OKCoin Announces Official Launch Of Recharge Codes And "First Bitcoin ATM In China"
Today, in an announcement to their site, OKCoin has implemented the immediate suspension of recharge activities via their Chinese Merchant's Bank account. Instead, OKCoin has moved onto a recharge code system with 0 fees, the same as BTC China. These recharge codes can vary in value from 100 yuan to 100,000,000 Yuan. OKCoin recharge codes are split into two portions: sections A and B. There is an intentional parallel to Bitcoin private and public keys in this new fiat recharge/withdrawal method. The first portion of the code, section A, can be used by anybody to query the amount of fiat....
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Huobi made an announcement to their website on 4/17/14. Dear Valued Huobi customers: In order to resolve the current issues with recharges during off hours, and as a result of Huobi negotiations with recharge card dealers, today at 17:00 we will be resuming our recharge card services. It's supported at all major banks, and is fully functional 24/7. We welcome you to come experience our coins. Bitcoin in China is all business as usual, with individual Chinese Bitcoin Exchanges adapting quickly to changing regulatory environments. What we are seeing is one Exchange experimenting with a new....
Just when you thought things in China couldn't get any more confusing, OKCoin - a bitcoin exchange in the country - announces a bitcoin ATM. A Chinese news-blog posted the first report on the topic on Monday, making note that the exchange would be showing off their own ATM creation at the Global Bitcoin Summit 2014 conference taking place in Beijing from May 10th-May 15th. More specifically, the ATM (which is said to be more like a vending machine in that it only dispenses bitcoin) will be at the OKCoin booth, for those in the area looking to sneak a peak. Also of interest, while we're on....
Today at 10:35 local time, OKCoin posted an announcement to their website. The announcement was titled, OKCoin将暂停招商银行卡充值业务及应对预案公告: OKCoin Announces Suspension Of China Merchant Bank Card Recharge And Response Plan. OKCoin revealed that they received oral notification from their bank, the China Merchants Bank, that their deposit services were to be terminated. The Xi'erqi branch of the China Merchants Bank, which had a strong working relationship with OKCoin, revealed that the notification was passed down from upper management within the bank, much like what happened with the Agricultural....
Dear Bitcoin China (BTC China) Users: Recently, due to third-party payment companies in China disrupted and Bitcoin (BTC China) recharge channels, resulting in China Bitcoin (BTC China) is temporarily unable to provide RMB prepaid services. In this regard, on behalf of China Bitcoin (BTC China) expressed deep regret for the inconvenience, please understand. We are actively seeking other recharge methods. Currently, in addition to recharge RMB, the yuan withdrawals, recharge and withdrawals Bitcoin service as usual, may be slightly delayed during peak hours. We have enough for the user bits....
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 -....