Can I re-place my order at 0.1 instead of 0.4. When it will be launched, it goes from 0.1 or from the maximum like 0.4, 0.6, 0.8 or more??
Bisheshxd
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Bullish
Why You Can’t Buy $RED
– The Real Reason
$RED’s pre-market listing has left many traders puzzled—why aren't limit orders being filled? Let’s break it down.
What’s Happening?
$RED was distributed via a Launchpool Airdrop, where users locked BNB, FDUSD, and USDC to receive tokens (max 5,000 $RED per user).
After farming ended, pre-market listing began on Feb 28, 10:00 (UTC), allowing traders to place limit orders—but no immediate buys.
Why Can’t You Buy?
Binance caps price movement to 200% of the opening price ($0.2) on Day 1, increasing to 300% on Day 2 and 400% on Day 3 to control volatility.
No instant buys—only limit orders that act as a "price vote" for the market.
No money flow yet—actual trading starts after this 3-day period ends when 280M RED enters circulation.
What’s Next?
Your limit order will only be filled if the price reaches your set amount when normal trading begins.
Essentially, traders are setting the price without risking capital before full market entry.
Final Thoughts
If you're waiting for a buy, you’re not alone—this system is designed to stabilize price discovery. Hang tight, and once restrictions lift, real trading begins.
Thoughts? Drop your insights below! #Write2Earn #Launchpool #RED
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.