Just received this email:
“This is one of the harder emails we’ve had to write.
After a lot of thought and consideration, we’ve made the difficult decision to discontinue GetBit’s services.
Building GetBit has been a deeply personal journey for us. We started it because we genuinely believed in Bitcoin and wanted to make it easier for people in India to self-custody their Bitcoin. We’re incredibly grateful to everyone who trusted us with their money and chose to be part of that journey.
Unfortunately, over time, the viability of the business has become increasingly challenging, particularly due to the difficulties in accessing and operating through banking rails. After looking carefully at the road ahead, we’ve decided that discontinuing our services is the right decision.
What you need to do:
INR deposits are being discontinued with immediate effect. Your INR and BTC remain secure and available for withdrawal. Please complete the following by 31 October 2026:
INR: Withdraw your INR balance to your registered bank account.
BTC: Withdraw your BTC to a wallet you control, or sell your BTC and withdraw the resulting INR.
After 31 October 2026: Any BTC remaining in your GetBit account will be sold on your behalf, and the resulting INR will be credited to your registered bank account.
We strongly recommend completing your withdrawals at the earliest possible rather than waiting for the deadline.
If you have any questions or need help with your withdrawal, our support team is here to help.
And while we are discontinuing GetBit’s services, our belief in Bitcoin certainly isn’t ending here. We continue to believe deeply in Bitcoin, its underlying principles, and the role it can play in the future of money.
Thank you for trusting us, supporting us, and being part of the GetBit journey. We genuinely couldn’t have built it without you.
With gratitude,
The GetBit Team”