An Insight into Bitcoin Trading in China
China leads the way when it comes to Bitcoin trading. Here are few factors influencing the trend. The impact of Bitcoin’s growing popularity is being felt across the world. While these changes aren’t that evident in liberal economies, it is visible in plain sight in China. Individual investors in China are increasingly adopting Bitcoin as an instrument for investment over conventional stocks. Even though their ticket sizes are small, individual investors represent a significant chunk of investments in the market. In the current economic scenario, individual investors shifting from....
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Rui Ma is an early-stage investor in technology companies with the global accelerator program and seed fund 500 Startups. Residing in Beijing, she is an active member of China's bitcoin community. Some bitcoiners might still remember when BTC China was the dominant bitcoin exchange in China. Well, those days are long gone. These days, newer exchanges Huobi and OKcoin regularly top the charts for trading volume. Monday, for example, their 24-hour volumes are at 106,942 and 126,973 respectively, third-place CHBTC is at 35,349, while BTC China lags far behind at 4,344. Huobi, in particular,....
An event put together by Bitfund.pe and UBM China, a bitcoin conference is taking place in Beijing, China beginning on May 10th. Dubbed Global Bitcoin Summit 2014, the event claims to the be the first global bitcoin conference in the People's Republic of China, and will run very short, ending the next day on May 11th. "During the event, outstanding and knowledgeable experts in the Bitcoin world will bring the latest information in the industry," the press statement reads. "They will also shed light on Bitcoin future trends in China and abroad, explore how to consolidate or expand existing....
BTC China has reinstated trading fees in an attempt to combat market manipulation. BTC China has, after 3 successful months, has decided to resume trading fees. For a few weeks now, because of 0% trading fees, BTC China has consistently been the highest volume BTC exchange. Trading fees will be 0.3%, the announcement reads: Dear BTC China valued customer: To stabilize the recent turbulent Bitcoin market and minimize potential market manipulation, BTC China will end the 0% trading fee promotion, effective immediately, and revert to the 0.3% trading fee. We deeply apologize for the sudden....
Major Chinese exchange BTC China just enabled Litecoin trading at an unbeatable 0% fee! BTC China's official announcement reads as follows: Dear Customers, We are very excited to introduce BTC China's new member - Litecoin! Bitcoin grew tremendously in 2013, while another virtual currency has also made considerable progress - Litecoin. It gradually gained recognition from the Bitcoin enthusiasts. By popular request, we have now added Litecoin trading to BTC China's trading platform. In addition, Litecoin trading will have 0% trading commission! As a responsible trading platform and a....
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....