https://www.bitebi9.com/markets/view/TEK_CNYbitebi9 is a start up company within the Bao Luo Technology Company Ltd., Dalian, China. It is interesting because the only fiat featured there is Chinese CNY. Apparently you can buy BTC cheaper there. Lots of other coins are listed besides BTC and Tek.
The exchange looks like a Cryptsy subsidiary. mmmmmmm ... I wonder. Well worth encouraging in my book.
#$%^ that. Bitebi9 is either affiliated with Cryptsy or is ripping them off - both valid reasons to stay the hell away.
Possibly. Despite my run-ins with Cryptsy, I still trust them. They've been around a long time, and in that time they have pushed the boundaries. I can understand why others that might not share my opinion, but that's all it is. My opinion.
bitebi9 looks like it could very well be a Cryptsy subsidiary. It would make sense for them to relocate and reform outside the USA. Cryptsy could then avoid the heavy regulation it is currently experiencing. Regarding the other US-based exchanges, I think that there will also be a move to relocate and reform away from the United States, because of the increasing pressures from the banking system to regulate cryptocoins. Polionex, for instance, cannot now process trades from residents of the State of New York. The banks, and other powers that be, will want to introduce centralised digital currency transactions for all soon, and phase fiat out. Decentralised cryptocurrencies are an obstacle in their way.