Bybit Announces End of Services in France
December 23, 2024 by Bitforum
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Bybit will cease withdrawal and custody services in France starting January 8, 2025, due to increasing regulatory pressure. Users are advised to withdraw their funds before this deadline to avoid potential complications. For unclaimed assets exceeding 10 USDC, Bybit will transfer them to Coinhouse, a licensed cryptocurrency custodian in France. Users will need to verify
Bybit will cease withdrawal and custody services in France starting January 8, 2025, due to increasing regulatory pressure. Users are advised to withdraw their funds before this deadline to avoid potential complications.
For unclaimed assets exceeding 10 USDC, Bybit will transfer them to Coinhouse, a licensed cryptocurrency custodian in France. Users will need to verify with Coinhouse to retrieve their assets. For balances under 10 USDC, Bybit will apply a termination fee of 10 USDC, which will be deducted from the available assets.
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