By Aaron - Crypto Specialist - 08-12-2021
Crypto market investments are experiencing a slight fall to end 2021, with prices dropping across the market. However, some coins have not followed this pattern and have demonstrated growth. DeFiChain (DFI) has been bouncing back fast after witnessing lows a couple of weeks ago. Analysts have read the data points and predicted that the value for buying DFI crypto would further increase in the future.
DeFiChain (DFI) is a decentralised finance (DeFi) blockchain platform that aims to provide fast financial services. The platform allows for affordable, fast, and smooth DeFi transactions with minimal smart-contract risks. As previously mentioned, a lot of the crypto market has been experiencing lows. In fact, the market, including Bitcoin (BTC), has recently undergone a correction, dropping prices down by 22%. Despite the widespread drop, DeFiChain was unaffected by the downward trend. Instead, DFI increased its price to its new all-time high (ATH) of $5.70, a 76% increase. Reportedly, DFI's 24-hour trading volume has massively increased to $24.3 million.
According to sources, the reason for DeFiChain's recent success comes down to a few things. First of all, new decentralised assets have been launched on the DFI mainnet and even allowing staking options for DFI holders. DeFiChain has announced that users can now access the platforms pools that allow them to stake significant cryptos like Bitcoin investments. Another reason is a recent surge in transactions; this is both in buying DeFiChain and user transacting across the network. The increase in transactions is mostly due to the new asset launches on the platform as it has attracted many new investors. Finally, DFI's Total Value Locked (TVL) has now officially hit a new ATH of $1.83 billion.
If you are looking to Buy and Sell DeFiChain DFI, then you can head over to BC Bitcoin where you can safely trade 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