BitGive And Uphold Partnership To Help Improve User Experience
By Mark Lemon – Cryptocurrency Expert
BitGive, which is reportedly the first non-profit charity accepting donations in cryptocurrencies, has partnered with Uphold. The partnership will see the donation tracking platform GiveTrack integrated with Uphold via API, allowing users to buy Ethereum and donate to any the charitable projects on the platform.
The integration with Uphold has been stated to make the GiveTrack platform accessible to anyone, anywhere whist providing complete transparency and a smooth donation tracking experience. The platform can only accept four different cryptocurrencies, however, the partnership with Uphold will allow users to buy and sell cryptocurrency into one that is accepted.
Along with 23 traditional global currencies, any individual seeking to donate to the platform can buy Litecoin, Ethereum, Bitcoin Cash or Dash. GiveTrack plan to extend the number of supported cryptocurrencies to allow more donations.
The Uphold platform is a trusted and transparent digital money platform for quick access to traditional currencies, Cryptocurrencies and other investments. The platform was chosen by BitGive as leverage to reach a wider audience. The platform has been said to be looking for real-world use cases in which the philanthropic ecosystem of GiveTrack can provide. This platform will provide donors that buy cryptocurrency with a level of transparency and efficiency not previously experienced whilst allowing recipients to make the most of their funding.
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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