Skinbid, one of the most well-known overseas skin trading platforms for Counter-Strike 2, officially declared bankruptcy and will completely cease operations. This platform with more than 400,000 users has always regarded itself as a formal trading market that is "fully compliant and compliant with EU law", but even with a large amount of investment, it has not been able to survive in the market.
Skinbid’s co-owners include well-known streamer Mark “Ohnepixel” Zimmermann and trader Zipel. Zipel said that the platform has been unable to achieve profitability during the four years of operation, and that trying to build a "legal and transparent" business model in the field of skin trading ultimately proved to be economically unsustainable.
The following is the official statement:
It is with a heavy heart that we share this important news with you. The SkinBid journey ends here. Four difficult but enjoyable years have come to an end. SkinBid ApS (the company that operates SkinBid.com) entered insolvency proceedings under Danish law on 21 November 2025.
Our website will remain available for all users to withdraw their balances and items. Withdrawals must be completed before December 5, 2025, please be sure to prioritize withdrawals.
