BTC China Launches USD, HKD Bitcoin Trading Accounts
Shanghai-based bitcoin and litecoin exchange BTC China has announced the launch of USD and HKD deposits and withdrawals, becoming the latest China-based exchange to publicly extend its services to the international community. The news follows Beijing-based OKCoin's announcement at The North American Bitcoin Conference (TNABC) that it would be adding USD deposits this week as part of a broad push to court an international market that, for now, remains absent of large, professional US exchanges. Addressing the announcement, BTC China CEO and Bitcoin Foundation board member Bobby Lee framed....
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Do you wonder why the Bitcoin price suddenly have increased this weekend? Take a look at the graph below of the Huobi trading volume. They have an insane trading volume now with more than 200 Bitcoins being traded every minute. They beat both Mt. Gox, Bitstamp and BTC China. So why has Huobi surpassed BTC China in trading volume? It has been said that current exchanges in China have used their CEO's personal bank accounts to start it off. BTC China's CEO Bobby Lee has been able to put up corporate bank accounts because of the risk involving his own personal bank account.While Thus Li Lin,....
Chinese bitcoin exchange BTC China has stopped accepting RMB deposits to user accounts from a major bank, revealing the move in a post on its Weibo page. Management decided to proactively halt deposits from one of the country's largest banks, China Merchants Bank, after the bank posted on its public website that it would no longer allow its customers to engage in bitcoin-related transactions, and said essentially it would require all such businesses to close their accounts. Withdrawals to China Merchants Bank accounts and transactions with other banks remain unaffected, at least for the....
Top Crypto Exchange Huobi Global has said it will suspend all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has discontinued account registration for new users in Mainland China. This event comes after China’s central bank intensifies its crackdown on crypto activities. Last week, China intensified a crackdown on cryptocurrencies. […]
Exchange BTC China is introducing litecoin trading, effective immediately and with 0% commission. It will become the first widely-used exchange after BTC-e to trade the world's second most popular cryptocurrency. CEO of BTC China, Bobby Lee, announced the move this morning, saying "users have been clamouring for this for ages". Digital currency watchers will also note that BTC China's CEO, Bobby Lee, is the elder brother of litecoin inventor Charles Lee. BTC China's banner for the announcement also reads "Brothers Reunited". Lee acknowledged that his fraternal relationship with Charles was....
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....