BTC China beats Mt. Gox and Bitstamp to become the world's No. 1 bitcoin exchange

BTC China beats Mt. Gox and Bitstamp to become the world's No. 1 bitcoin exchange

BTC China has become the world's biggest digital currency exchange having handled a greater volume of bitcoins in the past week than Mt. Gox and Bitstamp. More than 109,841 bitcoins have been exchanged on the site in the past seven days, compared with 93,372 on Bitstamp and 76,673 on Mt. Gox, according to data from Bitcoinity.org. In the past 24 hours alone, BTC China has processed 36,104 bitcoins, compared with Mt. Gox's 24,913 and Bitstamp's 23,214. Bobby Lee, CEO of BTC China, said: "It's an honor to see that BTC China has been propelled ahead to number one in the worldwide rankings.....


Related News

Bitcoin Beats Three Year Record in Euro, Jumps 4 percent in One Hour

In the past 24 hours the price of the world’s top digital currency nearly reached $30 within one hour of trading, raising it above the $740. In doing so, Bitcoin has reached a three year all time high in Europe, rising to €699.50, according to the charts of two European exchanges - Kraken and Bitstamp. A €699 price tag beats its 2016 highs in Europe - in June 2016, it failed to pass the €652 range before being brought further down by the hack on the Bitfinex exchange - to be the highest value the digital currency has had since November 2013, when the USD rate rose to over $1,000 and the....

World's Largest Bitcoin Exchange BTC China Gets $5 Million in Funding

The world's largest-volume bitcoin exchange, BTC China, received a lift today with $5 million in Series A venture funding from institutional investors Lightspeed China Partners and Lightspeed Venture Partners. BTC China surpassed both Mt. Gox and Bitstamp in trading volume and market liquidity within the past month, and now claims the highest number of registered users. It trades 90,000 bitcoins per day, totaling over CNY 200 million ($32.8 million) in transactions daily. BTC China's CEO and co-founder, Bobby Lee, praised Lightspeed's track record and depth of knowledge in the bitcoin....

Bitcoin Exchange Bitstamp Partners with Vogogo to be Globally Compliant

In a bid to become compliant in jurisdictions around the world, Bitstamp has partnered with Vogogo to expand into the US and Canadian markets. The UK-based exchange which handles almost all the Bitcoin trades globally will benefit from this partnership because Vogogo already operates in the US and Canadian markets. Vogogo will be facilitating the movement of fiat currencies into the exchange in jurisdictions where Bitstamp is presently unable to operate. Geoff Gordon, CEO of Vogogo, said: Bitstamp is a world renowned crypto exchange and an industry leader. We are honoured to be working....

BTC China Stops Cash Deposits, Price Per Bitcoin Takes a Dive

Just when you thought things couldn't get any worse in China, it does. The world's largest exchange (which will soon change) has stopped accepting fiat deposits, which prevents any money from coming into the exchange. "This morning, we got notice from our third-party payment provider YeePay that it would cut off deposits for us at 12 noon and sure enough, we got cut off today," said Bobby Lee, CEO of the operation. "We all know the reason - it's as plain as daylight - they cut us off because of what happened at the meeting on Monday," he continued, referring to China's top payment....

Bitstamp Becomes the World's First Nationally Licensed Bitcoin Exchange

European bitcoin exchange Bitstamp has become the first fully licensed bitcoin exchange in Europe. The license will go into effect on July 1st and marks the first time that a bitcoin exchange acquires the license as a fully regulated payment institution, in the world. Bitcoin exchange Bitstamp has gained the license to operate as a payment institution across the European Union, all 28 countries of it. The license, which begins July 1st means that Bitstamp will officially be the first nationally licensed Bitcoin exchange in the world. The license was signed and granted by Luxembourg’s....