On October 11, COINOTAG reported the **official** launch of Binance’s pre-market trading feature, allowing users to buy and sell tokens before their official listing on the **Launchpool**. This **innovative** service, a collaboration between Binance Spot and Binance Launchpool, enables participants to secure tokens or liquidate their Launchpool rewards ahead of the project’s market debut.
Binance has established specific rules for pre-market trading. Notably, **purchase restrictions** apply: users must comply with a token holding limit, meaning those with spot account holdings exceeding this threshold will be ineligible to acquire additional tokens during the pre-market phase. Conversely, there are no restrictions on selling tokens.
Eligibility for Binance’s pre-market trading is confined to **parent accounts** and standard account users, excluding sub-accounts. Additionally, it’s important to note that the availability of pre-market trading might be limited or regulated depending on certain **jurisdictions**. This strategic innovation underscores Binance’s commitment to enhancing market efficiency and trader flexibility.
Source: https://en.coinotag.com/breakingnews/binance-launches-innovative-pre-market-trading-for-launchpool-tokens-what-you-need-to-know/