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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.

Top News

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OKCoin changed how it calculates volume, doubling its reported size, but should the world care and why did they do it?

OKCoin Changes How It Calculates Volume, But Does It Matter?

2014-11-10T19:49:00+00:00

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In a follow-up to our previous interview with OKcoin, this time we got the chance to talk with the CTO of the Beijing-based exchange, Changpeng Zhao.

“As Much As We Compete, When It Makes Sense to Cooperate, We Do” - Changpeng Zhao, CTO OKcoin

2014-09-18T10:44:04+01:00

363

Citing “a significant amount of public interest” in the Department of Financial Services’ proposed regulatory framework for cryptocurrency businesses, the State...

New York Makes More Time for Comments on BitLicenses Proposal

Armand Tanzarian

2014-08-22T09:55:00+01:00

402

Regarding the issue of the global influence that the current BitLicense proposal would have on Bitcoin-related businesses throughout the world, Lawsky said to b...

China's "Big Three" Bitcoin Exchanges Agree that BitLicense Proposal “Could Be Very Damaging to the Industry”

2014-08-22T09:29:00+01:00

442

Organizers of the second North American Bitcoin Conference expect a big turnout for what they describe as “the most community-oriented TNABC yet.”

July 19, 20: North American Bitcoin Conference Expects 2,000-Plus Attendees

Armand Tanzarian

2014-06-30T15:53:00+01:00

902

OKCoin, which claims to be the largest exchange in the country by trading volume, has raised its capital by as much as $10 million in venture capital funding.

China’s Largest Exchange Gets $10 Million Thanks to VC Funding

2014-03-19T09:40:00+00:00

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