Binance, one of the world’s largest cryptocurrency exchanges, has announced the start of pre-market trading of the MONUSDT perpetual contract on its futures platform, Binance Futures. The new contract will begin trading today at 3:15 p.m.
Binance Futures launches MONUSDT futures pre-trading
According to Binance, the pre-trading period allows users to discover the market price of Monad (MON) tokens early on and establish positions before the market fully opens.
This feature represents an important opportunity for investors who want early access to price trends of newly listed tokens.
Monad (MON) stands out as a layer 1 blockchain project designed for high scalability and compatibility with Ethereum Virtual Machine (EVM). This project aims to provide advanced infrastructure for decentralized applications with faster transaction confirmation times and lower gas fees.
Binance Futures said the new MONUSDT contract will enrich users’ trading experience and increase the diversity of the futures market.
The exchange also emphasized that it reserves the right to change the terms of the agreement, including leverage ratios, funding fees, and collateral requirements, based on market risk conditions.
With this move, Binance continues to offer users more strategic trading options by expanding its futures portfolio.
*This is not investment advice.
