BTC China launches iOS app; wallet app Picasso awaiting approval

Coindesk reports that BTC China's iOS mobile app is now available in Apple's App store.

The app includes Market Depth Market Depth Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Read this Term and trade history charts. BTC/CNY, LTC/CNY and BTC/LTC can be traded.

Wallet app Picasso is awaiting Apple's approval. It is a wallet app that also features a "sell for cash" feature, fulfilling a similar function to Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term ATMs but without the hardware.

They have also slashed transaction fees from 0.0005 BTC to 0.0001 BTC when sending bitcoins using the app. Sending to other Picasso accounts remains free and confirmations are instantaneous, as it becomes just an internal accounting exercise.

Numerous apps involving the transmission of bitcoins have recently launched or re-launched, taking advantage of Apple's reversal of its previous ban.