By Aaron - Cryptocurrency Retailer - 02-11-2021
This week, the CME Group, a leading foreign exchange company, released a statement to announce that the business is expanding its crypto derivatives marketplace once again. In the latest expansion, users that prefer investing in cryptocurrency can soon invest in Ethereum (ETH) futures. In the announcement, CME Group stated that they'd drop a new investment service by adding Micro Ether Futures on December 6. The release of a futures investment service with the second-ranked crypto-asset comes almost seven months after CME Group's announcement to issue Micro Bitcoin (BTC) futures. The Micro Bitcoin Futures is reportedly just 1/10 the size of 1 BTC. The idea behind micro futures services is to give investors a way to participate in the market. Similarly to BTC futures, ETH futures are also 1/10 the size of one ether token.
According to the CME Groups, the new service, Micro ETH Futures, provides a cost-effective solution that is an efficient way for investors from institutions to independent traders to buy Ethereum. In a press release published by CME Groups, they explained that buying ETH Micro Futures is a more efficient investment for crypto investors to hedge their spot Ether price risk or to execute any ETH trading strategy. The company stated that investors could use Micro Ether Futures while retaining the features and benefits of other larger ETH futures products available within the marketplace. The CME Groups have since released a statement to say that since they brought Ether Futures services to its native marketplace in February, the company has seen constant growth in liquidity from institutional investors in the contracts.
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely buy 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