Bybit is terminating withdrawal service for ZEND token.
Ecosystem ·
Bybit is ending withdrawal services for the ZEND token. The exchange's decision signals a shift in its token support, though the specific timing and reason for the termination were not disclosed in available announcements.
The move affects users holding ZEND on the platform who will no longer be able to withdraw their holdings, though deposit and trading functionality status remains unclear. Such delisting actions typically reflect low trading volume, regulatory concerns, or strategic portfolio adjustments by the exchange.
It is not yet known whether other major exchanges plan similar actions or whether the ZEND project has issued a response to the withdrawal suspension.