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Bitfinex News

The Bitfinex exchange is a popular platform for exchanging cryptocurrencies, also hosting spot and derivatives trading as well as certain lending, borrowing and staking features. Bitfinex came into existence in 2012. Bitfinex fees for spot trading are 0.10% for maker orders and 0.20% for taker orders. For derivatives trading, maker orders give customers a 0.02% rebate, while taker orders incur a 0.075% fee. Trading fees vary for each customer based on their trading volume and activity. Bitfinex also has its own utility crypto token called Unus Sed Leo (LEO). Because it restricts a number of regions, Bitfinex U.S. customers are not allowed. On Bitfinex, KYC and Anti-Money Laundering procedures are employed.

Back in 2016, there was a Bitfinex hack in which 119,756 Bitcoin (BTC) was stolen. Back then, 119,756 BTC was valued at about $72 million total.

Market Analysis
While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges profited greatly from this uncertainty.
Crypto Exchanges Made a Killing During the Ides of March
Michael Kapilkov
2020-03-23T18:07:00+00:00
8645
News
Major cryptocurrency exchange will remove 87 trading pairs aiming to optimize the service’s experience for their customers.
Bitfinex to Delist 87 Crypto Trading Pairs Aiming to Improve Liquidity
Felipe Erazo
2020-03-20T20:22:00+00:00
6200
News
Major cryptocurrency exchange Bitfinex listed a $280 million cryptocurrency hedge fund.
Cryptocurrency Exchange Bitfinex Lists $280M Crypto Hedge Fund
Adrian Zmudzinski
2020-03-16T09:12:00+00:00
4177
Analysis
USDT remains the largest stablecoin by far and is listed on all the major exchanges and wallets. Sogani: “Any [court] decision will impact the industry directly...
Proving That Tether Manipulated Bitcoin 2017 Bull Run Won’t Be Easy
Andrew Singer
2020-03-08T16:45:00+00:00
8148
News
Bitfinex, an affiliate exchange of stablecoin firm Tether, rolled out futures trading for Tether’s new gold-backed coin XAU₮.
Bitfinex Launches Tether Gold Futures Trading After It Hit $21M Market Cap
Helen Partz
2020-03-06T16:34:00+00:00
2911
News
Reginald Fowler has pleaded not guilty to a fresh charge of wire fraud for his alleged operation of shadow banking company Crypto Capital.
Reginald Fowler Pleads Not Guilty to New Crypto Capital Charges
Samuel Haig
2020-03-06T07:18:00+00:00
2601
Follow up
2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception.
DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related
Stephen O'Neal
2020-03-03T20:45:00+00:00
2975
News
Bitfinex, the 11th largest cryptocurrency exchange by daily trading volume, will remove dozens of crypto trading pairs later on this week.
Bitfinex to Delist Nearly 50 Cryptocurrency Trading Pairs on March 6
Helen Partz
2020-03-02T14:54:00+00:00
7803

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