Dear Blogabet members,


Unfortunately, BVNK has terminated our Crypto payments with immediate effect and without prior notice. As a regulated platform, they had too much trouble with parts of our customers, i.e. many transactions linked to Russia, Iran etc.


We can not disclose more details as they are confidential, but we will not change our policies and do not plan to implement KYC for customers at the moment.


We are working on a new crypto payment solution and it is expected to go live within 1–2 weeks.


Also, the offboarding procedures at BVNK are expected to take about the same time, during which we will not have access to the funds that were in that account, i.e. we are waiting for an withdrawal from BVNK account either bank transfer or crypto, they still have not communicated the exact procedure.


In result, Crypto deposits and withdrawals are currently on hold and expected to be resumed by the end of the month.



Also, Paypal withdrawal limits are temporarily decreased to 1000 EUR per tipster per 30 days as we expect some tipsters that were using both Crypto and Paypal to flock now for the Paypal option while the relevant funds are still locked in BVNK and not available yet.


Kind regards,
Blogabet Team