• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Analyst Predicts Potential XRP Rally Amid Market Trends

chest

Crypto analyst Egrag Crypto predicts that XRP could rally to between $9 and $13, indicating a macro uptrend despite recent market fluctuations.

user avatarMaya Lundqvist

XRP Adoption Grows with New Partnerships in Japan

chest

XRP adoption in Japan is enhanced through new partnerships between SBI and Tobu Top Tours, allowing users to buy and spend XRP with loyalty points at 5 million merchants.

user avatarKaterina Papadopoulou

Japan Classifies XRP as Financial Instrument, Boosting Adoption

chest

Japan has recently reclassified XRP, giving it the same legal status as stocks and bonds, which is expected to enhance its adoption.

user avatarLeo van der Veen

Potential for XRP to Reach $1,000

chest

Vandell discusses the possibility of XRP reaching $1,000 over time, contingent on market conditions.

user avatarLi Weicheng

Cloud Computing Growth Could Save Alphabet's Stock

chest

Google's cloud computing segment is expected to be a saving grace for the company, with projections indicating a 50% year-on-year growth.

user avatarBayarjavkhlan Ganbaatar

Alphabet's Earnings Call Scheduled for April 29

chest

Alphabet is preparing to publish its earnings call on April 29, which is expected to influence the direction of GOOG stocks.

user avatarTenzin Dorje

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.