The folks over at BTC China have, as of January 3rd, implemented a change in fees, according to a notice published on Friday.
Effective immediately, BTC China says the following will change:
- CNY Withdrawal fee is reduced from 1.0% to 0.5%
- BTC China will use the Maker-Taker fee/rebate model for trading:
- Limit orders not executed immediately will be rewarded a 0.3% rebate on execution.
- Orders executed immediately will continue to incur a 0.3% transaction fee.
The changes, of course, come as the recent drama has unfolded with the Chinese government throwing down the banhammer — preventing money processors from working with bitcoin exchanges.
BTC China continues to tweak their model in order to retain a customer base.