You can buy and sell IME on the spot on Bybit app with the lowest possible taker fees of 0.1%.
Bybit Launchpool: IME/USDT is now live
Bybit announced that the spot trading pair IME/USDT is now online, and you can trade through the Bybit web version and Bybit App!
Trade IME spot now and enjoy a minimum 0.1% Taker fee.
Reminder: IME is the native token of the GameFi 2.0 project Imperium Empires, and now you have the opportunity to claim it from the Bybit Launchpool, you only need to pledge BIT to share 13,500,000 IME!
Spot trading rules have been added to avoid capital losses due to sudden market volatility during the launch of new trading pairs.
Market orders and conditional orders: Within five minutes before the opening of a new spot trading pair, both market and conditional orders cannot be used. The duration will be adjusted according to abnormal market fluctuations.
Five (5) minutes after the opening: If the deviation between the estimated transaction price and the latest transaction price is greater than 10% (the upper limit will be adjusted according to market conditions), the market order will be restricted from placing orders. Conditional market order functionality is currently exempt from this rule.
Suppose the user places an order to buy BIT at the market price of 100,000 USDT (the current latest transaction price is 2 USDT). The system will judge that the latest price when the market order is completely filled is 2.3 USDT. At this time, the calculated deviation margin is 15%.
That is (2.3-2)/2 = 15%.
If the deviation exceeds the 10% threshold, the market order will be restricted from placing orders. Traders will receive a prompt “The price of the market order has a large deviation, please place a new order”.
In the first 5 minutes of the listing of the new spot trading pair, the buy or sell order price cannot exceed 3,000% of the listing price. The current price will be adjusted accordingly according to the abnormal market fluctuations. This new rule is only for Bybit APP 3.10.0 (and above) and Bybit website.
5 minutes after the new spot trading pair is listed, the buy limit order cannot exceed 110% of the latest transaction price, and the sell limit order cannot be lower than 90% of the latest transaction price.
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...