China: Huobi to launch virtual currency-based derivatives platform BitVc

Tuesday 17 June 2014 00:23 CET | News

China-based Huobi exchange has launched a new web platform, dubbed BitVc, reports.

BitVc is a beta version derivatives-based platform that includes margin trading. The platform launches to the public on the 31st July 2014.

Another service offered by BitVc is “Yubibao”, which works in a similar manner to a bank account by allowing users to transfer coins into a specific account and earn interest on them.

In recent news, Robocoin, a US online Bitcoin banking provider and ATM manufacturer, has launched its first ATM machine in China, reports.

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Keywords: China, Houbi, exchange, digital currency, crypto-currency, Bitcoin, online payments, e-money
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce