Purse.io, a popular niche website that allowed users to spend their Amazon Gift cards and in return they used to get Bitcoin or Bitcoin Cash. Today, Purse has made an announcement that it is going to close its doors on June 26th 2020.
Here is the email that is sent to its users.
We’ve made the very difficult decision to dissolve the company. We’re grateful for the opportunity afforded by our supporters to build products and infrastructure for the cryptocurrency community.
To everyone who used our products, told their friends, or helped us in any way, thank you.
We will continue to offer support for ongoing orders and withdrawals until June 26, 2020 to ensure all transactions and accounts are settled.
As of today, April 16, 2020 new signups have been disabled. Shop and Earn functionality will be disabled next week on April 23, 2020. Open orders that have not been matched will be canceled. Purse.io will cease all operations on June 26, 2020. If you have a balance on purse.io, please withdraw all funds as soon as possible.
It’s been a privilege serving people all around the world. We’re thankful for our customers who used purse.io 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.
If you have any questions or concerns, please email our support team at firstname.lastname@example.org
Just last year, Purse added support for Bitcoin Cash. Roger Ver, promoter of Bitcoin Cash was one of major investors in Purse.io and we must applaud him for supporting this niche website for such long time.
Update – 4/27/2020
Purse.io has updated that it now under new leadership and no longer closing.
Since the announcement below, we have received an incredible outpouring of support from the community, causing us to reconsider our decision. Several parties – including well known bitcoin advocates, high volume users, and established cryptocurrency companies – reached out with interest in acquiring purse.io.