Bybit is terminating withdrawal service for ZEND token.
Ecosystem ·
Bybit announced the termination of withdrawal services for the ZEND token, according to the exchange's official notice. The decision marks a delisting action on the platform, though the specific effective date and any transition period remain unspecified in available materials.
The reasons for Bybit's withdrawal of support for ZEND are not detailed in the announcement. This type of service removal typically signals reduced liquidity or listing activity on the exchange, potentially limiting users' ability to move holdings off the platform.
It is unclear whether deposits, trading, or other services related to ZEND will continue on Bybit following the withdrawal termination, or what recourse existing token holders have to move their balances before the service closes.