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AgoraDesk to Shut Down After Nearly 7 Years in Operation

AgoraDesk to Shut Down After Nearly 7 Years in Operation

May 8, 2024

AgoraDesk to Shut Down After Nearly 7 Years in Operation

AgoraDesk, the no-KYC (Know Your Customer) peer-to-peer Bitcoin trading platform, has announced the beginning of the end for its services. The platform has been operational for almost seven years, but due to undisclosed internal and external factors, the decision has been made to terminate its operations.

The announcement, which was made on the platform's official website, stated, "After almost 7 years of operation, due to a combination of internal and external factors, we have made the difficult decision to close our platform." The message was accompanied by an expression of gratitude towards their user base: "We're extremely thankful for the love and support we've received over the years. We couldn't have done it without you. We love you all."

The winding-down process is set to commence immediately and is expected to conclude in six months' time. The platform has outlined a timeline for its shutdown process:
- As of now, all new signups and ad postings are disabled.
- On May 14th, 2024, the platform will disable the ability to initiate new trades.
- The website will be completely taken offline on November 7th, 2024.

AgoraDesk has encouraged all existing users to finalize any open trades and to reclaim any funds from their arbitration bond wallet before the final shutdown date to avoid forfeiture. The platform's support staff will remain available to help users throughout the closure process.

Users seeking to delete their personal data from the platform can do so through the account settings on the website, but the feature is not available on the mobile app.

The team signed off their announcement with a heartfelt message: "It's been a pleasure and a privilege helping the community."

AgoraDesk Announcement

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