RedStone (RED) Will List on Binance! Pre-Market Opens February 28, Get Ready to Watch!

Bittime - Good news for those of you who have been looking for RedStone (RED) for a long time! Binance, one of the crypto exchanges in the world, has just announced that RED will be the 64th project in their Launchpool. 

This means, you can get RED tokens for free by staking the crypto assets you have!

Staking RED on Binance: Chance to Win an Airdrop!

Starting February 26, 2025 at 07:00 WIB, you can stake your BNB, FDUSD, or USDC on Binance Launchpool. Later, you will get rewards in the form of RED tokens for a period of two days. 

The total prize prepared by Binance is really quite, namely 40 million RED tokens!

Sharing of Staking Pools and Prizes:

BNB Pool: 32 million RED (80%)

FDUSD Pool: 4 million RED (10%)

Kolam USDC: 4 million RED (10%)

Each pool has a maximum limit of prizes that can be claimed per hour per user. So, hurry up and stake so you don't run out! The details:

66.666 RED per hour for BNB pools

8.333 RED per hour for FDUSD and USDC pools

RED Pre-Market on Binance February 28

What’s even more exciting is that Binance will also list RED on pre-market starting February 28, 2025 at 17:00 WIB. Pre-market it's a kind of "black market" before the official token is launched. 

Here, you can start buying and selling RED/USDT with the price limits set by Binance. The aim is to withstand price volatility which is usually crazy when a new token is launched.

RED Price Limit in Pre-Market

Feb 28, 5 p.m.:00 – 1 March, 16:59 WIB: Maximum 200% of the initial price.

Mar 1, 17:00 – 2 March, 16:59 WIB: Maximum 300% of the initial price.

¨00 – 3 March, 16:59 WIB: Maximum 400% of the initial price.

After March 3, 17:00 WIB: Free! There are no price limits anymore.

During the period pre-market, you are also limited to holding a maximum of 5,000 RED tokens per account.

What is RedStone?

For those who don't know, RedStone it's oracle platform multi-chain which aims to provide data real-time to various blockchain networks—both ones EVM (Ethereum Virtual Machine) and non-EVM.

Detail Token RED

Total token supply: 1 billion tokens

Supply circulating when listing on Binance: 280 million RED tokens (28%)

Conclusion

The launch of RedStone (RED) on Binance is clearly a long-awaited moment. Take advantage of the staking opportunity at Launchpool to get free RED tokens. Continue to monitor price developments at pre-market, and get ready to make the right decision!

FAQ: Binance’s RedStone (RED)

What is RedStone (RED)?

RedStone (RED) is a multi-chain oracle platform that provides real-time data for various blockchain networks, both EVM (Ethereum Virtual Machine) and non-EVM compatible. RED will be the 64th project in the Binance Launchpool.

When and how to stake RED on Binance?

RED staking on Binance started in February 26 2025 at 07:00 WIB. You can stake BNB, FDUSD, or USDC to get rewards in the form of RED tokens for two days, with a total prize of 40 million RED tokens available.

What is Pre-Market and how to trade RED?

Pre-Market for RED will open on February 28 2025 at 17:00 WIB. During this period, you can trade the RED/USDT pair with certain price limits. The maximum price will be limited to 200% of the initial price for the first 72 hours, before being free from price restrictions after that.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

CryptoTerminal, Binance Launches RedStone (RED) on Launchpool with Pre-Market Price Cap Mechanism, Accessed February 26, 2025

Binance, Introducing RedStone (RED) on Binance Launchpool and Price Cap Mechanism for Binance Pre-Market, Accessed February 26, 2025

Author: IN