Binance has launched premarket trading.

Binance exchange launched a platform for trading cryptocurrencies before listing.
The platform gives access to early spot trading of tokens from the Binance Launchpool program

A cryptocurrency premarket is a trading platform or market for trading new tokens prior to their listing, as well as points that can be converted into tokens in the future.

Binance emphasizes that it is "the first exchange that has real tokens that users can trade on the premarket," whereas other crypto exchanges trade derivatives on the premarket and require asset collateral.

At the same time, Binance's premarket platform allows trading only tokens included in the Binance Launchpool program, a service that gives users early access to tokens for blocking BNB tokens or stablecoins available on the exchange. This means that for premarket trading, Binance customers will first need to receive new tokens by blocking in the ser