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Get ready for an exciting journey into Pre-Market Trading with the unveiling of Swell Network (SWELL) on Bybit. Here's what you need to know:

• SWELL Deposit Opens: Nov 6, 2024, 10:00AM UTC

• Pre-Market Closure: Nov 7, 2024, 10:00AM UTC

• Spot Listing Time: Nov 7, 2024, 10:00AM UTC

• Settlement Time: Nov 7, 2024, 12:00PM UTC

• Token delivery will be automatic and exclusively through the Unified Trading Account (UTA).

• Sellers must have enough SWELL  tokens in their UTA before Nov 7, 2024, 12:00PM UTC. If you're participating in the Pre-Market Trading with a Subaccount, ensure that the corresponding Subaccount contains sufficient SWELL tokens for delivery before the settlement time.

• Once the token is delivered, sellers will receive the payment in their UTA. If sellers don't have enough SWELL tokens before the settlement time in their UTA, they will forfeit all their collateral.

• Delivery occurs only ONCE at the designated settlement time.

• The delivery time may extend beyond 30 minutes. Buyers are kindly requested to be patient. The delivered SWELL tokens or the USDT collateral paid by the seller in default will be credited to the buyer's UTA.

• The platform will impose a 10% fee on the seller's collateral if the seller fails to deliver at the settlement time. The remaining 90% will be compensated to the buyer.

How to Obtain & Prepare SWELL Tokens for Delivery

• Deposit SWELL tokens. Please ensure that the deposit address is correct.

• Transfer the required SWELL tokens to your UTA before the designated settlement time.

• If you haven't acquired the necessary SWELL tokens, you can purchase them from the Spot market.

• After purchasing, keep the SWELL tokens in your UTA and await the scheduled settlement time.

• SWELL tokens purchased from the pre-market cannot be used for settlement.

• SWELL tokens not stored in the UTA cannot be used for settlement.

For detailed information on Pre-Market Trading on Bybit, please refer to the following articles:

• [FAQ — Pre-Market Trading](https://www.bybit.com/en/help-center/article/FAQ-Pre-market-Trading)

• [How to Get Started With Pre-Market Trading](https://www.bybit.com/en/help-center/article/How-to-Get-Started-With-Pre-market-Trading)

• [Introduction to Pre-Market Trading](https://www.bybit.com/en/help-center/article/Introduction-to-Pre-market-Trading)

If you have any questions regarding this matter, please contact our Customer Support via [this form](https://www.bybit.com/en-US/help-center/s/webform).

Get ready for an exciting journey into Pre-Market Trading with the unveiling of Swell Network (SWELL) on Bybit. 

Bybit Pre-Market: SWELL Token Closure and Delivery Schedule

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