BTC China has announced the launch of USD and HKD deposits and withdrawals, joining OKCoin in an effort to extend services to the international community.
Launching USD and HKD deposits and withdrawals, BTC China is now the first Chinese exchange to support three fiat currencies.
The launch began after an invite-only period. During this trial stage, BTC China collected several million USD worth of deposits. This service will be processed via its registered Hong Kong affiliate.
Upon registration, users have the option to select Domestic or International Account. International Account holders will be automatically eligible for this new service. Existing Domestic Account holders who wish to deposit and withdraw using USD or HKD are encouraged to open an International Account. After making their deposit, users will have access to the full range of BTC China’s products and services. All trades will be conducted in BTC/CNY and LTC/CNY.
“As a global company, BTC China is pleased to accommodate the demands of our users, both domestic and international,” said BTC China CEO, Bobby Lee.
BTC China’s users have demonstrated strong demand for the exchange to support other currencies, and this is the first step. Previously, users were only able to make deposits and withdrawals in CNY. As always, trading at BTC China is completely free. BTC China looks forward to continually expanding its products and services to cater to the global market.
About BTC China
Founded in 2011, BTC China is the world’s oldest Bitcoin exchange, and a market-leading innovator of the new digital era. Under its portfolio are a number of mobile and desktop products including:
- Picasso Mobile Wallet
- Mobile Exchange
- BTC China Trader
BTC China is also the first Chinese Bitcoin startup to be VC-funded, it raised $5 million in Series A from Lightspeed China partners in September 2013. Currently, through its exchanges, BTC China offers trading of BTC/CNY, LTC/CNY, and LTC/BTC pairs, and has plans for aggressive international expansion.
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