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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.

Top News

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

New data suggests that U.S. traders are the most active across major crypto exchanges.

Data: US Traders Most Active Across Major Crypto Exchanges

Miranda Karanfili

2019-02-06T10:59:00+00:00

7128

Phillip Potter has joined the advisory board of a new stablecoin clearing house project.

Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

2019-02-05T16:01:00+00:00

3622

Even for experienced crypto users, unexpected problems can arise that seem impossible to solve. Here, we look at the solutions you need to get things sorted.

Obscure Problems Crypto Users Can Face, Explained

Connor Blenkinsop

2019-01-22T12:12:00+00:00

Independent security analysts at ICORating have given 16 percent of the world’s biggest crypto trading platforms an A rating, and none an A+.

Security Report Gives A or A- Rating to 16% of Major Crypto Exchanges, None Get A+

2019-01-16T15:00:00+00:00

15397

Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings.

Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether

2018-12-22T01:18:00+00:00

10111

A new report claims the majority of the top 25 BTC trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes.

Report Claims Over 80 Percent of Top 25 BTC Trading Pair Volumes on CMC Are Wash Traded

2018-12-17T18:09:00+00:00

14138

Major crypto exchange Bitfinex and its spin-off Ethfinex has introduced support for four more fiat-backed stablecoins.

Bitfinex, Ethfinex Add Four More USD-Backed Stablecoins

2018-12-05T21:14:00+00:00

6606

Popular stablecoin Tether resumed deposit and redemption of USDT to fiat, while affiliate firm Bitfinex added Tether-fiat trading pairs.

Tether Re-Opens Direct Redemption of Fiat, While Bitfinex Adds Tether-Fiat Trading Pairs

2018-11-27T20:49:00+00:00

6200