By Mark – Bitcoin Broker - 25/12/2021
Cryptocurrency exchange platforms are receiving more and more interest from investors. Given the increased knowledge and engagement in the industry over the year, the Non-Fungible Token (NFT) sector saw a huge surge in visibility in 2021. The rise in global online searches for NFTs, demonstrates an increasing popularity for digital collectibles and artworks, with transactions on OpenSea topping $10 billion for example, is one of the most prominent indications for the growing interest in new asset class.
The increase in demand for NFTs can be observed in almost all corners of our online and digital activities. Prominent consumer brands such as Nike and Adidas entered the Metaverse NFT sector. Entertainment platforms and games in the NFT space, such as Axie Infinity and Sorare, were crucial in helping players learn about crypto and NFTs while also allowing them to trade and receive profits. Celebrities including Steve Aoki, Snoop Dogg, Michael Jordan and Mila Kunis also market their NFT collections to the general public, as Bitcoin investments are becoming a popular asset class for celebrities to get behind.
Another significant aspect in this rise is that the majority of NFT revenues go to humanitarian or non-profit groups, who utilise them to carry out philanthropic activities like establishing campuses across Africa. Cryptocurrency holders also get stunning artwork. In America, however, they may deduct their gifts from their earnings or revenue to reduce their taxes, creating in a win-win situation for all sides. NFTs enable artists all around the world to demonstrate their skills without the use of physical displays or studios. Users looking to invest in NFTs often buy Ethereum to have funds for their chosen NFT marketplace.
If you are researching where to buy Bitcoin, register an account on our platform to start Buying and Selling cryptocurrency today. For any questions, contact our team where we can assist you further in crypto buying.
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