Important Announcement: Bybit to Remove PELL, PURSE, and TRC – Essential Actions for Traders

Bybit Delisting Announcement: Bybit will delist the tokens PELL, PURSE, and TRC from its spot trading markets, with the final trading halt set for 08:00 UTC on December 23. Traders must act quickly to manage their holdings before this deadline.

Impact on Holdings: After the delisting, users will no longer be able to trade these tokens on Bybit, but they can withdraw them to a private wallet or another exchange that supports them. It's crucial to check withdrawal deadlines to avoid losing access to the tokens.

Reasons for Delisting: Bybit's decision to delist these tokens may stem from factors such as low trading volume, project issues, or regulatory concerns. This aligns with the exchange's efforts to maintain a healthy trading environment.

Action Plan for Traders: Traders should review their portfolios, decide whether to sell or withdraw their tokens, and complete all actions at least 24 hours before the delisting deadline to avoid potential issues. Staying informed about exchange updates is essential for effective trading.