Pre-Market Trading Becoming The Secret Weapon of Crypto Traders

in #crypto5 days ago

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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?