Crypto Payment App Adds Dash With Eight Other Tokens
By Tyler Smith – Cryptocurrency Investor
European crypto payment app 2gether, that enables users to send digital currency via a Visa debit card, is now adding dash among 8 other supported tokens.
With this, 2Gether - the app that was launched in March and is available in over 19 European Union countries - now supports a total of nine coins, including Bitcoin, EOS, Ether, Bitcoin Cash, XRP, Litecoin, Stellar, QTUM and finally Dash. Now with the aid of an iOS or Android app, users will be able to purchase and sell crypto, pay for goods and withdraw money in the ATMs against their crypto holdings.
The company can exchange a client’s crypto at the backend for fiat and then send Euros to the counterparties that accept the payments, a similar practice utilized by 2gether’s competition, Coinbase Card. Similarly, to selling crypto except the transaction all takes place when purchasing the goods or service.
When explaining why they decided to add Dash among the other tokens, 2Gether says that Dash - which is an early fork from the Bitcoin protocol - “have become the solution in crisis-stricken countries like Venezuela and Thailand”. This is turn has induced greater demand for the coin globally.
Ramon Ferraz, CEO of 2Gether, who was previously at consulting firms A.T. Kearney and Deloitte for years before joining the startup, said that the Dash partnership is ideal for the company as it’s “one of the most widely-used cryptocurrencies” worldwide. He further elaborated that by including Dash in their line-up, they can open themselves to new markets and expand their service and potentially increase crypto selling and buying.
You can find the latest articles on the most informative news over on our site. Also check us out for services to sell crypto UK and exchange Bitcoin to GBP as well as many more.
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