Nigerian peer-to-peer crypto marketplace, Buycoins has announced that it will be shutting down one of its offerings known as Buycoins Pro.  According to reports gathered online, the Bitcoin exchange sent a letter to its users to announce that it will be ‘sunsetting Buycoins Pro.’ Per the statement, the vertical will be sunsetted in the coming days.
As part of the process, the company says the withdrawal of assets will remain accessible for the next 3 months. Also, users can still trade with Buycoins Over-the-Counter (OTC) service through Desk.
“We genuinely appreciate your understanding and cooperation during this period. We understand that changes like these can be inconvenient, and we’re committed to assisting you in any way we can to facilitate a smooth sunsetting process. We extend our heartfelt thanks for being a part of the Buycoins Pro community. Your feedback, engagement, and support have been instrumental in shaping our platform. Should you have any queries or need assistance, please don’t hesitate to reach out to our support team at[email protected].” – The company added in the statement.
Notably, Buycoins had one app at launch in 2017. But later on, it metamorphosed into Basic and Pro. The former was for buying and selling (investing) digital assets while the Pro version which just got shut down was for advanced technical traders.
It is also worthy of note that the Basic version was rebranded into Accrue in October of last year when Buycoins acquired Accrue which is still active.