Pre-Market Trading for Tokens: How OTC Deals and Points…
By Damilola Esebame
AI summary of the source article
Crypto pre-market trading has transitioned from informal over-the-counter deals to structured centralized and decentralized platforms, enabling early price discovery for tokens, points, and rights prior to official listings.
Why it matters
Pre-market trading in crypto allows the buying and selling of tokens or protocol points before an official exchange listing or Token Generation Event, functioning as early price discovery.
Key facts
- Binance launched its pre-market spot trading service in September 2024, offering actual tokens rather than derivatives.
- Decentralized OTC protocol Whales Market processed over $300 million in cumulative volume as of December 2025.
- Memento Research found that 84.7% of tracked token launches traded below their opening valuation as of December 20, 2025.
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Pre-market trading in crypto refers to buying and selling tokens or protocol points before an official exchange listing or Token Generation Event (TGE), functioning as early price discovery. Binance launched its pre-market spot trading service in September 2024. A Binance spokesperson told The Block that it was the first exchange to offer actual tokens for users to trade during pre-m…