Binance begins to list the Redstone (Red) token with Spot processing pairs on 6 March 2025. This development offers an important opportunity for crypto investors, because Red Token, along with new trading pairs, will be available for Binance users.
Binance lists the subcoin named Red
Binance announced the following pairs of transaction for Red Token:
- RED/BTC
- Red/USDT
- RED/USDC
- RED/FDUSD
- RED/TRY
This process will start the spot trade of the pairs on 6 March 2025 at 16:00. Users will be able to deposit their Red Tokens before March 6, 2025 and TSI from 13:00. Important dates as follows:
- Spot Trade for Red Tokens will start on March 6, 2025 and TSI at 16:00.
- Users will be able to deposit their Red Tokens from 6 March 2025, TSI 13:00.
- The shooting will be opened on March 7, 2025 and TSI as of 16:00.
- The transfer function will be re -enabled before March 6, 2025, TSI 13:00.
About Red Token
Redstone (Red) is a very chain solution between EVM and NON-EVM networks. However, since Red is a new token, it has higher price fluctuating and risks than other token. Binance announced that he will list Red Token with the ‘Seed’ label. This label is used to describe more innovative and volatil projects. For this reason, it is recommended that users to manage sufficient risk management and thoroughly investigate the project before trading with Red Token.
The Seed label is a warning that allows investors to be more careful when trading with projects with higher volatility. Since Red Token will also carry this label, users will have to pass the relevant exam every 90 days to be able to trade on Binance Spot and/or Binance Margin platforms. These exams aim to enable users to learn about risks.
Red Token is trading on the Ethereum network and no listing fees will be charged for this token. In addition, the Spot Algo Orders feature for process pairs will be activated on March 6, 2025, TSI 16:00. Trading Bots and Spot Copy Trading features will be active within 24 hours after the token listing process. Spot Copy Trading users can add new trading pairs from the ‘Personal Pair Preference’ section. Binance users should take into account all risks before trading with Red Token and investigate the project in full.
