💡 Binance, the largest cryptocurrency exchange, has announced the launch of a new pre-market platform that will allow users to trade real tokens before their official listing. Unlike other crypto exchanges that offer pre-market trading of derivative assets, Binance provides the opportunity to work directly with real tokens. This step makes Binance the first platform offering such a level of access to tokens before they are available on the spot market.
🔹 Token Trading via Launchpool: The pre-market platform is available for selected tokens from Binance Launchpool — a program that allows users to earn new tokens by staking assets. Previously, these tokens became available for trading only after their listing, but now traders have the opportunity to take positions before the official start of trading.
💶 Key Features of Pre-Market Trading on Binance:
🔵 Early Access: Pre-market trading allows users to buy tokens based on their expectations of price growth before they hit the market, potentially giving them an advantage at the start of trading.
🔵 Only for Selected Tokens: At the moment, trading will only be available for selected tokens from Launchpool, and they cannot be withdrawn until the full launch of trading.
🔵 Limited Availability: This platform is currently unavailable for users from Russia, the USA, Canada, Dubai, Japan, the Netherlands, and Spain due to regulatory restrictions.
💬 Binance emphasizes that trading during the pre-market period may be subject to high volatility, sharp price changes, and limited ability to buy or sell tokens at the desired price. Pre-market trading will close at least four hours before the official start of trading on the spot market.
💬 According to Vishal Sachindran, Head of Regional Markets at Binance, the new platform is designed to expand opportunities for users and provide more value to projects, extending the lifecycle of tokens on the platform. Binance plans to continue investing in improving user experience and providing new tools for traders.
🔗 Learn more about the new service here: Binance News
