Announcements

Scheduled Platform Downtime — September 2nd August 31, 2019

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:

  • All funds will remain safe and unaffected throughout the platform upgrade, and will not be at risk at any point.
  • No orders will be executed during downtime. All open orders will be kept (regardless of price movements) and resume once the platform is back online.
  • Users will not be liquidated during downtime. However, traders should be aware that if the price moves significantly during this time, they are at risk of liquidation as and when the platform is reopened. In line with this, we kindly ask all traders to review their margin requirements and assess the risk of market movement on their open margin positions before entering the maintenance window.

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.

Bitfinex Launches USDc/USDt, PAX/USDt and TUSD/USDt Pairs August 27, 2019

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.

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

Statement in response to Justice Joel M. Cohen's order August 20, 2019

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.

Bitfinex Has Listed FTX Token (FTT) August 19, 2019

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.

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

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.

Bitfinex Lists Dragon Token (DT) August 16, 2019

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.

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

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.

Bitfinex Adds XTZ/USD, XTZ/BTC and XLM/USD, XLM/BTC to Margin Trading, Expands Tokens Available as Collateral August 14, 2019

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.

Bitfinex Enables Intermediate Verification Level August 14, 2019

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

Bitfinex Scheduled Downtime - August 1st July 31, 2019

Bitfinex will be performing a system upgrade on Thursday, August 1st designed to enhance the stability and scalability of the iFinex matching engine.

The upgrade is set to commence at 9.30AM UTC and services will be offline for 2 – 3 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 access 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 across Bitfinex will not be required to take any actions:

  • All funds will remain safe and unaffected throughout the platform upgrade, and will not be at risk at any point.
  • No orders will be executed during downtime. All open orders will be kept (regardless of price movements) and resume once the platform is back online.
  • Users will not be liquidated during downtime. However, traders should be aware that if the price moves significantly during this time, they are at risk of liquidation as and when the platform is reopened. In line with this, we kindly ask all traders to review their margin requirements and assess the risk of market movement on their open margin positions before entering the maintenance window.

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 5 minutes before the platform re-opens. Trading will start 10 minutes after the platform is accessible again.

We appreciate your patience during the system upgrade and we look forward to presenting you with an improved trading experience.

Support Enabled For EOS-based USDT July 30, 2019

Bitfinex has enabled full support for EOS-based USDt deposits and withdrawals. To deposit EOS-based Tether to Bitfinex, visit bitfinex.com/deposits/tether/ust. Please note that full KYC verification is required to deposit and withdraw USDt to Bitfinex.

By bringing Tether to EOSIO, Tether strives to unlock the true potential of a blockchain-based stablecoin by appealing to individuals seeking a borderless, efficient, and free peer-to-peer value transfer.

The launch of EOS-based Tether on Bitfinex follows today’s complete launch of eosfinex - a fully on-chain trading experience combining the speed and scalability of EOS with the expertise of Bitfinex. Visit eosfinex here.

Support Enabled For Tron USDt Deposits & Withdrawals July 30, 2019

Bitfinex has enabled full support for Tron-based USDt deposits and withdrawals. To deposit TRC-20 Tether to Bitfinex, visit bitfinex.com/deposits/tether/ust. Please note that full KYC verification is required to deposit and withdraw USDt to Bitfinex.

TRC20-based USDt is a Tether token interoperable with the Tron protocol. Announced in March 2019, TRC20 USDt seamlessly facilitates the movement of fiat-pegged tokens across the Tron blockchain network, bringing extensive access and interoperability to applications built on Tron.