BTC China to Lower Trading Commission Fee
Chinese bitcoin exchange BTC China this weekend announced plans to reduce trading commission fees from 0.3% to 0.1% for all users. The fee change will become effective as of noon time (China time) on the 24th of February. BTC China says that for the traders who place limit orders that add to market liquidity will receive an addition 0.1% rebate. The exchange eliminated fees completely last Autumn just before they became the world's most popular exchange due to immense interest from the Chinese people. Regulatory uncertainty in the country ultimately caused the trading service to lose....
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BTC China Bitcoin Exchange. BTC China is open for business and is offering lower trade commissions starting 24 February 2014. From their website: Starting at 12 noon (China time) on February 24, 2014, BTC China will lower the trading commission fee from 0.3% to 0.1% for all users. For market-makers who place limit orders that add to market liquidity, they will be exempt from the trading commission, and will additionally get a 0.1% market-maker rebate! Sign of Change. In an exclusive interview with CryptocoinsNews two weeks ago, Bobby Lee outlined the positive changes for China based....
Popular bitcoin exchange BTC China announced on Tuesday that they've launched litecoin trading effective immediately. The service says it's added litecoin trading due to popular demand, putting the exchange behind BTC-e in terms of big trading houses that allow trading of the digital currency. The move could once ignite a digital currency craze in the People's Republic in China, similar to the bitcoin excitement we saw in the country last year (in which BTC China became the largest exchange at one point). Traders can expect to enjoy zero commission on litecoin trades - at least for the....
BTC China has become the world's first major bitcoin exchange to scrap its trading commission fees, albeit temporarily. The company, which launched in June 2011, was charging 0.3% for all trades made on the site before taking the decision to run a promotion eliminating this fee. "We already deliver an outstanding consumer experience, and with this promotion, we will now also offer superb value. The future is bright, for bitcoin in China," said Bobby Lee, CEO of BTC China. He explained the promotion will continue to run over the Chinese National Day holiday, but could not confirm its end....
Chinese bitcoin exchange BTC China has announced it will lower trading commission fees from 0.3% to 0.1% for all trades executed after midday China time (4:00 am GMT) today, 24th February. It will also retain its 'maker-taker' fee model, meaning those placing limit orders at prices set by them (market 'makers') will still be exempt from all fees, and actually receive a 0.1% rebate. The model is useful because it adds to market liquidity. BTC China had previously reduced fees for withdrawal into Chinese yuan from 1% to 0.5% on 3rd January. The company had been China's largest and busiest....
The folks over at BTC China - now the world's largest bitcoin exchange - are apparently in talks with Chinese regulators in hopes of getting Bitcoin accepted and approved as an "official currency", according to a Monday report by Business Week. These talks, described as "low-level", would allow the use of the digital currency for the buying and selling of goods in the People's Republic of China, Reported members of these talks include officials from the "People's Bank of China, the China Banking Regulatory Commission, and the China Securities Regulatory Commission." BTC China head honcho....