Binance Pre Market launches price limit mechanism test, currently only applicable to RED tokens
Odaily News According to official news, in order to continuously drive innovation and improve the user's trading experience, Binance launched a new feature of the Binance pre-market trading market - the daily limit mechanism. The daily limit mechanism will limit the highest trading price in the first 72 hours of the pre-market market, and the token price increase must not exceed a certain percentage of the initial opening price. After 72 hours of the pre-market opening, there will be no price limit and trading will resume normal. Daily limit rules:
2025-02-28 18:00 - 2025-03-01 17:59 (GMT+8): The maximum purchase price is 200% of the opening price
18:00, March 1, 2025 - 17:59, March 2, 2025 (GMT+8): The maximum purchase price is 300% of the opening price
2025-03-02 18:00 - 2025-03-03 17:59 (GMT+8): The maximum purchase price is 400% of the opening price
After 18:00 (ET) on March 3, 2025: No price limit. Please note: This price limit mechanism is only tested when RED tokens are issued. It is not yet certain whether this function will become a long-term function of the pre-market market in the future.
