Bittrex is listing new USD Trading pairs for Ethereum Classic and Ripple
Cryptocurrency exchange Bittrex has announced plans to introduce new USD trading pairs for Ripple and Ethereum Classic as part of their phased approach. Users will now be able to make their purchase or sale of Ethereum classic or Ripple through their platform. The exchange plans to add more markets and trading pairs over an extended period, with the most recent launching on the 20th August.
Bittrex has stated they are to continue expanding their fiat markets to the most popular tokens and coins. This is to offer a comprehensive service and experience to purchase cryptocurrency with US dollars through Bittrex. The company will continue to add USD pairings for tokens for the convenience of their customers to access blockchain projects.
Bittrex is implementing a phased approach for USD pairings to analyse the systems and processes before making them accessible to qualified customers. Currently Bittrex corporate and personal account customers can apply for the USD trading pairs who live in applicable states or international regions, noting that more areas are to be included. Both corporate and personal accounts must fill out a request form to apply. Whilst the service is not available to everyone, successful applicants can use the platform to cash out crypto for USD.
The phased approach allows Bittrex to stress test their systems and provide them with enough time to fully evaluate which tokens to introduce a USD pairing with. Further to the introduction of new USD trading pair, tokens currently listed can apply for their token to be listed with USD as a trading pair. The Bittrex team invites companies with revolutionary blockchain projects to go through their application process to get a USD trading pair.
You can sell Ethereum Classic and Ripple through our platform BC Bitcoin; so check it out.
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