By Kenny S - Cryptocurrency Enthusiast - 02-10-2021
After Elon Musk's tweet stated that he wants Bitcoin (BTC) investing to be environmentally friendly, the thought of investing in cryptocurrency and supporting climate change projects were two topics that would butt-heads. Since the slight downfall in the crypto industry due to assets not utilising renewable energy, many cryptocurrencies and miners are now looking to run more sustainably. Even a few assets promote and reward the use of renewable and sustainable energy sources such as Solarcoin.
Another crypto asset has taken to the market not only to promote sustainability but also to award it. CYCE is a cryptocurrency built on one of the largest blockchains, Ethereum (ETH). CYCE was created using ERC-20 standards within the Ether infrastructure. According to the cycecoin platform, CYCE was built to provide a solution for climate change and establish a "sustainable and positive environmental impact." With these plans, CYCE also aims to permanently affect the cryptocurrency trading industry to become much more environmentally friendly.
CYCE has a reward program to award 80% of its native cryptocurrency to businesses that run sustainably by using resources that are renewable. Furthermore, the project plans to support future facilities to "make them more valuable" as they form and grow over the next few decades. The 20% is said to support the plan to establish carbon-neutral Biomass Energy Plants. According to CYCE, the company hopes to wean the world by relying on unsustainable fuels. The long-term goal is to hope that future generations can see the advantages of a healthy planet.
If you are looking to Buy and Sell Bitcoin, 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