BTCChina Exchange will Close at the end of this septembersteemCreated with Sketch.

in news •  7 years ago 

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The second largest bitcoin exchange in china announced earlier today they are gonna shut down at the 30th of september.
the closure of the btcc china will be a surprise to the industry .

Japan based exchangers in the other hand is taking advantage of the situation as a lot of traders from china immigrates to japan based exchanger such a coincheck and bitflyer.

Bitcoin-Exchange-BTCC-to-Halt-Trading-as-Regulatory-Storm-Brews-in-China-1068x1068.jpg

cointelegraph can see the price of bitcoin heading down to 3000usd

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Japan saw the potential and took advantage of the opportunity, Why not?