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Binance Pre Market launches price limit mechanism test, currently only applicable to RED tokens
2025-02-25 09:23

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.