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 LakeBTC.com: Bitcoin Exchange | |
| Limited company (BVI) | |
| Industry | Bitcoin exchange |
| Headquarters | Shanghai, China |
Key people | Thomas Xie, CEO |
| Products | Buy and sell Bitcoins |
| Services | Bitcoin trade Bitcoin wallet Merchant Tools |
| Owner | Lake Investments Limited |
| Website | www |
LakeBTC project was started in early 2013 as a virtual bitcoin exchange initially for traders and other financial professionals. Later that year, the exchange was incorporated and operated under the current domain name.[1]
The company is based in Shanghai, China, owned by Lake Investments Limited (BVI), supported by Shanghai Trading IT, Inc.[1] Thomas Xie is the CEO.[2] Begun in June 2014, LakeBTC is one of the world's largest exchanges by volume.[3]
In July 2014, LakeBTC has released a "hidden" orderbook feature that it calls its "darkpool", designed to protect investors against "financial predators" waiting to exploit the price distortions created by big trades.[4] Then, they Launched the LakeTrader to help users traded Bitcoin more easily.[5]
Just like Bitstamp, LakeBTC is also Ripple Gateway of IRBA,[6] meaning that users no longer have to wire fiat money LakeBTC's account,[7] Investing commented that "This development should allow more participants into the Bitcoin market, especially those with no access to a bank account."[5]
References
- ↑ 1.0 1.1 "About LakeBTC". LakeBTC. Retrieved June 27, 2014.
- ↑ "LakeBTC CEO Interview by CoinTelegraph". CoinTelegraph. Retrieved July 21, 2014.
- ↑ "LakeBTC cracks the top four USD-exchanges". Coindesk. Retrieved June 30, 2014.
- ↑ "How Bitcoin Brokers Trade Millions Without an Exchange". Coindesk. Retrieved September 5, 2014.
- ↑ 5.0 5.1 "LakeBTC Exchange Launches Browser-based Bitcoin Trading App". Nermin Hajdarbegovic. Retrieved August 20, 2014. Cite error: Invalid
<ref>tag; name "RIPPLE" defined multiple times with different content - ↑ "International Ripple Gateway Association". Ripple Labs. Retrieved August 9, 2014.
- ↑ "LakeBTC Exchange Lets Users Bypass Bank Transfers with Ripple". Coindesk. Retrieved August 12, 2014.
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