io.net(IO) New Listing on Bybit Pre-Market

Get ready for an exciting journey into with the unveiling of io.net (IO) on Bybit. Here's what you need to know:

Mark Your Calendars

• IO Deposit Opens: Jun 11. 2024. 8AM UTC
• Pre-Market Closure: Jun 11. 2024. 12PM (noon) UTC
• Spot Listing Time: Jun 11. 2024. 12PM (noon) UTC
• Settlement Time: Jun 11. 2024. 4PM UTC

Automated Token Delivery

Please take note of the following:

1. Token delivery will be automatic and exclusively through the Unified Trading Account (UTA).
2. Sellers must have enough IO tokens in their UTA before Jun 11. 2024. 4PM UTC. If you're participating in Pre-Market Trading with a Subaccount, ensure that the corresponding Subaccount contains sufficient IO tokens for delivery before the settlement time.
3. Once the token is delivered, sellers will receive the payment in their UTA. If sellers don't have enough IO tokens before the settlement time in their UTA, they will forfeit all their collateral.
4. Partial delivery is not allowed.
5. Delivery occurs only ONCE at the designated settlement time.
6. The delivery time may extend beyond 30 minutes. Buyers are kindly requested to be patient. The delivered IO tokens or the USDT collateral paid by the seller in default will be credited to the buyer's UTA.
7. 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.

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