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Bybit to shut down NFT marketplace as trading volumes decline

  • April 1, 2025
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.

Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.

In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange offering initiative.

Related: Bybit: 89% of stolen $1.4B crypto still traceable post-hack

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