Bitcoin Buying: Update for Texas Residents

As of January 31st, 2023, Fold be temporarily disabling bitcoin purchases on the Fold App for Texas residents.

This is because our custodial partner, Prime Trust, will be discontinuing services to Texas residents as they sort out a renewal of their Money Transmitter License (MTL). Due to this development, we unfortunately must temporarily pause Fold Bitcoin Buying for users residing in Texas.

Fold is actively working to restore services to Texas residents as soon as possible, and will keep you updated.

All bitcoin already purchased in the Fold App is safe and secure. If you are a Texas resident then you will have until March 15th to withdraw your purchased bitcoin.

To withdraw:

  1. Tap the orange “₿” logo in the bottom-right of the home screen

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  2. Tap "WITHDRAW"

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  3. Open the email from our custodial partner Prime Trust (noreply@api.primetrust.com) and follow the steps to confirm your withdrawal.

For full details on withdrawing your bitcoin, visit: How To Withdraw Bitcoin Purchased On Fold.

 

For additional assistance, feel free to contact our support team here.

Updated

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