The Binance platform announced the listing of RedStone (RED) as part of its 64th project on the Launchpool. Users will be able to mine RED by locking their assets such as BNB, FDUSD, and USDC in dedicated pools, starting from February 26, 2025 (00:00 UTC) until February 27, 2025 (23:59 UTC). The total available rewards amount to 40 million RED, representing 4% of the total supply of one billion coins. The initial circulating supply at listing will be 280 million RED (28% of the total supply). $
Binance will support the trading of RED through its pre-market, where trading for the RED/USDT pair will open on February 28, 2025 (10:00 UTC). During the first three days, a progressive price limit mechanism will be applied to reduce price volatility:
February 28 - March 1: The maximum price is 200% of the opening price.
March 1 - March 2: The maximum price is 300% of the opening price.
March 2 - March 3: The maximum price is 400% of the opening price.
After March 3: No price restrictions.

In addition to Binance, other platforms such as Bybit and Gate.io have also announced the listing and trading of RED on their pre-markets. Bybit began pre-market trading of RED on February 14, 2025, while Gate.io provides a platform for trading the coin before its official market launch. #red