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

LakeBTC 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

Read more about...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.