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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.

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Crypto exchange BHEX has concluded a $15 million funding round in anticipation of its official launch in the following days.

Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin

2018-11-30T00:24:00+00:00

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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.

Annual List of China’s Richest Includes Crypto Entrepreneurs

2018-10-11T02:57:00+01:00

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The Liquid Network sidechain, started by Blockstream’s Samson Mow, has gone live.

Blockstream’s Liquid Sidechain Solution for Bitcoin Network Goes Live

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2018-10-10T19:49:00+01:00

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Crypto exchange OKCoin has expanded its trading platform into 20 more U.S. states, and is planning further expansion.

Crypto Exchange OKCoin Expands Trading to 20 More U.S. States

2018-09-13T01:09:00+01:00

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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...

OKEx Founder Star Xu Released From Police Questioning, Denies Fraud Charges

2018-09-12T17:04:00+01:00

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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.

Huobi Buys Majority Stake in Japanese-licensed Crypto Exchange BitTrade

2018-09-12T16:27:00+01:00

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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...

China: Trader Sues Exchange OKCoin for Failing to Release Bitcoin Cash

2018-08-07T03:33:00+01:00

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