Margin Trading: Delisting of FTT

Nov 11, 2022Delistings

Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

We're writing to let you know that with effect from Nov 11, 2022, 17:00 UTC, Bybit will discontinue FTT assets as margin borrowable assets, margin assets.

Here is the delisting procedure on Nov 11, 2022, 17:00 UTC:

1. The system will cancel all of your unfilled orders on Margin Trading.

2. If you have outstanding FTT liabilities, the system will close part of your assets to return the liability portion of FTT and charge a 2% liquidation fee. You are advised to settle your liabilities in advance.

3. The system will delist FTT as a margin trading asset. Holding FTT may affect your risk level or even be liquidated. You are advised to to reduce your FTT position and keep your risk level in a safe range.

For more information about the risks and forced liquidation of Margin Trading, please refer to our Help Center.

We apologize for any inconvenience caused. Thank you for your support.