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Upcoming NFT Market Decommissioning Plan

Dec 15, 2024WEB3
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.
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We are implementing a phased decommissioning of Bybit's centralized NFT Market as part of our ongoing efforts to optimize platform offerings and focus on future-oriented strategies.

Please review the detailed timeline and changes below to prepare for a smooth transition:

Phase 1: Notification

Date: Dec 16, 2024

• A public announcement will be issued to inform all users about the decommissioning.

• A prominent pop-up notification will appear on the NFT Market front end to ensure visibility.

Phase 2: Withdrawal-Only Period

Date: Jan 16, 2025

Duration: Three (3) months

• Trading functionalities will be disabled.

• Deposits for NFTs will no longer be accepted.

• Buttons for purchasing and listing NFTs will be grayed out, with clear guidance displayed on the platform.

• Users will be redirected to their Personal Center to manage withdrawals.

Phase 3: Full Decommissioning

Date: Apr 16, 2025

• The centralized NFT Market entry point and all related functionalities will be removed entirely.

• Original NFT Market URLs may redirect to the NFT Pro platform.

What This Means for You

• We strongly encourage all users to withdraw their NFTs during the Withdrawal-Only Period to avoid any issues.

• After April 16, 2025, access to the centralized NFT Market will no longer be available.

We are committed to ensuring a smooth transition and will keep you updated at every stage of this process. For any questions or assistance, please contact our Customer Support.

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