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Title : Crypto News: A Few Chinese Bitcoin Exchanges Bid Farewell to the Crypto-Community
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Crypto News: A Few Chinese Bitcoin Exchanges Bid Farewell to the Crypto-Community

Last month many Chinese cryptocurrency trading platforms announced they would be closing their doors for an unknown amount of time. On September 30, BTCC and Viabtc said goodbye for now to the bitcoin ‘community’ and closed exchange operations.

“Dear friends, Viabtc has closed our Exchange service from 00:00 Sept 30th, 2017,” explains the Chinese exchange. “Viabtc has also completed CNY and crypto withdrawal of all users. We appreciate all your support and trust in us from all over the world — See you my friends.”

Currently, Chinese bitcoin traders can still use the trading platforms Huobi and Okcoin until the end of October. Speculators believe Chinese traders are already moving funds to exchanges in Hong Kong and other neighboring regions. Further Over-the-Counter (OTC) trade volumes on exchanges like Localbitcoins is higher than ever before in history. Additionally, people are reporting that Chinese traders are selling bitcoin over Wechat, Telegram and some are flocking to a new decentralized exchange called “Airswap.”

Full story at http://bit.ly/2hMZfNv

Source: Bitcoin News

 

 

 

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