When purchasing via Bank Transfer, our Buy Coins page will provide you with a total amount of your chosen currency to spend on your order with all fees transparently displayed. Our fee via this payment method is 4% for Bitcoin (BTC) and 5% for all other coins, and once your order exceeds €/£5,000, your order will be subject to a 4% fee. Once payment is received, an experienced member of our team will complete the trade at the best available rate and send the coins directly to your provided wallet address. With a bank transfer, the rate of coin is achieved once your trade is executed.
Alternatively, if you choose to pay via Debit/Credit card, you are provided with an amount of the coin you will achieve for the order total. If you are happy with the amount of coin you will receive, you may proceed in making payment, noting that this amount of coin is locked in. Debit/Credit card payments are approximately 2.5% more expensive than a bank transfer, but this can vary depending on different market conditions. This valuation is a guaranteed amount and once payment is complete, the coins will be sent directly to your submitted wallet address.
If you are looking to Sell your Cryptoassets, our Sell Coins page will provide you with a valuation of how much money you would receive for your coins. This locked in valuation is based on the live market prices with our fees already deducted, provided that your coins are received in a reasonable timeframe. If you are happy with the valuation, you may send your coins to our wallet address and once received, we can process a payment directly to your bank account.
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