Spot

<a href="https://bitcoinworld.co.in/bybit-introduces-pre-market-perpetuals-for-trading-upcoming-tokens/" title="Bybit Introduces Pre-Market Perpetuals For Trading Upcoming Tokens" rel="noopener noreferrer nofollow"></a>
<a href="https://www.bybit.com/en" rel="noopener noreferrer nofollow">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, announced its latest product: Bybit Pre-Market Perpetuals.&nbsp;
This innovative offering enables users to trade perpetual contracts on forthcoming tokens, providing an opportunity to engage with future values prior to their official market debut.
Pre-Market Perpetuals are designed to offer early access to potential promising new contracts. This helps users avoid potential entry cost increases due to price volatility at launch.&nbsp;
Traders can place orders with up to 5x leverage before the contract is officially listed. If they match the specified price, orders are executed at the opening price upon a successful opening, and the position is seamlessly transferred to the new contract after the perp is listed – a unique benefit compared to Bybit’s competitors.
“Bybit is always looking to innovate and offer our users the best trading tools available,” said Joan Han, Sales &amp; Marketing Director of Bybit. “Pre-Market Perpetuals provide early access to new tokens, allowing our users to hedge spot positions and secure profits effectively. We believe this product will set a new standard in the crypto trading landscape.”
The ability to hedge spot positions using Pre-Market Perpetuals offers traders a significant risk management tool.&nbsp;
For those employing short-selling strategies or engaging in Pre-Market Spot Trading, these contracts provide a mechanism to minimize risks, thereby safeguarding investments and securing potential profits.
Bybit’s introduction of Pre-Market Perpetuals is another innovation from a market leader that has won significant market share.&nbsp;
Due to its superior UX and products, Bybit has become the second-largest crypto exchange across spot and derivatives markets. Pre-Market Perpetuals gives opportunities for early access and risk management and reinforces Bybit’s position as a trailblazer in the cryptocurrency market.
<h3 id="span-style-font-weight-400-about-bybit-span">About Bybit</h3>
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 37 million users.&nbsp;
Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support.&nbsp;
Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Bybit Introduces Pre-Market Perpetuals For Trading Upcoming Tokens

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