Bybit to pause EGLD deposits and withdrawals for MultiversX upgrade
Bybit will suspend MultiversX (EGLD) deposits and withdrawals from 04:00 UTC on Oct 21, 2026, ahead of a network upgrade expected 35 minutes later. Trading is stated to be unaffected.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
Bybit announced that it will support the MultiversX (EGLD) network upgrade expected on Oct 21, 2026 at 04:35 UTC. To do so, EGLD deposits and withdrawals will be temporarily suspended starting Oct 21, 2026 at 04:00 UTC. Bybit states that other activities, including trading, will not be affected. The source does not establish any required action for users; it only notes that no further announcement will be made about resumption and that users can set an alert on the Deposit or Withdrawal page to be notified when service resumes.
On this page
- 01
Bybit is supporting the MultiversX (EGLD) network upgrade, expected Oct 21, 2026 at 04:35 UTC.
- 02
EGLD deposits and withdrawals are suspended from Oct 21, 2026 at 04:00 UTC.
- 03
Bybit states trading and other activities will not be affected.
Key timeline
EGLD deposits and withdrawals on Bybit are temporarily suspended.
MultiversX (EGLD) network upgrade is expected to take place.
EGLD deposit and withdrawal services resume; Bybit says it will not issue a further announcement.
Who may be affected
- Bybit users who deposit or withdraw EGLD via the MultiversX network
Impact analysis
The confirmed operational effect is limited to EGLD deposits and withdrawals on Bybit, which stop at 04:00 UTC on Oct 21, 2026, 35 minutes before the upgrade is expected. Bybit explicitly states that trading and other activities are unaffected, so the pause does not extend to trading in this announcement. The source does not say how long the suspension will last or when services will resume. Because Bybit says it will not publish a further resumption announcement, users who want notice must rely on the alert option on the Deposit or Withdrawal page. Users outside the EGLD deposit and withdrawal scope are not assigned any effect by the source.
What the announcement does not say
The source does not disclose the expected duration of the suspension, the exact resumption time, or what users should do with in-flight deposits or withdrawals around 04:00 UTC. It also does not describe the upgrade's technical content or any post-upgrade compatibility requirements.
Risk notes
- Deposits and withdrawals of EGLD via MultiversX are unavailable from 04:00 UTC on Oct 21, 2026 until an unannounced resumption.
- Bybit states it will not issue a further announcement when services resume, so users relying on announcements may miss the restart.
- The source does not address the status of transactions initiated close to the suspension time.
- This article is only for verifying official exchange announcements and is not investment or trading advice.
- This article verifies official exchange announcements and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Will EGLD trading on Bybit be paused?
No. Bybit states that trading and other activities will not be affected; only MultiversX (EGLD) deposits and withdrawals are suspended.
When will EGLD deposits and withdrawals resume?
The source does not say. Bybit states there will be no further announcement on resumption and directs users to set an alert on the Deposit or Withdrawal page.
Do I need to take any action?
The announcement does not establish a required action. It only offers an optional alert for notification when deposit and withdrawal services resume.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.
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