Jul 26, 2024 - 17:37
By manilatimes.net

BingX Launches Pre-Market Trading for Early Access to New Digital Assets

VILNIUS, Lithuania, July 27, 2024 /PRNewswire/ — BingX, a leading cryptocurrency exchange, proudly announces the launch of BingX Pre-Market Trading feature. Utilizing this feature, BingX users can enjoy early access to coins, efficient price discovery, and enhanced liquidity. It also allows for the activation of community trading interests, positioning BingX as a primary market for new assets once they are officially listed. This innovative platform enhancement is set to redefine the landscape of cryptocurrency trading, providing users with unprecedented early access to new digital assets before their official listing, starting with Hamster Kombat (HMSTR) and Catizen (CATI). This captivating clicker game has garnered a substantial user base interested in the TON Ecosystem built on the Telegram instant messaging app.

Vivien Lin, Chief Product Officer of BingX, expressed her enthusiasm and emphasized the feature's significance for the platform's users. «This new feature represents a major milestone for BingX, providing our users with early access to new coins and the ability to secure advantageous positions before these coins are listed on the spot market. We are dedicated to continually innovating and delivering tools that empower our users to stay ahead in the dynamic cryptocurrency market.» said Lin.

Early Opportunities & Real Trades

BingX Pre-Market Trading operates as an over-the-counter (OTC) platform, facilitating genuine peer-to-peer trading of new coins. This feature allows users to acquire coins at optimal prices, secure liquidity in advance, and complete deliveries at mutually agreed-upon times. allowing buyers and sellers to freely choose and create orders based on their preferences and price expectations. Whether acting as a buyer, seller, or both, users can set their desired prices and quantities, ensuring a flexible and user-driven trading environment.

The platform ensures transaction security by freezing the relevant amounts for both buyers and sellers, guaranteeing that every order has solid financial backing. This reduces the risk of failed trades. Sellers can also complete