We are saying bye to our exchange services to focus on Cashlink and here is why

Hey Bundlers,

For the past 3 years of our operations, you have been part of our success story, and we want to say a huge thank you. 

As we celebrate our achievements of the last 3 years, including Cashlink crossing over 3 million transactions and Bundle hitting  50,000 monthly active users and $50m monthly volume on Bundle, we also want to announce that Bundle’s exchange services (Buy and sell/Deposits and withdrawals) are ceasing operations as we focus on expanding the services of Cashlink as a payment.

‍Why is Bundle leaving the  Market?

• We will cease operations of its exchange services as part of the Shareholders' decision to restructure the business to focus on cashlink.
• As Web3 and the blockchain community continue to grow, there is a need to focus on payment solutions that meet the ecosystem's needs, which is the plan with Cashlink. 

‍What should Bundlers expect from this exit as a Nigerian user?

1. Withdraw all your funds from Bundle to any exchange of your choice.
2. If you’re holding NGN, you can withdraw it through Cashlink into your bank account.
3. Withdraw your funds into your bank account through P2P express.
4. If you are holding less than $10 in your account, you can withdraw with the link provided. Please note, you cannot withdraw less than $10 from your Bundle account. Here’s a link to help you choose a blockchain to move your funds with.
5. If you are holding a USDT value of $2 or less, please transfer your asset to another wallet through SOL or MATIC blockchain. 
6. Please note, the last day for withdrawal if you have less than $10 is the 30th of August 2023.  After this day your funds will be automatically converted to USDT.

‍What should Bundlers expect from this exit as a Ghanaian user?

1. Withdraw all your funds from Bundle to any exchange of your choice.
2. To withdraw your money directly from the app to your account, please use Cashlink.
3. You can also convert your GHS to USDT & transfer to any other wallet of your choice.
4. If you are holding less than $10 in your account, you can withdraw with the link provided. Please note, you cannot withdraw less than $10 from your Bundle account. Here’s a link to help you choose a blockchain to move your funds with.
5. Please note, the last day for you to convert to USDT is the 30th of August 2023 after this day your funds will be automatically converted to USDT.

‍What should Bundlers expect from this exit as a Kenya and Francophone user?

1. Withdraw all your funds from Bundle to any exchange of your choice.
2. If you’re holding KES or XAF please convert it to USDT and withdraw it through the blockchain or transfer it to another wallet.
3. If you are holding less than $10 in your account, you can withdraw with the link provided. Please note, you cannot withdraw less than $10 from your Bundle account. Here’s a link to help you choose a blockchain to move your funds with.
4. Please note, the last day for you to convert to USDT is the 30th of August 2023 after this day your funds will be automatically converted to USDT.

From the date of this announcement, you won’t be able to do the following on Bundle.

1. Sign up on Bundle
2. Deposit assets into your Bundle wallet.
3. Swap assets in your Bundle wallet (except USDT).
4. Withdraw with Cashlink if you do not have NGN or fiat on Bundle.

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If you have questions or concerns, please join our community AMA on the 22nd of July 2023, the Bundle team will be happy to answer any questions.

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