Bybit’s Pre-Market Trading feature enables users to engage with newly introduced cryptocurrencies prior to their formal launch on the exchange. This system allows participants to place orders and conduct transactions at predetermined prices, creating an early marketplace for emerging tokens.
Bybit is a Singapore-based cryptocurrency derivatives exchange founded in 2018, offering futures and perpetual contracts with high leverage, spot trading, and a user-friendly interface, known for its performance and trading tools that cater to both novice and experienced traders dealing in major cryptocurrencies like Bitcoin and Ethereum.
On July 8, Bybit announced plans to include Hamster Kombat’s HMSTR token in its over-the-counter offerings, opening the door for early trading opportunities before the token’s main market debut.
Reference: https://i.bybit.com/rabq13n
The exchange emphasized that the inclusion of HMSTR tokens represents a significant advancement, enabling customers to purchase HMSTR tokens ahead of their spot trading debut.
Bybit highlighted that this feature allows users to lock in purchase and sale prices in advance, offering a strategic enhancement to the exchange’s trading capabilities.
Users can buy HMSTR tokens early through Bybit’s pre-market system. While we don’t know when regular trading will start, this early access is important.
Bybit warns that pre-market prices might not match the official listing price.
They say many things can affect the final price, and both pre-market and regular prices depend on what traders are willing to pay. Right now, HMSTR’s pre-market price is moving between about $0.001 and $0.1.
