đđ„ $RED /USDT: Pre-Market Trading on Binance â Key Details! đ„đ
RedStone ($RED ) is set to begin pre-market trading on Binance, offering early access to traders before its full listing. Hereâs what you need to know:
đ Pre-Market Trading Schedule
Start Time: February 28, 2025, at 10:00 UTC
Trading Pair: RED/USDT
đ Price Cap Mechanism
To ensure a stable trading environment, Binance has implemented a Price Cap Mechanism during the initial pre-market phase:
First 24 Hours: Price capped at 200% of the opening price
Second 24 Hours: Price cap increases to 300%
Third 24 Hours: Price cap set at 400%
Post 72 Hours: No price cap; trading resumes normally
This mechanism aims to mitigate extreme volatility and provide a fair trading experience for all participants.
đĄ Final Thought
Participating in pre-market trading offers a unique opportunity to engage with $RED ahead of its full market debut. Ensure youâre prepared and stay informed about the trading schedule and price cap details.
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