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Bitfinex announced an API update

Bitfinex Beefs-up KYC Requirements, Asks Users for Additional Info

Cryptocurrency exchange, Bitfinex, has reportedly strengthened its know your customer (KYC) requirements, sending an email to verified users asking for more identifying information. Additional personal data requested According to a Dec. 27 report from the Block, the purpose of the email from Bitfinex was to enhance the exchange’s due-diligence procedures, and bring all of its client accounts […]

Bitfinex announced an API update

Bitfinex Users are Now Able to Buy Cryptocurrencies with Credit or Debit Cards

Popular cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. The exchange made the announcement on Dec. 20 in Twitter: “Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it’s Bitcoin, USDt, Ethereum, or any other ERC20 tokens, pick your favorite and purchase with your credit […]

Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch […]

Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap

As the CoinTelegraph reported, market data resource CoinMarketCap (CMC) has excluded Bitfinex’s price for bitcoin (BTC) from its global average, its website showed on May 6. The embattled exchange’s BTC price was $5,986.60 at press time — almost $300 higher than the current market rate of about $5,692. An asterisk has been placed next to its price on the […]

Bitfinex Drops Minimum Balance to Trade on Crypto Exchange

Bitfinex has removed its $10,000 minimum equity requirement to start trading on the cryptocurrency exchange, enabling a broader range of investors to participate, the CoinDesk reported. The company, based in the British Virgin Islands, cited “overwhelming demand from a wide variety of traders” for the change. “We simply could not ignore the increasing level of requests for […]