Latest Bybit News

1600x900-1.png

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

• PELL Deposit Opens: Mar 12, 2025, 10:00AM UTC

• Pre-Market Closure: Mar 13, 2025, 9:30AM UTC

• Spot Listing Time: Mar 13, 2025, 10:00AM UTC

• Settlement Time: Mar 13, 2025, 12:00PM UTC

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

• Sellers must have enough PELL  tokens in their UTA before Mar 13, 2025, 12:00PM UTC. If you're participating in the Pre-Market Trading with a Subaccount, ensure that the corresponding Subaccount contains sufficient PELL 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 PELL 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 PELL 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 PELL Tokens for Delivery

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

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

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

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

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

• PELL 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 Pell Network (PELL) on Bybit. 

Bybit Pre-Market: PELL Token Closure and Delivery Schedule

Be the first to access Bybit new listings, airdrops, and competitions. 

Be the first to get critical insights and analysis of the crypto world, subscribe now to our newsletter.

Bybit Announcement

Daily Crypto Market Movement at Your Fingertips.

Thank you for subscribing!

Daily Bits

Be the first to access Bybit new listings, airdrops, and competitions. Claim $50 bonus when you deposit $100 and trade $10 today!