Nice to know that HaoBTC launches their exchange servise, these guy are really legit in mining and all. I recall that their ANN thread is so good and their PR are very responsive here.
With there being trading fees it may be hard for HaoBTC to compete with other Chinese bitcoin exchanges at the moment, as they often do not have any trading fees which is more appealing to traders. However, this introduces a new realm of issues for exchanges, in particular in China, who have faced backlash from the public in the past because of no trading fees. With zero trading fees, exchanges have been accused of what is called “wash trading.”
I see that they are trying to fight those "wash trading" even though it's gonna be hard on them. i hope that with their service, bitcoin will be more and more widely spreaded in china.
