Urgent Bybit Delisting: Strategic Alternatives for NUTS and XAR Holders

The crypto market is no stranger to volatility, but the recent delisting of NUTS and XAR tokens from Bybit has created a fire drill for holders. Bybit announced that trading of NUTS/USDT and XAR/USDT pairs will cease on September 10, 2025, at 8 AM UTC, with deposits for these tokens disabled just 24 hours earlier on September 9 [1]. This abrupt move underscores the fragility of token liquidity and the need for proactive risk management. For NUTS and XAR holders, the clock is ticking—and the stakes are high.

Why the Delisting Happened

Bybit’s decision to delist these tokens stems from their chronic low liquidity, which makes it impractical for the exchange to convert them into stablecoins like USDC [2]. This aligns with Bybit’s broader strategy to prune its token offerings, retaining only assets with sufficient trading activity. While the exchange has not explicitly cited regulatory concerns, the timing coincides with a broader industry trend of platforms tightening compliance and reducing exposure to speculative tokens.

Immediate Actions for Holders

Holders must act swiftly to avoid losing access to their assets. Bybit will automatically remove all open orders for NUTS and XAR on September 10, and any remaining balances will be inaccessible post-delisting [1]. The first step is to withdraw these tokens before the deposit cutoff on September 9. However, withdrawal is only half the battle—holders must also navigate the fragmented landscape of alternative exchanges and liquidity solutions.

Alternative Exchanges and Fee Structures

While Bybit is exiting the NUTS and XAR game, other platforms may still offer liquidity. Based on 2025 fee structures and blockchain support, here’s a breakdown of viable options:

1. Binance: A powerhouse with 0.1% maker/taker fees (reduced to 0.075% with BNB), Binance supports over 2,700 trading pairs and has a history of fast token listings [2].
2. OKX: Offers free AUD deposits and withdrawals, making it cost-effective for Australian users. Its wallet supports 60+ blockchains, including Bitcoin BRC-20 tokens [3].
3. Kraken: Known for 0% maker fees and competitive taker fees (0.25%), Kraken’s deep liquidity pools could help mitigate slippage for low-volume tokens [2].
4. Changelly: While it charges 1%–7.1% fiat deposit fees, it supports over 921 cryptocurrencies and offers a maker-taker fee structure as low as 0% for PRO accounts [3].

Liquidity Solutions Beyond Exchanges

For tokens like NUTS and XAR, which struggle with liquidity, interchain solutions are emerging as a lifeline. Projects like Squid Router aim to unify liquidity across blockchains using automated market makers (AMMs), enabling seamless cross-chain transfers [4]. While still nascent, such tools could reduce the friction of moving assets between exchanges. However, users must remain cautious about cross-chain security risks, including smart contract vulnerabilities and bridge exploits.

Risk Mitigation in a Volatile Market

The crypto market’s inherent volatility demands disciplined strategies. Here’s how holders can protect themselves:
- Stop-loss orders: Automate exits if prices drop beyond predefined thresholds [5].
- Diversification: Spread holdings across multiple tokens and blockchains to reduce exposure to individual failures [5].
- Cold storage: Transfer tokens to non-custodial wallets post-withdrawal to avoid exchange-specific risks [6].
- Volatility filters: Use trailing stops or trailing take profits to lock in gains during upward trends [5].

Conclusion: Act Now, Adapt Later

The Bybit delisting of NUTS and XAR is a wake-up call for crypto holders to prioritize liquidity and risk management. While alternative exchanges and interchain tools offer pathways forward, the window to act is rapidly closing. For those who move quickly, the crisis could become an opportunity to reposition assets in a more resilient ecosystem. But for those who delay, the result may be irreversible losses in a market that never waits for second chances.

Source:
[1] Bybit Announcements, [https://t.me/s/Bybit_Announcements?before=7255]
[2] 8 Best Crypto Exchanges with Lowest Fees in 2025, [https://nftevening.com/lowest-fees-crypto-exchange/]
[3] OKX Review (2025), [https://www.finder.com.au/cryptocurrency/exchanges/okx-exchange-review]
[4] Squid Router and the Future of Interchain Liquidity, [https://medium.com/@DigitaliaJadeElise/squid-router-and-the-future-of-interchain-liquidity-2ccf622cb033]
[5] Crypto Risk Management Strategies for Trading (2025), [https://changelly.com/blog/risk-management-in-crypto-trading/]
[6] All of My Money Was Stolen. I Never Shared My Phrase., [https://www.reddit.com/r/ledgerwallet/comments/1lewlhe/all_of_my_money_was_stolen_i_never_shared_my/]