What Is the Impact of Bybit's Stellar Lumens (XLM) Network Maintenance on Transactions?

January 20, 2025 12:22 AM PST | By Team Kalkine Media

What Is the Impact of Bybit's Stellar Lumens (XLM) Network Maintenance on Transactions? — Image source: Shutterstock

Details of the Maintenance Schedule

The wallet maintenance will take place from 2:00 AM UTC to 4:00 AM UTC on January 21, 2025. During this period, the deposit and withdrawal services for the Stellar Lumens (XLM) network will be temporarily suspended. Any ongoing XLM transactions that have not been completed by the time maintenance begins may experience delays until the maintenance concludes and the services resume.

Impact on Bybit's Platform

Although the suspension of deposits and withdrawals on the XLM network will affect certain transactions, other platform activities will not be influenced. Trading, along with all other services on Bybit, will continue as normal during the maintenance window. Users can still engage in active trading without interruption, as the wallet maintenance is limited to specific functions related to XLM deposits and withdrawals.

Resumption of Services

Once the maintenance is complete, the deposit and withdrawal services for Stellar Lumens (XLM) will be restored. No further announcements are planned once the maintenance is concluded, and normal operations are expected to resume immediately after the two-hour window. Bybit's proactive approach to network maintenance ensures the integrity of the exchange’s services and the overall security of user transactions. These updates are essential for maintaining the reliability and performance of the platform, even though certain disruptions may occur temporarily.

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