Pre-Market Trading Becoming The Secret Weapon of Crypto Traders
Trading ahead of the curve is crucial for crypto enthusiasts. Traditionally, this was achieved through monitoring project announcements and launch dates. However, the advent of pre-market trading platforms has introduced a new strategy.
Platforms like Bitget, Binance, Bybit, and OKX are leading the charge in pre-market trading. Bitget's platform, launched in April 2024, has seen significant growth with over 50 listed coins and a trading volume surpassing $50 million. This surge reflects a broader trend of traders engaging with assets before their wider market release.
Binance, on the other hand, has listed 22 projects with a trading volume of $23.6 million, showcasing a different approach to project selection. Bybit follows closely with 28 projects and a volume of $31.7 million, indicating a competitive yet diverse market. While OKX boasts a higher trading volume of $80 million, its accessibility is somewhat limited due to global restrictions.
This raises a pertinent question for traders: how does the number of available assets impact trading strategies in pre-market scenarios?