The post Binance to List RedStone (RED) – Pre-Market Trading Now Live appeared on BitcoinEthereumNews.com.

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 Binance Binance 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 Trading To 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 restrictions Additionally, 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…

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Filed under: News - @ March 1, 2025 4:22 pm