By Harry B - Crypto Specialist - 01-10-2021
Buying and selling crypto art has become one of the top new ways of investing. Traders who initially invest in cryptocurrency look toward other volatile markets like non-fungible tokens (NFTs). The NFT market contains endless collections ranging from digital art to game characters.
A video-focused social media app has also taken to the NFT market to produce its own collection. TikTok, a social media platform specialising in short-video-based content, has announced its first NFT collection TikTok Top Moments, which is now available for purchase in the market. Reportedly, the new collection was made by the app's users known as "TikTokers," which were inspired by the platform's videos.
TikTok Top Moments will ultimately help artists be acknowledged and realise their objectives within the TikTok community, which will benefit the general public. According to the creators of the NFTs, the new collection will help content producers of the platform gain deserved recognition worldwide. By utilising the NFT marketplace, TikTokers may be able to receive incentives to help them with their content creation.
According to CoinQuora, the social media platform's users will witness a "valuable and culturally significant" event on TikTok. The article regarding the TikTok NFTs further explained that investors could buy the collection through the Ethereum (ETH) network and will be driven by Immutable X. Because the creators of the collection are utilising Immutable X Layer-2, this means investors won't need to pay gas fees.
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely trade 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