Bitcoin Forum

Bitcoin Exchange and Wallet Service Snapcard Will Halt Operations On May 1st

Running a successful bitcoin business is not an easy task these days. Not only is it difficult to gain market traction among other competitors, but some regions require companies to obtain specific licenses. Snapcard is a service that allows users to buy bitcoin on their Snapcard Bitcoin Wallet. Unfortunately, it appears this service will come to a halt very soon, and the focus will shift to the Masspay product line.

SnapCard Will Cease Operating On May 1st

It is always a shame to see platforms facilitating bitcoin purchases go offline after a while. In some cases, platforms have disappeared overnight without offering any type of explanation. Thankfully, the Snapcard team announced their change in business model themselves, giving users every possible chance to move their funds off the platform in the coming weeks.  After all, Snapcard is a bitcoin wallet first and foremost, storing a lot of funds on behalf of customers.

Full Read Here: http://thebitcoinnews.com/bitcoin-exchange-and-wallet-service-snapcard-will-halt-operations-on-may-1st/ (http://thebitcoinnews.com/bitcoin-exchange-and-wallet-service-snapcard-will-halt-operations-on-may-1st/)