2025-3-1 19:03 |
Key Points Binance has listed RedStone (RED) as the 64th project on Binance Launchpool, offering users access to a multi-chain oracle solution. The farming phase for RED tokens began on February 26, 2025, allowing users to stake BNB, FDUSD, and USDC to earn RED rewards. Binance launched Pre-Market trading for RED on February 28, 2025, ahead of its official spot listing.
Binance has officially listed RedStone (RED) as the 64th project on Binance Launchpool, offering users a new opportunity to engage with a multi-chain oracle solution.
RedStone is designed to provide scalable and reliable data feeds across EVM and non-EVM blockchains, improving the efficiency of decentralized finance (DeFi) applications.
The farming phase on Binance Launchpool for RED tokens began on February 26, 2025, allowing users to stake BNB, FDUSD, and USDC to receive RED rewards.
RED Pre-Market Trading on BinanceBinance launched Pre-Market trading for RED on February 28, 2025, allowing users to trade RED/USDT before its official spot listing.
The Pre-Market phase gives traders the opportunity to buy and sell RED with limited price volatility before the open market listing.
Price Cap Mechanism for RED Pre-Market TradingTo ensure price stability in the early trading phase, Binance has implemented a Price Cap Mechanism for the first 72 hours of Pre-Market trading:
Time Period (UTC) Max Price Increase (%) Feb 28, 10:00 – Mar 1, 09:59 200% of the opening price Mar 1, 10:00 – Mar 2, 09:59 300% of the opening price Mar 2, 10:00 – Mar 3, 09:59 400% of the opening price After Mar 3, 10:00 No restrictionsAdditionally, Binance has set a maximum holding limit of 5,000 RED per user during the Pre-Market phase.
Trading on Binance, including Pre-Market, can lead to an increase in trading fees due to high volatility and market activity.
To reduce costs, new users can sign up using a Binance referral code to receive up to 20% off trading fees and access additional benefits.
Why Trade RED on Binance?Trading new tokens on a secure and high-liquidity exchange is crucial, and Binance remains the top choice for both new and experienced traders. With deep liquidity, low fees, and advanced security, Binance offers an optimal trading environment for RED and other emerging assets.
If you’re considering trading on Binance, a detailed Binance review explores its features, including security, fees, and available trading options.
Key Benefits of Trading RED on Binance Early Trading Access – Binance Pre-Market allows users to trade RED before its official spot listing, offering a chance to enter the market early. Deep Liquidity – With over $25 billion in daily trading volume, Binance ensures smooth order execution and minimal price slippage. Competitive Trading Fees – Binance offers some of the lowest fees in the industry, starting at 0.1% for spot trading, with further discounts available. Robust Security – Binance employs multi-factor authentication, cold storage, and AI-powered risk monitoring to safeguard user funds. Diverse Trading Options – Traders can choose between spot, margin, and futures trading, optimizing their strategies based on market conditions. origin »RedCoin (RED) на Currencies.ru
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