Gus - Cryptocurrency Enthusiast
He has suggested that Cardano (ADA) may soon receive its spot listing. FTX to List Cardano, the Altcoin is now the only top 25 cryptocurrency without a place listing (ADA).
An avid cryptocurrency user complained on Twitter that FTX has so far declined to add Cardano's native ADA token to its list of tradable coins, claiming that the exchange sees Cardano "as a danger to everything FTX wants to control."
Sam Bankman-Fried, CEO of FTX, refuted the claims and said he was willing to place a wager that ADA would list on the platform soon. Additionally, the billionaire stated that spot ADA is "on our plan." Bankman-Fried clarified that the absence of ADA was not a deliberate slight and that it was more of a logistical issue than anything else, according to SBF's tweet. Before making any modifications, the exchange must "still make sure we have adequate Cardano validator parsing for deposits/withdrawals," according to the FTX CEO.
Will the listing be advantageous to ADA?
Sentiment, a cryptocurrency market investment analytics company, recently highlighted the fact that ADA is substantially undervalued and that its trading cryptocurrency price has been progressively falling through its descending resistance line since August 2021 by citing its MVRV-Z-Score. Although it is unknown when FTX will finally commit to introducing support for ADA spot trading, based on Bankman-comments, Fried's it may be within the next three months. The listing might provide the floundering ADA a big boost.
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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:**
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