Bybit Daily Announcement | Crypto Investors Face Rewards and Challenges
Edited By
Markus Lindgren
On April 11, 2025, Bybit announced a high-yield staking opportunity alongside significant delistings, drawing mixed reactions from the crypto community. The tough decision to remove several trading pairs has raised eyebrows, prompting discussions on the platform's direction.
Staking Opportunity: Up to 100% APR
Bybit's new staking option allows people to stake $BABY with returns up to 100% APR. Users are encouraged to take advantage, as one comment noted, "Now we can trade the king of metals on the king of exchanges! 👑⚡️ #XAUT #Bybit"
Upcoming Delistings: Community Reaction
In a critical update, Bybit announced the delisting of multiple tokens, including $LIS and $MBS. These changes are set to take effect on April 18, 2025, at 8 AM UTC.
Details of Delistings:
Trading pairs affected: LIS/USDT, MBS/USDT, OBX/USDT, ROND/USDT, SOCIAL/USDT, THRUST/USDT, 3P/USDT, 1SOL/USDT.
Deposits for these tokens will cease after April 17, 2025.
Withdrawals will be unavailable after July 17, 2025.
User Concerns and Comments
The announcement has sparked a variety of sentiments:
One commenter expressed frustration with the platform’s customer service: "Still waiting for deposit to be credited. Ticket #16889077 — please help."
Another user lamented, "They stole ur money like they did to me," highlighting growing distrust among certain members of the community.
A particularly desperate plea came from a user struggling with a frozen account, asking for help to access savings needed for family support.
"It's been a couple of months now, and my account is still frozen," the user stated.
Mixed Messages from the Community
The community remains divided over the developments. Some view the staking offer as a lucrative opportunity, while others fret over the implications of the delisting. The trade-offs are clear, but not everyone is satisfied with Bybit's choices.
Key Takeaways
🔥 High Yield: Stake $BABY for up to 100% APR.
⚠️ Delistings effective April 18, 2025, impact several trading pairs.
💭 "Still waiting for deposit to be credited" - Concerned commenter.
🚨 $LIS, $MBS, and others removed, causing unrest among people.
What does this mean for crypto traders? These changes might require quick adjustments in strategy amidst a sea of lively opinions.