By Max - Bitcoin Broker - 01/12/2021
In recent news, the second-ranking cryptocurrency, Ethereum (ETH), appears to be making a speedy recovery after falling below $4000. By the end of December 2021, the price to buy ETH had risen by 7%. The slight increase had put Ether back on the top ten list of best-performing cryptocurrencies. More recently, the cost to buy Ethereum had seen further gains as it pushes close to a new all-time high. The token had reached its high of $4,780 recently before falling back to $4,742 at the time of writing. According to statistics, Ethereum is only a 1% increase away from its record high of $4,850. From the beginning of the year til now, Ethereum has seen an increase of 530% in total. To put it into perspective, at the start of the year, the price to buy cryptocurrency token ETH costed around $736 per coin. The token’s price performance has steadily outpaced crypto giant Bitcoin (BTC).
Part of the dramatic increase over the last year is due to the Ethereum Network becoming a part of the Metaverse. Many investors and fans of the Metaverse have previously predicted this outcome where Ethereum will join the Metaverse. Since Ethereum is such a large ecosystem and houses not only non-fungible tokens (NFTs) but also decentralised applications (DApps), it’s undeniable how perfect Ethereum would be in the Metaverse. Despite the platforms continuous growth, there are a few things that Ethereum struggles to resolve, such as it’s high gas fees.
If you are looking to Buy Ethereum UK or Sell Ether from your wallet, then you can head over to BC Bitcoin where you can safely start investing in cryptocurrency 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