Binance Offers Early Token Access with Pre-Market Spot Trading

user avatar

by Giorgi Kostiuk

2 years ago

Binance introduces Pre-Market Spot Trading, enabling users to acquire tokens before their official spot market listing.

What is Binance Pre-Market?

Binance Pre-Market gives users early access to selected Binance Launchpool tokens, benefiting both users and projects by extending token lifecycles and allowing early market entry. When a Launchpool project is selected for pre-market trading, users can continue subscribing to Launchpool and receive allocated tokens. The pre-market period will close at least four hours before the official spot market listing.

We built Binance Pre-Market to meet user demand for pre-market spot trading, and enhance the Binance ecosystem so users can enjoy greater utility and token projects can extend their lifecycle on our platform.Vishal Sacheendran, Binance Head of Regional Markets

Features of Binance Pre-Market

Binance's pre-market trading service includes the following features: * Early Market Entry: Users can buy or sell tokens before official spot market listing. * Stringent Vetting: All tokens listed for pre-market trading undergo Binance’s vetting process. * No Extra Fees: Users only pay standard Binance spot trading fees. * Utility for Launchpool Users: Subscribers can take advantage of early market movements by trading allocated tokens before official spot launch.

Comparison With Other Exchanges

Binance is the first to offer pre-market spot trading with real tokens. Other exchanges, like Bybit and Coinbase, offer similar features with derivatives and contracts backed by USDT instead of actual tokens. However, Binance ensures direct interaction with the assets rather than relying on derivatives.

Binance continues to innovate by offering pre-market spot trading with real tokens, distinguishing itself from other exchange platforms.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Stellar's Bell Upgrade Introduces Key Infrastructure Enhancements

Stellar's Bell upgrade introduces significant infrastructure improvements, including muxed contract addresses and support for post-quantum signature verification.

user avatarMaya Lundqvist

US Imposes Ban on Imports of Foreign-Made Humanoid Robots

The US Federal Communications Commission has imposed a ban on the import of new foreign-made humanoid robots for national security reasons.

user avatarKaterina Papadopoulou

Shanghai's STAR 50 Index Plummets by 40% Amid Market Turmoil

The STAR 50 index in Shanghai has plummeted by 40% in under four months, losing about 480 billion in market value amid concerns over AI profitability.

user avatarEmily Carter

Chinese Stocks Plummet by 24 Trillion Amid AI Profitability Concerns

China's stock market has lost approximately 24 trillion in market value since May 2023 due to skepticism about AI companies' profitability.

user avatarTomas Novak

Stellar Development Foundation Sets Dates for Protocol 30 Upgrade Votes

The Stellar Development Foundation has announced the Bell upgrade, part of the Protocol 30 network upgrade, with testnet and mainnet votes scheduled for November 3 and 23, 2026, respectively.

user avatarLeo van der Veen

Ascend and M1X Global Complete Institutional Repurchase Transaction

Ascend and M1X Global announced the successful completion of an institutional repurchase transaction utilizing the Stellar blockchain and an onchain sovereign bond known as USDM1.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.