2024-09-26
On September 25, 2024, Binance launched
a new pre-market spot trading service. This innovative feature allows users to
trade actual tokens before they are officially listed on the spot market.
The service is a collaboration between
Binance Spot and Binance Launchpool, enabling users to either sell their
Launchpool rewards or acquire tokens in advance of their official listing.
Binance’s new pre-market spot trading
service focuses on trading actual tokens rather than derivatives. This service
allows users to buy or sell tokens at their current market rate before they are
officially listed on the spot market. Unlike some competitors, Binance’s
approach does not involve derivatives, ensuring that users are trading real
tokens.
This pre-market trading offers a unique advantage by allowing users to engage in trades ahead of the official spot listing, potentially locking in profits or gaining early access to new tokens.
However, it’s important to note that
this service is not available to users in certain jurisdictions, including the
U.S. and Canada.
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