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.
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 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
Bitfinex will be performing a system upgrade on Monday, September 2nd designed to enhance the stability and scalability of the iFinex infrastructure and new trading products.
The upgrade is set to commence at 8:30AM UTC and services will be offline for about two or three hours. Please note that this is a rough estimate and the precise time may change slightly based on market movements.
The platform upgrade will require taking all iFinex trading platforms offline for the duration of the maintenance period. This means that traders across both Bitfinex and Ethfinex will be unable to trade, view or obtain access to their wallets during the update.
We kindly ask all our traders to plan ahead accordingly and make the necessary account adjustments prior to the start of the platform upgrade.
What this means for traders
Traders on Bitfinex will not be required to take any action:
For more information on the day of the upgrade, please refer to the Bitfinex status page and Twitter account for official progress. We will let our users know five minutes before the platform reopens. Trading will start ten minutes after the platform is accessible again.
We appreciate your patience during the system upgrade and look forward to presenting you with an improved trading experience.
We're excited to announce the launch of three new stablecoin pairs on the Bitfinex platform!
Trading for USD Coin to Tether (USDc/USDt), Paxos Standard to Tether (PAX/USDt) and TrueUSD to Tether (TUSD/USDt) began 08/27/19 at 8:00 AM (UTC).
Trading on these three pairs is available only in certain jurisdictions and is exclusive to verified users.
We appreciate Justice Cohen's consideration of our motion in late July and his order released yesterday. While we are disappointed in the decision on our motion to dismiss, we will continue to vigorously defend against any action by the New York Attorney General's office. We look forward to the opportunity to pursue these issues further in the appellate court.
Any assertion that we have misled our customers about Tether (USDt), its backing, or about the negotiated transaction between Bitfinex and Tether is false. We remain committed, as ever, to protecting our customers, our business, and our community against the Attorney General's meritless claims.
We are pleased to announce that Bitfinex has listed FTX Token (FTT). Trading in FTT commenced on 08/19/19 at 10:00 AM UTC.
FTT is the native token of the FTX exchange. For further information on FTT, please visit: https://ftx.com/ftt
FTT can be traded with USD (FTT/USD) and USDt (FTT/USDt). Trading will only be available in certain jurisdictions, and is exclusive to verified users.
Bitfinex's native token, UNUS SED LEO, is also listed on the FTX exchange, reflecting its position as one of the fastest-growing cryptocurrencies in the market today.
We are pleased to announce that Bitfinex has listed Dragon Token (DT). Trading in DT commenced Friday, August 16 at 10:00 AM UTC.
DT is the native token of the DragonEx exchange. For more information on DT, please visit: https://dragonex.co/en-us/dividend/index/
DT can be traded with USD (DT/USD) and USDt (DT/USDt). It will only be available in certain jurisdictions, and is exclusive to verified users. Trading will be enabled with 0% maker fees for the first 45 days of trading.
Bitfinex's native token, UNUS SED LEO (LEO), is listed on the DragonEx exchange, further solidifying its position as one of the fastest-growing cryptocurrencies in the market today.
We're pleased to announce some exciting new updates to margin trading on Bitfinex.
Margin trading is available on Tezos pairs (XTZ/USD), (XTZ/BTC) and Stellar pairs (XLM/USD), (XLM/BTC) at 08/14/2019 2:00 PM (UTC). These pairs can be traded with an initial equity of 50% and maximum of 2x leverage.
In addition, our clients will now have more crypto options that can be held as collateral for margin trading, namely XTZ, XLM, Cosmos (ATOM) and Ampleforth (AMPL), with a haircut of 50%. For further information, visit the Bitfinex knowledge base: Intro to Margin Trading
Previously, only margin-tradable crypto could be held as collateral for margin trading. With our new risk management system, we can allocate different levels of risk for different tokens. The maximum leverage or initial margin requirements can be adjusted according to the token's associated risk. As such, we are now able to add new non-margin crypto, in this instance ATOM and AMPL, to our stable of collateral currencies. More will be added in the near future.
In response to client demand, we're excited to offer unverified users the opportunity to upgrade their accounts and obtain access to the many products and services available to verified account holders. Intermediate verification level status can be obtained without having to provide bank account details.
With the multiple benefits of a verified account on offer, we invite all unverified users to begin the verification process today to enjoy an enhanced Bitfinex trading experience: bitfinex.com/verification
For more information, please refer to the following announcement: Bitfinex Enables Intermediate Verification Level