Bitcoin Trading on Margin Halted by Major Chinese Exchanges
Posted: Thu Jan 12, 2017 2:13 pm
The possible ramifications of the recently revealed investigation by the Chinese central bank of bitcoin exchanges are starting to come to light after BTCC, Huobi and OKCoin suddenly stopped offering leveraged trading on margin. Luckily for long term traders and investors, this time the news hasn’t hurt the price so far, with the BTC/USD exchange rate staying around the $800 level.
Want to learn more? Bobby Lee, the CEO of BTCC, will be giving the keynote speech about Bitcoin and China at the iFX EXPO in Hong Kong, register now.
Talking to us shortly before this publication, Bobby Lee, the ... (read more)