By Harry B - Crypto Speculator - 02-10-2021
Ethereum (ETH) is an open-sourced decentralised blockchain platform and home to the second-ranked cryptocurrency with the crypto coin ticker ETH. Ethereum is one of the larger blockchain networks that allows users to experience what seems like a never-ending ecosystem. Developers can build DApps and even create new crypto assets, some popular altcoins are Ether-based, where people can buy Shiba Inu (SHIB) and other cryptocurrencies.
According to a recent study, many institutional investors have been interested in buying Ethereum and other altcoins. The interest in Bitcoin (BTC) alternatives is said to have been growing gradually throughout institutions. However, Bitcoin investment assets are reportedly at their lowest share this year, with a decline of 7.8% in a September financial report.
A research study held by CryptoCompare stated that Ether products accounted for the majority of all assets under management within the month of September. According to the report, it appears that institutional investors may be trying to diversify their cryptocurrency portfolio.
Bitcoin often tends to be the more popular choice as it is the coin with the most potential and leads the pack of altcoins. However, altcoins are far more volatile and have a greater potential of bringing in even more money while also bringing in more risk. Reportedly, the Grayscale Ethereum Trust (ETHE) was the most traded asset in September, averaging $250 million in trading volume. The ETHE has seen a 29% increase since the month of August and has since dethroned the Grayscale Bitcoin Trust (GBTC).
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely start trading today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards