Singapore’s Fully Compliant and Fully Regulated Exchange, Bityard is Making Crypto Trading Simple and Easy for Newcomers
By Max Steadman – Cryptocurrency Speculator
Bityard is a comparatively newer cryptocurrency exchange based in Singapore. Bityard aims to capitalize on Bitcoin investing market spaces that other crypto trading platforms have failed to fill. Apart from this, it also offers state of the art execution tools along with institutional-level liquidity to its users.
Bityard was launched back in 2019 in Singapore, with a forward-thinking motto to make crypto trading simple while taking the “complexity out of contracts.” They aim to transform the process of cryptocurrency trading, making it as simple as possible. The purpose behind its founding was that current solutions for trading both popular and large-cap cryptocurrencies, such as Bitcoin, Ether and XRP, are not particularly transparent or beginner-friendly.
Bityard, on the other hand, wants to make the trading process simpler and accessible for the everyday crypto user with little to no knowledge of the digital ecosystem, much like our platform, BC Bitcoin. The brand ambassador of Bityard is Buakaw Banchamek, who is a famous Thai boxer. His popularity will significantly help draw the attention of millions of users and this is expected to help propel the exchange to the next level.
The mobile and online interface of Bityard is very simple and user-friendly. Unlike other crypto exchanges, the whole signup process in Bityard will take no more than a minute. The user only must provide their mobile number or email address. Once their system registers this information, a secure and unique multi-asset wallet will be instantly generated. This is assigned to the user immediately and once completed, all trading services become available. Though sign-up is easy, security does not seem to be at the forefront.
An additional bonus of the platform is that account holders can easily start trading with only a small deposit to meet their minimal balance requirement. Bityard will permit you to open an account with just $5. A great option that will allow many to use the exchange regardless of their socio-economic background.
Please remember to head over to our platform where you can Buy and Sell cryptocurrency, speak with a member of our team, or even explore our coin guides to learn more about your favorite project. Remember, buying Bitcoin should not be difficult, so speak to your trusted Bitcoin broker 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