What do you think about Viabtc launching a cryptocurrency exchange?

[anneiS_02]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

[bluefirecorp]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

I love to welcome them as they are providing very nice services through "free bitcoin accelerator". I believe they must be having great reputation among this forum members when all other bitcoin miners are being greedy for higher tx fees, only they are coming forward with such a philanthropy motivations. When they will be entering into another business, we can expect same approaches there too.

I just checked viabtc.cn, they are having BTC and ETH trading against CNY and ETH/BTC is the only viable trading pair for rest of china. Hopefully we can expect they will be adding more crypto based trading pairs for all of us.

[OmegaStarScream]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

I wouldn't use them personally, I don't like what they are doing using the free accelerator they provide, they are basically trying to make people support bitcoin unlimited and using their exchange could lead into the same thing and since you don't have control over private keys in exchange, you could be supporting BU without even knowing at some point.

[olushakes]

Based on my experience with the transaction accelerator, I won't use them because what they say they offer is not what I met when every time I tried using the service all I get is the maximum has been reached for that particular hour with no timer or something to indicate when the next hour will commence in other to know how to get prepared for it. Aside that, I have a feeling that was the initial position they are going and the transaction accelerator they are offering as service to the community is just to create awareness.

[wuvdoll]

I don't like what they are doing using the free accelerator they provide, they are basically trying to make people support bitcoin unlimited

You mean to say, if my tx will be include into a block and that block will be mined by a BU supporter then it means I am a BU supporter ? How I can be responsible when a miner has all the rights to pick my tx even without my knowledge ?

Basically the mining scalability consensus never asks a common bitcoiner's opinion. That consensus is only for the people who has considerable hash power and our support/opinion never counts there.

[jhenfelipe]

I used their free accelerator once, not sure if it really helped or not, no worries because it's free. Good luck to them, that's all I can say in this matter. As far as I know, they are going to offer only Bitcoin and Ethereum against the Yuan which I think is not suitable for me. What's good for the supporters is the 0 withdrawal fee, as of now.

[SimmonenY]

Their free accelerator didn't help me either, but still gonna try the new exchange.

[Slow death]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

Hmmm I'm lost because i have not read this news yet

As far as I know, they are going to offer only Bitcoin and Ethereum against the Yuan which I think is not suitable for me. What's good for the supporters is the 0 withdrawal fee, as of now.

Why did they choose to offer only Bitcoin and Ethereum against the Yuan?

[amacar2]

Their free accelerator didn't help me either, but still gonna try the new exchange.

Their free accelerator is working if you can insert your tx as first 100 participants. This slots reset every hour so you can try your luck every hour.  

I will never try any chinese trading platform because they might have really confusing and complicated KYC policy because of strict regulation PBOC have right now on bitcoin exchanges. I also doubt they can provide same level of support to their international clients, also daily trading volume is comparatively lower.

[digaran]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

I wouldn't use them personally, I don't like what they are doing using the free accelerator they provide, they are basically trying to make people support bitcoin unlimited and using their exchange could lead into the same thing and since you don't have control over private keys in exchange, you could be supporting BU without even knowing at some point.

Well at least we know where we could trade our bugcoin duplicates if Bitcoin splits in half, we could then use them as an exchange for those coins, I don't like it as well, 100 tx per hour doesn't solve any problem and is just a propaganda.
They all serving the emperor Jihan the second them Chinese miners.

[jhenfelipe]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

Hmmm I'm lost because i have not read this news yet

As far as I know, they are going to offer only Bitcoin and Ethereum against the Yuan which I think is not suitable for me. What's good for the supporters is the 0 withdrawal fee, as of now.

Why did they choose to offer only Bitcoin and Ethereum against the Yuan?

Their trading pairs: CNY-BTC, CNY-ETH and ETH-BTC, for CNY or BTC/ETH holders. It seems to be just for now as well. According here they are planning to add more popular cryptocurrency to meet investors’ new need. (included the link there since you've mentioned that you haven't read the news yet)

[piloder]

They only have around BTC200 daily trading volume but as new exchanger this volume is quite good one. But does they support international clients or they have only opened this for Chinese traders? .CN suggest they are just another local chinese trading platform.  

[shield132]

They are very new and also they achieved success very quickly. They are going to keep their progress and to my mind their exchanger will be also good, can't see any problem. But their domain name for trading makes me to think that they will be only chinese based market and that's bad, this makes bitcoin in bad situation. If they'll move on worldwide, that will be better. On another hand, time will show us how good they will be.

[BitFinnese]

ViaBTC.CN is committed to delivering a reliable cryptocurrency trading platform with high-speed transaction matching, full-dimension protection, and smooth user experience.
Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate.

I wouldn't use them personally, I don't like what they are doing using the free accelerator they provide, they are basically trying to make people support bitcoin unlimited and using their exchange could lead into the same thing and since you don't have control over private keys in exchange, you could be supporting BU without even knowing at some point.

Well, they are promoting what they believe is the right thing to do with bitcoin scaling issue.  At least they are helping those who have stucked confirmation even thought we need to compete against other people who have unconfirmed transaction. 

I think it is still good having a new cryptocurrency exchange.  So far, their service are good and reliable, so I think it is a plus in bitcoin community for such reliable company to have a cryptocurrency exchange service.