By Jamie G - Cryptocurrency Specialist - 07-08-2021
In 2021, we have seen a spike in interest in investing in cryptocurrency; furthermore, there's been a significant increase in the number of retailers that accept crypto payments. The rise in interest also includes online-based merchants who are integrating crypto payment gateways.
One particular centralised exchange company is currently in the works to create a crypto-to-fiat hybrid gateway. MEXC Global, a European cryptocurrency exchange platform, has recently announced its collaboration with Alchemy Pay to make the project possible.
The new partnership provides MEXC exchange consumers with plenty of benefits; one example is that customers can deposit their fiat currencies directly onto the platform via credit or debit payments. The latest project of intertwining Alchemy Pay's payment gateway software with MEXC will also include the exchange platform's native crypto token, $MX.
By integrating the $MX coin to the gateway will increase the coin's usage value. The exchange platform's native token combined with Alchemy Pay would mean any of Alchemy Pay's retailers and users can purchase with $MX. The collaboration can further support global adoption for crypto investments as the hybrid payment gateway is designed to make cryptocurrency much more accessible.
Reportedly, Alchemy Pay has the first hybrid payment gateway allowing users to pay with crypto and fiat currencies, which is a giant push forward for the crypto community. Its partnership with MEXC to create a fiat on-ramp benefit all 6 million of the MEXC's users and helps the exchange target even non-crypto holders.
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely start investing 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