Huobi’s BitVC Takes Trader Profit to Cover $1 Million Loss

By cineramaNovember 21, 2014Bitcoin Politics

UPDATE (November 20th 16:01 GMT): Alongsideits plan to pool 20% of all trading fees into a ‘system reserve fund’, Huobi informed CoinDesk it has now reimbursed all users who suffered from its "system loss allocation policy" in the form of credit for future trading fees.

"BitVC will continue working toward our goal of providing a fair, transparent and stable trading platform, and we always welcome user feedback and suggestions," the platform added. Depressed trader BitVC, the digital currency futures […]

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Huobi’s BitVC Takes Trader Profit to Cover $1 Million Loss

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