There is a Typhoon approaching Taiwan, Typhoon SOUDELOR which on its current track will hit Taiwan on the 7th August.
The Taiwanese government will make an official announcement before 4am on the 7th August (Taiwan time) as to whether the banks will be closed.
If the banks are closed this will affect our deposits and withdrawals by wire.
We have decided to unify our BTC and LTC trading fee schedules into one universal tier structure based upon overall USD value traded in the last 30 days. We have also added additional tiers that reduce the taker rate. This new system will allow traders to get the benefit of their BTC volume when trading LTC and vice versa. Because we are anchoring the tiers to the USD value traded, our customers will find it easier to maintain their tier in fluctuating markets, most notably saving money over the old system in the event of a future price rise. The new rates are as follows:
|USD Value Executed in Last 30 Days||Maker Fee||Taker Fee|
|From $500,000 to $999,999||0.08%||0.20%|
|From $1,000,000 to $2,499,999||0.06%||0.20%|
|From $2,500,000 to $4,999,999||0.04%||0.20%|
|From $5,000,000 to $7,499,999||0.02%||0.20%|
|From $7,500,000 to $9,999,999||0.00%||0.20%|
|From $10,000,000 to $14,999,999||0.00%||0.18%|
|From $15,000,000 to $19,999,999||0.00%||0.16%|
|From $20,000,000 to $24,999,999||0.00%||0.14%|
|From $25,000,000 to $29,999,999||0.00%||0.12%|
Please note that customer tiers are determined on an hourly basis. In the case of the LTC/BTC trading pair, the USD equivalent will be based upon the BTC/USD VWAP (Volume Weighted Average Price) for the day the trading occurred.
This new fee schedule will go into effect on Monday, August 17th at 00:00:00 UTC. We understand that a significant change in our fee methodology will affect some users more than others. As such, we have tried to minimize the overall impact on our traders while still meeting our objective of moving to a unified, USD-based fee schedule that remains very competitive in the marketplace.
Once again, we wish to thank all of our customers for their continued loyalty, which has made Bitfinex the number one platform for BTC/USD liquidity in the world. We look forward to serving the community’s ongoing trading needs as we continue to update and improve our trading platform. As always, we welcome your feedback.
Today we’re happy to release a refreshing overhaul to the Bitfinex interface.
However, you’ll notice that this is not precisely a “redesign”. In fact, the core of the application remains very familiar. Our goal was to smooth out rough edges, tighten a few loose bolts, and make the site more enjoyable to use.
We have exciting design and platform improvements scheduled for the coming weeks, but until then we hope you enjoy this small refresher.
We anticipate your feedback at [email protected].
Feeling nostalgic? The old interface will remain available at https://nostalgia.bitfinex.com until August 6th.
Due to the Dragon Boat Festival Holiday in Taiwan on June 20 all banks will be closed Friday June 19. No deposits or withdrawals by wire will be processed this day.
The Bitfinex team
In an effort to eliminate "orphaned" withdrawals requests, Bitfinex will start to automatically cancel withdrawals that have been pending e-mail confirmation for over an hour. Canceled withdrawal amounts will be credited back immediately to customer accounts. We are doing this as a service to our customers who might overlook confirmation e-mails in their inbox and forget about the amount. Until now, we have been manually cancelling such requests at irregular intervals.
Due to the Tomb Sweeping Day in Taiwan all banks will be closed this coming Friday (3 April) and coming Monday (6 April). No deposits or withdrawals by wire will be processed these 2 days.
The Bitfinex team