Bitfinex US Customers question

[donnyjoseph]

Is trading not allowed by bitfinex ? for US customers ?

[sylance]

All we really know is what Bitfinex posted on August 11th, stating they're removing support of US customers over the next 90-days.  We're 60-days into this announcement with no updates.  I can say I'm registered as a US customer and still trading... although I removed the majority of my coins.  I'd love more information in this area though as I enjoyed margin-lending on their site.

https://www.bitfinex.com/posts/216

[donnyjoseph]

Can we keep Coins there ?

[sylance]

Can we keep Coins there ?

If you're not in the US, then I think it's a great exchange; if you are in the US, then I'd advise to keep them out.  I'm moving my coins out because around November 11th the 90-day promise is met and there's no guarantee what they'll do.  Will they announce a closure and give customers time to withdraw coins or will they simply lock out logins?  And what happens if you have coins on margin lending?  Right now none of these questions are answered so I'd recommend against keeping them on Bitfinex.