Be part of Our Telegram channel to remain updated on breaking information protection
Bybit, the staff behind the favored cryptocurrency trade Bybit CEX, has tweeted about non-fungible tokens. This bullish tweet has left many crypto customers on X (previously often called Twitter) astonished, contemplating that the platform not too long ago closed down its non-fungible token market platform. Is the Bybit staff planning to return to the worldwide non-fungible token market?
Bybit Tweets About NFTs
In a Might 15 weblog publish, the Bybit staff tweeted concerning the definition of NFTs, stating “non-fungible token, a digital factor you may personal that nobody can even when they right-click save.” This tweet has sparked completely different sensations amongst crypto X customers. A number of crypto X customers have already began making their guesses, with one consumer sharing that Bybit could quickly launch an NFT decentralized trade.
— Bybit (@Bybit_Official) Might 15, 2025
Launched in March 2018, Bybit is among the outstanding digital forex exchanges that enables customers to purchase, promote, and commerce a wide range of cryptocurrencies, together with Bitcoin, Ethereum, and different digital belongings. Through the years, Bybit crypto trade has shortly gained reputation for its deal with derivatives buying and selling, significantly perpetual and futures contracts. The crypto trade platform permits crypto customers to commerce over 650 cryptocurrencies throughout spot, margin, and futures.
Bybit beforehand operated a non-fungible token market platform that allowed customers to purchase, promote, and commerce non-fungible tokens throughout completely different blockchain networks. Bybit’s NFT market was meant to be user-friendly, particularly for brand spanking new crypto customers. In line with Bybit, the NFT market platform was slated to permit anybody who desires to take part in its NFT market to create an account and get began in a matter of minutes.
Sadly, Bybit closed its NFT market on April 8, 2025. This choice got here after a big decline in NFT buying and selling volumes, with each day volumes dropping 70% year-over-year and over 95% since peak ranges in December 2024. The closure was additionally attributed to Bybit’s efforts to streamline its operations and deal with its major buying and selling actions.
Does Bybit Plan To Flip Again Into NFTs?
Bybit’s exit from the NFT market was a part of a broader NFT pattern, which left different main NFT platforms like X2Y2, Kraken, RTFKT, and LG additionally closing or saying closures of their NFT platforms. The current tweet means that the Bybit staff continues to be bullish on NFTs and will discover their approach again into the market sooner or later. Within the meantime, the Bybit staff has not shared any future plans about NFTs.
Bybit is cooking one thing up
— Crypto bandit (@b_andit55) Might 15, 2025
Associated NFT Information:
Finest Pockets – Diversify Your Crypto Portfolio
- Simple to Use, Characteristic-Pushed Crypto Pockets
- Get Early Entry to Upcoming Token ICOs
- Multi-Chain, Multi-Pockets, Non-Custodial
- Now On App Retailer, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Month-to-month Lively Customers
Be part of Our Telegram channel to remain updated on breaking information protection