Bybit will regularly review each token listed to ensure a healthy trading environment, thus protecting the rights and interests of traders. If a token fails to meet Bybit's stringent listing requirements, the Bybit team will conduct an in-depth review and may delist the token and its trading pair.

 

 

 

Delisting Process

Once the token is delisted, the following situations may occur:

 

1. Suspend some or all associated trading pairs;

2. Suspend token deposits;

3. Suspend token withdrawals. 

 

Before suspending withdrawals, users will have a buffer period to withdraw delisted tokens. 

 

If users fail to withdraw their delisted tokens before the given buffer period, Bybit will exchange the delisted tokens for the equivalent USDT (according to the current market price) if market conditions permit. Please note that this exchange process is expected to take two to three weeks.

 

 

 

 

 

 

 

 

Exchange Rules

1. If there is sufficient liquidity in the over-the-counter (OTC) market after the token withdrawal is suspended, Bybit will convert the delisted tokens into equivalent USDT at the market price, and distribute USDT to the user’s Spot Account proportionally after deducting transaction fees.

 

2. If there is insufficient liquidity in the OTC market after the suspension of withdrawals, no transactions will take place, and the value of the delisted tokens will become zero. Users will not be able to see delisted tokens in their accounts.

 

3. If the asset value after the delisted token is exchanged is less than 0.01 USDT, Bybit will not release the converted USDT to users' Spot Accounts. 

 

Notes: 

— Due to market fluctuations, users are advised to withdraw tokens in advance to avoid losses. 

— The withdrawal and exchange process takes time. Users are requested to be patient, and allow time to complete all processes.

— Bybit reserves the right to amend, change or cancel delistings at any time, and for any reasons, without prior notice.

 

To learn more about Bybit's Token Management Rules, please visit here.