BTC China Lowers Withdrawal Fee By Over 20 Percent
Bitcoin trader using BTC China services? There's some good news in store for you. The BTC China team announced on Wednesday that they are reducing their withdrawal fee effective today for all customers. "From popular demand, and to benefit our customers, starting from July 16, 2014, we have reduced our withdrawal fee from 0.5% down to 0.38%," the company wrote on their blog. That's a 20 percent drop, for those keeping track. On Reddit.com, a company representative added, "we have decided to lower our withdrawal fees due to our users' high demand as well as to benefit our loyal customers."....
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Chinese bitcoin exchange BTC China has announced it will lower trading commission fees from 0.3% to 0.1% for all trades executed after midday China time (4:00 am GMT) today, 24th February. It will also retain its 'maker-taker' fee model, meaning those placing limit orders at prices set by them (market 'makers') will still be exempt from all fees, and actually receive a 0.1% rebate. The model is useful because it adds to market liquidity. BTC China had previously reduced fees for withdrawal into Chinese yuan from 1% to 0.5% on 3rd January. The company had been China's largest and busiest....
Why is China's interest in Bitcoin growing? The country's increased interest in the currency has shown no signs of abating over the past couple of months, leading to all kinds of fun theories about currency wars. Chinese downloads of the original Satoshi client, as maintained by the Bitcoin core development team, have increased in recent months. For the month of January, China ranked seventh amongst downloaders of the software, accounting for just 3.66 percent of downloads. As recently as April, Chinese downloads accounted for 13.15 percent of the total, lagging the US, which downloaded 27....
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BTC China Bitcoin Exchange. BTC China is open for business and is offering lower trade commissions starting 24 February 2014. From their website: Starting at 12 noon (China time) on February 24, 2014, BTC China will lower the trading commission fee from 0.3% to 0.1% for all users. For market-makers who place limit orders that add to market liquidity, they will be exempt from the trading commission, and will additionally get a 0.1% market-maker rebate! Sign of Change. In an exclusive interview with CryptocoinsNews two weeks ago, Bobby Lee outlined the positive changes for China based....
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