Lots of big news recently from Chinese Exchange BTC China.
USD, HKD Deposits and Withdrawals
First, the exchanged announced it had launched deposits and withdrawals denominated in US dollars and Hong Kong dollars, making it the first Chinese exchange to handle three fiat currencies.
This service will be available to international users and processed through its Hong Kong affiliate. BTC China representatives suggest that domestic traders open an international account to access these features.
“As a global company, BTC China is pleased to accommodate the demands of our users, both domestic and international,” BTC China CEO Bobby Lee said in a statement.
- Bobby Lee with Maria Jones (Bitcoin 2014 Amsterdam)
Until now, users had only been able to deposit and withdraw funds in CNY.
Also, the exchange’s representatives announced a relaunched version of its mobile site, Mobile Exchange 2.0. The mobile site offers three trading pairs: BTC/CNY, LTC/CNY and LTC/BTC. No word yet whether USD or HKD trading will become available on the mobile app.
The company noted in its statement:
“As Mobile Exchange 2.0 is [an] HTML5 mobile web app, it is not subject to third-party store censorship or regulation.”
This also means, company representatives point out, that users neither have to download an app nor future updates; Mobile Exchange 2.0 is simply accessible via a mobile browser. UX upgrades include swipe-to-edit and swipe-to-cancel features.
Users currently reading on a mobile device can go to https://m.btcchina.com to see the revamped mobile site, which is available in 10 languages.
It was expected that BTC China would make some big moves in 2014 after raising a US$5 million round of Series A funding in the fall. Company representatives note that BTC China still “has plans for aggressive international expansion.”
“As a company, we’re growing; we’re going to continue to offer more services to allow people to buy and sell — transact Bitcoins — regardless of how the regulation plays out in the next few months and years,” Lee told Cointelegraph in April.
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