Today, the Scroll coin was launched in pre-market trading on the #بينانس platform. SCR is the first coin to be launched on Binance. In this article, we will discuss the pre-market trading method on Binance. Follow us.
First, we point out that trading at this stage means that you can buy and sell the currency before it is officially listed in the market. With the start of SCR trading today, you can now enter and participate in trading this currency before it officially starts trading. How can you participate in trading? Follow the method with us.
First, log in to your account on the Binance platform. Search in the search box for the SCR coin.
You will find several options. Choose SCR/USDT as we see in the image below 👇
The trading panel will appear immediately and you will be able to see the currency’s trades from the beginning of its launch on the Pre-market. You can trade it, buy it and sell it, but you will not be able to withdraw any currency from SCR to your wallet before it is officially launched on the platform. However, you can sell it and withdraw the profits in #USDT currency.
You can follow the currency price from here https://www.binance.com/ar/trade/SCR_USDT?contentId=14730093184522&type=spot
But what is the benefit of pre-market trading?!
You can take advantage of price movements before the coin starts to rise significantly after the official listing. This gives you the opportunity to make bigger profits, meaning buy before the listing. If you buy the coin before it becomes popular, you may be able to get a more valuable investment due to the volatility in the current high price.
Benefits of Participating in Binance Pre-Market
Early Market Entry: Users who wish to open an early market position can buy or sell their actual tokens before the official listing on the spot market.
More uses available to Binance LaunchPool users: LaunchPool participants can take advantage of early market movements and trade their tokens that they acquired before their official launch.
No additional fees: Users are not charged any fees other than the usual spot trading fees on Binance, which is highly competitive in the market.
note:
Pre-market users are subject to a token holding cap. If a user's current spot account balances exceed the holding cap, the user will not be able to purchase additional tokens in the pre-market.
Finally, we point out that there are risks associated with trading the currency in the Pre-market. Trading during this stage may be less liquid, meaning that there are people who own SCR coins that they obtained through free distribution or other methods, which means that prices may fluctuate significantly when the currency is officially launched on the platform.
