Dear User,

Bybit EU will remove USDQ as a collateral and lending asset effective 4 August 2026 at 09:00 CEST. Bybit EU will also delist the USDQ/EUR and USDQ/USDT Spot trading pair effective 4 August 2026 at 09:00 CEST.

The affected Spot trading pairs are:

Bybit EU is committed to maintaining a secure and reliable trading environment for its users. In line with Bybit EU's token management rules, listed tokens and projects are regularly reviewed to ensure they continue to meet performance and compliance standards.

Please review the timeline below and take action before the relevant deadline.

Deposits — Closing 4 August 2026, 09:00 CEST

From 4 August 2026 at 09:00 CEST, deposits for USDQ will no longer be accepted. Any USDQ deposits submitted after this time will be rejected.

Trading — Ending 4 August 2026, 09:00 CEST

From 4 August 2026 at 09:00 CEST, the following changes will apply:

• Spot trading for USDQ/EUR and USDQ/USDT will end.
• All open orders for USDQ/EUR and USDQ/USDT will be automatically cancelled.

Withdrawals — Withdrawal-Only Mode from 4 August 2026, 09:00 CEST

From 4 August 2026 at 09:00 CEST, withdrawals for USDQ will remain open for 3 months to allow users to move their funds.

After the 3-month withdrawal window ends, if you have not converted or withdrawn your USDQ, Bybit EU will attempt to convert your remaining USDQ balance into USDC at prevailing market rates within 2 to 3 weeks, provided there is sufficient market liquidity to execute the conversion.

Please note that this automatic conversion will be subject to standard exchange fees.

If a lack of liquidity or extreme market conditions prevent the conversion, Bybit EU will no longer be able to support or process the affected asset. In this event, your remaining USDQ balance may become unrecoverable on our platform, which may result in a complete loss of those funds.

What You Need to Do

Please take the following actions before the relevant deadlines:

• Review and manage any Spot Margin Trading collateral or lending-related activity involving USDQ before 4 August 2026 at 09:00 CEST.
• Exchange your USDQ before Spot trading ends on 4 August 2026 at 09:00 CEST, or withdraw your USDQ before the 3-month withdrawal window ends.

Bybit EU remains committed to providing a reliable trading experience for its users.

If you have any questions, please contact Customer Support or reach out via your local community channels.

The Bybit EU Team