Binance Introduces Exciting New RED Coin with Unique Features – BitRss

Binance is launching a new cryptocurrency project called RedStone (RED ($0.00)) as its 64th Launchpool initiative. Users can participate by locking their BNB ($603.73), FDUSD, and USDC ($1.00) in specific pools to earn RED coins from February 26 to February 28. Additionally, Binance will test a new upward price limit mechanism during the Pre-Market trading of this cryptocurrency.

Details of the Binance RED Coin Launchpool

The Launchpool platform will be utilized for RedStone’s launch. Users can lock BNB, FDUSD, and USDC to claim a share of 40 million RED coins distributed from a total supply of 1 billion. Here are the Launchpool details:

• Total RED Coin Supply: 1 billion
• Amount Distributed via Launchpool: 40 million (4% of supply)
• Initial Circulating Supply: 280 million (28% of supply)
• Coin Network Details: Ethereum $