bter.com

https://bter.com/

Category: cex

Bter.com (Bter) :contentReference[oaicite:0]{index=0} was a Chinese-based cryptocurrency exchange established around 2012–2013 by Jinan Manwei Information Technology Co., Ltd. It became one of the more prominent early exchanges during the first major wave of Bitcoin and altcoin adoption. ### Overview - Founded: 2012/2013 - Operator: Jinan Manwei Information Technology Co., Ltd. - Type: Hybrid exchange - Fiat-to-crypto trading - Crypto-to-crypto markets - Market Focus: Primarily Chinese users, but also served international traders - Reputation (early years): Known for listing a wide range of altcoins during the early crypto boom ### 2015 Security Breach In February 2015, Bter suffered a major hack in which approximately 7,000+ BTC were stolen. The incident significantly impacted user confidence and operations. ### Closure & Rebranding Due to: - The 2015 security breach - Increasing regulatory pressure and cryptocurrency restrictions in China (2017) Bter shut down operations in late 2017. The platform was later rebranded and relaunched as :contentReference[oaicite:1]{index=1}, which continues to operate today as a global cryptocurrency exchange. ### Summary Bter was an early and influential Chinese cryptocurrency exchange that helped shape the altcoin trading ecosystem in the mid-2010s. However, security issues and regulatory changes led to its shutdown and transformation into Gate.io.