By Lewis - Cryptocurrency Enthusiast - 28-09-2021
We have seen exponential growth in the non-fungible token (NFT) industry as more investors buy crypto art pieces. Like investing in cryptocurrency, the NFT market is just as volatile, if not more so, attracting many risky investors looking to jump in the growing trend. Responding to the increasing NFT trends, the NFT collection The Financial Advisors Club had announced that they are now officially minting live.
According to the NFT collection's Twitter post, this announcement is the first of its sort within the crypto art industry. The Financial Advisors Club team has stated that they plan to create the first NFT to provide their holders with a tax break of up to 25%. Reportedly, the club consists of around 5,000 members who are, as the name suggests, financial advisors. Despite these financial advisors being a part of a club, they prefer to refer to themselves as "Degenerates." The Degenerates utilise NFTs from the club as profile photos on social media platforms.
So, what is The Financial Advisors Club? The club is a series of 10,000 uniquely made meme NFTs. The collection is available as an ERC721 token created within the Ethereum (ETH) blockchain. Crypto enthusiasts and fans need to first buy Ethereum token ETH to purchase the crypto art collection.
Despite the recent worldwide trend and heavy news media coverage regarding the NFT industry becoming a massive trend, NFTs have been around for a few years. NFTs are crypto assets that are bought, sold, and traded the same way any tangible piece of art is, but what makes it different is the non-fungible part. Art pieces that are a non-fungible token state that they are unique and cannot be copied or replaced.
If you are looking to Buy and Sell Ethereum, 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