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 along with increased liquidity and price discovery. This is expected to redefine cryptocurrency trading, giving the community a better position. Digital asset enthusiasts have been pushing for exchanges to list their favorites
tokens.
BingX integrates pre-market trading
BingX has unveiled a new feature that allows its users to get early access to new features cryptocurrenciesgaining an edge in the fast-paced and ever-changing market. In a recent publication, the company noted that the feature includes price discovery and improved 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 providing early quotes.
“This innovative platform enhancement is set to redefine the cryptocurrency trading landscape by giving users unprecedented early access to new digital assets before their official listing, starting with Hamster Kombat (HMSTR) and Catizen (CATI). This engaging clicker game has garnered a strong user base interested in the TON ecosystem built on the instant messaging app Telegram.”
Last week, Catizen gained more traction in the community after Binance Labs invested in its developer, Pluto Studio, which led to its growth. According to BingX’s update, the new feature will work as an over-the-counter platform, increasing the variations in optimal prices. Users can choose orders based on demand and price expectations. Additionally, the platform’s security will be achieved by freezing the amounts to achieve solid financial support.
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BingX boasts 10 million global users and will leverage this feature to attract traders. This is to be expected as cryptocurrency traders are looking for early quotes to gain an edge in the fast-moving industry. Vivien LinThe company’s Chief Product Officer expressed his commitment to innovate and implement more tools for users.
“This new feature is a major milestone for BingX, giving our users early access to new coins and the ability to secure profitable positions before these coins are listed on the spot market. We are committed to continuously innovating and providing tools that allow our users to stay ahead of the curve in the dynamic cryptocurrency market.”
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David is a financial news contributor with 4 years of experience in Blockchain and cryptocurrency. He is interested in learning about emerging technologies and has an eye for breaking news. Keeping up to date with trends, David has written in several niches including regulation, partnerships, cryptocurrency, stocks, NFTs, etc. Away from the financial markets, David enjoys cycling and horseback riding.