Bybit is terminating withdrawal service for ZEND token.
Ecosystem ·
Bybit has announced the termination of withdrawal services for the ZEND token, according to the exchange's official announcement. The move restricts users' ability to withdraw ZEND holdings from the platform, effectively reducing liquidity access for the asset on the exchange.
The specific effective date, any transition period for existing holders, and whether deposits or trading will remain available are not detailed in the available material. It remains unclear whether this reflects broader issues with the ZEND token itself, reduced trading volume, or a strategic decision by the exchange regarding its asset listing.