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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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

Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation.

Bitfinex and Tether Reject 'Baseless' Lawsuit Filed Against Them

2020-06-04T16:02:00+01:00

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Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run.

Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit

2020-06-04T07:22:00+01:00

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A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out.

Bitcoin Price Surge to $10K Followed by ‘Strange’ Exchange Premium

2020-06-02T10:08:00+01:00

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Tether CTO cites the popularity of its ERC20 tokens as the reason why the company never burns them, but stores them in their ‘inventory’.

Tether Explains Why It Hasn’t Burned Any USDT

Michael Kapilkov

2020-05-28T20:45:00+01:00

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A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed.

Bitfinex Is Constantly Printing More Tether, None Of It Has Ever Been Burned

Michael Kapilkov

2020-05-27T22:00:00+01:00

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With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?

Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?

2020-05-27T20:20:00+01:00

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Binance taking the top spot on recently purchased CoinMarketCap has raised concerns among executives from other top crypto exchanges.

Crypto Exchanges Speak Out as Binance Takes CoinMarketCap’s Top Spot

2020-05-22T18:36:00+01:00

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The number of Bitcoins held on centralized exchanges has fallen by more than 10% since Black Thursday in March.

Centralized Exchanges Continue to Shed Bitcoin

2020-05-17T20:30:00+01:00

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