By Kenny S - Cryptocurrency Speculator - 06-09-2021
The cryptocurrency trading world has seen a massive spike in global interest over the last year. More non-investors have taken to the market to start investing in cryptocurrency. We are seeing more and more new coins being created and sold on major crypto exchange platforms in the crypto market. One specific category we see pop up more often is DeFi-based cryptocurrencies.
Hitting the crypto media in recent news is the DeFi project, TRON (TRX). Taking to the social media platform Twitter, the CEO of TRON, Justin Sun, posts a tweet to celebrate the Total Value Locked (TVL) on TRON. The CEO thanked all contributors and investors of the DeFi cryptocurrency who helped TRON rise through the ranks.
Justin Sun stated that he believes TRON's TVL is actually worth more than $11 billion within a tweet. The DeFi project reached $11 billion as of September 6; despite the high accomplishment, the CEO believes the project can go higher. The TRON blockchain network itself is becoming very popular and gaining traction each day.
Within the TRON network, the ecosystem has been expanding into various side projects. One project, in particular, is the Sun network; while designed to work alongside the TRON protocol, this project helps DApps run on TRON with lower energy consumption and faster speed.
In a more recent project, TRON and BitTorrent (BTT) recently announced their collaboration in creating the BitTorrent Chain (BTTC). The networks plan to use this to build a cross-chain bridge for seamless asset transfers and data throughout multiple chains.
If you are looking to Buy and Sell cryptocurrency, but you’re not sure where is the best website to buy Bitcoin (BTC), then you can head over to BC Bitcoin where you can safely start investing 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