Sentences with phrase «chinese exchanges»

Three Chinese exchanges — Bitfinex, OkCoin, and BTCC — made up over 45 percent of the global market share over the last 30 days, according to Bitcoinity.org.

China has banned ICOs and has ended cryptocurrency trading opportunities on the Chinese exchanges.

While the majority of transactions take place on Chinese exchanges OkCoin and Huobi, most experts link recent fluctuations in the bitcoin price to the EU referendum in Britain.

The most active exchanges were once again OKCoin.cn and Huobi, both Chinese exchanges that specialize in LTC to CNY transactions.

As Chinese exchanges put BTC withdrawals on hiatus, LocalBitcoins is seeing new all - time trading highs — and not just in China.

Then they halted withdrawals of Bitcoin from Chinese exchanges in February.

Even the big Chinese exchanges are ceasing operations.

The halt on cryptocurrency withdrawals imposed by Chinese exchanges is coming to an end, with withdrawals expected to be resumed in June 2017.

Now, as Chinese exchanges are gearing up to resume withdrawals under strict AML and KYC guidelines, the biggest question is whether users will be willing to jump through more hoops to buy and trade cryptocurrency or whether they will continue to seek alternatives instead, such as more anonymous P2P services or even anonymizing cryptocurrencies.

Two Chinese exchanges are also planning to enter the South Korean market.

Withdrawals to be Resumed The halt on cryptocurrency withdrawals imposed by Chinese exchanges is coming to an end, with withdrawals expected to be resumed in June 2017.

At this point, the Chinese exchanges lost all relevance to the price of bitcoin.

Chinese exchanges lead the way, with bitcoin more expensive there than anywhere else in the world.

Overall the volumes on Chinese exchanges are showing growth in the digital currency realm.

Nevertheless, the country's regulation stands in stark contrast to China's extreme anti-cryptocurrency measures and has attracted Chinese exchanges unable to conduct business in their home country.

At the time, the vast majority of all trading volume remained on the big three Chinese exchanges (OKCoin, Huobi and BTCC).

Still, market sentiment has been bullish, according to figures provided by a handful of exchanges, even with the confirmation that major Chinese exchanges Huobi and OKCoin had stopped offering margin trading.

In addition to offering financial management and price data from major Chinese exchanges, BTC123 also offers news and information related to bitcoin and blockchain tech.

Throughout the past two weeks, amidst anticipation on the nationwide ban on Chinese exchanges, bitcoin price fell from $ 4,100 to $ 2,950.

The only thing anyone outside of the Chinese government knows for sure is that for now, ICOs are illegal and Chinese exchanges are shutting down domestic trading involving CNY.

This volatile policy shifted the focus of Chinese exchanges from the international to the domestic market.

«By this time, Japan already cemented its position as the leading market for bitcoin trading, because a lot of international traders just didn't feel confident about Chinese exchanges,» Lizardo said.

From there, the conversation escalated quickly, resulting in Chinese exchanges voluntarily closing down their Yuan - BTC trading services.

Since the recent crackdown on the crypto - sphere, major Chinese exchanges such as OKEx and Huobi Pro have redirected their business development into over-the-counter (OTC) trading, which typically uses private dealers rather than centralized exchanges, as well as overseas crypto - to - crypto venues.

With the big three Chinese exchanges out of commission soon, LocalBitcoins trading will intensify even more.

One of the major Chinese exchanges Huobi is trading Bitcoin at as low as $ 3836 when the global price is just above $ 4200.

The People's Bank of China (PBoC) banned margin - trading in January 2017, and the Chinese exchanges then stopped offering zero - fee trading.

Back in February of this year, Bitcoin prices slumped when the Chinese exchanges halted withdrawals of digital currencies.

Meanwhile, Chinese exchanges continue to function normally, restoring short - term trader confidence and initiating a moderate rally.

Trading continued the whole time on Chinese exchanges — purchases and sales were allowed.

Chinese exchanges have demonstrated low trading rates for the Bitcoin - to - Chinese yuan pair throughout 2017.

For one thing, less than five percent of its trading volume came from Chinese exchanges.

A few days later, BTCC and Huobi stopped margin trading, followed by OKCoin and other Chinese exchanges.

Major Chinese exchanges BTCChina and ViaBTC have announced they will shut down operations causing Bitcoin price to plunge as OKCoin and Huobi are expected to follow.

The leading Chinese exchanges announced the introduction of a new commission on Twitter.

Ripple Analysis for September 13: Since Chinese exchanges account for less than 5 % of XRP trading volumes, their closure shouldn't cause us to abandon our Ripple price prediction quite yet.

Now, at least, we know that Chinese exchanges have to cease yuan - denominated trading by the end of October.

For example, when Chinese exchanges imposed transaction fees earlier this year, trading volumes fell dramatically.

On Thursday, BTCChina, one of the largest Chinese exchanges publicly announced that it would close its exchange on September 30.

Bitcoin prices sank under $ 403 after several Chinese exchanges made public announcements on their sites.

But some of the volume was fake, six former employees at two Chinese exchanges told Reuters.

Some Chinese exchanges have falsely inflated their trading volume to lure new customers, according to former employees.

The Chinese exchanges» sky - high volumes appear to have caught the attention of the People's Bank of China.

From about early 2014 until late January this year, Chinese exchanges accounted for about 90 % of global bitcoin trading volume, according to the website bitcoinity.org, which collates trading data reported by exchanges.

After a series of inspections by the central bank, Chinese exchanges in January began charging trading fees — as exchanges elsewhere typically do — and volumes in China plummeted.

While Chinese exchanges are stopping trading from this month's end, Japan has granted 11 cryptocurrency exchange licenses.

The order, however, did not apply to exchanges based in Hong Kong or outside China, including those affiliated with mainland Chinese exchanges.

Bitcoin price dropped further amid a frenzied market sell - off on Friday in a week where two major Chinese exchanges announced the halt of trading operations following regulatory scrutiny.

Then, two major Chinese exchanges — OKcoin and Huobi — announced that bitcoin withdrawals would be suspended for a month by mid-February.

Then, two major Chinese exchanges — OKcoin and Huobi — announced that bitcoin withdrawals would be