Of course we already don't have enough of them.
No honest this is some great news.
Competition is always appreciated and the company is having a good reputation as far as I know.
Topic: [2016-04-21] Chinese company HaoBTC launches bitcoin exchange (Read 422 times)
Wow another chinese exchange!
Of course we already don't have enough of them.
No honest this is some great news.
Competition is always appreciated and the company is having a good reputation as far as I know.
Of course we already don't have enough of them.
No honest this is some great news.
Competition is always appreciated and the company is having a good reputation as far as I know.
Great news from a legitimate company. This may increase price.
Nice to know that HaoBTC launches their exchange servise, these guy are really legit in mining and all. I recall that their ANN thread is so good and their PR are very responsive here.
It's great to see the growth in China, but I'm hoping they don't do zero trading fees or it will just attract more speculation on wash trading. *Fingers crossed* Quote
With there being trading fees it may be hard for HaoBTC to compete with other Chinese bitcoin exchanges at the moment, as they often do not have any trading fees which is more appealing to traders. However, this introduces a new realm of issues for exchanges, in particular in China, who have faced backlash from the public in the past because of no trading fees. With zero trading fees, exchanges have been accused of what is called “wash trading.”
I see that they are trying to fight those "wash trading" even though it's gonna be hard on them. i hope that with their service, bitcoin will be more and more widely spreaded in china.
Nice to know that HaoBTC launches their exchange servise, these guy are really legit in mining and all. I recall that their ANN thread is so good and their PR are very responsive here.
Quote
With there being trading fees it may be hard for HaoBTC to compete with other Chinese bitcoin exchanges at the moment, as they often do not have any trading fees which is more appealing to traders. However, this introduces a new realm of issues for exchanges, in particular in China, who have faced backlash from the public in the past because of no trading fees. With zero trading fees, exchanges have been accused of what is called “wash trading.”
I see that they are trying to fight those "wash trading" even though it's gonna be hard on them. i hope that with their service, bitcoin will be more and more widely spreaded in china.
Announced earlier today, Chinese mining company and wallet provider HaoBTC has officially launched a bitcoin exchange. The company is based in Beijing, and sent out a tweet earlier to kick off their launch. Exchange users can buy and sell bitcoins by funding their accounts with bank transfers in Chinese Yuan (CNY).
Read more: http://bitcoinx.io/news/articles/chinese-company-haobtc-launches-bitcoin-exchange/
Read more: http://bitcoinx.io/news/articles/chinese-company-haobtc-launches-bitcoin-exchange/
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