Bitfinex Introduces 12 New Tokens

Trading of the newly listed tokens goes live at 4PM UTC on April 7
07 April 2018   1000

On April 7, Hong Kong-based cryptocurrency exchange Bitfinex has announced trading for 12 new tokens, focused around strengthening the impact and capacity of decentralised technologies.

Trading will be enabled for the following tokens:

  • Aion (AION)
  • IOSToken (IOST)
  • Request Network (REQ)
  • Raiden Network (RDN)
  • Loopring (LRC)
  • BnkToTheFuture Token (BFT)
  • Cofound.it (CFI)
  • Wax (WAX)
  • SingularityNET (AGI)
  • MedicalChain (MTN)
  • Odem (ODEM)
  • Dai (DAI)

Trading of the above mentioned tokens goes live at 4PM UTC on April 7. Deposits and withdrawals have been enabled for all pairs, and all tokens will be tradable against BTC, ETH and USD. Margin trading and peer-to-peer funding markets will be enabled gradually, as sufficient liquidity develops.

The introduction of such a large selection of tokens, representing a diverse array of blockchain-based projects, marks an exciting development for Bitfinex. We are proud to introduce these as we believe that each token serves to strengthen and enliven a unique aspect of the global blockchain ecosystem, and will offer new and exciting trading options for our users.
 

Jean-Louis van der Velde

Chief Executive Officer, Bitfinex

According to the official announcement of Bitfinex, the newly introduced token listings have a combined market capitalization of more than $1.1B USD and represent a significant addition to Bitfinex, offering traders greater exposure to a broader range of innovative digital assets.

Bitfinex to List BCH' Chain Split Tokens

Bitfinex warned that support for BAB and BSV could be temporary
14 November 2018   449

The Hong Kong cryptocurrency exchange Bitfinex has listed the so-called Chain Split tokens for the two implementations of the Bitcoin Cash protocol. Bitcoin Cash hardfork is planned on 15th of November.

BAB [Bitcoin ABC client] and BSV [Bitcoin SV client] tokens will be traded in pairs with Bitcoin and the US dollar. The Token Manager tool will allow users to convert their Bitcoin Cash into one of the tokens. This process is reversible, Bitfinex emphasized. At the same time, marginal trade in tokens will be unavailable.

After snapshot of the network, the corresponding coins will be automatically converted into BAB and BSV onchain tokens, and all current Bitcoin Cash holders will receive an equivalent number of coins. However, if the user has a short BCH position at the time of the snapshot, the margin will be canceled, and the borrower, if he does not have enough tokens, will have to cover the negative balance sheets until December 31.

Bitfinex also warned that support for BAB and BSV could be temporary, and that as soon as all negative balances were covered, the exchange could delist them, allowing limited time for withdrawal.