Copy link
Increase text size
Decrease text size
Link copied

Crypto marketplace is closing down after six years of operation

Image by

Mon, 20 Apr 2020, 10:48 am UTC

Crypto marketplace announced that it will be closing down.

“Purse is closing down. It’s been our privilege serving bitcoiners all around the world. To everyone who used our products, told their friends, or helped us in any way, thank you…” the message on its website read.

In another post, Purse said that it made the difficult decision to dissolve the company and expressed its gratitude to those who helped build its products and infrastructure for the crypto community.

Purse will continue to support ongoing orders and withdrawals until June 26, 2020, to ensure that all transactions and accounts are settled. The firm has disabled new signups since April 16.

It will also disable the “Shop” and “Earn” functionalities on April 23. Meanwhile, open orders will be canceled. will cease its operations on June 26, 2020.

“If you have a balance on, please withdraw all funds as soon as possible,” the announcement read. “It's been a privilege serving people all around the world. We're thankful for our customers who used increasing bitcoin's utility and distribution. We're also thankful to all the developers and companies who continue to support open source projects including Bcoin and HSD. Thank you for helping us make crypto useful.”

Customers who have questions or concerns can reach out to support team via email at [email protected].

In February, South Korea-based cryptocurrency wallet Bitberry also announced that it would be shutting down. Upon the announcement, it requested its users to withdraw their funds from the platform and added that it would not be charging withdrawal fees.

“We have decided to close the business due to the market deterioration and uncertainty of the blockchain industry,” said Jang Sung-hoon, CEO of Root One Soft, the operator of the wallet.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $13,520.60 (-0.42%)
  • Ethereum (ETH) $383.00 (-2.22%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $261.01 (-2.46%)
  • Chainlink (LINK) $11.15 (-2.08%)
  • Bitcoin (BTC) $13,520.60 (-0.42%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.