Bybit is terminating withdrawal service for ZEND token.
Ecosystem ·
Bybit is ending its withdrawal service for ZEND token, according to the exchange's official announcement. The termination marks a reduction in trading infrastructure support for the asset on the platform.
The decision to halt withdrawals typically signals reduced operational commitment to a token pair and can restrict user liquidity options. Traders holding ZEND on Bybit may face constraints in moving funds off the exchange, though the announcement does not specify a timeline or clarify whether trading and deposits will continue.
No rationale has been provided for the service termination, and it remains unclear whether this reflects broader concerns about the token, low trading volume, or routine exchange maintenance of less-active pairs.