TechFlow news, according to an LBank announcement, LBank will launch pre-market trading for Abstract (ABS) on March 14 at 14:00 (SGT), opening the ABS/USDT trading pair. It is reported that settlement for ABS pre-market trading will occur upon official market opening. LBank will provide a 1:1 token redemption for both pre-market and official trading, and承诺 that ABS withdrawal times will be no later than those of other major centralized exchanges.
Meanwhile, to maximize user protection, LBank has introduced a price protection limited-time event, providing comprehensive safeguards for ABS spot pre-market trading. If, at the end of pre-market trading, the price of ABS held by users is lower than the industry's average pre-market trading price, LBank will compensate users for losses incurred due to the price drop, up to a maximum of 50 USDT. Compensation will be distributed in USDT to users' spot accounts within three days after pre-market trading concludes.
