$RED : A Modular Oracle Across EVM and Non-EVM Chains. Premarket price limit 0.4

DYOR

Price limit mechanism in Binance premarket

To continue innovating and improving the trading experience for our users, Binance presents enhancements to the Binance premarket — the price limit mechanism.

The price limit mechanism restricts the maximum trading price to a certain percentage of the initial opening price of trading during the first 72 hours of premarket trading. After the first 72 hours, price limits will be lifted, and trading will resume normally.

Please note that this price limit mechanism is being tested during the launch of the RED token, and it is not yet determined whether it will be a permanent feature of future listings in the premarket.

Details of premarket trading:

  • Maximum hold limit per user: 5000 RED

  • Price limit mechanism rules:

    • 28.02.2025 12:00 (Kyiv time) – 01.03.2025 11:59 (Kyiv time): the maximum allowed price limit is 200% of the initial opening price of trading

    • 01.03.2025 12:00 (Kyiv time) - 02.03.2025 11:59 (Kyiv time): the maximum allowed price limit is 300% of the initial opening price of trading

    • 02.03.2025 12:00 (Kyiv time) - 03.03.2025 11:59 (Kyiv time): the maximum allowed price limit is 400% of the initial opening price of trading

  • After 03.03.2025 12:00 (Kyiv time): No price limits for premarket trading

  • DYOR

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