By Tyler S - Bitcoin Broker - 29-09-2021
As the Decentralised Finance (DeFi) industry grows, we are seeing more collaborations. Recently, a pioneer blockchain and a permission-less protocol have joined forces to strengthen the features and functionalities of either platform. The two companies that are collaborating are Forward Protocol and UniLend. Reportedly, UniLend (UFT) will utilise Forward Protocol's lending and borrowing features.
UniLend (UFT) is a decentralised permissionless protocol; it combines spot trading with borrowing and lending services. UniLend also provides liquidity for asset trading as well as loans to use on the platform. Users can buy UFT tokens, the protocol's native crypto market investment, to use for governance and voting. Investors can also earn UniLend through borrowing, lending, and trading on the platform, as they will be rewarded with UFT.
According to the Forward Protocol, they are looking forward to developing and collaborating with UniLend. The team at Forward Protocol have stated that UniLend has made great strides in development within the industry. They further stated that UniLend has come far and even shows significant potential with its smart contracts integration. Even though UniLend will be utilising Forward Protocol's borrowing and lending features, Forward Protocol will also be utilising UniLend's smart contract knowledge. Forward Protocol's need for working with smart contracts is to help the EdTech sector expand, and by bringing in the well-need technology, it will bring transparency and decentralisation to the industry. To further expand the EdTech sector, Forward Protocol has plans to improve it through more high-quality collaborations.
If you are looking to Buy and Sell UFT tokens, then you can head over to BC Bitcoin to register an account with us to buy crypto uk.
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