$RED Launch Date & Trading Restrictions Explained
The $RED token has been restricted from normal trading, causing confusion among traders. Here’s a clear breakdown of the reasons behind these restrictions and the official launch date.
Why Are There Trading Restrictions?
Binance has introduced a new feature that limits both the maximum price movement of a newly listed asset and the number of tokens an individual trader can buy.
Price & Purchase Limits
Day 1: Price can increase up to 200% from the listing price of $0.20
Day 2: Price can increase up to 300%
Day 3: Price can increase up to 400%
Purchase Cap: Each trader is limited to buying 5,000 $RED tokens
This is a new experimental feature on Binance, and $RED is the first token to be tested with these restrictions. The success of this launch pool will determine whether Binance continues using this method.
1. Price Discovery & Market Stability
Ensures an initial market price is set in a controlled environment before full trading begins.
Prevents extreme volatility and price manipulation, allowing for a smoother transition when unrestricted trading starts.
2. Liquidity Preparation
Users who farmed $RED through Launchpool staking (BNB, USDC, FDUSD) can start selling their tokens.
Market makers and liquidity providers get time to prepare for full-scale trading.
3. Controlled Demand & FOMO Prevention
The 5,000 $RED holding limit prevents early traders from driving prices up too quickly.
Helps avoid speculative pumps and crashes at launch.
4. Regulatory Compliance
Binance is using this pre-market phase to comply with regulations and monitor trading activity before full access is granted.
What Should Traders Do?
Full Launch Date & Unrestricted Trading
Binance has announced that all restrictions will be removed on March 3, 2025, at 10:00 UTC. This includes:
✅ Price limits removed
✅ Holding caps lifted
✅ Full spot trading enabled
So, in simple terms, March 3, 2025, at 10:00 UTC marks the official unrestricted launch of $RED.
