Bitcoin Forum

Economy => Marketplace => Topic started by: LakeBTC on June 30, 2014, 03:25:16 PM



Title: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on June 30, 2014, 03:25:16 PM
LakeBTC.com is excited to announce our partnership with CoinDesk. Effective immediately, LakeBTC becomes one of the four major bitcoin exchanges that decide CoinDesk Bitcoin Price Index (BPI). CoinDesk BPI represents an average of bitcoin prices across leading global exchanges that meet certain criteria, and is intended to serve as a standard retail price reference for industry participants and accounting professionals.

Since bitcoin market is distributed and fragmented by nature, a trustworthy and reliable price index becomes an extremely important foundation to all financial products on top of it. Bitcoin derivatives and structured products need an underlier that is stable and difficult to manipulate. As one of the most influential media in cryptocurrencies, CoinDesk selected four prominent bitcoin exchanges with most activities and user coverage to build the well recognized BPI, a true benchmark of the global market. We are certain that an increasing number of market players and financial products will employ BPI as the reference price, and our partnership will benefit bitcoin users worldwide.

About CoinDesk: CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies. It covers news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

About LakeBTC: LakeBTC.com is a leading bitcoin platform with rigorous risk management and internal control schemes. Security, liquidity, and service are three attributes that make LakeBTC stand out of the crowd. More and more individual investors, miners, merchants, trading firms and institutions trade bitcoins, manage portfolios and hedge risks on LakeBTC everyday.

https://www.lakebtc.com/p/2405?locale=en


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: GreenCoin22 on June 30, 2014, 04:44:38 PM
Are people around the world available in the trade on lakebtc?  Is there restrictions or rules?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 01, 2014, 03:08:26 AM
it looks good.

thanks  ;D


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 01, 2014, 03:09:08 AM
Are people around the world available in the trade on lakebtc?  Is there restrictions or rules?

yes we serve users around the globe  :)


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: BitcoinAverage on July 01, 2014, 06:08:49 AM
We've integrated every exchange that we've been made aware of over the past year. Where is the need for a 'partnership' to be used in an average?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Jamacn on July 01, 2014, 07:16:40 AM
Why is CNY fee so much lower than of USD fee?  >:(


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 01, 2014, 07:25:01 AM
We've integrated every exchange that we've been made aware of over the past year. Where is the need for a 'partnership' to be used in an average?

not to mention other things, there's a subtle difference between "average" and "index", right?

Your site looks good btw  :)


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 01, 2014, 07:25:50 AM
Why is CNY fee so much lower than of USD fee?  >:(

you may trade in CNY too even if you do not live in China.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: desticy on July 01, 2014, 09:15:06 AM
Why is coindesk only add the USD price? It seem to CNY price is the major trading of LakeBTC.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 02, 2014, 01:01:33 AM
Why is coindesk only add the USD price? It seem to CNY price is the major trading of LakeBTC.

CoinDesk has a comprehensive procedure and predefined criteria to choose exchanges. Since USD index is what matters to most users around the world, we work on that first. :)


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Fioraver on July 02, 2014, 04:24:04 AM
What are you come from? Where is the company located in?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: C.Steven on July 02, 2014, 04:38:35 AM
What are you come from? Where is the company located in?

Looks like they are from China.
https://lakebtc.com/s/about?locale=en
Quote
Customer Support
...
 Addr: Suite 613, 231-1 Ludi Avenue, Kunshan, Jiangsu, China

EDIT: I am pretty sure they are in China, but not sure if they are in Jiangsu or Shanghai or both...

http://www.coindesk.com/huobi-lakebtc-added-coindesk-bitcoin-price-index/
Quote
CoinDesk has been closely monitoring Shanghai-based LakeBTC in recent weeks.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Fioraver on July 02, 2014, 04:45:52 AM
What are you come from? Where is the company located in?

Looks like they are from China.
https://lakebtc.com/s/about?locale=en
Quote
Customer Support
...
 Addr: Suite 613, 231-1 Ludi Avenue, Kunshan, Jiangsu, China

Oh, thank you, I did't see it yet last time


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: yitingyou on July 02, 2014, 05:21:19 AM
Congratulation
but if there can be leveraged transactions on LakeBTC, I will contribute more trading volume.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: BTCjust on July 02, 2014, 07:24:22 AM
Is the price gone up because of this or not, yesterday?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Pkuwag on July 02, 2014, 07:38:40 AM
Hope LakeBTC get better and better and I expect more trading product.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Nrcewker on July 02, 2014, 07:47:23 AM
What are you come from? Where is the company located in?

Looks like they are from China.
https://lakebtc.com/s/about?locale=en
Quote
Customer Support
...
 Addr: Suite 613, 231-1 Ludi Avenue, Kunshan, Jiangsu, China

EDIT: I am pretty sure they are in China, but not sure if they are in Jiangsu or Shanghai or both...

http://www.coindesk.com/huobi-lakebtc-added-coindesk-bitcoin-price-index/
Quote
CoinDesk has been closely monitoring Shanghai-based LakeBTC in recent weeks.



I would also like to know the specific circumstances.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: GreenCoin22 on July 02, 2014, 07:56:03 AM
Are people around the world available in the trade on lakebtc?  Is there restrictions or rules?

yes we serve users around the globe  :)

BTC is perhaps more popular than the USD in the future.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: Bejkn on July 02, 2014, 08:11:47 AM
Do’t you think it is time to lower your fees?  : )


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: desticy on July 02, 2014, 08:15:52 AM
Why is coindesk only add the USD price? It seem to CNY price is the major trading of LakeBTC.

CoinDesk has a comprehensive procedure and predefined criteria to choose exchanges. Since USD index is what matters to most users around the world, we work on that first. :)

oh, LakeBTC's customer service is really a fast response speed.


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: desticy on July 02, 2014, 08:28:13 AM
anohther Q:

I have already met the requirements : https://www.lakebtc.com/s/fees
But when I was done the trading, it seem to the fee didnt change, how should I apply for the fee discounts?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: bounst on July 02, 2014, 08:54:46 AM
I'd like to do more frequent short-term trading on LakeBTC, but the USD trading fee makes that impractical.  :-[


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 03, 2014, 02:19:29 AM
I'd like to do more frequent short-term trading on LakeBTC, but the USD trading fee makes that impractical.  :-[

currently pro traders do two things: either trade in cny and enjoy 0% promotional rate, or reach a certain USD volume and enjoy 0.1% rate :)

let us know if either works for you :)


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 03, 2014, 02:20:14 AM
anohther Q:

I have already met the requirements : https://www.lakebtc.com/s/fees
But when I was done the trading, it seem to the fee didnt change, how should I apply for the fee discounts?

yes please contact support and we will adjust the fee for you if you meet the criteria given. thanks :)


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: desticy on July 03, 2014, 10:24:18 AM
anohther Q:

I have already met the requirements : https://www.lakebtc.com/s/fees
But when I was done the trading, it seem to the fee didnt change, how should I apply for the fee discounts?

yes please contact support and we will adjust the fee for you if you meet the criteria given. thanks :)

Do you have any updates on the timeline for the LakeBTC?


Title: Re: LakeBTC is part of CoinDesk BPI
Post by: LakeBTC on July 03, 2014, 12:38:53 PM
anohther Q:

I have already met the requirements : https://www.lakebtc.com/s/fees
But when I was done the trading, it seem to the fee didnt change, how should I apply for the fee discounts?

yes please contact support and we will adjust the fee for you if you meet the criteria given. thanks :)

Do you have any updates on the timeline for the LakeBTC?

pls elaborate or contact customer support  :)