LakeBTC was founded in early 2013 initially as a bitcoin exchange for traders and other financial professionals.
LakeBTC is currently owned by Lake Investments Limited (BVI), with Shanghai Trading IT, Inc. providing technical and customer support.
On LakeBTC, individuals, merchants and institutions can easily trade bitcoins, lock down the prices, manage their exposures, and hedge their risks.
Ripple’s XRP has had a jump in price hitting a high of 0.34 USD this year. The company continues to develop its payment network for frictionless global payments with settlement in just seconds. Last week, Ripple opened up an office in Mumbai, India expanding its global reach.