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September 29, 2013, 06:44:17 AM |
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Hi Bitcointalk,
I've just launched a new RMB exchange at Xcoin.io. The exchange is built with to be completely easy to use, and to incentivize liquidity we've implemented a liquidity rebate! This means that when a user enters any limit order that ends up in the order book, we will pay the user a rebate of .2% when that order gets filled. The transaction fees are paid by the other side of the trade. Right now we are able to take deposits via Alipay and bank transfer, and only deal in RMB. I've labelled the site as beta for now because it is brand new and I want to make sure things go smoothly at first, and there are a bunch of features I want to implement as soon as possible, but at this point it should be ready to go!
I would love to hear some feedback from the bitcointalk community. Competition in the exchange space, particularly in China, is pretty fierce, but my view is that the more liquidity options for users the better at this point, and eventually the winners will shake out. So please sign up and let me know what you think! As a bonus, the I will deposit .1 BTC into the accounts of the first 10 users who sign up and deposit at least 200 RMB into their accounts.
A little about myself: I'm a lawyer and engineer who is fascinated by Bitcoin and its uses and implications. XCoin is owned by a properly registered and operated company located in Shanghai, and knowing that trust is a big issue with the Bitcoin community, we will be doing our best to be completely transparent in our activities.
I'm also looking for developers who love bitcoin who are interested in helping me continue to build this product. China is a huge potential market for Bitcoin, and I have a lot of great plans for additional products and services for this market. In the coming months, I would also like to start gathering a group of Bitcoin enthusiasts in China to develop a think-tank-like organization to grapple with Bitcoin's legal status here. I would love to find some partners who are interested in either of these initiatives. PM me if you or someone you know may be interested!
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