Markets
BingX Announces Pre-Market Trading, Improves Liquidity
Cryptocurrency exchange BingX has launched a pre-market trading feature that gives users early access to coins as well as improved liquidity and price discovery. This is expected to redefine cryptocurrency trading by giving the community a better footing. Digital asset enthusiasts have been pushing for exchanges to list their favorite cryptocurrencies
tokens.
BingX Integrates Pre-Market Trading
BingX has unveiled a new feature that allows its users to get early access to news crypto assetsgaining an edge in a fast-moving market. In a recent post, the company noted that the feature includes price discovery and enhanced liquidity providing users with a good experience. This will benefit both the platform and users, as traders will be attracted to the exchange due to its reputation for offering early quotes.
“This innovative platform enhancement is set to redefine the cryptocurrency trading landscape, 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 attracted a substantial user base interested in the TON ecosystem built on the instant messaging app Telegram.”
Last week, Catizen gained popularity among the community after Binance Labs invested in its developer, Pluto Studio, giving it hope for growth. According to BingX’s update, the new feature will function as an over-the-counter platform that increases optimal price changes. Users can choose orders based on demand and price expectations. Additionally, the platform’s security will be ensured by freezing the amounts to provide strong financial support.
Read also : Vitalik Buterin Denies Ethereum Centralization Claims, Here’s Everything
Platform aims for growth
BingX has 10 million users worldwide and plans to leverage this feature to attract traders. This is expected as cryptocurrency traders are looking for early listings to give them an edge in this fast-moving industry. Vivien LinThe company’s chief product officer expressed commitment to innovating and rolling out more tools for users.
“This new feature represents a major milestone for BingX, providing our users with early access to new cryptocurrencies and the ability to secure advantageous positions before these cryptocurrencies are listed on the spot market. We are committed to continuous innovation and providing tools that allow our users to stay ahead of the dynamic cryptocurrency market.”
Read also : Jupiter Soars 20% Ahead of Big Week and Co-Founder Announcement
David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for breaking news. Staying abreast of trends, David has reported on several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Outside of financial markets, David enjoys cycling and horse riding.