Bybit Introduces Pre-Market Perpetuals for Trading Upcoming Tokens

, the world’s second-largest cryptocurrency exchange by trading volume, announced its latest product: Bybit Pre-Market Perpetuals. 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.

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.

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