To participate in pre-market trading on Binance:
Account Setup: Ensure you have an active Binance account with completed verification.
Trading Hours: Familiarize yourself with the specific hours for pre-market trading, which may vary based on the cryptocurrency being traded.
Order Types: Use limit orders to specify the price at which you want to buy or sell, as this can help manage risks during volatile periods.
Risks Involved
While pre-market trading can offer advantages, it also comes with risks:
Lower Liquidity: There may be fewer traders in the pre-market session, leading to lower liquidity and wider spreads between buy and sell prices.
Increased Volatility: Prices can be more volatile in the pre-market due to limited trading volume, which may lead to rapid price swings.
