$WLFI Pre-Market (IOU) Trading FAQs – Coincall

$WLFI Pre-Market (IOU) Trading FAQ

To help users better understand the mechanics and process of WLFI Pre-Market (IOU) Trading, Coincall has compiled this FAQ. Through the IOU model, users may participate in trading and early price discovery prior to the official launch of WLFI. This document outlines key definitions, trading rules, conversion procedures, and important considerations to ensure a smooth participation experience.

1. What is WLFI?

WLFI is the native token of World Liberty Financial, a blockchain-based ecosystem focused on global financial freedom and innovation. Learn more here: worldlibertyfinancial.com

2. What does “Pre-Market (IOU) Trading” mean?

Pre-market (IOU) trading allows users to buy and sell a placeholder version of WLFI before the actual tokens are officially launched and distributed. The IOU token represents a future claim to real WLFI tokens on a 1:1 basis. The IOU token represents a 1:1 future entitlement to real WLFI tokens once they are officially issued.

3. What is the WLFI (IOU) token?

It’s a placeholder or temporary version of the WLFI token that enables early price discovery and trading. Once the real tokens are distributed by the project team, Coincall will automatically convert IOUs to real WLFI tokens at a 1:1 ratio.

4. Can I deposit or withdraw WLFI (IOU)? No. During the pre-market phase:

Deposits and withdrawals are disabled
You can only trade WLFI/USDT (IOU) on Coincall

Withdrawals will be available once WLFI is officially issued and the token distribution begins. Note: As this is a placeholder token, you will not be able to transfer WLFI (IOU) to or from any external wallet until the actual token is launched.

5. How will the IOU-to-real WLFI conversion work?

Once the WLFI token is officially launched, Coincall will:

Stop WLFI (IOU) trading, and will initiate WlFI spot trading
Automatically convert your IOU holdings to the real WLFI token 1:1
Enable deposits and withdrawals for real WLFI

You don’t need to take any action, it’s seamless.

6. Is there a fee for converting WLFI (IOU) to real WLFI?

No, Coincall will not charge any fees for the IOU conversion process. Your IOU balance will become your WLFI token balance automatically.

Coincall will:

Disable WLFI (IOU) trading and launch real WLFI spot trading
Automatically convert all WLFI (IOU) balances to real WLFI tokens at 1:1
Enable deposits and withdrawals for real WLFI
You don’t need to take any action — the process is automatic.

7. Why should I trade WLFI on Coincall before it lists elsewhere?

Early Access: Trade before the public listing
Dynamic Price Discovery: Capture potential price movements before listing
Seamless Transition: IOUs convert 1:1 to real WLFI tokens
Zero Fees: No additional costs for conversion

8. What are the trading pairs available for WLFI? Currently, Coincall supports:

WLFI/USDT (IOU)

9. Where can I learn more about WLFI as a project?

Visit the official website: https://worldlibertyfinancial.com

10. How do I start trading WLFI on Coincall?

Log in to your Coincall account (or sign up)
Go to Spot Trading
Search for WLFI/USDT
Start trading instantly

11. How long will the IOU phase last?

The IOU trading phase will continue until WLFI is officially launched by the World Liberty Financial team. Coincall will notify all users ahead of the swap and listing updates.

12. Will my open orders be affected during the IOU to real token swap?

Yes. During the IOU-to-real WLFI conversion:

All WLFI (IOU) open orders will be automatically canceled
Converted WLFI tokens will appear in your spot wallet

13. Can I only buy WLFI (IOU) in the pre-market, or can I sell it too?

Yes, you can freely buy and sell WLFI (IOU) during the pre-market.

The trading experience is the same as any regular spot market. As long as there is a matching counterparty, your order will be executed automatically.

14. Why did the price start at $0.10 on Coincall? Do I need to add collateral or freeze USDT when selling WLFI?

Coincall’s pre-market price is fully user-driven, there’s no preset value. Like P2P trading, users set their own buy and sell quotes, and the price is organically formed based on actual market demand. The $0.10 starting price simply reflected the first user-submitted sell quotes at that level.

If you want to sell WLFI, no collateral is required. Only your WLFI (IOU) tokens will be temporarily locked when placing a quote, your USDT remains unaffected. Once a buyer accepts your ask, the trade is executed.

15. Where can I get support if I have issues or questions?

Please reach out via:

Telegram: coincall_cs

Need help?

Still have questions? Contact our support team via the chat icon or email us at support@coincall.com