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.

News
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow.
Tether market cap surpasses $40B, growing 10x over 12 months
Sam Bourgi
2021-03-24T17:15:00+00:00
7524
News
Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital.
Bitfinex users can now paper trade their custom algo strategies
Sam Bourgi
2021-03-11T18:11:31+00:00
14302
Newsletter
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.
Law Decoded: Loose ends and long dramas, Feb. 19–26
Kollen Post
2021-02-26T21:13:39+00:00
8789
News
New York regulators are forcing Tether to be fully transparent about its reserves, at the cost of not serving New York residents.
Tether to report reserves and pay $18.5M fine after settlement with NYAG
Andrey Shevchenko
2021-02-23T13:18:11+00:00
15467
News
A half-billion dollar loan has been closed out, but multiple court cases grind on
Amid ongoing legal proceedings, Bitfinex announces Tether loan repayment
Andrew Thurman
2021-02-05T17:48:51+00:00
17689
News
The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino.
Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says
Sam Bourgi
2021-01-31T15:35:44+00:00
19283
News
iFinex needs another 30 days to produce trial documents for New York's attorney general.
Tether and Bitfinex seek further 30 days to produce critical trial documents
Greg Thomson
2021-01-20T10:43:51+00:00
23078
News
Paolo Ardoino says Tether hasn't done anything to warrant any additional investigations from the SEC.
Relax, Tether won’t be targeted by SEC, says Bitfinex CTO
Sam Bourgi
2020-12-31T17:02:43+00:00
36774

Follow us on Facebook