On a day like today, #Binance has sent money to $BNB Holders
So warm! 🥰 Project #64 - RedStone (RED)
Let's discuss this unique point: key terms 'pre-market' and 'price limit'
We previously introduced pre-market in detail in our earlier articles, and this time we will specifically elaborate on the price limit, which is also the first time Binance has introduced a price limit mechanism in the trading market.
The price limit mechanism will restrict the highest trading price in the pre-market for 72 hours before trading begins, and the price increase of the token cannot exceed a certain percentage of the initial opening price. After the 72 hours of the pre-market opening, there will no longer be a price limit, and trading will resume normally.
Please note: This price limit mechanism is only being tested during the issuance of the RED token, and it is still uncertain whether this feature will become a long-term function of the future pre-market.
The individual maximum holding limit for RED in the pre-market: 5,000 RED
Specific rules for the price limit: February 28, 2025, 18:00 - March 1, 2025, 17:59 (UTC+8): The maximum order price is 200% of the opening price. March 1, 2025, 18:00 - March 2, 2025, 17:59 (UTC+8): The maximum order price is 300% of the opening price. March 2, 2025, 18:00 - March 3, 2025, 17:59 (UTC+8): The maximum order price is 400% of the opening price. After 18:00 on March 3, 2025 (UTC+8): No price limit #币安LaunchpoolRED
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