
Details are as follows:
- Pre-Market Trading End Time: September 10, 2025, 13:00 (UTC)
- Spot Deposit Start Time: Opened
- Spot Trading Start Time: September 10, 2025, 15:00 (UTC)
- Spot Withdrawal Start Time: September 11, 2025, 15:00 (UTC)
- Pre-Market Trading Delivery Start Time: September 10, 2025, 15:00 (UTC)
- Pre-Market Trading Delivery End Time: September 10, 2025, 21:00 (UTC)
【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?
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
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
September 09, 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.