New Wallet In Development To Allow Cryptocurrency Payments Through Whatsapp
By Tyler Smith – Crypto Broker
A new wallet provider, Wuabit, is aiming to promote the adoption of cryptocurrencies by developing a wallet that will allow users to interact with digital currency services through WhatsApp. This will allow users to send, receive, trade and conduct other tasks with Bitcoin initially through the messaging service.
Wuabit have expressed plans to integrate support for popular cryptocurrencies such as Litecoin, Bitcoin Cash and Ether suggesting a user could sell Ethereum or the other cryptos through the service.
Further to adding support for other cryptocurrencies, Wuabit is planning to integrate the service with other messaging apps such as Telegram and Facebook messenger as well as Viber. Soon we could trade or sell Bitcoin through Facebook’s Messenger app. Integrating with popular messenger services is an objective of Wuabit as they believe more people may be willing to give cryptocurrencies a chance through a familiar application. These messenger services have huge user bases which could be utilised to gain further exposure for the crypto industry.
Though this service could help increase cryptocurrency adoption, it is yet to be seen if this could increase crypto selling and buying. The service still requires the user to know about it and can take additional steps to enable crypto transactions.
Other ways companies are trying to increase adoption is through the integration of digital wallet services into popular products. Samsung recently announced their flagship S10 will feature a built-in crypto wallet. This wallet could be used to directly buy or sell cryptocurrency increasing exposure of the markets.
With many new innovative concepts, we are surely going to see further integrations with popular services and products to utilise the unique features cryptocurrencies bring.
Don’t forget to use our platform to sell Bitcoin UK and cash out crypto to fiat!
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