💲Pre Market Bidding

What is Pre-Market Bidding?

Galaxy introduces a unique feature known as Pre Market Bidding, offering users the opportunity to bid on an available offer if the seller has opted in for it. This innovative feature allows buyers to potentially secure tokens at a discount compared to other pre-market over-the-counter (OTC) transactions.

How to participate?

To participate in Pre Market Bidding, Sellers need to provide the minimum bid amount. This ensures transparency and fairness in the bidding process, providing both buyers and sellers with clear guidelines for engagement.

The bidding period window only occurs 48 hrs before the settlement period starts. In the event that in the last 10 seconds another person out-bids you, the timer will reset to 60 seconds until a winner is chosen.

How to find Pre-Market Auctions

Step 1: Filter by auctions on the Token offer search

Step 2: Place your Bid

How to make a Pre-Market Auction