Source: Temitope Akintade/ Technext
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.
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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.
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Source: Temitope Akintade/ Technext
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