24 Sep '13, 2pm

Bitcoin exchange BTC China eliminates trading fees

Bitcoin exchange BTC China eliminates trading fees

BTC China has become the world’s first major bitcoin exchange to scrap its trading commission fees, albeit temporarily. The company, which launched in June 2011, was charging 0.3% for all trades made on the site before taking the decision to run a promotion eliminating this fee. “We already deliver an outstanding consumer experience, and with this promotion, we will now also offer superb value. The future is bright, for bitcoin in China,” said Bobby Lee, CEO of BTC China . He explained the promotion will run until the end of the Chinese National Day holiday on 7th October. The halts of trading commission fees follows the company’s decision to scrap deposit fees in July, which Lee said was to encourage further bitcoin adoption in China. “We think China can become a healthy market for bitcoin, so we want to take this opportunity to cement our position as the top exchange in ...

Full article: http://www.coindesk.com/bitcoin-exchange-btc-china-elimin...

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