Bitfinex is a digital currency exchange based in Hong Kong. It was founded by Raphael Nicolle and Giancarlo Devasini in 2012. Bitfinex is the worlds largest cryptocurrency trading platform, and features cryptocurrency exchange, margin trading, margin funding market, ordered types, customizable interface, and API platforms.
Bitfinex charges "maker" and "taker" fees to its users. Maker fees are fees paid when a user adds liquidity to the Bitfinex order book, and taker fees are fees paid when liquidity is removed from the Bitfinex order book.
The U.S. Commodity Future Trading Commission reportedly sent subpoenas to Bitfinex as well as Tether. The companies responded with an emailed statement, “We routinely receive legal process from law enforcement agents and regulators conducting investigations. It is our policy not to comment on any such requests.”
Bitcoin worth approximately $72M was stolen from the exchange platform, making it the largest cryptocurrency theft since the Mt. Gox hack.
Co-Founder & CFO
JL van der Velde
Ethfinex Liquidity Token:Creating the worlds most liquid exchange for digital assets.Built for the Ethereum community, using Ethereum.
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- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- Cryptocurrency exchangeCryptocurrency exchanges are exchange markets for trading cryptocurrencies.