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Hello I want to deposit some ethereum on bitfinex but I understand that they don't support smart contracts, I am using myetherwallet would you guys say it's safe for me to go ahead with the transaction or advice against it? Anyone got experience in this?
The coin I want to buy isn't availble on other exchanges (yet). And I'm too much of a poor broke bastard to go buy bitcoin to support my endavour.
All help is appreciated.
The coin I want to buy isn't availble on other exchanges (yet). And I'm too much of a poor broke bastard to go buy bitcoin to support my endavour.
All help is appreciated.
I had the exact same concern as you just a few days ago. I don't send ETH out of my wallet (MyEtherWallet) very often and I had never sent to Bitfinex. I took a chance with a smaller amount at first and just did a typical send (21000 gas limit), and it arrived at Bitfinex with no issues. Confirmed and released into my account in ~15 minutes. So I would say, go for it. Just don't leave funds on the exchange for long. You never know what might happen...
Awesome, I also tried sending a smaller amount but I guess etherwallet found my small amount too small (couple of dollars) and wouldn't go trough with it.
Thanks for the reply!
https://www.bitfinex.com/fees
Here is the support mail: support@bitfinex.com
I had no problems to send ETH to bitfinex.
Bitfinex waits for 25 confirmations before it reflects balance transfer on your account. I just tried moving small amount 0.01 ETH from MyEtherumWallet and transaction completed in 10-15 minutes, however I also realized that Bitfinex charges 0.01 ETH for deposit below 1000 USD, so my transfer balance after fee deduction became NIL
So you must transfer amount larger than 0.01 ETH to see the balance reflected on your account.
