Binance Pre Market launches uplink circuit breaker mechanism

PANews reported on February 25 that Binance issued an announcement stating that in order to continue to innovate and improve users' trading experience, Binance will launch an enhanced function for Binance Pre Market - the uplink circuit breaker mechanism.

The upward circuit breaker mechanism will limit the maximum increase in trading prices of Pre Market within 72 hours after its first opening is a percentage of the initial opening price. After the initial 72 hours, there will be no restrictions and the transaction will return to normal. Please note that this uplink circuit breaker is being piloted in the issuance of RED tokens, and whether it will be a regular function in the future pre-sale market has not yet been determined.