Bitfinex to Launch New Improved Fiat Deposit System

New system of deposists supports 4 popular currencies and requires KYC procedure completion
17 October 2018   468

Bitfinex Cryptocurrency Exchange has introduced a new system for fiat currencies deposits: the US dollar (USD), the British pound (GBP), the Japanese yen (JPY) and the euro (EUR). Now, the users who have completed the KYC procedure will create an application, indicating the deposit amount and currency, and the platform representatives will consider it within 48 hours.

Then, if approved, users will be sent the recipient's bank data, and the deposit itself will be credited to the account within 6-10 business days.

In this case, the minimum threshold of $ 10,000 was not abolished.

Earlier, Bitfinex had an anomalous growth of Bitcoin to the level of $ 7,788, which was associated with the possible collapse of Tether.

Nevertheless, the USDT price also stabilized, and representatives of the issuer said that the tokens were fully secured.

Bitfinex to List RSK Infrastructure Framework Token

RSK team from Argentina is developing an open source platform for smart contracts
16 January 2019   215

Bitfinex has added support for the RSK Infrastructure Framework (RIF) token.

Argentine startup RSK is developing an open source platform for smart contracts with two-way binding to bitcoin. Last fall, a startup went under the control of RIF Labs, a company focused on creating a digital infrastructure for digital identification, economic coordination and calculations called RIF OS.

The exchange's blog says that the RIF token created on the RSK platform makes it possible to use services based on the RIF OS infrastructure.

Trading in new assets is possible in Bitcoin and US dollar pairs. Margin trading is not yet available.