Binance has just launched an innovative service called “Spot Pre-Market,” opening the door for savvy investors to seize the opportunity to trade new digital assets before they officially list. This bold move combines the best of Binance Spot and Binance Launchpool, allowing users to earn tokens from promising projects simply by staking BNB and other selected tokens.
However, not everyone can join this game. Only carefully selected Launchpool tokens have the chance to participate in Pre-Market trading. Interestingly, in the past, investors had to patiently wait until the official token listing to trade. Now, with Binance Pre-Market, they can start trading immediately, though with some limitations, such as being unable to withdraw, transfer, or deposit until the token’s official release.
Binance will clearly announce the start time for Pre-Market trading for each Launchpool project. This service does not affect the usual Launchpool registration process. Once the Pre-Market phase begins, all Binance users can trade tokens labeled “pre-market.” This phase will end at least 4 hours before official spot trading starts, with a separate announcement for the listing.
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What sets Binance apart?
Binance Pre-Market
While other exchanges also offer Pre-Market services, they often do so in the form of derivative products. Binance takes pride in being the pioneer in offering Spot trading with real tokens right from the Pre-Market stage.
For example, Bybit and BingX also have similar services, but they operate on an OTC model, where buyers and sellers negotiate the price themselves. In contrast, Binance allows trading with the actual tokens. Bybit even requires both parties to collateralize assets to ensure payment, with all transactions settled in USDT.
With these innovations, Binance continues to assert its leadership in providing the most advanced trading experiences for the global crypto community.