Odaily Planet Daily News LBank announcement shows that LBank will launch Blum (BLUM) pre-market trading at 16:00 (SGT) on April 7, 2025, and open the BLUM/USDT trading pair. It is reported that the delivery of BLUM pre-market trading will be carried out at the official opening. LBank will redeem BLUM pre-market trading and official trading at a 1:1 token ratio, and promise that the withdrawal time of BLUM will not be later than other centralized exchanges in the market.
At the same time, in order to protect the interests of users to the greatest extent, LBank launched a price protection limited activity to provide all-round protection for BLUM spot pre-market trading. When the pre-market trading ends, if the price of BLUM held by the user is lower than the average pre-market trading price of the industry market, the loss caused by the price drop will be subsidized by LBank, up to 50USDT, and the subsidy will be issued to the user's spot account in the form of USDT within 3 days after the end of the pre-market trading.