Regarding the cryptocurrency trading
$RED #أسباب #Binance #Square #
Many have noticed that the coins listed on Binance tend to rise significantly at first and then drop sharply, sometimes collapsing. The reason is a lot of buying at the beginning, most of them being FOMO purchases.
🟢 Currently, Binance with the listing of #RED wanted to try another method for listing to overcome this issue, and for the second day it seems to be successful; here are the details:
🔒 960 million
$RED locked
🔓 Only 40 million RED unlocked
📌 The limits are gradually increasing:
🕘 Until March 1, 09:59 AM UTC → Maximum 0.40 USDT for buying or selling. Now we have moved to 0.60 from March 1 to March 2.
🕙 From March 2 to March 3 → Maximum 0.80 USDT
💡 Currently, there are no sellers at the specified price, so you cannot buy!
💰 Once more tokens are unlocked, you will be able to trade freely!
👉 This system is exclusive to Binance. The rules may be different.
The RED coin is a cryptocurrency that operates on the blockchain network. Here is some information about the RED coin:
Features of RED Coin
1. *Discount on fees*: The RED coin can be used to get a discount on fees when trading on some platforms.
2. *Usage in decentralized applications*: The RED coin can be used in decentralized applications (DApps) that operate on the blockchain network.
3. *Usage in trading*: The RED coin can be used for trading on some platforms.