[2016-07-05] BitX launches exchange and wallet support for Singapore

[BitcoinXio]

BitX is a bitcoin exchange and wallet that has focus market areas such as South Africa, Nigeria, Malaysia, Kenya, and Indonesia. And with their latest expansion, they are going to begin focusing on Singapore.

Read more: http://bitcoinx.io/news/articles/bitx-launches-exchange-and-wallet-support-for-singapore/

[Kprawn]

This will pull in a lot of business for them --> As part of the launch in Singapore, all BitX Singapore users will be able to buy and sell bitcoin with zero fees for a limited time. The Chinese have

this same deal in place, but on a permanent basis. The trade volumes on their exchanges are much higher than any other exchanges, and this might just be the reason for that. {The debate is still open,

if this is being manipulated, but until it is proven.. we have to accept it as plausible} This is a good move... 
 

[BitcoinXio]

This will pull in a lot of business for them --> As part of the launch in Singapore, all BitX Singapore users will be able to buy and sell bitcoin with zero fees for a limited time. The Chinese have

this same deal in place, but on a permanent basis. The trade volumes on their exchanges are much higher than any other exchanges, and this might just be the reason for that. {The debate is still open,

if this is being manipulated, but until it is proven.. we have to accept it as plausible} This is a good move... 
 

Yes, I agree that it's being manipulated in the Chinese markets. For example, I think the biggest offender is Huobi exchange. Just look at this chart and tell me it's not being manipulated: http://markets.bitcoinx.io/charts/volume