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      Bybit Pre-Market: KMNO Pre-Market Closure and Delivery Schedule

      Bybit's logo Bybit Apr 29, 2024 11:00:00

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

      Mark Your Calendars

      • KMNO Deposit Opens: Apr 29, 2024, 10AM UTC
      • Pre-Market Closure: Apr 30, 2024, 12PM (noon) UTC
      • Spot Listing Time: Apr 30, 2024, 12PM (noon) UTC
      • Settlement Time: Apr 30, 2024, 4PM UTC

      Automated Token Delivery

      Please take note of the following:

      • Token delivery will be automatic and exclusively through the Unified Trading Account (UTA).
      • Sellers must have enough KMNO tokens in their UTA before Apr 30, 2024, 4PM UTC. If you're participating in the Pre-Market Trading with a Subaccount, ensure that the corresponding Subaccount contains sufficient KMNO 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 KMNO tokens before the settlement time in their UTA, they will forfeit all their collateral.
      • Partial delivery is not allowed.
      • 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 KMNO 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 KMNO Tokens for Delivery

      1. Deposit

      • Deposit KMNO tokens. Please ensure that the deposit address is correct.
      • Transfer the required KMNO tokens to your UTA before the designated settlement time.

      2. Purchase From Spot Market

      • If you haven't acquired the necessary KMNO tokens, you can purchase them from the Spot market.
      • After purchasing, keep the KMNO tokens in your UTA and await the scheduled settlement time.

      Notes:

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

      Read the original article at bybit

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