• 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

Microsoft Stands Firm on Majorana 2 Quantum Chip Claims

chest

Microsoft defends its Majorana 2 quantum chip claims against criticism from physicist Henry Legg, asserting the stability of signals observed in experiments.

user avatarRajesh Kumar

Researcher Disputes Microsoft's Majorana 2 Quantum Chip Claims

chest

Researcher Henry Legg disputes Microsoft's claims about the Majorana 2 quantum chip, arguing insufficient evidence for a topological qubit.

user avatarMiguel Rodriguez

Synthetix Proposes Basis Vaults for sUSD Stability

chest

Synthetix is considering a shift towards a more structured approach to support sUSD stability through basis vaults.

user avatarLuis Flores

Synthetix Founder Addresses sUSD Management Issues

chest

Kain Warwick, the founder of Synthetix, takes responsibility for the mismanagement of sUSD, highlighting ongoing challenges in maintaining its peg.

user avatarArif Mukhtar

Crypto Markets Under Pressure as Macro Conditions Tighten

chest

The crypto markets are currently facing increased pressure as macroeconomic conditions shift towards a more hawkish stance.

user avatarMaria Gutierrez

SEC Engages with South Korean Officials on Crypto Regulation

chest

The SEC met with South Korean officials and digital asset stakeholders to address regulatory gaps in the crypto market.

user avatarDavid Robinson

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.