Bybit is terminating withdrawal service for ZEND token.
Ecosystem ·
Bybit has announced the termination of its withdrawal service for ZEND token. The move signals a reduction in support for the asset on the exchange.
The specifics of the withdrawal suspension—including the effective date, any grace period for existing withdrawals, or whether deposit and trading services remain available—are not detailed in the available announcement. Typically, such actions reflect low trading volume, regulatory concerns, or operational decisions by the exchange.
It remains unclear whether this represents a temporary measure or permanent delisting, and whether other major exchanges plan similar actions regarding ZEND. No statement from the ZEND project has been provided in response.