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Binance Launches Pre-Market Trading System Allowing Users to Trade Altcoins Before Spot Listing

Binance, the largest cryptocurrency exchange in the world, has introduced a new platform called Binance Pre-Market. This platform allows users to acquire tokens before they are officially listed on the exchange's Launchpool platform. Users can earn these tokens by staking BNB, Binance's utility coin. By participating in pre-market trading, users have early access to these tokens and can trade them before they are available on the open market. Binance warns that pre-market trading may come with higher volatility, sudden price changes, and limited ability to buy or sell tokens at desired prices.

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