CJ - Cryptocurrency Enthusiast
Magic Eden, a Solana-based NFT marketplace, has become a leading platform for trading digital collectibles through its introduction of Ordinals. Magic Eden's development has been significantly influenced by BTC DeGods, a collection of inscriptions by the founders of the most valued Global NFT crypto project. According to statistics enthusiast Domo, Magic Eden started exchanging inscriptions just over a week ago and currently represents more than half of the number of Ordinals traded across other marketplaces.
The handling of higher-value Ordinals sales is helping Magic Eden catch up, even though it still lags behind Ordinals Wallet in terms of daily total transactions. The migration of traders to the well-known marketplace's most recent offering may be influenced by the relationship between DeGods and Magic Eden on Solana. According to Tiffany Huang, Head of Marketing at Magic Eden, the platform expects to witness increase in both creator and user numbers on Ordinals. Given that prominent names like Yuga and DeGods are involved, many creators are eager to investigate it.
The popularity of Bitcoin-based Non Fungible Tokens is on the rise, leading to a growing demand for platforms that can facilitate easy and secure trading of these crypto assets. The success of Magic Eden in snatching up a sizeable portion of the Ordinals market indicates increased interest in the platform and its capacity to offer consumers a flawless trading experience. In the future, Magic Eden's ability to keep its competitive advantage in the industry will be key to its growth and success. This will entail keeping up with the most recent trends and advancements in the NFT market industry and consistently enhancing the platform's user experience with new features.
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