[2014-08-22] “In the Bitcoin Industry, Centralization and Decentralization will

[austins]

http://cointelegraph.com/news/112317/huobi-ceo-in-the-bitcoin-industry-centralization-and-decentralization-will-complement-each-other

At the start of 2014, the previously unheard of exchange outside of China became the largest trading venue by volume in the digital currency, creating rumors and speculations of fraud. “Having large volumes is related to our no-exchange fee strategy,” said Li in an interview with forexmagnates. Thus, it is largely speculated that the no trading fee policy resulted in the influx of micro-transactions, bot trading etc. raising trading volume.