By Luke F - Cryptocurrency Dealer - 09-11-2021
An application within the Ethereum (ETH) ecosystem is currently seeing a spike in price to buy Ethereum Name Service (ENS). ENS is a decentralised autonomous organisation token (DAO) that is used within the platform usually for governance. The price to buy ENS crypto token has recently increased exponentially after a recent airdrop.
Ethereum Name Service is a protocol within the Ethereum Network that is used as a naming service similar to that of a domain name system (DNS). The protocol had recently released an airdrop to celebrate the new native token. ENS tokens were given to multiple Ethereum addresses as an incentive during the airdrop launch. Tokens were given to addresses that had achieved the necessary rewards conditions; some included buying NFTs. As of current, any NFT holders within the Ethereum Name Service platform can now claim ENS. Reportedly, there have been some holders that have claimed more than $20,000 worth of ENS tokens. This airdrop method helped the price to buy, sell, and trade ENS crypto rise greatly and raised the coins market cap to over $500 million.
According to the protocol, in order for users to receive the tokens, they did need to meet the conditions first. When meeting the base requirements to claim the tokens, users' initial steps start with multiple governance actions. Ethereum Name Service further considered what other conditions would be needed for users to claim the tokens; one other factor includes the time an ENS address holder has had their domains.
If you are looking to Buy and Sell ENS, 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:**
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