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Bitcoin Exchange LakeBTC Enables GBP and JPY Trading

Cryptocurrency exchange LakeBTC has enabled GBP and JPY deposits and added the option for customers to trade with the two currencies.

Shanghai skyline

Cryptocurrency exchange LakeBTC has enabled GBP and JPY deposits and added the option for customers to trade with the two currencies.

LakeBTC

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users can deposit GBP via a UK bank transfer, while JPY deposits can be made via a Japanese domestic bank transfer.

A spokesperson for the China-based exchange, currently ninth in terms of BTC/USD ($1,536,570) trading volume in the last 24 hours, said they were in the process of adding EUR deposits and BTC/EUR trading and hoped to enable the features in the next couple of weeks.

According to the spokesperson, the exchange is also looking to enable GBP, JPY and EUR withdrawals in the next couple of months.

The news comes after the exchange – founded in early 2013 – announced it would enable its customers to bypass the delays and costs associated with international bank transfers by becoming a Ripple gateway last year.

Shanghai image via Shutterstock

Yessi Bello Perez

Yessi was a member of CoinDesk's editorial staff in 2015.

Picture of CoinDesk author Yessi Bello Perez