The leading Crypto Exchange Bybit has implemented a major delisting sweep this April, removing more than 20 spot trading pairs and two derivative contracts from the platform.
The move includes well-defined phases affecting a large number of digital assets, and requires user attention regarding key dates for deposits and withdrawals. The exchange also removes affected tokens from the direct swap conversion feature.
What is listed? Spot trading schedule
BYBIT detailed three stages of removal of spot pairs. At 8am on April 10th, the platform removed Kon/USDT, Ren/USDT, and XYM/USDT trading pairs.
heads up: The next deadline is April 16th to stop trading on ACA, Dice, Karate, MLK, Ame, SEOR and WLKN pairs.
However, the biggest batch of Removals will occur on April 18th, when BYBIT cancels LIS, MBS, OBX, Rond, Social, Thrust, 3P, and 1SOL to UTC at 8am.
After the cutoff time, all open orders for registered tokens will be automatically cancelled. The same token will be removed from the Spot Market and Bibit Conversion Tool. This allows users to exchange tokens directly.
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Which permanent contracts end with Buybit?
Beyond Spot Markets, Bybit has terminated two permanent contracts this month. The NULS/USDT permanent contract will be removed by UTC at 9am on April 14th, and two days later, on April 16th, the perpetual contract for prison/USDT will also be cancelled.
Open positions on these contracts will be automatically closed based on the average index price recorded 30 minutes before deletion.
Bibit said all related orders and trading bot actions, including these derivatives, will be cancelled. Trading operations using the same equipment will also be stopped.
Emergency deadline: Deposit and withdrawal management
For users, BYBit has established solid deadlines to handle these assets.
- deposit: Already stopped because of Xym, Ren and Kon (as of April 9th). Deposits for ACA Group (dices, karate, etc.) will be suspended on April 15th. Deposits will be suspended from April 17th in the LIS group (MBS, OBX, etc.).
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- drawer: It will remain open until mid-July, but with a final cutoff. The withdrawal will end forever on July 9th of Kon/Ren/Xym. July 15th for the ACA Group. July 17th for the LIS Group. Users who hold these assets should plan accordingly.
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