Memo to community and way ahead
After careful consideration, we are shifting from a real money gaming platform to a free-to-play, casual social gaming platform focused on fun and entertainment. Keeping that in mind we have stopped deposits of all users as well as stopping trading activities. This change is driven by the heavy 28% GST tax, which favours bigger players and made growth and profitability difficult for us. Your existing funds are safe and accessible. To ensure a smooth transition, we have taken the following steps.
- Withdraw anytime via the platform until May 30, 2025 or via email by June 30, 2025.
- After that, please raise a ticket at support.tradexapp.co or email us at support@tradexapp.co by June 30 to request withdrawal of any remaining balance.
- To make it easy, we have reduced the withdrawal fee for users who have already done more than 2 withdrawals in the month of May.
- To make it easy we have increase the max daily withdrawal limit to 50,000 INR and reduced minimum limit to 10 INR. It will help you withdraw your complete balance in few days max.
- With this update, all the reward programs are stopped now and there’s no incentive in trading anymore.
We still believe in prediction markets and crowd wisdom in a world full of misinformation. But sadly, we have parted ways. We appreciate you being part of our community. As founders, we believe in building products. Though we were unable to sustain the journey of prediction markets, that doesn’t mean we can’t create something new. As someone said, it’s not the end but the beginning of something new. With the same passion, we are now working hard to launch a fresh, fun, free-to-play social gaming experience for you.
Stay tuned for updates. Thank you for being part of our community.
Team TradeX
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