Dean_winchester
High-Frequency Trader
4.1 Years
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#nuls will be delisted from binance on 14 April 2025 ( Futures ) and 16 April 2025 ( Spot )
$NULS
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$NULS
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NULSUSDT
Short
Closed
PNL
+71.86
$RED **All About RedStone (RED) Pre-Market Trading on Binance**
Binance has introduced Pre-Market trading, allowing users to trade tokens before their official spot listing. The first token in this initiative is RedStone (RED).
**How It Works!!**
In Binance’s Pre-Market trading, the initial token price is determined by market participants through supply and demand. However, Binance uses an Upward Circuit Breaker Mechanism to control volatility, limiting price increases over specific periods.
**Pre-Market Price Caps for RED:**
🔹 Max 5K $RED per user in Pre-Market (Only limit orders accepted).
🔹 $0.40 (Feb 28, 10:00 UTC – Mar 1, 09:59 UTC) → Max price: 200% of the opening price
🔹 $0.60 (Mar 1, 10:00 UTC – Mar 2, 09:59 UTC) → Max price: 300% of the opening price
🔹 $0.80 (Mar 2, 10:00 UTC – Mar 3, 09:59 UTC) → Max price: 400% of the opening price
After Mar 3, 10:00 UTC → No price limits, open market trading begins.
**Worried About Your Order Not Being Executed?**
"No one would want to sell at a low price when they believe in something big"
Honestly, there are only two things you can do:
1️⃣ Place a limit order (max 5K) ASAP at 10:00 UTC tomorrow.
2️⃣ Hope it gets executed.
That’s it.
🚀 All the best, #BINANCIANS!
Hope you make solid profits—Trade safe!
Binance has introduced Pre-Market trading, allowing users to trade tokens before their official spot listing. The first token in this initiative is RedStone (RED).
**How It Works!!**
In Binance’s Pre-Market trading, the initial token price is determined by market participants through supply and demand. However, Binance uses an Upward Circuit Breaker Mechanism to control volatility, limiting price increases over specific periods.
**Pre-Market Price Caps for RED:**
🔹 Max 5K $RED per user in Pre-Market (Only limit orders accepted).
🔹 $0.40 (Feb 28, 10:00 UTC – Mar 1, 09:59 UTC) → Max price: 200% of the opening price
🔹 $0.60 (Mar 1, 10:00 UTC – Mar 2, 09:59 UTC) → Max price: 300% of the opening price
🔹 $0.80 (Mar 2, 10:00 UTC – Mar 3, 09:59 UTC) → Max price: 400% of the opening price
After Mar 3, 10:00 UTC → No price limits, open market trading begins.
**Worried About Your Order Not Being Executed?**
"No one would want to sell at a low price when they believe in something big"
Honestly, there are only two things you can do:
1️⃣ Place a limit order (max 5K) ASAP at 10:00 UTC tomorrow.
2️⃣ Hope it gets executed.
That’s it.
🚀 All the best, #BINANCIANS!
Hope you make solid profits—Trade safe!
$RED Pre-market cap price set at 0.80 from 10 AM UTC tomorrow—up from 0.60!
First come, first served. Be ready to move fast! 🚀
#cypto #CryptoNews #premarket #FirstComeFirstServe
First come, first served. Be ready to move fast! 🚀
#cypto #CryptoNews #premarket #FirstComeFirstServe
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