Get Ready for Trading: Bybit Unveils Its Pre-Market Trading Platform Ahead of Wormhole Launch
In Brief
Bybit Among the world’s top contenders in crypto trading volume, Bybit has introduced this smart feature: Pre-Market Trading This feature is now live for the eagerly awaited Wormhole ($W) airdrop.
DUBAI, United Arab Emirates, Mar. 12, 2024 — Bybit Among the world’s top contenders in crypto trading volume, Bybit has introduced this smart feature: Pre-Market Trading The Wormhole feature is operational and ready for the highly anticipated $W airdrop, providing users with valuable early access to fresh tokens before their market debut.
Structured as an over-the-counter (OTC) trading platform, it allows buyers and sellers to establish their quotes and execute trades at set prices, granting early players a unique edge. This system enables both parties to dictate their entry point for new tokens.
The initial offerings on Bybit’s Pre-Market Trading platform include Wormhole ($W) and Aevo ($AEVO). Wormhole operates as a cross-chain messaging service, facilitating the transfer of funds across different blockchains. It plans to distribute 617 million tokens, or 6% of its total supply, to previous participants. Currently, the $W token is valued at $1.7 on the Pre-Market Trading platform offered by Bybit.
Aevo stands out as a high-performance decentralized derivatives exchange, emphasizing options and perpetual contracts. It is poised to drop 5% of its token supply on March 13, with AEVO trading just under $3 in Bybit’s Pre-Market Trading platform.
Those interested in engaging with Pre-Market Trading must make sure they have enough capital and can finalize trades within the given timeframe. Failure to meet these obligations may result in forfeiting any collateral put forth. This policy highlights Bybit’s dedication to fairness and transparency in the trading process.
Ben Zhou, co-founder and CEO of Bybit, stated, \"Pre-Market Trading presents new avenues for our consumers to interact with budding tokens. It sets a fresh standard in proactive trading within the crypto realm, transforming market dynamics by enabling strategic positions before official listings, and demonstrating Bybit’s commitment to innovation and client empowerment in the crypto trading landscape.\"
Stay updated on cryptocurrency distributions through our Airdrops Calendar .
About Bybit
Founded in 2018, Bybit is among the top three cryptocurrency exchanges globally by trading volume, boasting 20 million users. It provides a professional-grade platform equipped with a lightning-fast matching engine, 24/7 customer support, and multilingual community assistance. Bybit proudly partners with the Oracle Red Bull Racing team, the reigning champions of both the Constructors’ and Drivers’ championships in Formula One.
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