Topic: BloomX.App closing (Read 113 times)

What an actual foock?

Wala man lang post si Luis Buenaventura sa facebook page niya na mag close na pala yung bloomx.I still remember his facebook profile from before na naka post pa yung link ng exchange sa profile highlights niya tapos ngayon wala na haha. Hindi na ba siya affiliated don?

Honestly, I've never heard of this app before. Meron din dati yung rebit.ph ngayon wala na din hindi ko alam kung kailan nawala pag check ko ng domain nila for sale na. Yung rebit naman yun din ginagamit ko alternative sa coins.ph. Ngayong natutunan ko na yung P2P sa Binance na disregard ko na sila pareho ni Coins.ph at Rebit.ph

Kapag talaga kulang sa marketing, advantage features compared sa iba globally or local platform, especially compare sa rates/fees ay talagang mawawalan ng activity or rekta mawawalan ng customers. Unfortunately, ganyan talaga ang business, napaka risky.

Deposit functionality has been suspended on bloomx.app. 

If you haven’t already, please close your account by logging in and following the instructions on your account's settings page.

Trading functionality will remain open until August 7, 2023

Remember, you don’t need to sell your coins.  You can transfer/withdraw them to another exchange or wallet. 

For Bitcoin, we recommend using Nunchuk or BlueWallet.  If you're a little familiar with Bitcoin wallets, they shouldn't be a problem for you to use without a tutorial, but just in case, here are tutorials:

- Nunchuk: https://www.youtube.com/watch?v=K4KrcYWr9G0

- BlueWallet: https://www.youtube.com/watch?v=imMX7i4qpmg

If you have other coins, we recommend Coinbase Wallet as a self-custody wallet.  Or, you can transfer your coins to any other exchange where they are supported.


Again, feel free to email us by replying to this if you have any questions.

Thanks!


Israel Keys

CEO of BloomX

Honestly, I've never heard of this app before. Meron din dati yung rebit.ph ngayon wala na din hindi ko alam kung kailan nawala pag check ko ng domain nila for sale na. Yung rebit naman yun din ginagamit ko alternative sa coins.ph. Ngayong natutunan ko na yung P2P sa Binance na disregard ko na sila pareho ni Coins.ph at Rebit.ph

Aww, sayang, pero ganyan talaga ang nature ng business pag involved ka sa crypto, hindi mo talaga alam kung ano ang ihip ng hangin. So pag sasabay ka lang sa hype na katulad ng ginawa nila, pag natapos na ang hype eh tapos na rin ang business mo.

So nag shift na sila ng focus nila ngayon, so hindi natin alam kung makakabalik or babalik sila at sakyan na namang ang bagong hype sa susunod na bull run. But this time talaga for long term.

Tama si OP, mag withdraw na kung meron pa kayong natitirang crypto sa kanila.

After careful consideration, we have decided to close bloomx.app.

We initially created BloomX App to address a growing need in the play-to-earn space in the Philippines and provide cheaper access to cryptocurrencies for the everyday Filipino.  It was an experiment for us and our first foray into the crypto retail space.

There are now more options in the Philippines to buy and sell crypto.  It’s great to see.  So we’ve decided to wind down bloomx.app and re-focus our attention on our remittance and OTC services.

To close your account, log in and follow the instructions on your account's settings page.

We’d like to thank you for being an Early Access user.  We’ve learned a lot developing this application and hope to be in touch again in the near future!


Note: functionality on the application will be closed in stages:

On July 24, 2023: deposit functionality will be suspended.  As a user, you will still be able to trade and withdraw but will no longer be able to top up your account with crypto or Pesos.  You can use this time to transfer your crypto to another exchange or wallet and withdraw your Pesos to your bank account.

On August 7, 2023: all trading functionality will be suspended.  You will still be able to access your account, but only to withdraw or liquidate your funds.


I understand that this decision may affect some of our more regular users. Please reach out to me by replying to this email so we can explore how our other services could address your needs.


Thanks again for all your support and understanding.


Israel Keys

CEO of BloomX