UpGate

Tag: Exchanges

  • UNITREEUSDT Bybit Perpetual Pre-Market Launch Aug 3

    UNITREEUSDT Bybit Perpetual Pre-Market Launch Aug 3

    UNITREEUSDT Perpetual Pre-Market Trading to Launch on Bybit

    Bybit has announced that UNITREEUSDT will be available for Perpetual Pre-Market Trading on its platform. This offering allows traders to engage with the asset before its official listing on the derivatives market.

    Pre-Market Trading Schedule for UNITREEUSDT

    The pre-market trading for UNITREEUSDT is set to commence with a structured schedule:

    • Call Auction: This phase will begin on August 3, 2026, at 3:00 AM UTC.
    • Order Withdrawal: Traders will have a 20-minute window to withdraw orders immediately following the start of the Call Auction.
    • Match-Making Tradeoff: This trading period will commence 25 minutes after the Call Auction opens.
    • Continuous Auction: Should the match-making tradeoff prove successful, the Continuous Auction will start 30 minutes after the Call Auction begins.

    Important Considerations for Traders

    Participants should be aware of several key points to ensure a smooth trading experience. Orders may be subject to cancellation if account balances are insufficient. Furthermore, if the match-making tradeoff phase does not succeed, the UNITREEUSDT contract will be delisted from Bybit’s Perpetual Pre-Market Trading. Traders are strongly advised to monitor updates regarding the delivery schedule, as adherence to the established timeline is critical.

    Pre-Market Trading can be accessed via the Bybit website or the most recent version of the Bybit App.

    Further details on Perpetual Pre-Market Trading are available in the platform’s Trading Rules.

    Disclaimer: This announcement serves exclusively as a notice for pre-market trading activities. It does not constitute a guarantee that UNITREEUSDT will be officially listed on Bybit’s Derivatives trading platform. Any subsequent decision by Bybit to list UNITREEUSDT for Derivatives trading will be communicated through a separate announcement.

  • REGNUSDT Perpetual Contract Launches with 20x Leverage

    REGNUSDT Perpetual Contract Launches with 20x Leverage

    Bybit Launches REGNUSDT Perpetual Contract with Up to 20x Leverage

    Cryptocurrency exchange Bybit has announced the listing of the REGNUSDT Perpetual Contract, enabling traders to speculate on the price movements of Regeneron Pharmaceuticals, Inc. (REGN) using Tether (USDT) as the settlement asset. Trading for the new contract is now live, offering leverage of up to 20x.

    The REGNUSDT Perpetual Contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

    Key details of the REGNUSDT Perpetual Contract include:

    • Underlying Asset: Regeneron Pharmaceuticals, Inc. (REGN)
    • Settlement Asset: USDT
    • Tick Size: 0.01
    • Maximum Leverage: 20x
    • Capped Funding Rate: 2.5%
    • Funding Fee Settlement Interval: Every 8 hours
    • Trading Hours: 24/7

    Regeneron Pharmaceuticals, Inc. is a biopharmaceutical company headquartered in Tarrytown, New York. Its official website is https://www.regeneron.com/.

  • GEUSDT Perpetual Contract Launches with 25x Leverage

    GEUSDT Perpetual Contract Launches with 25x Leverage

    Bybit Lists General Electric Perpetual Contract

    Cryptocurrency exchange Bybit has announced the listing of a new perpetual contract for General Electric (GE) against Tether (USDT), now available for trading with up to 25x leverage.

    The GEUSDT Perpetual Contract allows traders to speculate on the price movements of General Electric’s stock without holding the underlying asset. The contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

    Key details of the GEUSDT Perpetual Contract include:

    • Underlying Asset: General Electric (GE)
    • Settlement Asset: USDT
    • Tick Size: 0.01
    • Maximum Leverage: 25x
    • Capped Funding Rate: 2%
    • Funding Fee Settlement Interval: Every 8 hours
    • Trading Hours: 24/7

    The official website for General Electric is ge.com.

  • Max Open Interest Shifts for SOXLUSDT, DRAMUSDT Perpetual Contracts (Aug 1, 2026)

    Max Open Interest Shifts for SOXLUSDT, DRAMUSDT Perpetual Contracts (Aug 1, 2026)

    Bybit Adjusts Open Interest Limits for Perpetual Contracts

    Cryptocurrency exchange Bybit announced it will increase the maximum open interest for several selected Perpetual Contracts, effective August 1, 2026, at 7:30 AM UTC. The move aims to enhance the trading experience for its users.

    The adjustments will affect the following contracts:

    • SOXLUSDT: Max open interest will increase from 10% to 15%.
    • DRAMUSDT: Max open interest will increase from 10% to 15%.
    • QQQUSDT: Max open interest will increase from 10% to 15%.
    • SPYUSDT: Max open interest will increase from 10% to 15%.
    • SNDKUSDT: Max open interest will increase from 10% to 15%.
    • SKHYUSDT: Max open interest will increase from 10% to 15%.
    • SKHYNIXUSDT: Max open interest will increase from 10% to 15%.

    Further details regarding position size limits can be found in the exchange’s Help Center.

  • Jersey Mike’s (JMKE) Binance Stock Listing Announced

    Jersey Mike’s (JMKE) Binance Stock Listing Announced

    Binance to Offer Whole-Share Trading for JMKE Stocks

    Binance is set to expand its stock trading offerings and enhance user experience by enabling whole-share regular trading hours limit orders for JMKE stocks. This new functionality will be available starting July 30, 2026, at 09:05 UTC.

    Anticipating Market Opening Dynamics

    Drawing from historical patterns of high-profile initial public offerings (IPOs) on the New York Stock Exchange (NYSE), the JMKE stock symbol is not anticipated to open at the standard 13:30 UTC. The initial price discovery phase is typically a multi-hour process. Orders will be queued and will only be executed once the market officially opens for JMKE.

    The opening auction, also known as the Core Open Auction, is the mechanism by which the NYSE’s Designated Market Maker establishes the initial public trading price of a security. This is achieved either manually or electronically, based on the equilibrium of buy and sell orders.

    Trading Halts and Restrictions

    Limit Up Limit Down (LULD) bands are applicable to all National Market System (NMS) stocks, including IPOs. Should the price of JMKE move beyond these LULD bands, trading will be temporarily suspended. Regular trading will only recommence after the NYSE lifts any trading halt. During a halt, new orders cannot be placed. Market orders that are pending will be canceled, while pending limit orders will remain active.

    Partnered brokers may implement net buy restrictions or caps. In such scenarios, new buy orders could be rejected or blocked, although risk-reducing sell orders might still be permitted, contingent on the specific controls in place.

    Securities Lending and Eligibility

    Fully Paid Securities Lending (FPSL) for JMKE will become available once the shares from trades have fully settled, which typically occurs on the T+1 trading day.

    Trading of the newly introduced stock(s) is contingent upon user eligibility, determined by their country or region of residence.

  • Bybit Delists Two Tokens July 29

    Bybit Delists Two Tokens July 29

    Bybit to Delist Certain Assets from Bybit Alpha

    Cryptocurrency exchange Bybit has announced the delisting of specific assets from its Bybit Alpha platform, effective immediately. The exchange will no longer support these assets moving forward.

    Delisting Details

    The affected assets include:

    • Token Name: PANDU
    • Contract Address: 76rTxzztXjJe7AUaBi7jQ5J61MFgpQgB4Cc934sWbonk
    • Token Name: PANDU
    • Contract Address: 4NGbC4RRrUjS78ooSN53Up7gSg4dGrj6F6dxpMWHbonk

    Delisting Procedure and Timeline

    Holders of the delisted assets will have until August 5, 2026, at 8:00 AM UTC, to sell or convert their holdings. During this period, users can sell the assets at any time. Alternatively, they may convert them into supported settlement currencies, including USDT, USDC, SOL, or bbSOL, directly through Bybit Alpha.

    After August 12, 2026, at 8:00 AM UTC, any remaining holdings will be automatically liquidated. The liquidation process will prioritize selling assets in the following order: USDT, USDC, SOL, and finally bbSOL. The execution time and final settlement price will be contingent on on-chain liquidity, and a 0.5% liquidation fee will be applied.

    Important Considerations for Users

    Bybit has emphasized that assets purchased on Bybit Alpha cannot be withdrawn and can only be sold into the designated supported settlement currencies.

    To mitigate potential losses stemming from liquidity issues or price volatility, users are strongly advised to sell their affected assets before the stated deadline. Following automatic liquidation, any proceeds will be credited to users’ Unified Trading Accounts.

    Risk Disclosure

    Bybit reminds users that cryptocurrency trading carries substantial risk and may lead to the loss of invested capital. Individuals should ensure they fully comprehend the inherent risks, assess their experience level and investment objectives, and seek independent financial advice if necessary. Bybit disclaims any liability or responsibility for losses incurred through trading on its platform.

  • USDⓈ-M Perpetual Futures: Tick Size Updates

    USDⓈ-M Perpetual Futures: Tick Size Updates

    Binance Adjusts Tick Sizes for USDⓈ-M Perpetual Futures Contracts

    Binance announced today that it will adjust the tick size, the minimum increment for price changes, on several USDⓈ-M Perpetual Futures Contracts. The changes are scheduled to take effect on July 30, 2026, at 06:30 UTC. The move aims to enhance market liquidity and improve the overall trading experience for users.

    The adjustment is not expected to disrupt ongoing USDⓈ-M Futures trading operations.

    API Users Notified of Tick Size Changes

    Application Programming Interface (API) users will also see changes to tick sizes. Binance advises API users to consult the GET /fapi/v1/exchangeInfo endpoint to retrieve the most current tick size information for USDⓈ-M Perpetual Futures Contracts. Further details and updates will be available in the platform’s API Changelog.

    Existing orders will remain unaffected by the tick size update. Orders placed prior to the adjustment will continue to be matched using their original tick size parameters.

    Specific Contract Adjustments

    The following USDⓈ-M Futures contracts will have their tick sizes modified:

    • TSTUSDT: Tick size will change from 0.000001 to 0.00001.
    • LSKUSDT: Tick size will change from 0.0001 to 0.00001.
    • SAHARAUSDT: Tick size will change from 0.00001 to 0.000001.
    • SUPERUSDT: Tick size will change from 0.0001 to 0.00001.
    • MOCAUSDT: Tick size will change from 0.00001 to 0.000001.
    • USUALUSDT: Tick size will change from 0.00001 to 0.000001.
    • FOGOUSDT: Tick size will change from 0.00001 to 0.000001.

    Traders are encouraged to review Binance’s Trading Rules for comprehensive details and to adjust their trading strategies accordingly to mitigate any potential impact from these changes.

  • GIGADEVICEUSDT Perpetual Contract Launches with 25x Leverage

    GIGADEVICEUSDT Perpetual Contract Launches with 25x Leverage

    Bybit Launches GIGADEVICEUSDT Perpetual Contract

    Cryptocurrency exchange Bybit has announced the listing of the GIGADEVICEUSDT Perpetual Contract, with trading now live. The new contract offers users leverage of up to 25x.

    The GIGADEVICEUSDT Perpetual Contract is also accessible through Bybit’s Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

    Contract Details:

    • Contract Type: USDT Perpetual Contract
    • Underlying Asset: GigaDevice (GIGADEVICE)
    • Settlement Asset: USDT
    • Tick Size: 0.01
    • Maximum Leverage: 25x
    • Capped Funding Rate: 2%
    • Funding Fee Settlement Interval: Every 8 hours
    • Trading Hours: 24/7

    Official Information:

  • Binance Capital Connect: Delisting and Access

    Binance Capital Connect: Delisting and Access

    Binance Tightens Capital Connect Standards with New Delisting and Access Rules

    Binance is set to implement new delisting and access criteria for its Capital Connect platform, effective July 27, 2026. The move aims to maintain platform integrity and ensure a high-quality allocation experience for institutional investors and trading teams.

    Under the revised rules, trading teams may be removed from Capital Connect’s public listing if they meet specific inactivity or underperformance thresholds.

    Delisting Criteria for Trading Teams

    A trading team will be delisted from Capital Connect’s public listing if any of the following conditions are met:

    • Inactivity: A complete absence of trading activity for 30 consecutive days.
    • Underperformance:

    * For non-directional strategies, a cumulative return below -10% over 180 consecutive days.
    * For directional strategies, a cumulative return below -30% over 180 consecutive days.

    Binance will issue progressive warnings to trading teams 5, 3, and 1 day(s) prior to delisting, culminating in a final notification.

    Post-Delisting Procedures

    Following a delisting, a trading team’s portfolio will be removed from public view. Existing investor subscriptions will remain unaffected and continue to operate as normal. Trading teams will be eligible to reapply for public listing after a 90-day period.

    Investor Access Deactivation

    Investors who fail to submit a subscription request within 12 months of being granted Capital Connect access will be deactivated. Binance will provide progressive warnings at 60, 30, and 7 days before deactivation, followed by a final notification.

    Post-Deactivation for Investors

    Upon deactivation, an investor’s Capital Connect access will be revoked. Investors may reapply for access after 180 days, subject to standard eligibility assessments.

    Binance Capital Connect, launched as a portfolio marketplace for institutional investors and trading teams, has previously introduced features such as portfolio accounts and an Express Interest Only (EIO) mode.

    Binance reserves the right to amend or cancel this announcement at any time and for any reason without prior notice.

  • Crypto Exchange Shuts Down Following BitMEX

    Crypto Exchange Shuts Down Following BitMEX

    Crypto Exchange BitMart to Cease Operations

    The cryptocurrency market is witnessing a wave of closures, with BitMart announcing it will wind down its trading operations. This move follows a trend of exchanges shutting down amidst a particularly harsh bear market, a stark contrast to previous downturns where staff reductions were more common.

    BitMart, which launched during the 2017 bull market and expanded to support over 1,700 cryptocurrencies, stated it has begun an “orderly” cessation of its trading activities. New user registrations, deposits, and the opening of new trading orders have already been suspended. All trading services are slated to end a month from the announcement, with the platform officially shutting down at 15:59 UTC at the end of January. Withdrawals, however, will remain accessible.

    The exchange has urged its users to close their trading positions, complete any necessary Know Your Customer (KYC) procedures, and transfer their funds out of the platform promptly.

    A tweet from BitMart’s official account on July 26, 2026, confirmed the decision, citing a “careful evaluation of the Company’s operating conditions, market environment, and future strategic direction.”

    Token Plummets Amidst Shutdown News

    The native token of BitMart, BMX, experienced a significant price drop following the announcement, plummeting by over 60% within a 24-hour period. Prior to the news, BMX was trading at $0.32, but it fell to $0.09 by press time. The token remains 90% below its all-time high of $0.619, recorded in early 2024, according to CoinGecko data.

    Broader Industry Contraction

    BitMart is not the only platform to announce its closure recently. Just days prior, the cryptocurrency derivatives platform BitMEX, co-founded by Arthur Hayes, revealed it would cease operations on September 23. Despite its nearly decade-long presence in the market, BitMEX has seen a decline in user activity in recent years.

    The trend extends to decentralized exchanges (DEXs) as well. Odos, a popular DEX aggregator, announced on July 24 that it would halt all services by the end of July. Similarly, Dango, a competitor, made a similar announcement on the same day. The self-described ‘Endgame Exchange’ cited “various reasons” for its decision without providing specific details. Dango will stop trading on July 29, and its associated L1 blockchain will cease operations on August 13.