BitVC.com

https://BitVC.com

https://www.crunchbase.com/organization/bitvc

cex

BitVC.com (BitVC)

BitVC.com was the web domain associated with BitVC, a centralized cryptocurrency trading platform that emerged in the mid‑2010s and is most widely described in contemporaneous reporting as a Huobi-affiliated venue focused on leveraged products (notably margin trading and later futures/derivatives). (coindesk.com)

Overview

• Type (category): Centralized exchange (CEX), with an emphasis on margin trading and derivatives rather than simple spot-only brokerage. (coindesk.com)
• Affiliation: Reported as a Hong Kong–registered subsidiary/affiliate brand connected to Huobi (now known as HTX). (coindesk.com)
• Historical features: Included margin trading and an associated interest-earning/savings-style product branded “Yubibao” in early coverage. (coindesk.com)

Notable historical events

• 2014 (launch era): CoinDesk reported Huobi introducing margin trading and interest accounts under the “BitVC” and “Yubibao” brands, positioning BitVC as internationally oriented and Hong Kong-linked. (coindesk.com)
• 2014 (loss allocation controversy): CoinDesk reported that BitVC (described as Huobi-owned) drew criticism after allocating a “system loss” by taking a large share of weekly trader profits, later describing reimbursements/changes. (coindesk.com)
• 2015 (product narrowing): BitVC announced it would cease litecoin futures to focus on bitcoin futures, per CoinDesk. (coindesk.com)

Regulatory note (United States)

The U.S. Commodity Futures Trading Commission (CFTC) placed “BitVC” on its RED List (date listed: April 25, 2017), stating it appeared to be acting in a capacity that could require CFTC registration while soliciting and/or accepting funds from U.S. customers, and that it operated outside the U.S. with limited U.S. presence. (cftc.gov)

Current operational status

Public, high-quality documentation about the current operational status of BitVC.com itself is limited in the sources above; however, the domain is documented historically (e.g., by CoinDesk and the CFTC RED List entry). (cftc.gov)