Bybit is terminating withdrawal services for ZEND token.
Ecosystem ·
Bybit has announced the termination of withdrawal services for the ZEND token, according to the exchange's official announcement. The decision removes a key liquidity channel for holders seeking to move their ZEND holdings off the platform.
The move represents a delisting or de-prioritization step, typically initiated when trading volume declines, regulatory concerns emerge, or the token fails to meet exchange standards. Bybit's withdrawal suspension leaves deposit and trading functionality status unclear—whether ZEND remains tradeable on the platform or faces full removal is not specified in available details.
The timing and scope of the termination remain undisclosed. It is unknown whether this reflects a broader shift in Bybit's token listing strategy or stems from issues specific to ZEND, and no statement from the ZEND project has been documented.