
I. What is Pre-Launch Futures?
With Pre-Launch Futures, you can get a head start by trading a project long or short before its official listing. BingX Pre-Launch Futures offers up to 5x leverage with a maximum position limit of 20,000 USDT.
II. Advantages of Pre-Launch Futures
1. Jump in early and seize trading opportunities
Pre-Launch Futures offers users the chance to trade a project before its official listing. Users can capitalize on the movements of hot projects even before their tokens are issued.
2. Better liquidity and convenient trading anytime
Pre-Market Spot Trading is mainly over-the-counter (OTC) trading between users. Your funds will be frozen during order creation, which lowers fund efficiency and limits your ability to trade timely. In contrast, Pre-Launch Futures offer better liquidity and can be traded at any time.
3. Lock in profits from project airdrops in advance
If you hold tokens from an airdrop, you can lock in your profits early by going short with Pre-Launch Futures.
III. Details on Product Mechanism
1.Fee Details
- Trading Fee: The fee rates for Pre-Launch Futures are the same as BingX Perpetual Futures. For more details, please refer to: https://bingx.com/vip/profile/
2. Price Details
- Index Price:
The index price matches the latest filled price in the Pre-Launch Futures market.
- Mark Price:
3. Leverage and Position Limit
Max. Leverage
|
Position Limit (USDT)
|
Maintenance Margin Rate
|
Initial Margin Rate
|
5
|
1,000
|
5%
|
20%
|
4
|
2,000
|
7%
|
25%
|
3
|
5,000
|
10%
|
33.33%
|
2
|
10,000
|
12%
|
50%
|
1
|
20,000
|
14%
|
100%
|
4. Forced Liquidation Mechanism
The forced liquidation mechanism for Pre-Launch Futures works the same as BingX Perpetual Futures. For more details, check out these articles:
• Learn more about forced liquidation rules: https://bingx.com/support/articles/16934295548441/
• Learn more about Auto-Deleveraging (ADL) Mechanism: https://bingx.com/support/articles/18439073520537/
5. Additional Info
IV. Risk Disclosure
1. As some project teams haven't finalized their token issuance plans yet, there’s uncertainty around the total supply and whether the token will even be issued. These changes could cause fluctuations in market price, so it's important to stay informed on market updates. Additionally, there isn't a clear price source for the token since Pre-Launch Futures trading happens before the token listing. As a result, the Pre-Launch Futures price may differ from the token's price at and after its listing. Please keep this in mind and manage your risks accordingly.
2. Pre-Launch Futures trading comes with certain risks. The Pre-Launch Futures market is more prone to decreased liquidity, significant price fluctuations, and more. Additionally, not all tokens traded in Pre-Launch Futures will necessarily be officially issued and listed. BingX reserves the right to adjust, extend, or delist Pre-Launch Futures at its discretion.
* This announcement was updated in April 2025. Please refer to the latest details on the announcement page.