USUAL - The Opportunity We've Been Waiting For?
I'm here for another post about
, but today I would like to compile everything I've been through in the last few days.
First, I would like to say that pre-market trading was indeed an innovative and brilliant idea that Binance brought to its product portfolio. I had already had this experience on other exchanges, but with Binance's volume, the story takes on other proportions.
A mistake that could have been avoided
Despite the innovation, I believe that the brokerage's communications team ended up making some mistakes and hindering the progress of the pre-market success. The first one concerns the way it communicated the total supply of the token after the listing on the spot market, where it implied (misleadingly) that after the listing the token would have a significant increase in its total supply, but this is not true. Later, with all the confusion that the announcement caused, the brokerage retracted and rectified the announcement, informing the real quantity of the supply after the launch on the spot market, namely 494,600,000 USUAL tokens.
