2024-12-20 04:07:27Here is a step-by-step guide on how to navigate Pre-Market Perpetuals trading on Bybit on the App.
Create Your Pre-Market Perpetuals Order
Step 1: Tap More on the Bybit Home page and select Pre-Market Perpetuals.
Step 2: On the Pre-Market Perpetuals page, tap on Join Now.
Step 3: Call Auction.
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For Contracts that have not yet started auction:
View detailed information such as the auction time, listing time, and subscribe to the contract before the Perpetual contracts are listed.
Please note that after subscribing to a contract, you will receive notifications, including the start of formal trading, the transition of the contract to a formal contract.
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For Contracts that have started auction:
Tap on Auction Now to go to the contract order page and enter the required order parameters.
Please note that only limit orders are supported during the Continuous Auction phase.
Prices for Pre-Market Perpetuals are determined through the interaction of long and short traders. This process involves setting a price quote through a two-round action, concluding with the end of the price matching period. It's important to be aware that the price determined during this pre-market phase may differ from the price of the token once it is officially listed.
Step 4: The auction is in progress, and the auction price is being matched.
Step 5: Once the pre-market auction concludes and the contract is officially listed, you can begin trading the ordinary Perpetual contract.
To learn more about how to trade Perpetual contracts, please visit this page.
Cancel Your Pre-Market Perpetuals Order
You can cancel a Pre-Market Perpetual order in the following scenarios:
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Within 23 hours 50 minutes after the call auction starts
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During the Continuous Auction phase
To cancel, please go to your Current Orders tab and click on the Cancel button.
Please note that after this 23-hour and 50-minute period, order cancellations will no longer be possible.
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