China's bitcoin exchanges slap on trading fees


  • TECH
  • Monday, 23 Jan 2017

Being vigilant: The People's Bank of China launched spot checks on bitcoin exchanges BTCC, Huobi and OkCoin to look into a range of possible rule violations.

China's three largest bitcoin exchanges, whose activities have drawn increased scrutiny from the central bank, said they will begin charging trading fees effective Tuesday.

BTCC, Huobi and OkCoin said in separate statements on their websites late on Sunday that they will charge traders a flat fee of 0.2% per transaction.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Oracle shares fall as investors assess up to $50 billion AI funding plan
Trendforce sees chip prices surging 90-95% in Q1 from previous quarter
Apple loses more AI researchers and a Siri executive in latest departures
A chatbot entirely powered by humans, not artificial intelligence? This Chilean community shows why
From fear to familiarity: empowering Malaysia's seniors in the digital age
Oracle says it plans to raise up to $50 billion in debt and equity this year
X back up after brief outage hits US users, Downdetector shows
Musk says steps to stop Russia from using Starlink seem to have worked
French tech company Capgemini to sell US unit linked to ICE
Indonesia lets Elon Musk's Grok resume, lifting ban over sexualised images

Others Also Read