Official: BTC China Launches USD, HKD Deposits and Withdrawals
BTC China has announced the launch of USD and HKD deposits and withdrawals, joining OKCoin in an effort to extend services to the international community. Launching USD and HKD deposits and withdrawals, BTC China is now the first Chinese exchange to support three fiat currencies. The launch began after an invite-only period. During this trial stage, BTC China collected several million USD worth of deposits. This service will be processed via its registered Hong Kong affiliate.
Related News
At the Inside Bitcoins conference in Las Vegas, the CEO of the world's largest bitcoin exchange, BTC China, dished out some impressive figures with regard to his exchange's growth. "Trading volume has risen from $5 million to $50 million," said head honcho Bobby Lee. Malcom CasSelle from Timeline Labs said "[BTC China is] transacting 150,000 BTC per day." On the topic of when the recent news that China was warning financial institutions from toying with bitcoin, CasSelle said that "BTC China as a business will not have problems with deposits and withdrawals", referring to the very banks....
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....
At 12:06 local time, Bter, one of China's larger Bitcoin exchanges, posted an announcement to its website announcing a temporary suspension of deposits. What's more is Bter cites official regulation that they were just informed of, as the ultimate reason for this incredible convenience to its users. Bter not only offered RMB to BTC markets but also RMB to LTC, Dogecoin, Auroracoin, and even Counterparty (XCP). Many Bitcoiners on both sides of the Pacific are wondering if other Chinese Bitcoin exchanges will soon follow suit and suspend CNY deposits. In the meantime, CNY withdrawals, as....
Bank deposits are live at BTC China once again. Screenshot via /u/btc_trading. Although many people thought banks weren't allowed to work with Bitcoin exchanges as a result of the December 5th memo from the People's Bank of China, it seems that the Bitcoin community may have overreacted to what the PBOC was trying to say. Some individuals have been wondering if Huobi, a Bitcoin exchange in China, has been operating illegally over the past few weeks because they were allowing customers to making deposits and withdrawals through the CEO's personal bank account. Most people in the Chinese....
Yesterday, Mt. Gox released the following notice from Tokyo, Japan: Statement Regarding Temporary Hiatus on U. S. Dollar Withdrawals. TOKYO - JAPAN - June 20th, 2013. Over the past weeks Mt. Gox has experienced rising volumes of deposits and withdrawals from established and upcoming markets interested in Bitcoin. This increased volume has made it difficult for our bank to process the transactions smoothly and within a timely manner, which has created unnecessary delays for our global customers. This is especially so for those in the United States who are requesting wire transfer....