Lootbear Is Shutting Down

Lootbear helped shape the skin economy. Now, Tradeit.gg is stepping in to support our users and keep that momentum going.

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After years of serving the gaming community, we’re officially announcing that Lootbear will shut down on May 31st, 2025. While it’s never easy to say goodbye to something we’ve poured so much into, we’re committed to leaving things in good hands. To help with the transition, Tradeit.gg has stepped in to support Lootbear users and suppliers by taking over the bots and basic support infrastructure — so you can continue managing your items without disruption.

While this isn’t a continuation of Lootbear itself, it’s a way for your items — and the value you helped create — to carry on securely and reliably.

A Look Back How Lootbear Changed the Skin Industry

When we launched Lootbear, the idea was simple: make high-tier skins accessible to everyone, not just the wealthy few. At the time, owning premium skins required either massive upfront investment or endless grinding. Lootbear flipped that model on its head by introducing the first skin rental system that combined affordability, ownership, and reward — giving users access to premium inventories while letting suppliers earn a revenue share from their unused skins.

This wasn’t just a marketplace. It was a two-sided economy:

• Gamers got more for less, enjoying the thrill of high-end inventories.

• Suppliers earned passive income from items that would otherwise sit idle.

We helped thousands of users build dream inventories, paid out millions in revshare to suppliers, and proved that accessibility, fairness, and profitability could co-exist in the skin economy.

Why the Transition?

After years of building and evolving Lootbear, the team behind it is now moving on to explore new ventures and projects. To ensure that suppliers and users can continue managing their items without disruption, Tradeit.gg has stepped in to help support the Lootbear community during this transition.

Tradeit will be taking over the bots and basic support infrastructure, allowing you to continue accessing, managing, and trading your Lootbear items directly on their platform. While Tradeit is not responsible for issues related to Lootbear’s past operations, they’re committed to making the transition as smooth and reliable as possible moving forward.

A Heartfelt Thank You

What Happens on June 1st?

On June 1st, Lootbear.com will redirect all users to Tradeit.gg. For suppliers, this transition will be seamless:

• You’ll find a new "Lootbear" tab on Tradeit with all your items.

• You’ll be able to manage, sell (at a preferred rate), trade, or withdraw your skins instantly.

• Tradeit’s 24/7 live chat support will be there to help you with anything you need.

• Lootbear account balances will not automatically transfer to Tradeit.
  If you still have a balance after May 31st, you’ll need to contact Tradeit support to recover it manually. We strongly recommend using your balance before the shutdown to avoid delays.
  
  
  

Why Tradeit?

Tradeit.gg is one of the most trusted names in the skin trading space, it’s a skin trading ecosystem trusted by millions. They’re official partners of Team Vitality (the #1 CS2 team), Faceit, and many top creators and pro players. Their reputation for security, transparency, and scale makes them the perfect home for Lootbear’s community.

To our users, suppliers, and community: thank you. 

Lootbear started as a bold idea and grew into something bigger than we could have imagined — because of you. Your trust, feedback, and loyalty helped reshape how skins are shared, owned, and valued in the gaming world.

From the bottom of our hearts: thank you. You helped make skin history.

As we move on to new things, we’re proud to leave your inventory in good hands with Tradeit.gg. The platform is built for scale, built for security, and built for you.

We’ll see you on the trade side.

– The Lootbear Team
 Now supported by Tradeit.gg 😉