By Tyler S - Cryptocurrency Broker - 11-08-2021
It has been a good week for traders who invest in cryptocurrency as the prices to buy crypto have had a sudden increase. Recently, we have seen quite a few cryptocurrencies rallying in a dynamic market surge. Bitcoin (BTC) lead the rally by beating its $40k resistance and even rising past $43k.
Other cryptocurrencies have followed Bitcoin and had a sudden or even dramatic increase as well. One example of this is IOTX, which has witnessed an explosive 100% increase. IOTX is the native token to the platform IoTeX, a decentralisedblockchain network that allows humans and machines to interact with assured trust, free will, and economic incentives.
Within the last 24 hours, IOTX has seen a 110.41% increase in value, and while ranking #106 on the crypto board, it appears to be taking the lead from crypto coin giant Bitcoin in this week's crypto coin surge. If the price continues to rise in value at its current rate, it won't be long until it reaches the status of being in the top 100 cryptocurrencies.
The recent increase for buying crypto has brought the coins worth up to $0.06962, bringing in a market capitalization of $662,906,126 as of writing. The market cap, like the price, also rose significantly by an outstanding 113%. The current price wave shows that the currency is now closing in on its all-time high of $0.07839.
Reportedly, IOTX has also hit the media with its latest debut on Coinbase Pro in response to increased customer demand.
If you are looking to Buy and Sell cryptocurrency, but you’re not sure where to buy Bitcoin, then you can head over to BC Bitcoin where you can safely start investing today.
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