Bitcoin Forum

Economy => Speculation => Topic started by: ringsting on December 18, 2013, 01:49:42 AM



Title: I just Funded My BTC China Account
Post by: ringsting on December 18, 2013, 01:49:42 AM
So with all the poeple saying this has been closed down I thought I would try, here are the facts as far as I know:

  • I just funded 50 Yuan to my BTC China account from Bank of Comms with no issues
  • Withdrawals are slow, I think they are done manually and there is probably a huge volume of withdrawals at the moment.  A BTC withdrawal took four hours for them to process on Tuesday
  • It seems that payment processors have until Chinese New Year (end of Jan) to close down BTC China deposits/withdrawals
  • It is not clear whether the internet payment processing systems that most banks offer count as 3rd party payment processors.  It may be possible to still deposit straight from a bank, which is just as easy as using a 3rd party processor.