How to Get Started With Bybit Pre-Market Trading: Secure Tokens Before They Launch
In the fast-moving world of crypto, getting ahead of the market can be the difference between massive gains and missed opportunities. That’s where Bybit Pre-Market Trading comes in a game changing feature that lets you buy or sell crypto tokens before they’re officially listed.
Think of it like getting into a project at private-sale prices, but without needing to be an insider or big investor. This guide will walk you through how it works, how to get started, and how to trade smarter.
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What Is Bybit Pre-Market Trading?
Bybit Pre-Market Trading is an over-the-counter (OTC) platform that allows you to trade tokens before they go live on the public market. It gives you a first-mover advantage, allowing you to lock in prices early potentially before the hype drives them up.
This feature is ideal if you:
• Want early exposure to new crypto tokens
• Prefer setting your own price before the market decides it
• Are comfortable managing delivery risk and price volatility
It’s where early access meets flexible trading—on your terms.
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Step 1: Create an Account and Upgrade to Unified Trading Account (UTA)
Before you can start trading pre-market tokens, you’ll need to:
1. Create a Bybit account – Fast, free, and simple 👉🏽[Click Here]
2. Upgrade to a Unified Trading Account (UTA) – This gives you full access to all of Bybit’s trading products, including Pre-Market.
Once your UTA is ready, you’re set to explore this exclusive trading zone.
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How to Place a Pre-Market Order
In Bybit Pre-Market Trading, there are two roles:
• Makers: Create new orders with fixed price and quantity
• Takers: Accept and fulfill existing orders
If You’re a Maker
Here’s how to create your pre-market order:
1. Log in to your Bybit account.
2. Hover over the Trade menu and select Pre-Market Trading.
3. Choose the token you want to trade.
4. Click Create Order, then choose Buy or Sell.
5. Enter your desired price and quantity.
6. Click Confirm.
You’ll see a confirmation page with the order details, fees, and collateral required.
Important:
If you’re selling a token, you must pay a transaction fee and deposit a collateral based on the pledge rate (which reflects the token’s risk/volatility). If you fail to deliver the token on time, you lose all your collateral.
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If You’re a Taker
As a Taker, you browse open orders and select one that fits your expectations.
1. Navigate to the Buy or Sell tabs to view available orders.
2. Choose one and click Buy or Sell.
3. Confirm the order.
Note: You must fully accept the price and quantity. No partial fills are allowed.
After the match, all you have to do is wait for the settlement period to receive your tokens (if you’re the buyer).
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How to Cancel a Pre-Market Order
Only incomplete orders can be canceled. Orders already matched or awaiting delivery cannot be canceled.
To cancel an order:
1. Go to the Active Orders tab.
2. Click Cancel next to the order you want to remove.
3. Want to cancel everything? Click Cancel All.
There are no cancellation fees, so you’re free to change your mind before the order is matched.
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How to View Active and Past Orders
Need to check your trading history or current positions? Here’s how:
• Go to Order History.
• Use filters (Token, Direction, Status) to sort your records.
• Toggle between Buy, Sell, and Filled for more clarity.
This is also where you’ll find the settlement time for each trade—vital if you’re a seller who needs to deliver tokens on time.
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How to Fulfill a Pre-Market Order
For Buyers:
Once the order is matched, sit tight. You’ll receive the tokens at the scheduled settlement time.
For Sellers:
You must prepare and deliver the token before the settlement deadline. Here’s how:
1. Deposit the required token into your Bybit account.
• Always double-check the chain (e.g., ERC20, BEP20) and wallet address.
• Alternatively, you can purchase the token on the Bybit spot market once it’s listed.
2. Transfer the token to your UTA before the deadline.
If you fail to deliver, 90% of your collateral will be given to the buyer as compensation. Ouch. So don’t mess up the logistics.
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Pros and Risks of Pre-Market Trading
The Upside:
• Early access pricing: Get tokens before they pump.
• Set your own prices: Especially as a Maker.
• Market liquidity: Orders are predefined, ensuring smoother matches.
The Risks:
• Slippage: The listing price might be lower than your buy price.
• Non-delivery penalties: Sellers lose collateral if they fail to deliver.
• Project uncertainty: Not all tokens listed pre-market go live or succeed.
This is crypto—we ride the volatility, but we do it with eyes open.
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CryptoPlagiat Pro Tips
• Research the token/project before trading. Don’t FOMO blindly.
• Start small, especially if it’s your first time using Pre-Market.
• Track your settlement time religiously if you’re a seller.
• Use order filters to refine your strategy and review performance.
Bybit gives you the tools. It’s up to you to use them wisely.
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Final Thoughts: Pre-Market = First-Mover Advantage
Bybit Pre-Market Trading isn’t just another trading option it’s a strategic edge. It gives you the ability to trade future trending tokens before the crowd even notices them.
Sure, there’s some risk involved. But for smart, calculated traders, the rewards can be huge. You set the terms. You own the strategy. You choose when and what to trade before the rest of the world catches up.
So, are you ready to outpace the market?
#LearnWithBybit x #CryptoPlagiat