By Tyler - Cryptocurrency Broker - 03-11-2021
Popular cryptocurrency exchange platform, AscendEX has recently announced a new listing on its platform. The platform where investors can buy and sell Bitcoin (BTC) and other altcoins have released a statement that staking and governance token Covalent (CQT) will be available to buy. The trading pair that AscendEX will be publishing for investors is CQT/USDT. The latest pairing release will commence at 1 p.m. UTC on November 3rd. The announcement said that Covalent would offer individual API for buyers to access all chain data. AscendEX stated that they are aiming to make on-chain data public, more accessible, affordable, and open for the next one billion customers.
Covalent CQT is a governance and staking token that is used to reward validators for answering questions on the platform. Users of the platform and holders of CQT can vote on changes within the platform. Covalent is known for decoding large blockchain networks, which helps to give developers access to a uniform API. Seven known blockchains and every wallet have access to countless blockchain data points and are supported using the same API. Thanks to Covalent, every wallet available now has access to billions of blockchain data points, which means developers will not need to create indexing codes. By utilising Covalent, developers are able to lessen time to market and have the ability to build API endpoints for their projects. The software helps to create a uniform API from various blockchains to help anyone from developers to non-technical users. The company's aim is to make APIs accessible to any developer without them needing to comprehend the more technical aspects.
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