Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 2. (Read 723558 times)
August 13, 2020, 01:13:54 AM
Automated crypto trading is currently a hot topic but many people do not know that Bitfinex has been had its eye on trade automation for years. The trading platform has a trading bot that was created by 3Commas and it can be customized to suit the trader’s strategy. Traders can use the bot for automatic buy or sell orders and they can even customize them to various order types.
August 05, 2020, 05:55:57 AM
Once again, Bitfinex officials proved that they did not throw their words to the wind and announced " $400 Million Reward to Return Stolen Bitcoin:". Good deal, isn't it? Interesting that hacker is eligible too. Does he have the courage to take advantage of this offer
The hacker giving the coin back to bitfinex would mean bitfinex would not corporate with law enforcement (to the extent they can) regarding the hack, and may allow the hacker to receive coin in bitcoin on their platform, which would allow the hacker to purchase a privacy centric coin that law enforcement would have difficulty tracing. But that could be a trap to catch him and they already have a deal with law enforcement. IMO, hacker will be easier to track if he makes a contact though I don't think he will do that, 4 years is a big period to to conceive plenty of plots how to legalize stolen bitcoins
All of that assumes that the hacker was an outsider
But if it was an insider job or not a hack at all, 400M as a reward can be another little shenanigan on the Bitfinex part. The reward is too good to be true, honestly speaking, unless they have something else up their sleeve. Indeed, they won't tell what they are trying to achieve with this. However, why did they wait 4 years? For the dust to settle and cover up some touchy spots?
August 05, 2020, 02:43:39 AM
Once again, Bitfinex officials proved that they did not throw their words to the wind and announced " $400 Million Reward to Return Stolen Bitcoin:". Good deal, isn't it? Interesting that hacker is eligible too. Does he have the courage to take advantage of this offer
The hacker giving the coin back to bitfinex would mean bitfinex would not corporate with law enforcement (to the extent they can) regarding the hack, and may allow the hacker to receive coin in bitcoin on their platform, which would allow the hacker to purchase a privacy centric coin that law enforcement would have difficulty tracing. 
July 26, 2020, 02:46:08 AM
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement.
https://cointelegraph.com/news/bitfinex-lists-dogecoin-after-tiktok-fad-sends-doge-price-over-005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement.
https://cointelegraph.com/news/bitfinex-lists-dogecoin-after-tiktok-fad-sends-doge-price-over-005
2 weeks later listing i still cant buy dogecoin from my bank card via your ownr gate....
July 16, 2020, 07:34:04 PM
Hello,
I'm new with Bitfinex and want to exchange from btc to monero and withdrawals monero, what is the limit per day untill will request verification?
I'm new with Bitfinex and want to exchange from btc to monero and withdrawals monero, what is the limit per day untill will request verification?
nobody knows for sure. unless things have changed recently, bitfinex does not publish withdrawal limits, even for unverified accounts. that means your withdrawals are "unlimited"---that is, until your account activity triggers their internal AML controls:
Quote
As per our Terms of Service, we reserve the right to ask for KYC information at any point in time if your account activity raises flags.
it could be deposit/withdrawal volume that raises flags. it could be the source of your coins. it could be how you log in or where you log in from. nobody knows the exact mechanisms, and they are probably frequently changing too.
you just have to be aware that at any time, your coins could be frozen, and you might be subjected to KYC. thus you should minimize the amount you have on deposit at any given time, in case you aren't willing to verify and would prefer to lose the coins instead.
July 16, 2020, 02:25:04 PM
Hello,
I'm new with Bitfinex and want to exchange from btc to monero and withdrawals monero, what is the limit per day untill will request verification?
I'm new with Bitfinex and want to exchange from btc to monero and withdrawals monero, what is the limit per day untill will request verification?
July 13, 2020, 05:07:21 AM
Is KYC now required for pure crypto accounts/transactions, especially withdrawals? Or is it still only forced upon you once you want a bank transfer?
No, it is not required
Just checked Litecoin withdrawals and nothing KYC-related came up. Actually withdrew some EOS a week or so ago, no questions had been asked. Usually, Bitfinex warns about introducing such features beforehand via email (e.g. when they made 2FA mandatory), and I didn't see anything to that effect recently, either
July 13, 2020, 04:10:10 AM
Is KYC now required for pure crypto accounts/transactions, especially withdrawals? Or is it still only forced upon you once you want a bank transfer?
July 13, 2020, 02:21:22 AM
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement.
https://cointelegraph.com/news/bitfinex-lists-dogecoin-after-tiktok-fad-sends-doge-price-over-005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement.
https://cointelegraph.com/news/bitfinex-lists-dogecoin-after-tiktok-fad-sends-doge-price-over-005
July 10, 2020, 01:47:47 PM
Has bitfinex turned into some kind of train wreck?
Were they ever a perfect exchange? Haven't used them in a long while now but they now not only ask for KYC but also about source of funds.
https://www.reddit.com/r/Bitcoin/comments/aw95wt/my_bitfinex_withdraw_is_locked_they_ask_me_the/
Could be the same thing here. Maybe try again or with a smaller withdrawal, if it doesn't then you probably have to contact them and see what they want from you.
But pages shouldn't take this long to load, try a different browser if it still runs like that.
Any business that looks the other way when it comes to money laundering is going to have difficulty staying in business and continuing to access the banking system.
July 10, 2020, 12:13:16 PM
Has bitfinex turned into some kind of train wreck?
Were they ever a perfect exchange? Haven't used them in a long while now but they now not only ask for KYC but also about source of funds.
https://www.reddit.com/r/Bitcoin/comments/aw95wt/my_bitfinex_withdraw_is_locked_they_ask_me_the/
Could be the same thing here. Maybe try again or with a smaller withdrawal, if it doesn't then you probably have to contact them and see what they want from you.
But pages shouldn't take this long to load, try a different browser if it still runs like that.
July 08, 2020, 03:06:07 PM
Bitfinex is scary. I haven't used the exchange in a long time. The other day I deposited some coin, did a little trading, and then tried to withdraw.
First of all, pages never load. I can sit waiting five or ten minutes, longer sometimes, it just never loads. So I refresh, or log out and log in again. Eventually, after much pain, the damn thing loads.
As an experiment I decided to open the withdrawal page again (or try to) and see how long it really takes: as I'm typing this, I've been waiting 20 minutes for the withdrawal page to load.
It isn't my wifi. My computer and browser work fine. Other web pages load quick.
So, about that withdrawal.
I got the email, confirmed the withdrawal, and waited. After a few hours no tx, so I logged in. My withdrawal shows as having canceled. And my balance is zero.
This is more than four btc we're talking about.
Has bitfinex turned into some kind of train wreck?
First of all, pages never load. I can sit waiting five or ten minutes, longer sometimes, it just never loads. So I refresh, or log out and log in again. Eventually, after much pain, the damn thing loads.
As an experiment I decided to open the withdrawal page again (or try to) and see how long it really takes: as I'm typing this, I've been waiting 20 minutes for the withdrawal page to load.
It isn't my wifi. My computer and browser work fine. Other web pages load quick.
So, about that withdrawal.
I got the email, confirmed the withdrawal, and waited. After a few hours no tx, so I logged in. My withdrawal shows as having canceled. And my balance is zero.
This is more than four btc we're talking about.
Has bitfinex turned into some kind of train wreck?
June 27, 2020, 01:48:34 AM
Bitfinex Launches Open-Source Crypto-Powered Streaming Protocol
Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network.
https://cointelegraph.com/news/bitfinex-launches-open-source-crypto-powered-streaming-protocol
Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network.
https://cointelegraph.com/news/bitfinex-launches-open-source-crypto-powered-streaming-protocol
June 13, 2020, 07:40:46 PM
Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence.
https://cointelegraph.com/news/data-appear-to-contradict-bitfinexs-dwindling-bitcoin-deposits-narrative
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence.
https://cointelegraph.com/news/data-appear-to-contradict-bitfinexs-dwindling-bitcoin-deposits-narrative
The arbitrage narrative is silly and wouldn't explain why two thirds of their cold storage has left the exchange. Those kinds of gaps normally fill quickly unless there is a deeper systemic withdrawal problem. Bitfinex prices have kept quite close to Bitstamp and Coinbase so I see no signs of that.
I'm not particularly alarmed. As expected, there was a huge exodus from both Bitmex and Bitfinex after the March crash. Extreme volatility and massive liquidations tend to have that effect on margin exchanges:
Quote
During the same time period, Bitcoin balances across other exchanges shrank by 315,000 BTC. Bitfinex’s share represents 43 percent of this decrease, and BitMex represents a further 31%. These two exchanges were responsible for nearly 75% of the trend.
The decline in cold storage across exchanges in general could also indicate that long term investors bought the dip in March and withdrew their holdings from exchanges.
June 13, 2020, 03:12:10 AM
Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence.
https://cointelegraph.com/news/data-appear-to-contradict-bitfinexs-dwindling-bitcoin-deposits-narrative
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence.
https://cointelegraph.com/news/data-appear-to-contradict-bitfinexs-dwindling-bitcoin-deposits-narrative
June 05, 2020, 08:02:16 AM
Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
Tether volume is contantly growing of course they need to print more especially after bank card support on bitfinex May 28, 2020, 01:43:29 AM
Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
“It’s pretty clear that most of Tether is used on centralized exchanges, namely Huobi, Binance and Bitfinex. The constant movement back and forth between users and these exchanges reflects the fact that Tether is mostly used for arbitrage. Users can easily make a profit by buying from one exchange and selling on another for a higher price.”
https://cointelegraph.com/news/bitfinex-is-constantly-printing-more-tether-none-of-it-has-ever-been-burned
“It’s pretty clear that most of Tether is used on centralized exchanges, namely Huobi, Binance and Bitfinex. The constant movement back and forth between users and these exchanges reflects the fact that Tether is mostly used for arbitrage. Users can easily make a profit by buying from one exchange and selling on another for a higher price.”
https://cointelegraph.com/news/bitfinex-is-constantly-printing-more-tether-none-of-it-has-ever-been-burned
May 07, 2020, 03:46:44 AM
Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps
“Bitcoin has proven time and time again to be a safe haven for traders and it is continuing to be seen as digital gold. Since global markets crashed in March as the COVID-19 crisis took hold, we have seen a huge increase in trading volume, reaching over $2B over a 24-hour period during the crash on March 13th. We believe the demand will still be there after the halving whilst the supply will be halved."
https://cointelegraph.com/news/bitfinex-derivatives-launches-bitcoin-dominance-perpetual-swaps
“Bitcoin has proven time and time again to be a safe haven for traders and it is continuing to be seen as digital gold. Since global markets crashed in March as the COVID-19 crisis took hold, we have seen a huge increase in trading volume, reaching over $2B over a 24-hour period during the crash on March 13th. We believe the demand will still be there after the halving whilst the supply will be halved."
https://cointelegraph.com/news/bitfinex-derivatives-launches-bitcoin-dominance-perpetual-swaps
May 02, 2020, 06:22:54 PM
Quote
“As we have said before, Bitfinex is the victim of a fraud and is asserting its rights to funds taken by Crypto Capital through legal measures initiated in various countries,” he said through a spokesperson.
More than trying to recover the money, this is likely about Bitfinex trying to distance themselves from this:
Quote
However, the president of Crypto Capital, Ivan Manuel Molina Lee, was arrested by Polish authorities in October and charged with being a member of an international gang laundering up to 1.5 billion złoty or about $390 million “from illegal sources.” Authorities wrote that Molina Lee’s crimes included “laundering dirty money for Columbian drug cartels using a cryptocurrency exchange.”
I don't think they really believe the money is recoverable. What does subpoenaing the banks achieve? The big problem is that law enforcement agencies -- including the US Department of Justice -- seized the money. Even if Bitfinex could prove ownership of funds within Crypto Capital's tangle of shell companies, they will have a hard time proving the money was not involved in criminal activity.
May 02, 2020, 07:51:13 AM
Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M
The Bitfinex crypto exchange is making a new push to find and potentially recover more than $800 million in user funds seized by legal authorities in four different countries after its payment processor’s bank accounts were frozen.
https://www.coindesk.com/bitfinex-tether-seek-subpoenas-across-us-in-hunt-for-missing-800m
The Bitfinex crypto exchange is making a new push to find and potentially recover more than $800 million in user funds seized by legal authorities in four different countries after its payment processor’s bank accounts were frozen.
https://www.coindesk.com/bitfinex-tether-seek-subpoenas-across-us-in-hunt-for-missing-800m
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