What is Binance Pre-Market Trading? How Does Crypto Pre-Market Trading Work?

Main Takeaways

  • Binance Pre-Market offers early access to Launchpool tokens, enabling users to trade them before an official Spot listing, and get ahead of the broader market.

  • With rigorous token vetting, exceptional liquidity, and no additional fees, Binance Pre-Market provides a secure and efficient trading experience.

  • Pre-Market trading offers strategic positioning and early profit opportunities, but it's essential to understand the eligibility requirements and potential risks.

  • Pre-Market projects will be announced separately in conjunction with selected upcoming Launchpool projects. Early trading remains subject to Pre-Market terms and conditions. Users should also refer to our Pre-Market FAQs.

Binance Pre-Market, facilitated by Binance Spot and Binance Launchpool, offers you the unique opportunity to trade selected Launchpool tokens before their public debut. 

Launchpool is our platform that allows users to earn new tokens in exchange for staking different cryptocurrencies. By participating in pre-market trading, you get to trade these tokens — usually earned through staking — before they’re officially listed. 

This early access allows you to act on insights quickly and establish positions at the onset of market availability. Ideal for both seasoned traders and newcomers, Binance Pre-Market equips you to proactively navigate the market. 


How Does Binance Pre-Market Trading Work? 

Binance Pre-Market offers a simplified approach to early token trading. Here’s a brief breakdown of the process:

  • Step 1: Accessing Pre-Market Trading. Log in to your Binance account, go to the ‘Trade’ section, select ‘Spot’, and then click on the ‘Pre-Market’ tab to view available trading pairs.

  • Step 2: Buying Tokens. You can buy tokens during the Pre-Market phase, but there are limits. Each token has a maximum holding limit. For instance, if the limit is 5 BNB and you already hold 10 BNB from Launchpool rewards, you cannot buy more tokens until your holdings drop below 5 BNB. 

  • Step 3: Selling Tokens. There are no restrictions on how many tokens you can sell during Pre-Market trading, allowing for flexibility in managing your assets and potentially locking in profits before the token is officially listed.

  • Step 4: Strategic Trading. Use early market data and sentiment analysis during the Pre-Market phase to adjust your positions and optimize your portfolio based on token performance and expected market movements.

  • Step 5: Transition to Official Listing. After the Pre-Market phase ends, the token transitions to official spot trading on Binance and is then capable of being withdrawn, transferred or deposited.

This process empowers traders to make informed decisions early and adjust strategies before the wider market begins trading. With early access, unrestricted selling, and controlled buying, Pre-Market provides a valuable tool for proactive crypto traders.


Introducing Scroll (SCR) on Binance Launchpool and Pre-Market!

Binance is excited to announce the 60th project on Binance Launchpool - Scroll (SCR), a Bytecode-level compatible zkEVM Rollup. The webpage is estimated to be available in 24 hours, before the Launchpool starts. 

Users will be able to lock their BNB and FDUSD to receive SCR Airdrops over two days, with farming starting from 2024-10-09 00:00 (UTC).

Pre-Market

Binance Pre-Market will then list SCR at 2024-10-11 10:00 (UTC) and open pre-market trading for the SCR/USDT trading pair. Pre-Market end time and spot listing time will be announced at a later date. Please stay tuned for our upcoming announcement. Participation in Binance Pre-Market is subject to eligibility based on the user's country or region of residence.

  • Maximum holding limit per user: 2500 SCR

SCR Launchpool Details:

  • Token Name: Scroll (SCR)

  • Total and Max Token Supply: 1,000,000,000 SCR 

  • Launchpool Token Rewards: 55,000,000 SCR (5.5% of total token supply)

  • Initial Circulating Supply When Listed on Binance: 190,000,000 SCR (19%  of total token supply)

  • Smart Contract/ Network Details: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)

  • Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required

  • Hourly Hard Cap per User: 

    • 97,395 SCR in BNB pool

    • 17,187 SCR in FDUSD pool

Supported Pools: 

  • Lock BNB (webpage will be available in around 24 hours): 46,750,000 SCR in rewards (85%) 

  • Lock FDUSD (webpage will be available in around 24 hours): 8,250,000 SCR in rewards (15%)

  • Farming Period: 2024-10-09 00:00 (UTC) to 2024-10-10 23:59 (UTC).