OKCoin Announces Plans to Begin USD-Based Trading
Chinese bitcoin exchange OKCoin is moving into new frontiers. At the North American Bitcoin Conference taking place in Chicago, Illinois, the company announced plans to launch USD-based bitcoin trading (along with litecoin) in the near future - a move they've been planning for quite a while now. The exchange is poised to host their servers for customers in the United States outside of China, and will also be providing English-language customer service and support. "The international site will be skewed very heavily to international users in the user experience. The customer credibility -....
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Flibbr, a bitcoin-based marketplace, recently hosted a Google hangout session with two members of the OKCoin Bitcoin exchange: Zane Tackett and Chief Technical Officer Changpeng Zhao. During the hangout, Zhao commented on an upcoming hedge fund trader with an enormous amount of money to trade. Zhao said: "Also very exciting, we have a new client. I cannot disclose the name yet. It's a €3 billion market cap client. They just do hedge fund trading, and they're going to be trading on our platform. That's a pretty big institution." The news is huge for the bitcoin exchange thatjust recently....
OKCoin, a cryptocurrency exchange that offers trades between Bitcoin (BTC), Litecoin (LTC), US Dollar (USD), and Chinese Yuan (CNY), has added margin trading to its iOS and Android apps. “In our continued efforts to build the world’s best retail and institutional blockchain asset exchange, OKCoin has added margin trading to its iOS and Android Apps. OKCoin.cn CNY users can trade on up to 5x margin while OKCoin.com USD users can trade on up to 3.3x margin. Thanks for your feedback and continued support of OKCoin. We hope you like it!” added OKCoin in a statement. OKCoin released the....
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....
Litecoin Breaks Out Leaving Gap. Litecoin has been trending up gradually versus Bitcoin, but finally, it has broken out leaving a gap in a rapid price advance. The Gap occurred on the Bitcoin Wisdom 15 minute chart of the BTC-e exchange. Often gaps are filled so use caution. The reason for the advance most likely has to do with Chinese exchange trading. On Reddit it was mentioned that BTCChina has just announced that Litecoin can be traded versus Bitcoin and that they would soon remove trading commission fees. The Huboi Exchange is to begin Litecoin trading on the 19th of March. They have....
Starting tomorrow, China’s largest bitcoin exchanges will begin charging trading fees at a flat 0.2 percent for every transaction. The changes stemming from the People’s Bank of China’s involvement in bitcoin trading activity between China’s biggest bitcoin exchanges continue. Within days of BTCC, Huobi and OKCoin formally announcing the halt of margin or leveraged trading for Chinese users, the three exchanges will now begin charging traders a flat fee of 0.2% per transaction. An announcement from BTCChina this Sunday read that charging fees for bitcoin and litecoin trading will commence....