Binance has announced the launch of its Pre-Market Spot Trading service, marking an industry first. This service allows users to trade actual tokens before they are officially listed on the spot market, unlike competitors like Bybit and Coinbase that primarily offer derivatives-based pre-market trading. Binanceâs new initiative aims to provide users with early access to token price discovery and expand trading opportunities within its ecosystem.
This feature is tied to Binance Launchpool, where users earn new project tokens through staking. Selected Launchpool tokens will be eligible for pre-market trading, giving participants an opportunity to trade them before they are officially listed on the spot market. This new option allows traders to gain early exposure to new tokens and refine their trading strategies