Bybit, one of the leading crypto currency exchanges, announced that it plans to close the non -figure market platform, inscription market and the first DEX offer (IDO) platform. The announcement appeared a few days after the X2Y2 NFT Market ended its operation. In this article, we will explore some factors that push Bybit from the NFT market.
It comes out of Bybit NFT Market
In the 01 April blog post, Bybit stated that it was part of the commitment to adjust the product roadmap and improve the user experience, and confirmed his plans to exit the non -figure. This amendment will enter into force at 16:00 (UTC) on April 8, 2025, and then NFT product pages will no longer be accessed. Users are advised to take the necessary steps to manage their digital assets before the cutting date.
As part of our commitment to setting our product roadmap and developing user experience, Bybit Web3, NFT market, inscription marketplace and IDO product pages will leave the product pages as 16:00 (UTC) on April 8, 2025.
📢 Check the details: https://t.co/zgstpiqe02 pic.twitter.com/9jhnsaztqy
– Bybit web3 (@Bybit_web3) April 1, 2025
Bybit is a popular crypto currency exchange known for its high leveraged trade options, offers a user -friendly platform with advanced features such as copy trade, trade boots and Bybit Gars. For traders of all levels, an ultra -fast matching engine provides a professional trade platform with high quality customer service and multilingual community support.
Bybit runs a secure, safe, transparent and efficient futures platform with more than 20 million users worldwide and offers more than 230 continuous and futures agreement. It has strong security measures, including cold storage and very special wallets that provide a safe trade environment. The crypto platform also has an NFT market designed for ETH NFTs and an inscription market designed for Bitcoin Ordinals.
Bybit user directives
By the way, Bybit recommended OpenSEA visits the Magic or Blur to control and exchange users NFT collections. The inscription advised NFT Marketplace to exchange Bitcoin Ordals with other markets such as Unisat and Magic. Bybit Web3 cloud wallets, AirDroped coins, Bybit IDO participants must transfer their coins to Bybit web3 seed wallet wallets or special key wallets.
The Bybit Crypto exchange participates in the rapidly growing crypto projects list that closes NFT markets. In March 2025, the X2Y2 closed the NFT market. In January 2025, Quidd, a NFT market under Animoca brands, announced its closing. MakersPlace, another digital art market platform, closed its operations at the beginning of 2025 due to “ongoing market difficulties öz after six years of operation.
Related NFT News:
Best Wallet – Diversify Your Crypto Portfolio
- Easy to use, feature guided crypto wallet
- Provide early access to the upcoming Jeton ICOs
- Very chain, very wallet without wallets
- Now at the App Store, Google Play
- Pile to win the best of domestic coin
- More than 250,000 active users per month
