Crypto exchange BingX has launched a pre-market trading feature giving users early access to coins alongside enhanced liquidity and price discovery. This is expected to redefine crypto trading giving the community a better position. Digital asset enthusiasts have pushed for exchanges to list their preferred tokens.

BingX Integrates Pre-Market Trading 

BingX disclosed a new feature that allows its users to get early access to new crypto assets, getting an advantage in the fast-paced and evolving market. In a recent release, the firm noted that the feature includes price discovery and improved liquidity giving users a good experience. This will benefit both the platform and users as traders will be drawn to the exchange due to the reputation of giving early listings. 

“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.”

Last week, Catizen gained increased community traction after Binance Labs invested in its developer, Pluto Studio tipping it for growth. Per the BingX update, the new feature will operate as an over-the-counter platform increasing changes in optimal prices. Users can choose orders based on demand and price expectations. Furthermore, platform safety will be attained by freezing amounts to bring solid financial backing.

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Platform Eyes Growth

BingX boasts of 10 million global users and will leverage this feature to attract traders. This is expected because crypto traders are in search of early listings to give them an advantage in the fast-paced sector. Vivien Lin, the company’s Chief Product Officer expressed commitment to innovate and roll out more tools for 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.” 

Also Read: Jupiter Skyrockets 20% Ahead Major Week And Announcement By Co-Founder

The post BingX Announces Pre-Market Trading, Enhances Liquidity appeared first on CoinGape.

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Filed under: News - @ July 27, 2024 10:26 am