By Max - Crypto Broker - 04-11-2021
Solana (SOL) is a scalable application network backed by decentralised blockchain technology. Solana is one of the fastest networks in terms of transaction speeds. The platform can withstand multiple transactions while keeping costs low and affordable; these features turn heads in the crypto industry and rivals networks like Ethereum (ETH) and Cardano (ADA). In recent news, more Cardano users are packing up and moving to the Solana platform.
Ranking in terms of total market cap, SOL is listed fourth on CoinMarketCap. In comparison, ADA has fallen to sixth place on the real-time crypto website. Enthusiasts for investing in cryptocurrency are beginning to buy Solana over ADA due to its increasing popularity. Reportedly, avid ADA holders are feeling the tension as Solana takes its spot for fourth in market value. The reason for Solana’s sudden increase is due to Solana shattering its market capitalisation records, hitting $71,998,409,069. Sandwiched between the two is Tether (USDT) taking fifth place.
The current price to buy SOL is $238.74 as of writing with a trading volume of over $5 million. The network has made multiple achievements in the crypto space, for example, it has joined the FTX.US NFT marketplace and has been integrated into Crypto.com. In comparison to Cardano’s prices which is currently sitting at $2.04, Solana has recently hit its all-time high of $247.62. Despite Cardano appearing to not be progressing as much as Solana, the Cardano community still reigns supreme as even the CEO keeps ADA holders updated regularly.
If you are looking to Buy ADA coin or Sell Solana, then you can head over to BC Bitcoin where you can safely trade crypto 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