Magic Launchpad Opens Premarket OTC Trading for Fanton Fantasy Football

Bittime – Magic Launchpad has launched pre-market OTC trading for their newest project, Fanton Fantasy Football. This initiative provides an opportunity for investors to get involved early in the Fanton ecosystem before the official launch on the exchange. 

Here is important information about these pre-market OTC trades and what participants can expect.

Fanton Pre-Market OTC Trading on Magic Square: How to Access and Manage

Pre-market OTC trading for Fanton is now live and accessible via the platform [Magic Square], supported by @springdotnet. Investors can check and manage their token allocation through this platform. 

With this feature, participants can conduct peer-to-peer transactions, providing additional flexibility in buying and selling Fanton tokens before the Token Generation Event (TGE) and exchange listing.

Fanton Pre-Market OTC Trading Schedule and Strategy

These OTC trades will remain open until a few days before the Token Generation Event (TGE) and launch on the exchange. To maximize returns from this trade, it is recommended that large allocations be split into several smaller sell orders. This strategy helps manage risk and allows adaptation to market fluctuations ahead of the official launch.

Updated Token Allocation and Distribution Process in Magic Launchpad

Once the OTC trading period ends, the Magic Launchpad dashboard will update information regarding your token allocation. If you have sold some of your allocation, this data will be updated and the sold allocation will be removed from the dashboard.

 Fanton will complete the allocation process and distribute tokens according to the established vesting schedule, ensuring fair distribution and according to plan.

Also read: Fuse Wallet Launches Gas Abstraction Feature, Pay for Gas with fuseSOL!

Peer-to-Peer Transactions in OTC Trading: What You Need to Know

All transactions in OTC trading are peer-to-peer. This means that Fanton and Magic Square are not directly involved in the transaction process, and there is no market or liquidity provision by either party. 

Participants are expected to carry out transactions directly with other parties, without any official intermediaries involved.

With the launch of pre-market OTC trading for Fanton, Magic Launchpad provides a golden opportunity for investors to participate early. Make sure to utilize the Magic Square platform effectively and follow existing guidelines for the best results from your token allocation.

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