Gus – Cryptocurrency Expert
GameStop said that its Ethereum-based wallet was currently in beta. The non-custodial wallet is presently accessible as a Chrome and Brave browser plugin, with intentions to release an iPhone app in the future. Users would be able to store, transmit, and receive Ether, NFTs, and other ERC-20 tokens through it.
Non-custodial implies that users will have complete control over their assets thanks to private keys that are only known to them. The configuration will work with hardware wallets, reducing the chance of being hacked or having your funds confiscated. Assets, on the other hand, cannot be retrieved if the owner loses their key. The wallet uses Ethereum's Loopring layer-2 scaling mechanism, which has cheap transaction costs and high throughput.
The American electronics retailer also stated that its NFT marketplace would open in the second quarter of this year as part of the announcement. Users will be able to utilize their wallets in conjunction with the NFT marketplace when it launches.
The earliest reports of a future NFT market surfaced in December 2021. Shortly after advertising an opportunity for a security analyst with knowledge in blockchain, NFTs, and cryptocurrencies, the firm began looking for NFT content writers. It signed a big agreement in February to develop an NFT marketplace using Ethereum (ETH) scaling solution Immutable X.
If you want to get a head start into cryptocurrency investment, and buy NFT’s, buy Ethereum, you can head over to a trusted cryptocurrency broker – BC Bitcoin. It offers cheap cryptocurrency, that allows you to buy and sell cryptocurrency with ease and small fees.
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