The new exchange will also have an incentive model to reward customers for signing on its platform.
Good news for the cryptocurrency community: a new exchange developed by BTCC is said to enter the game in June. The platform will provide faster transactions and enhanced security.
According to BTCC founder, the acquisition is a major milestone as it will help the exchange to grow virtual currency adoption and expand its business worldwide.
BTCC founder Bobby Lee discuses SegWit2x and China’s bitcoin exchange ban on Reddit AMA.
OkCoin and Huobi are to stop all trading services for local customers till the end of October putting an end to crypto exchange markets in any form in China.
Chineese authorities have ordered domestic Bitcoin exchanges to cease trading and immediately notify users of their closure.
Charlie Lee claims that OKCoin and Huobi are meeting regulators today. Whether this would make the two exchanges follow BTCC’s decision to halt trading remains unknown.
The first of China’s bitcoin exchanges BTCChina (BTCC) has announced its shutting down the domestic cryptocurrency trading at the end of September. The recently appeared rumors that China is going to ban all domestic cryptocurrency exchanges are becoming reality.
Rumors about Chinese government’s plans to ban trading of bitcoin and other virtual currencies on domestic exchanges no longer affect Bitcoin price.
One of the largest bitcoin exchanges has released a first mobile app that will enable transfers in more than a hundred different currencies, including gold and silver.
Bitcoin continues its steady growth and moves from an alternative asset to a mainstream payment form for businesses.
Bitcoin price recovers as Chinese authorities and bitcoin industry push for regulatory alliance.
Chinese exchanges suspend withdrawals of virtual currency while the country’s central bank increases pressure on bitcoin companies to stem capital outflows.