Announcements

Margin Enabled For UNUS SED LEO May 29, 2019

We are pleased to introduce margin markets for the iFinex utility token, UNUS SED LEO, against USD and USDt.

To view the UNUS SED LEO margin markets, head to www.bitfinex.com/t/LEO:UST .

Today’s addition will improve liquidity for UNUS SED LEO and enable holders to lend out their tokens to receive market funding interest. In addition to this, UNUS SED LEO can now be used as collateral for margin positions to further increase the options available to traders on Bitfinex.

We urge all traders on our platform to exercise caution when trading across margin markets. As liquidity is still developing in the UNUS SED LEO markets, traders need to pay careful attention to order book depth and market movements to avoid unwanted liquidations. If you are new to margin trading on Bitfinex, please refer to the following support article: ’Intro to Margin Trading’.

This week, we introduced the first round of trading fee discounts for UNUS SED LEO token holders, and will reveal additional benefits for holders over the coming weeks.

Welcome to the era of UNUS SED LEO.

First Wave Of UNUS SED LEO Discounts Live May 28, 2019

One week ago Bitfinex introduced UNUS SED LEO to the cryptocurrency space as a utility token at the heart of the iFinex ecosystem. UNUS SED LEO has been designed to empower the Bitfinex community of traders, providing benefits for those seeking to maximize the potential of Bitfinex through a series of fee reductions, discounts and monthly token burns.

In line with this, we are pleased to announce the first wave of benefits for UNUS SED LEO token holders on Bitfinex.

As of today, Tuesday May 28th, UNUS SED LEO holders will have their taker fees reduced by 15% across all crypto-to-crypto (including crypto-to-stablecoin) pairs across Bitfinex.

Users are required to have an average of just 1 LEO USDt equivalent in their Bitfinex wallets over the last 30 days (since May 20th). The discount is calculated every 12 hours and applies to all taker fees spent across both Bitfinex and Ethfinex.

All current and future UNUS SED LEO fee discounts are visible on the Bitfinex Fees page; here users will be able to view all account fee discounts when logged in. Additionally, Bitfinex users can view all relevant token/fee statistics under Reports > Summary.

For more information, refer to today’s Fee Reduction announcement.

Trading enabled for ZB May 28, 2019

Bitfinex is pleased to introduce trading for ZB against USDt.

ZB was founded in 2012 with the ultimate goal of providing leadership to the digital asset trading space. Today, ZB manages a network that includes digital assets exchanges, wallet services, capital venture arms, research institutes and media.

To trade the ZB market, visit www.bitfinex.com/t/ZBT:UST.

To learn more about today’s tokens, please visit the Bitfinex Knowledge Base. Stay up to date with Bitfinex on Twitter, LinkedIn and Telegram.

Trading enabled for Airswap (AST), Upfiring (UFR) and FOAM (FOAM) May 28, 2019

Bitfinex is pleased to introduce trading for AST, UFR and FOAM against ETH and USD.

Trading will be available against ETH and USD and will see 0% maker fees on Ethfinex for the first 3 days of trading.

All 3 tokens were winners of the Ethfinex Community Listing vote, a monthly vote amongst Ethfinex users to determine new token listings.

To learn more about today’s tokens, please visit the Bitfinex Knowledge Base. Stay up to date with Bitfinex on Twitter, LinkedIn and Telegram.

Trading Open For ZB On May 28 May 24, 2019

On Tuesday 28 May, Bitfinex introduces trading for the ZB.com utility token, ZB, against USDt.

ZB was founded in 2012 with the ultimate goal of providing leadership to the digital asset trading space. Today, ZB manages a network that includes digital assets exchanges, wallet services, capital venture arms, research institutes and media.

Trading is limited to KYC verified customers and certain jurisdictions. To begin the verification process, traders should head to bitfinex.com/verification.

For more information, head to our blog post -’ZB To Be Listed On Tuesday 28 May’.

Bringing Ampleforth to Tokinex May 23, 2019

Following the launch of our new IEO platform, Tokinex, we can now reveal the first token sale will be Ampleforth (AMPL) - an innovative digital asset protocol for 'smart commodity-money'.

Verification for the Ampleforth token sale is now open via the BlockPass app. With regret, U.S. persons and persons from other restricted jurisdictions are not permitted to participate in Tokinex.

The Ampleforth sale will commence on 13th June at 13:00 UTC and will end when the USD 4.9m hard cap is reached or 19th June.

For further information and to start verification head to the main page here.

Bitfinex Obtains Stay of Document Demands in New York May 22, 2019

Yesterday, in Manhattan, Bitfinex and Tether filed a motion to dismiss the proceeding brought by the New York Attorney General’s office on the grounds that (1) the Attorney General’s office lacks jurisdiction over Bitfinex and Tether, which do not do business in New York state; (2) New York’s Martin Act does not apply to the companies’ businesses; and, (3) the Martin Act cannot be used extraterritorially to compel a foreign corporation to produce documents stored overseas. Bitfinex and Tether also sought an immediate stay of the Attorney General’s document demands.

Today, the Hon. Joel M. Cohen of the New York Supreme Court (Commercial Division) entered an order granting our motion for an immediate stay of the document demands, requiring the companies to produce only documents and information relevant to the limited issue of whether there is personal jurisdiction over the companies in New York but staying the document order in all other respects. Justice Cohen scheduled a hearing on our motion to dismiss for July 29, 2019.

We welcome Justice Cohen’s decision, which reflects that our motion raises significant legal challenges to the validity of the Attorney General’s actions.

This order is another victory in the ongoing defence of our businesses against the New York Attorney General’s overreach, and it comes on the heels of Justice Cohen’s ruling last week granting our motion to significantly narrow the injunction against our businesses obtained by the Attorney General. We look forward to continuing to challenge the New York Attorney General’s unmeritorious claims, and we will continue to vigorously protect our customers and assert our rights against those making false and unsupported claims against us.

Fiat Withdrawal Fee Update May 21, 2019

As of 8:00 UTC, Wednesday May 22nd, Bitfinex will remove high frequency / size fiat withdrawal fees. Standard fiat withdrawal fees will once again apply to all verified Bitfinex users, totalling 0.1% of the amount withdrawn ($60.00 minimum).

We are thankful for the support that many of our traders have shown us, and we are proud to once again be able to provide our loyal users with low-cost fiat withdrawals.

The detailed breakdown of Bitfinex fees will be updated tomorrow here - https://www.bitfinex.com/fees

Bitfinex & Ethfinex Launch - Tokinex May 21, 2019

From today onwards, users of Bitfinex and Ethfinex will be able to view the new & improved Initial Exchange Offering (IEO) platform - Tokinex

Tokinex allows users to discover, as well as participate in, curated, pre-vetted token sales from new and exciting projects in the crypto space, directly from their Finex accounts. The new platform has been built with the user experience in mind and has undergone significant testing, ensuring that the contribution process is easy and reliable.

Learn the important, finer details and read the full announcement here. U.S. persons and persons from other restricted jurisdictions are not permitted to participate in Tokinex.

For any questions, reach out to us on Telegram, stay updated on Twitter or email us at [email protected]

UNUS SED LEO listed today following completion of $1bn contribution May 20, 2019

UNUS SED LEO, the utility token at the heart of the iFinex ecosystem, is now trading on Bitfinex against BTC, USD, USDt, EOS, and ETH.

Token holders will experience benefits across the entire portfolio and are expected to obtain benefits from future projects, products, and services, as detailed in the whitepaper.

Benefits of holding UNUS SED LEO (commencing within three months) include (but are not limited to):

  • Bitfinex taker fee reduction -- All levels of taker fees for those holding the token will be reduced by 15% over all crypto-to-crypto pairs (including crypto-to-stablecoin).
  • Bitfinex lending fee reduction -- P2P financing lenders will get a fee discount equal to 0.05% for every 10,000 USDt in UNUS SED LEO tokens held (on average) in the trader’s account during the previous month (calculated using every day in the month). The maximum discount is capped at 5%.
  • Bitfinex crypto and fiat withdrawals and deposits fee discount -- Holders of > 50m UNUS SED LEO tokens will receive up to a 25% crypto withdrawal and deposit fee discount. Holders of > 50m USDt worth of UNUS SED LEO tokens (on average) in the previous month (calculated using every day in the month) are able to withdraw 2m USD fiat per month without additional fees. Also, the additional fee will be reduced to 2% (instead of 3%) on any withdrawal above 2m USD fiat monthly.

For further information on the UNUS SED LEO token and benefits, download our whitepaper here. Trading is limited to KYC verified customers and certain jurisdictions. To verify, traders should head to bitfinex.com/verification