[2017-01-24] China's Largest Bitcoin And Litecoin Exchanges Charging Trading Fees

[andrzej.srankiewicz]

Starting January 24, 2017, China’s largest cryptocurrency exchanges, BTCC, Huobi, OKCoin, will be charging a fee for every trading operation with Bitcoin and Litecoin.

According to the announcement:

“BTCChina ceased offering margin loan services as a result of the recent extreme volatility in bitcoin price. To curb market manipulation and reduce market volatility, BTCChina is also considering charging trading fees, as is the case with other bitcoin exchanges.”

You can read more info and take part in the discussion here: https://coinidol.com/fee-based-bitcoin- ... -in-china/

[iFixBTCmemoryIssues]

Starting January 24, 2017, China’s largest cryptocurrency exchanges, BTCC, Huobi, OKCoin, will be charging a fee for every trading operation with Bitcoin and Litecoin.

According to the announcement:

“BTCChina ceased offering margin loan services as a result of the recent extreme volatility in bitcoin price. To curb market manipulation and reduce market volatility, BTCChina is also considering charging trading fees, as is the case with other bitcoin exchanges.”

You can read more info and take part in the discussion here: https://coinidol.com/fee-based-bitcoin- ... -in-china/

*BTCChina is a troubled exchange run by corrupt leaders, they are one of the main culprits in Bitcoin's problems.

[mjglqw]

This is good news, I think. Less flooding on the blockchain is one good effect.