Binance Pre Market Trading

Binance launches pre-market trading

By Yugocean | Crypto Champion | 12 Oct 2024


Pre-Market

     Binance has become the first CEX to establish a pre-market spot trading platform. Scroll is the first token on this list.

Source: Binance

 

 

Trade before launch

     Binance's pre-market spot trading allows users to trade tokens before their official listing. Launchpool users will continue to get airdrops; they are eligible to sell in pre-market trades. Whatever happens, whales like Justin Sun will gain from it.

 

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Will this counter whale?

     To stop Whale, persons with more than a certain number of spot accounts are prohibited from buying but not from selling. But that is not foolproof. Whales are known to buy from somewhere else and dump on elsewhere.

 

 



Originally published at Grill, and on Wubits as thread

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