Bybit Web3, the Web3 division of cryptocurrency exchange Bybit, has announced the discontinuation of support for its NFT Marketplace, Inscription Marketplace, and IDO solutions starting April 8, 2025.
Bybit Web3's Decision
As part of a strategic initiative to optimize its ecosystem and improve user experience, Bybit Web3 is ceasing support for its NFT Marketplace, Inscription Marketplace, and IDO solutions.
Asset Management Guidance
Users are advised to manage their assets before the discontinuation date. The following platforms are recommended for checking and trading NFT assets:
- ETH Chain: OpenSea, Blur, Magic Eden - Mantle Chain: Element Marketplace, Mintle
For IDO participants, it is recommended to transfer tokens to Bybit Web3 seed phrase wallets or private key wallets.
Management Commentary
Bybit remains committed to its vision of advancing Web3 through continuous innovation and improvement.
These updates highlight Bybit Web3's commitment to being a leader in blockchain technology, focusing on innovation and enhancing user experience.
