Bybit Launchpool: ZBC/USDT is now live

Bybit Launchpool is delighted to announce that Bybit Launchpool’s brand new project – ZEBEC (ZBC) is now live.

The new spot trading pair ZBC/USDT is now available on Bybit PC and App!

Buy and sell ZBC instantly and enjoy a minimum 0.1% Taker fee.

In order to prevent traders from suffering losses due to sudden market fluctuations during the launch of new trading pairs, Bybit has added new spot trading rules.

For market and conditional orders: Neither order type is supported within the first five minutes of a new spot trading pair going live.

This time frame will change accordingly based on market conditions.

Five (5) minutes after the new trading pair goes online: If the difference between the estimated transaction price and the latest transaction price exceeds 10% (the upper limit will be changed according to market conditions), the market order will not be executed.

Conditional market orders are currently exempt from this rule.

For example, a trader places a market order to buy BIT worth 100,000 USDT, and the latest transaction price is 2 USDT.

According to the system calculation, the estimated transaction price of this order is 2.3 USDT, which is 15% different from the latest transaction price.

(2.3 – 2) / 2 *100% = 15%

Since the difference exceeds the upper limit of 10%, the market order will not be executed.

Given the huge deviation between the estimated transaction price and the latest transaction price, traders will be notified to submit a new order.

For limit orders: within the first five (5) minutes, the order price for buying and selling must not exceed 3000% of the listing price. This limit will vary accordingly based on market conditions.

This rule applies to Bybit App (version 3.10.0 and above) and Bybit PC trading website.

Five (5) minutes after a new trading pair goes online, the price of a buy order shall not exceed 110% of the latest transaction price, and the price of a sell order shall not be lower than 90% of the latest transaction price.

Go to Bybit’s Official Website