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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.

Bitfinex has vowed to pursue legal action against critics including Bitfinex’ed.
World’s Largest Bitcoin Exchange, Bitfinex, Threatens Critics With Legal Action
Joseph Young
2017-12-06T03:51:00+00:00
36934
Analysis
With new integration, 94% of world’s population is able to buy, send and sell Dash. To prepare for increasing adoption, Dash doubles blocksize.
Dash Aims for Mass Adoption: Announces New Integration, Activates 2 MB Blocks
David Dinkins
2017-12-05T22:50:00+00:00
33028
Analysis
Crypto exchanges struggle to meet demand for Bitcoin.
Exchanges Struggle With Massive Influx of Users
Gareth Jenkinson
2017-12-01T10:00:00+00:00
16253
News
Bitcoin has reached $11,000 just hours after major exchanges saw $10,000 come and go.
So Long, $10k: Bitcoin Price Unstoppable As $11,000 Becomes New Benchmark
William Suberg
2017-11-29T13:45:00+00:00
45144
Bitfinex users are questioning the exchange’s trading practices and clarity, suggesting potential disaster.
Bitfinex Struggles with Money Withdrawal, Community Observers Predict MtGox Scenario
Jon Buck
2017-11-19T12:59:00+00:00
93179
Analysis
The market is pretty excited about CME’s planned Bitcoin futures market. But remember, trading goes both ways.
CME’s Bitcoin Futures Market Could Give Teeth to Bitcoin Bears
Jacob J
2017-11-14T04:10:00+00:00
43106
News
Following the spectacular break of the $5,000 barrier last week, many suspected that $6,000 would fall in due course. They were right.
Bitcoin Breaks $6,000 Barrier, Market Cap Now Exceeds $100 Billion
David Dinkins
2017-10-20T20:45:00+01:00
45352
The continuous growth of cryptocurrencies comprise technical difficulties as well as problems exterior to cryptocurrencies themselves, including a lack of clear...
Will Decentralized Exchanges Replace Peer-to-Peer Exchanges Completely?
Frisco d'Anconia
2017-10-20T15:35:00+01:00
27618

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