China's Largest Bitcoin And Litecoin Exchanges Charging Trading Fees Jan 24, 2017 at 16:18 // News Starting January 24, 2017, China’s largest cryptocurrency exchanges, BTCC, Huobi, OKCoin, will be charging a fee for every trading operation with Bitcoin and Litecoin.According to the BTCC announcement: “BTCChina ceased offering margin loan services as a result of the recent extreme volatility in bitcoin price.To curb market manipulation and reduce market volatility, BTCChina is also considering charging trading fees, as is the case with other bitcoin exchanges.” Chinese cryptocurrency exchanges are now charging a flat fee of 0.2% per transaction for both market makers and takers starting 12:00 p.m.UTC+8 on Tuesday, January 24th.However, a trading fee will be charged only when the order is executed, and if the customer cancels an order before it is executed, then a trading fee won't be charged.The decision by BTCC, Huobi, and OKCoin to implement a trading fee comes soon after the recent spot checks by the People's Bank of China that pointed out a “ significant volatility in bitcoin trading”.

According to the report by The Star Online, “a person familiar with the matter said the exchanges had not received direct instructions from the PBOC, but decided to introduce trading fees to align with its wishes to see the bitcoin market cool down.” 0 0 0 0 Send to Mail 0 0 0 0 Send to Mail Apr 20, 2017 at 21:21News Aug 12, 2016 at 15:54Price Mar 19, 2017 at 21:55News Jun 19, 2017 at 17:35News Jul 22, 2016 at 10:00Blockchainethereum token appBuy and sell bitcoin (and litecoin!)bisnis bitcoin indonesiaat our convenient ATMs located in your neighborhood.win bitcoin faucetBitcoin ATMs allow you to purchase bitcoin without a bank account, debit card or credit card.wo steht die bitcoin adresse

You can buy bitcoin in as little as 90 seconds with just your bitcoin wallet on your smartphone.LocationsGeographically diverse & always adding new ATMs!bitcoin timeline valueAthena Bitcoin currently operates in seven states.linux nvidia bitcoin miningCheck out our Twitter @AthenaBitcoin for updates!FastGet your bitcoin in seconds!In less than a minute you're into bitcoin!Low FeesAthena Bitcoin ATMs charge some of the lowest fees for instant bitcoin buys and sellsSecure StorageWith the Athena Bitcoin Wallet you can safely use and store bitcoin on your smartphone with an app designed for beginners and loved by experts.Visit our Instructions page to learn more.Tweets by @AthenaBitcoin LocationsStore Locator is loading from Storemapper store locator... How it WorksAre you new to Bitcoin?Interested in purchasing your first bitcoin from one of our machines?

We are going to go over the four easy steps to purchasing bitcoin from one of our Bitcoin ATMs.Transaction fees for the top cryptocurrencies have experienced a significant increase recently, with Dash fees remaining some of the least expensive.As public interest in digital assets has grown in recent months, the collective market cap for cryptocurrency has risen from $45 billion to $95 billion in the last month alone.With it, transaction fees for some of the top cryptocurrencies have risen accordingly.The seven-day moving average fee for Bitcoin is now $4.04 per transaction, excluding it from viability for most regular purchases.Monero’s fees come in second at $1.72, mostly due to a much higher data load because of its encrypted transactions many times larger than Bitcoin’s Ethereum joins Bitcoin and Monero in the “high fee club” While several coins are to be expected to have high fees, an unusual addition to the group is Ethereum.As its market cap grows past half of Bitcoin’s and as its usage increases accordingly, Ethereum’s fees have been on a significant upswing over the last month, growing from a seven-day moving average of about $0.25 to $0.90 at present.

While this is still far from those of Bitcoin or Monero, such a fee still precludes Ethereum from efficient use for small transactions such as the proverbial cup of coffee.Of the top coins, only Dash and Litecoin have retained low fees with no significant increase.Dash’s seven-day moving average for fees is $0.11, while Litecoin is close at $0.14.Unlike the other coins listed here, Dash also has the option to do instantly-confirmed transactions through the InstantSend function, which cost ten times as much as a regular transaction, likely driving the average transaction higher than it would otherwise be.Long-term scaling solutions remain a hot topic Now that digital currency is increasingly breaking into mainstream consciousness, the question of scaling to effortlessly handle the user load promised by mainstream adoption remains a hot topic.In the meantime, Bitcoin remains at an impasse in its scaling debate, as even the 2mb + SegWit compromise agreed upon by over 50 companies and over 80% of the network hashrate has been unable to prevent community divisions.

This has provoked a rise of “cryptohooliganism,” with cryptocurrency fans using divisive and vitriolic approaches to promote their favorite projects.Some online services working with cryptocurrencies are looking to solve some ongoing issues.Backpage, for example, is now pushing users toward the use of Litecoin, rather than Bitcoin.This is a direct result of the mounting Bitcoin transaction fees.In fact, anyone crediting their Backpage account with Litecoin will receive a 10% bonus.This is quite an intriguing development.Backpage Pushes Litecoin Adoption It is quite interesting to see service providers such as be aware of the ongoing Bitcoin issues.More specifically, the mounting Bitcoin transaction fees.Even though Bitcoin is still a great tool it is also an expensive solution right now.This forces some service providers to look at things from a different perspective.Moreover, companies need to look for alternative payment solutions.In the case of Backpage, that alternative comes in the form of .

For quite some time now, Litecoin has become a powerful tool in the hands of cryptocurrency users.Even though this value is still somewhat suppressed, Litecoin is here to stay.In fact, companies will try to push Litecoin adoption in the coming months.Backpage is already doing so, by offering a 10% bonus credit on Litecoin deposits.An interesting turn of events that may help Litecoin become more appealing.The reason behind this decision is not hard to find.Bitcoin’s transaction fees become increasingly more expensive.Right now, there is a US$1.5 fee for a US$20 transfer.Litecoin, on the other hand, costs US$0.This means Backpage users save on fees and get more credit in their account by using LTC.It is a very compelling argument, that much is evident.Whether or not a lot of people will use Litecoin on Backpage, remains to be seen.The bigger question is whether or not services like these will give Litecoin a popularity boost.After all, Backpage is not exactly the most mainstream services in the world.