The new Spot pair, BICO/USDT, will go live at 1:00PM UTC on Dec. 1, 2021. BICO deposits and withdrawals will be supported on Bybit at 1:00PM UTC on Dec. 1, 2021, and 10:00AM UTC on Dec. 3, 2021, respectively.

Important Notice

Bybit has added the following rules for the upcoming Spot trading pair listings to avoid losses caused by abnormal market price moves at the opening of a new listing:

For market orders and conditional orders: you won’t be able to place market orders or conditional orders within the first 5 minutes after a new Spot pair is being listed. (The duration may change depending on market conditions).

For limit orders: the order price of the limit orders you place cannot exceed 110% of the last traded price (LTP); the limit orders you sell cannot be lower than 90% of the LTP.

Reminder: Crypto assets are innovative investment products with potentially high volatility and high investment risks. Please make rational and prudent trading decisions.

What is BICO?

BICO is the underlying token supporting Biconomy, a relay network comprising a software development kit (SDK) and a dashboard. Its product minimizes friction and inefficiencies between blockchain applications and end users. The Biconomy team aims to reduce challenges that users usually face with common processes such as creating wallets, purchasing digital assets, storing keys, and other functions. At the same time, Biconomy's users get access to user-friendly decentralized applications on Web 3.0.

Learn more here.