Quote from: iluvpie60 on August 21, 2014, 07:19:56 PM

Quote from: lomalio on August 21, 2014, 05:07:20 PM

So I came across bitvc, it asks no fees.

I said they must make money from advertising. Now I haven't used it so I don't know.

However!! How can you make advertising money if the members use bots to trade? Bots do not visit webpages. It almost sounds too good to be true. No fees = bot heaven.

hi! be wary. sometimes these sites will scam you and say they were created by someone who is trusted when it turns out they are lying.

gotta due your due diligence and loko things up!

sounds like a scam to me, dont send your coins to somewhere that even seems shady.

"BitVc is a new trading platform which allows margin trading of Bitcoin and Litecoin. Like Huobi, there will be zero trading or withdrawal fees. BitVc is based on Huobi's API and will support BTC/LTC derivatives and financial instruments. Bitvc will be focused on margin trading, derivatives, and other financial instruments, while Huobi will continue to be mainly a spot trading platform. The API will be opened later for other developers to create applications on it. BitVc was created by the people behind Huobi, which has an impeccable security and performance record.

BitVc will feature a new product/service called Yubibao, which is an interest-bearing BTC/LTC account within BitVc. You can move your BTC/LTC into your Yubibao and withdraw into your normal account instantly and at any time. Yubibao gives risk-averse people a safe, easy way to put their coins to work for profit. Interest will be derived from traders who borrow to trade on margin. BitVc pools all the deposits in Yubibao and offers the same market rate to savers.

BitVc is currently in invitation-only mode, but you can send me a message if you want an invitation code. Your feedback would be much appreciated."

https://www.bitvc.com/

http://newsbtc.com/2014/06/16/chinese-bitcoin-exchange-huobi-launch-virtual-currency-based-derivatives-platform-bitvc/"

Source: http://www.reddit.com/r/BitcoinMarkets/comments/28u7w2/bitvc_a_new_trading_platform_from_huobi/

It was posted by Huobi so i doubt it's an scam, it's just their another exchange and you probably don't have to worry about scamming guys