“On September 25, the world’s largest crypto exchange Binance announced the launch of a premarket where real tokens will be traded, not derivatives. Introducing #Binance Pre-Market! Get early access to token price discovery. The first project announcement is coming soon! Learn more 👉 https://t.co/JiYKNSjPwX pic.twitter.com/uknjLlZMwy — Binance (@binance) September 25, 2024 Many other exchanges already have the ability to trade cryptoassets before their official listing. However, there […]”, — write: businessua.com.ua
On September 25, the world’s largest crypto exchange Binance announced the launch of a premarket where real tokens will be traded, not derivatives.
Introducing #Binance Pre-Market!
Get early access to token price discovery. The first project announcement is coming soon!
Learn more 👉 https://t.co/JiYKNSjPwX pic.twitter.com/uknjLlZMwy
— Binance (@binance) September 25, 2024
Many other exchanges already have the possibility of trading cryptoassets before their official listing. However, they usually offer financial derivatives. For example, Coinbase allows you to trade perpetual futures for tokens that have not yet been added to the spot platform.
On Bybit, users make transactions to buy or sell an asset using collateral in USDT, which acts as a settlement guarantee.
Description of the premarket trading system on Bybit. Source: Bybit.
Binance has combined Binance Spot and Binance Launchpool to implement a premarket with real tokens.
Coins are added to the Binance Launchpool farming platform before listing on the spot market. The new Binance Pre-Market tool allows you to sell your earnings from the platform or vice versa to buy tokens before their official appearance on the spot.
At the time of publication of the announcement, there are no available assets on the premarket. They will appear later along with new projects on Launchpool.
Binance Pre-Market is not available in all countries and regions. Tokens purchased on the premarket cannot be withdrawn or transferred to another account before the listing.
We will remind you that in September, Binance released the Telegram game Moonbix.
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