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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

The U.S. DoJ has focused in on its investigation into whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s bull...

Bitfinex Activity, Tether-BTC Price Relation Under Scrutiny from US DoJ, Sources Claim

2018-11-20T16:40:00+00:00

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Tether says it has “redeemed a significant amount” of tokens from the circulating supply, and will now “destroy” 500 million USDT from its treasury wallet.

Tether Redeems and ‘Burns’ More than Half of USDT in Circulation

2018-10-24T20:10:00+01:00

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Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t ex...

Crypto Exchange Bitfinex Denies Allegedly 'Fake' Tether Volumes Listed on CoinMarketCap

2018-10-24T16:20:00+01:00

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Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled.

Bitfinex: The Rumors of 'Insolvency,' Banking Partners’ Escape, and the Suspension of Fiat Deposits

2018-10-20T22:51:00+01:00

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Stablecoin Tether has dipped below its 1:1 ratio with the US Dollar after a year of uncertainty regarding its fiat currency reserves.

Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg

Gareth Jenkinson

2018-10-17T16:11:00+01:00

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Crypto exchange Bitfinex has reportedly moved its banking business to Hong Kong through a private account at Bank of Communications.

Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications

2018-10-17T00:50:00+01:00

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Major crypto exchange Bitfinex has introduced an “improved” fiat deposit system shortly after temporary suspension last week.

Bitfinex Introduces ‘New, Improved’ Fiat Deposit System Following Last Week’s Suspension

2018-10-16T19:30:00+01:00

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Crypto exchange Bitfinex has temporarily suspended all fiat currency wire deposits for the Euro, USD, JPY and GBP, says they will resume “within a week.”

Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’

2018-10-11T14:25:00+01:00

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