More and more crypto companies are taking the route of a reverse IPO, but will it pay off?
OKCoin News
OKCoin is a large Chinese exchange platform which works mainly using two currency pairs BTC/CNY and LTC/CNY. Initially, only Bitcoin was available on the platform, but now OKCoin works with other popular virtual currencies. The withdrawal of USD became available in 2014. The company was founded in 2011 by Xu Mingxing. At the beginning, the platform was available to operate only in China but the decision to spread OKCoin beyond Asia was made in order to support the Bitcoin community. However, the company has no intention of getting a license in the US. The main difficulty of working with OKCoin is the need for registration using a personal number which only Chinese citizens have. In terms of OKCoin’s price for making operations there is no fee for doing transactions in CNY except for a 0.1% commission for withdrawals.
- Analysis
- News
Crypto exchange BHEX has concluded a $15 million funding round in anticipation of its official launch in the following days.
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China’s Hurun Research Institute has released a catalogue of the richest individuals in the country, listing cryptocurrency entrepreneurs among others.
- News
The Liquid Network sidechain, started by Blockstream’s Samson Mow, has gone live.
- News
Crypto exchange OKCoin has expanded its trading platform into 20 more U.S. states, and is planning further expansion.
- News
In the wake of his detention by Shanghai police, OKEx founder Star Xu has denied allegations of fraud, as OKex officials refute his alleged involvement with WFE...
- News
by Ana Berman
Huobi’s subsidiary in Japan now owns a major percent of shares in Japanese BitTrade — one of only 16 regulated crypto exchanges in the country.
- News
by Helen Partz
An investor in China has filed a lawsuit against crypto exchange OKCoin for allegedly preventing him from withdrawing Bitcoin Cash following Bitcoin’s hard fork...
- News
Chris Lee, the outgoing CEO of the world’s largest crypto exchange OKEx, has joined rival exchange Huobi just days after resigning from his former post.
- Analysis
by Joseph Young
South Korea’s largest multi-billion dollar conglomerates in various sectors are entering the cryptocurrency market by funding up-and-coming exchanges.
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The what, where and why of Bitcoin futures.
- Regulations
by Willie Tan
How regulators in Shanghai went even further than Beijing in limiting Bitcoin activities in China
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