By Mark - Crypto Professional - 03-11-2021
One of the most popular companies that allow investors to buy and sell Bitcoin (BTC) and trade crypto has released its own card that users can activate in-app. Binance, a globally significant crypto exchange, are now allowing users to start their new Binance cards through the funding wallet. According to the Binance team, users will be able to purchase items with their new Binance cards at no extra costs and fees. Once the card has been activated through the funding wallet section, the card can link their Binance wallet to their cards. Reportedly, investors can move their crypto-assets into their funding wallets which can be swapped and used for payment anytime the user wishes.
Despite the fact that the Binance crypto debit card had been released quite some time ago, the company wanted to create a new feature to make it easier for investors to activate their cards. The large cryptocurrency exchange platform appears to be merging its many wallets and sections to the native funding wallet. The merge is to create an easier-to-use platform for improved customer experience.
The news is just an added bonus for Binance cardholders as they can also enjoy no added fees if they build up their crypto portfolio while using the card. Users are able to exchange their crypto funds whenever they decide to make a payment. Furthermore, to top off customers' benefits with the Binance card, the crypto exchange has promised at least 8% cashback to qualified customers.
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely trade 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