Binance is Using a New Rule For Launchpad Tomorrow
Here is all you need to know, it might be a great opportunity for all of us 🤩🥳😍
To protect users from high volatility when trading commences under Launchpad, Binance will be trialing an initial price limit mechanism where for the first five minutes of trading the maximum transaction price is set at ten times the public sale token price (i.e., in the case of ARKM, $0.50, ten times of public sale token price).
After the initial five minutes, there will be no restrictions and trading continues as normal.
#Binance is trying this with ARKM and it’s not certain if this will be an ongoing feature of all future Launchpads.
I will be looking to getting into ARKM immediately it launches, this is a risk I’m willing to take.
This is NOT FINANCIAL ADVICE, DYOR
