Bybit Will Delist ZK/USDT Perpetual Futures on June 7th 9PM Korean Standard Time
CryptoNewsTerminal Staff03 Jun, 2024
Bybit Will Delist ZK/USDT Perpetual Futures on June 7th 9PM Korean Standard Time
Bybit, a well-known cryptocurrency exchange, has announced its decision to delist the ZK/USDT perpetual futures trading pair from its platform. The delisting will take effect on June 7th, 2023, at 9 PM Korean Standard Time (KST). The exchange cited insufficient liquidity for the ZK/USDT perpetual futures contract as the primary reason for its removal. This means that the trading volume for this particular contract had been too low to maintain a healthy and active market. Users holding open ZK/USDT perpetual futures positions will need to close them before the delisting time to avoid any potential losses. The exchange will also automatically close any remaining open positions at the prevailing market price at the time of the delisting. Traders should take note of this upcoming change and adjust their trading strategies accordingly. For more information on the delisting and other related matters, users are advised to refer to Bybit's official announcement.
