Bybit to Delist CANTO Perpetual Futures on August 12
CryptoNewsTerminal Staff07 Aug, 2024
Bybit to Delist CANTO Perpetual Futures on August 12
Bybit, a leading cryptocurrency exchange, has announced the delisting of its CANTO perpetual futures (CANTOUSDT) contract on August 12, 2023, at 19:00 (UTC). This move is part of Bybit's ongoing efforts to ensure a high-quality trading experience for its users. The decision to delist CANTO perpetual futures was made after careful consideration of the market conditions and trading activity for the contract. Bybit has determined that the delisting is in the best interests of its users due to a lack of sufficient liquidity and trading volume. Users who hold open positions in CANTO perpetual futures will be required to close their positions before the delisting date and time. Bybit will facilitate the orderly liquidation of open positions to ensure a smooth transition for all affected users. Customers are advised to manage their risk and adjust their trading strategies accordingly. Bybit remains committed to providing its users with a diverse range of trading products and services and will continue to monitor market conditions to ensure the best possible trading experience.
