David – Crypto Speculator
The firms announced recently that PayPal will integrate its buy, sell, and hold cryptocurrency services with MetaMask Wallet to give users more alternatives for transferring digital assets from their platforms.
According to a press release, a collaboration between the payment provider and MetaMask creator ConsenSys will let users select their PayPal accounts as a payment option to purchase ETH from within the software. The product is designed to make it simple to purchase ether and transmit it to MetaMask using PayPal.
At a time when the industry is searching for a future path during the crypto winter, MetaMask hopes that the product will assist in attracting more users to the Web3 ecosystem.
Lorenzo Santos, the product manager has stated in a recent news release: “This integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem.”
As PayPal plans to roll out the service to the remainder of its U.S. clients over the coming few weeks, certain U.S. customers can utilise the new offering as of right now.
The launch comes after PayPal's drive in June to make it possible to transfer cryptocurrency between its own platform and a number of well-known crypto exchanges. In October 2020, the fintech company launched its cryptocurrency buy, sell, coin holdings, and crypto assets services.
If you are looking for more information about MetaMask, visit BCBitcoin – a cryptocurrency trading platform, which lets you buy and sell cryptocurrency. Here you can find a guide about MetaMask wallet and how to set it up. Once you set up your Metamask account you can buy any crypto currency at BCBitcoin and send preferred coins directly to your Metamask wallet.
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