Announcements

Data Transaction Token (XD) trading suspended October 21, 2019

Deposits and trading of Data Transaction Token (XD) will be suspended today with immediate effect, as a result of XD no longer meeting our listing criteria. Withdrawals will remain open for 90 days.

The Bitfinex Affiliate Program is here! October 17, 2019

After months of preparation we are excited to unveil the one-of-a-kind Bitfinex Affiliate Program.

The program's commission structure allows you to get a percentage of the trading fees up to three levels within your referral network. Furthermore, if your referrals meet the requisite criteria, you're also entitled to commission multipliers. You can track how much you earn and how your network performs in real time through the Affiliate Dashboard.

Our unique program enables you to add value to your community and social network. Crypto trading doesn't have to be a solitary pursuit. Be part of a flourishing crypto community with the Bitfinex Affiliate Program!

Find out more about the Bitfinex Affiliate Program and discover its full potential at https://www.bitfinex.com/affiliate

Bitfinex Anticipates Meritless and Mercenary Lawsuit Based on Bogus Study October 05, 2019

Bitfinex is aware of an unpublished and non-peer reviewed paper falsely positing that Tether issuances are responsible for manipulating the cryptocurrency market. Bitfinex vigorously disputes the findings and conclusions claimed by that source, which rely on flawed assumptions, incomplete and cherry-picked data, and faulty methodology.

We fully expect mercenary lawyers to use this deeply flawed paper to solicit plaintiffs for an opportunistic lawsuit, which may have been the true motive of the paper all along. In fact, we would not be surprised if just such a lawsuit will be filed imminently. In advance of any filing, we want to make clear our position that any claims based on these insinuations are meritless, reckless and a shameless attempt at a money grab. Accordingly, Bitfinex will vigorously defend itself in any such action.

These baseless accusations are an attempt to undermine the growth and success of the entire digital token community, of which Bitfinex and Tether are key parts. It is an attack on the work and dedication of not just Bitfinex's stakeholders, but thousands of our colleagues, too. Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex's strategy focuses on providing unparalleled support, tools and innovation for professional traders and liquidity providers around the world.

Bitfinex and its affiliates have never used Tether tokens or issuances to manipulate the cryptocurrency market or token pricing. All Tether tokens are fully backed by reserves and are issued and traded on Bitfinex pursuant to market demand, and not for the purpose of controlling the pricing of crypto assets. It is irresponsible to suggest that Tether or Bitfinex enable illicit activity due to the efficiency, liquidity and wide-scale applicability of Tether's products within the cryptocurrency ecosystem.

Update to Price Mechanism for Derivatives Trading October 02, 2019

We're pleased to announce an important change to how the liquidation levels and funding payments are calculated on the derivatives products available on Bitfinex. An update to the price mechanism will apply to BTCF0/USDt0 and ETHF0/USDt0.

From 03/10/19 at 9:00 am UTC, we will use mark price to dictate the funding payments and liquidation levels of derivatives products, which will replace the actual futures price.

The mark price of derivatives will be based upon the BFX Composite Index (BFXCI), an index of prices obtained from several leading cryptocurrency exchanges in the BTC/USDt and ETH/USDt markets, respectively. The migration to mark price has undergone extensive backtesting from our risk management team.

We believe the use of mark price will significantly reduce the possibility of price manipulation on the derivatives products available on Bitfinex. This update will ensure that our clients have optimum transparency in a secure and fair trading environment.

Introducing Bitfinex Token Sales September 24, 2019

We are excited to unveil Bitfinex Token Sales, a comprehensive digital assets offering and launch solution for high-quality crypto projects.

From today, Bitfinex Token Sales will replace our current IEO platform, Tokinex. We intend for all future Bitfinex Token Sales will include utility for holders of a certain amount of UNUS SED LEO.

To learn more about K.im, the first project to be launched on Bitfinex Token Sales visit our latest blog post.

Bitfinex and Ethfinex Trading Volume Merger Heralds Reduced Fees September 17, 2019

We're pleased to announce that Bitfinex and Ethfinex will merge the respective trading volumes of each platform on 17/09/19 10:00 AM (UTC).

The pooling of trading volume takes place as Ethfinex evolves to DeversiFi with the closure of Ethfinex.com on 12/10/2019.

Our clients will be able to reach a higher fee tier, thereby obtaining lower trading fees.

The merger will also ensure a seamless transition for our Ethfinex clients on to the Bitfinex platform without the risk of any loss to the previous volume generated on Ethfinex.

Bitfinex to Support Ethereum Classic (ETC) Hard Fork September 11, 2019

We are pleased to announce that Bitfinex will support the Ethereum Classic (ETC) hard fork. The ETC hard fork, called "Atlantis", will take place when the block height reaches #8,772,000 (on approximately 13/09/2019), according to an announcement on the ETC website.

Please deposit your ETC to Bitfinex in advance to ensure the safety of your digital assets. Bitfinex will handle all technical matters relating to the hard fork on your behalf.

Deposits and withdrawals will be suspended on 12/09/2019 at 08:00AM (UTC). Services will be resumed when the ETC mainnet is stable. Please refer to our further announcements on the resumption time. During this period, the ETC held in your Bitfinex account will not be affected.

Bitfinex Has Launched BTC/CNHt, USDt/CNHt and CNH/CNHt Trading Pairs September 10, 2019

We are pleased to announce that Bitfinex has launched the Bitcoin to Tether CNH (BTC/CNHt),Tether USD to Tether CNH (USDt/CNHt) and offshore Chinese yuan to Tether CNH (CNH/CNHt) trading pairs.

Tether's CNHt is a new stablecoin pegged to the offshore Chinese yuan (CNH), and recently introduced to the Ethereum blockchain as an ERC-20 token.

Bitfinex has enabled full support for CNHt deposits and withdrawals. Trading in BTC/CNHt, USDt/CNHt and CNH/CNHt pairs began 10/09/19 at 11:00 AM (UTC), with clients now able to deposit, place orders and make withdrawals.

Trading is available only in certain jurisdictions, and is exclusive to verified users.

Intermediate verification level is now available. Verify your account today and enjoy an enhanced trading experience: https://www.bitfinex.com/verification

Tether (USD₮) Now Available on BlockBerry September 03, 2019

Bitfinex and BitSpread are proud to announce that Tether, a stablecoin pegged to the US dollar (USD), can now be used to subscribe to services on BlockBerry.com, a wealth management and cryptocurrency trading platform.

Run by BitSpread, BlockBerry provides institutional investors, family offices, wealth managers and high net-worth individuals with access to cryptocurrency investment strategies.

BlockBerry is a tiered service platform that provides users with professional, high quality cryptocurrency trading services such as ready-to-trade and bespoke algorithms and, click-through trading.

For more information on BlockBerry: https://blockberry.com

iFinex Launches iFinex Financial Technologies Limited September 02, 2019

iFinex Inc., owner of leading digital asset exchange Bitfinex, has launched a new platform to expand its product capabilities, and become a one-stop shop for a wide range of trading services. iFinex Financial Technologies Limited, registered in the Seychelles, will offer the new products to eligible Bitfinex account holders.

Bitfinex CTO Paolo Ardoino said: "We are excited about the possibilities for creating new, previously unavailable products through our new platform. The new platform expands our ever growing portfolio and cements Bitfinex as a market leader in innovation."

For further information contact the support team at https://cs.bitfinex.com