Nigerian fintech ceases crypto exchange operations, urges asset withdrawal.
on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink.
According to the statement, all Bundle users are advised to withdraw their assets from the app on or before September 12, 2023. However, the company specified steps for its users in Nigeria, Ghana, Kenya and other francophone-speaking countries to successfully withdraw their assets.Users in these locations can withdraw their funds from Bundle to any exchange they prefer. Nigerian users have the option to withdraw NGN using Cashlink or transfer funds to their bank account through P2P express.
Ghanaian, Kenyan, and Francophone users can withdraw via Cashlink or convert their local currencies to USDT and transfer the funds to other wallets. However, they must meet the minimum withdrawal amount of $10.and made its intellectual property available for sale.
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