Results 1 to 4 of 4
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    4,162
    Thanks
    406
    Thanked 1,858 Times in 1,139 Posts

    Default China bitcoin exchanges to apply trading fees

    China's three largest bitcoin exchanges, whose activities have drawn increased scrutiny from the central bank, said they will begin charging trading fees effective Tuesday. The fee will be 0.2% per transaction.

    The absence of trading fees has encouraged volumes and boosted demand at Chinese bitcoin exchanges. The New York Times, citing data by blockchain analysis firm Chainalysis, reported in late June that 42 percent of all bitcoin transactions took place on Chinese exchanges in the first half of the year.
    Read more here from Yogonet.com: http://www.yogonet.com/international...y-trading-fees

  2. #2
    Virtual Marketing is offline Public Member
    Join Date
    April 2010
    Location
    Uk
    Posts
    108
    Blog Entries
    1
    Thanks
    0
    Thanked 27 Times in 19 Posts

    Default

    These fees already adjusted

  3. #3
    Pokerface's Avatar
    Pokerface is offline Public Member
    Join Date
    August 2016
    Posts
    2,569
    Blog Entries
    1
    Thanks
    425
    Thanked 848 Times in 611 Posts

    Default

    Interesting facts about how large the bitcoin transactions are and accounted for in China.
    statsdrone.com

    GPWA members get a 2-month free trial - DM me!

  4. #4
    BetTripAdvisor is offline Public Member
    Join Date
    October 2016
    Posts
    19
    Thanks
    2
    Thanked 8 Times in 7 Posts

    Default

    Very big!! bitcoin is a tunnel for capital flow away from China.
    Considering the strict capital control of Chinese Government.
    Bitcoin naturally is a wonderful tool to transfer money.

  5. The Following User Says Thank You to BetTripAdvisor For This Useful Post:

    Moonlight Cat (8 March 2017)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •