By Mark Lemon – Cryptocurrency Dealer
The Bitcoin.com exchange has added support for Pirate Chains coin (ARRR), the security-focused cryptographic token protected by ZK-Snorks innovation, as reported by the news section of Bitcoin.com. The developer of the chain delayed proof-of-work of the network and said they expect to create a highly secure and anonymous digital currency. The ARRR id is verified by the hashrates of Bitcoin and Komodo.
Captain of the private chain, Draeth, commented on the Bitcoin.com exchange posting: “it is difficult to find a large exchange that is willing to list privacy coins”. This is mainly due to the increased regulations and scrutiny regarding buying crypto classified as a privacy coin. Organization or partnership is also usually required which goes against the ethos of Pirate Chain and the decentralisation of the technology.
Bitcoin.com Exchange was launched in early September 2019 as an easy platform to trade cryptocurrencies. It is a platform where you can buy Bitcoin and buy crypto. The platform uses enterprise-grade encryption, two-factor authentication (2FA) and IP whitelisting to protect user accounts. Available digital assets include ADA, ATOM, BCH, BTC, EOS, ETC, ETH, LTC, ONT, TRX, USDT, Waves, XLM and XRP.
You can find many more cryptocurrencies listed on our platform for your cryptocurrency trading. Even if you cannot find one listed, you can contact us to see if we can source it for you. Just head over to our website where you can see we are the most trusted Bitcoin broker in the UK, with a lot of positive feedback. With us you can exchange Bitcoin or buy and sell crypto quickly, easily and without any hassle.
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