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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

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Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub.

Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol

2020-06-26T09:48:00+01:00

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The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets.

Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged

2020-06-24T09:27:00+01:00

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Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users.

$10M Investment From Tether Won’t Change Celsius’ Mission of Sharing

Michael Kapilkov

2020-06-22T02:00:00+01:00

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Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade.

Crikey! Kraken Launches Support for Aussie Dollar Trading Pairs

2020-06-17T05:25:00+01:00

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Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too.

Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking

2020-06-12T10:39:00+01:00

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Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence.

Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative

Michael Kapilkov

2020-06-11T21:33:00+01:00

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$1 billion worth of Bitcoin stolen from Bitfinex in 2016 could be dumped onto the market by the thieves, while apparently a few BTC found their way back to the ...

It Looks Like Some Stolen Bitfinex Coins Are Already Back at Bitfinex

Michael Kapilkov

2020-06-09T16:42:00+01:00

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As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes.

Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5

2020-06-05T21:53:00+01:00

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