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Author Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading  (Read 723558 times)
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Sukrim
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October 19, 2019, 04:33:00 PM
 #7141

But hey, at least they launched a referral program again apparently...

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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PrimeNumber7
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October 19, 2019, 08:18:42 PM
 #7142

But hey, at least they launched a referral program again apparently...
I suspect the controversy the NYAG is attracting, plus the overall lack of volatility is hurting their ability to attract new customers.   
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December 02, 2019, 08:01:12 PM
Last edit: December 02, 2019, 08:13:10 PM by gentlemand
 #7143

Bitfinex will be introducing LN payments and withdrawals tomorrow.

https://twitter.com/paoloardoino/status/1201590067451613185?s=21

They'll also be offering their node for others to connect to. It'll be very interesting to see if this moves things forward in a significant manner.  
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December 02, 2019, 09:04:10 PM
 #7144

Bitfinex will be introducing LN payments and withdrawals tomorrow.

https://twitter.com/paoloardoino/status/1201590067451613185?s=21

The first major exchange to implement Lightning -- what a marketing opportunity. Bitfinex has a real way of appealing to Bitcoin maximalists.

They'll also be offering their node for others to connect to. It'll be very interesting to see if this moves things forward in a significant manner.  

I've always thought exchanges acting as hubs could be a big boon for LN adoption, since so many people are constantly transacting with them. I'm interested to see where this goes.

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January 05, 2020, 03:10:52 AM
 #7145

We've written about Bitfinex Derivatives and Bitfinex infrastructure:

Derivatives trading: Bitfinex has the best infrastructure
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January 05, 2020, 09:00:38 AM
 #7146

We've written about Bitfinex Derivatives and Bitfinex infrastructure:

Derivatives trading: Bitfinex has the best infrastructure


Apologies for the dumb question, but is Bitfinex Derivatives the same as Bitmex's market offerings? Also, is this a paid article or is this an independent review of Bitfinex and their derivatives without any monetary ties from them?
PrimeNumber7
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January 05, 2020, 09:12:06 AM
 #7147

We've written about Bitfinex Derivatives and Bitfinex infrastructure:

Derivatives trading: Bitfinex has the best infrastructure


Apologies for the dumb question, but is Bitfinex Derivatives the same as Bitmex's market offerings? Also, is this a paid article or is this an independent review of Bitfinex and their derivatives without any monetary ties from them?
Bitfinex derivates uses the same trading engine as the "spot" markets on the bitfinex platform, and you can use the same account to access the derivates platform. You can have much higher leverage (100x) via the derivates platform, verses 3.3x on the spot platform, and I believe you can be forced to socialize trading losses if someone has losses in excess of their account equity in amounts greater than the 'insurance fund'.
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January 05, 2020, 09:21:56 AM
 #7148

We've written about Bitfinex Derivatives and Bitfinex infrastructure:

Derivatives trading: Bitfinex has the best infrastructure


Apologies for the dumb question, but is Bitfinex Derivatives the same as Bitmex's market offerings? Also, is this a paid article or is this an independent review of Bitfinex and their derivatives without any monetary ties from them?
Bitfinex derivates uses the same trading engine as the "spot" markets on the bitfinex platform, and you can use the same account to access the derivates platform. You can have much higher leverage (100x) via the derivates platform, verses 3.3x on the spot platform, and I believe you can be forced to socialize trading losses if someone has losses in excess of their account equity in amounts greater than the 'insurance fund'.

The article is not sponsored, we are monitoring the APIs of different exchanges independently and Bitfinex Derivatives is similar to Bitmex.

https://support.bitfinex.com/hc/en-us/articles/360035475374-Derivatives-Trading

https://support.bitfinex.com/hc/en-us/articles/360035973913-Understanding-the-Derivatives-Trading-Page

https://www.bitfinex.com/legal/derivative_fee Fees
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January 05, 2020, 10:45:37 AM
 #7149

Thanks for bank cards integration.
Should i pass KYC in ownr wallet too? What about fees?
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January 17, 2020, 02:31:56 AM
 #7150

Bitfinex refilling its hot wallet was behind a Bitcoin transaction worth $1B

The origin and destination of the funds at first remained unknown.

https://cointelegraph.com/news/no-it-wasnt-craig-wright-bitfinex-moves-1b-in-bitcoin-for-48-cents

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January 17, 2020, 11:19:35 AM
 #7151

You are finally removed your equity limit, am i right? So, whats the minimum purchase from card right now? not 10k?  Grin
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January 22, 2020, 10:06:58 AM
 #7152

Hi all I'd like to tell what I think is a bad behavior of Bitfinex or at least a misfunction.
Well you know all the exchanges more or less have some token wallet locked.
I always check if a wallet is locked before depositing a token or coin. In my case, I wanted to deposit the "INT" token. I checked on the wallet page, and all was OK. I also could copy my deposit address, or even I was able to create a new one, but I am not 100% sure of this (i never deposited that token, this for sure).
Well the wallet was locked instead. Looks like I came on that wallet in the past (months ago) and for some reason I closed the small notification "wallet closed" on top. Support told me if you close that notify, you'll never see it again. Also after months. So, you will not be capable of knowing the status of that wallet again. Even not with an API. There is no API for wallet status!
Because of all this, I unfortunately deposited some INT token. Then I was informed that the wallet has been locked for months, and in these situations we all know it is likely never unlocked, until coin is delisted. Well, ok let's ask the support to send me back my tokens. No, it's not possibe, bwecause "the wallet is locked" . But this is a very stupid reason. If they wanted to, they could manually withdraw my coins with a manual tx. Useless to say, I've already lost a big amount of value. I consider those coins lost, but this is only another example of exchanges (not only this) behaviour.
again: I HAD NO WAY TO KNOW THE WALLET STATUS. Tehey should at least change that notification sticky deletion.
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January 30, 2020, 01:00:53 PM
 #7153

What happened wit Bitfinex? Yesterday I requested BTC withdrawal. After 10 mins got status "approved". But after 24h still money in "Pending".
Submited support ticket and got strange replay kind of "technical maintenance in progress, you get your btc soon".  I didn't found any public information about btc maintenance.

ur money back?
my friend cant out 300 000$ at shitfinex

today you can oversleep mega Pump on bitcoin for 250 000$ per coin lol
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February 05, 2020, 11:12:55 AM
 #7154

After another couple of weeks, no money back.
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February 07, 2020, 05:37:54 PM
 #7155

When i will be able to buy new tether with bank card?
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February 07, 2020, 07:08:33 PM
 #7156

When i will be able to buy new tether with bank card?

as of last month, if you have a verified account, it's already possible. https://support.bitfinex.com/hc/en-us/articles/900000051486-Purchasing-Cryptocurrencies-through-Payment-Cards

Quote
Full and intermediate Verified users will be able to choose between OWNR (for USD Tether - USDt) and Mercuryo (for Bitcoin (BTC), Ethereum (ETH), USD Tether (USDt), Algorand (ALG), Tron (TRX) and Basic Attention Token (BAT) gateways.

if you are unverified on bitfinex, you are subject to these limitations:

Quote
Unverified users will only have access to Mercuryo which will run its own verification process before allowing to purchase BTC, ETH, ALG, TRX, and BAT.

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February 29, 2020, 10:07:46 AM
 #7157

Bitfinex Completes Another $100M Loan Facility Repayment to Tether
https://www.bitfinex.com/posts/460

In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).

https://cointelegraph.com/news/bitfinex-completes-another-100m-loan-facility-repayment-to-tether


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March 06, 2020, 02:01:39 PM
 #7158

Bitfinex Completes Another $100M Loan Facility Repayment to Tether
https://www.bitfinex.com/posts/460

In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).

https://cointelegraph.com/news/bitfinex-completes-another-100m-loan-facility-repayment-to-tether


Looks like they finally get enouhg fiat money for it after recent cards intregration
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March 06, 2020, 05:47:43 PM
 #7159

How much is still outstanding anyways?

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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March 17, 2020, 10:41:52 PM
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 #7160

I just read this announcement from Bitfinex: https://www.bitfinex.com/posts/465
Why is there such a big announcement only because some crypto hedge fund is using Bitfinex? Is this hedgefund more involved with Bitfinex than just being a customer so that this announcement is actually relevant to other Bitfinex clients (e.g. regarding risk assessment)?
I noticed from the anouncement that both, this hedge fund and Bitfinex, are tied to Deltec (the Bahamans-based bank providing banking service to Tether).
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