BTC Price
$6020.1
source of data: Bitfinex

Buy & Sell
Price / BTC Currency Suggested Trader Orders Payment Method Limit / BTC  

Hot News
news-image

-

-

news-image

-

-

news-image

-

-

Price
Markets
 Last
loading...
USD/CNY Rate: 6.502604

About Us

Chinese Investors Turn to Bitcoin Amid Yuan Depreciation

The continuous devaluation of the Yuan has increased demand for bitcoin and new asset classes in China. Today, the country counts some 2 million bitcoin users; among them, 80 percent are speculating for short-term profit and about 14 percent are holding long-term, recognizing the value of the digital currency, according to Fang Yu, COO and Co-Founder of BitKan. Speaking at the laBITconf conference in Buenos Aires earlier this week, Yu pointed out China's appetite for bitcoin and other digital currencies and noted the craze for blockchain technology within both the private and public sectors.   "Big banks and financial institutions, even the government, are taking part in the research of [blockchain technology]," Yu told the audience. "They all consider [the blockchain] as a big chance for disruption. Even some banks have already set up their in-house research department for this." In October, China's Ministry of Industry and Information Technology issued a whitepaper that explored various applications of blockchain and ...

Register Now

Partners

bitmain.jpg
okcoin.jpg
huobi.png
8btc.png
chainb.png
btctrade.png
btcbox.png
blockchair.jpg
chainfor.jpg
f2pool.jpg

About Us

BITKAN is founded in 2013. It owns the largest number of users within the industry in China. It features OTC trading service, as well as price viewing, news reading, mining monitoring, price alert and E-Wallet services, etc. The founding team is made up with experienced former HUAWEI employees, dedicated to provide the most professional and safest services to its users.