Chinese exchanges continue to fight for first place in global trade volumes, trade cryptocurrency for the yuan is now three times higher than the transaction in dollars. Analysts and stock operators argue that the dominance of China in the Bitcoin trade is largely due to macro factors and specifics of China's economy, given the kind of investment climate in China and warned that the current volume indicators can mask an accurate picture of the volume of trading on Bitcoin.
Technical Director OKCoin previously expressed his opinion about the specifics of Chinese investments stating that the range of assets available to retail investors in China is relatively limited and is under strict government control.
There is not a lot of assets or businesses where else to invest, and this, combined with the increase in purchasing power leads to contact Bitcoin.
While macroeconomic factors may partly explain the Chinese leadership in the Bitcoin trade, some paid services imposed on Chinese stock exchanges, can give additional impetus to increase the number of transactions.
Such services have been introduced such as trade structure OKCoin, after which trading volumes have grown strongly. Since users are more trade, they accumulate "reward points" that allow them to take more yuan for the margin trading, trading freely borrowed funds CNY-BTC on OKCoin and Huobi.