OKCoin To Expand Bitcoin Adoption With New Service
Most of the Bitcoin trading volume is changing hands across Chinese bitcoin exchanges. Therefore, Chinese exchanges are feeling pressure to come up with new and innovative features to preserve their dominance and expand bitcoin adoption. OKCoin, one of China’s leading bitcoin exchanges, is attempting to do exactly that. There are a few things all Chinese bitcoin exchanges have in common. For starters, all of these platforms are exchanging bitcoin against the Chinese Yuan (CNY). Furthermore, major Chinese bitcoin exchanges such as OKCoin, BTC China, and Huobi all offer 0% spot fees on the....
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Chinese exchanges get accused of fueling the speculative nature of Bitcoin without actually participating in creating new, useful applications that would expand the adoption of the currency. According to Jack Liu, Head of International at OKCoin, that's going to change. "Given our position as the largest Bitcoin company in China, there is not only a responsibility to grow the wider ecosystem of Bitcoin use cases, wallets and payments, but also a great opportunity on this front," Liu explained in an email toBitcoin Magazine. This comes on the heels of a report by Goldman Sachs that 80....
OKCoin International Operations Manager Zane Tackett recently announced that he has resigned from the Bitcoin exchange due to misaligned opinions. "For the past year I've handled the majority of the community outreach for OKCoin and have interacted with this community as the OKCoin representative," he said in an informal post. "Unfortunately, due to a difference of opinions I have decided to resign from OKCoin." Tackett joined OKCoin in April 2014, a time when the Chinese exchange had just received funds around $US10 million and was planning to expand globally. He later became a prominent....
Changpeng Zhao, Blockchain's former Head of Development, has left the company after a few months to become Chief Technical Officer at China's largest bitcoin exchange, OKCoin. Zhao said that, while many might be surprised at his move, for him it was a simple decision: "OKCoin is already the best bitcoin exchange in China, if not in the world. We plan to make OKCoin truly international. OKCoin has the best technology platform, safest security measures, and above all the best team. We also have highest volume and liquidity, the fastest deposit and withdraw processing, and the best customer....
The bitcoin trading platform OKCoin is currently down and has been for more than 12 hours according to a reddit user. When visiting OKCoin.com you will receive a Cloudflare error as seen below: There has been reports claiming that the servers OKCoin uses are undergoing Emergency Maintenance due to abnormalities caused by server interruptions. For more than eight hours ago OKCoin sent out a tweet saying their platform would be temporarily inaccessible. The tweet is now creating outrage among some of their followers. Let's hope the maintenance is over soon so OKCoin's clients can access....