[OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 9.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: European Central Bank on December 07, 2018, 03:21:05 PM

Quote from: mayax on December 07, 2018, 04:06:07 AM

Bitfinex has always been a shit exchanger. No licenses, no real office, they always hide.

were you molested by an exchange as a kid? you seem to spread hate about every single one out there.

some of it's valid but there are still better things to do with your time.

i do what I want with my time. Bitfinex is a pure fraud as many, many other exchangers. You are just a shill...

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: mayax on December 07, 2018, 04:06:07 AM

Bitfinex has always been a shit exchanger. No licenses, no real office, they always hide.

were you molested by an exchange as a kid? you seem to spread hate about every single one out there.

some of it's valid but there are still better things to do with your time.

mayax

legendary

Activity: 1470

Merit: 1004

Bitfinex has always been a shit exchanger. No licenses, no real office, they always hide.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Bonez0r on November 20, 2018, 06:11:43 AM

I mean compared to other exchanges. I use Kraken as well and i've never had any fiat withdrawal problems there.

The other thing that bugs me is that they don't even admit to having problems. They tweet about having processed billions worth of withdrawals in October, yet they can't process mine and those of other people i've read complaints from?

Kraken's had their fair share of problems too, primarily with USD. Their EUR banking relationship has always been rock solid as far as I can tell.

Bitfinex themselves have said they bank like criminals, opening shell accounts and keeping banks in the dark. That's not going to be conducive to smooth sailing. And of course they had no banking for months a while back.

I wouldn't ever bother with them for attempting to obtain fiat. There are better options and always have been.

Bonez0r

full member

Activity: 141

Merit: 101

Quote from: gentlemand on November 19, 2018, 02:08:28 PM

Quote from: Bonez0r on November 19, 2018, 01:22:46 PM

Their dev team is excellent, but the business side and everything related to banking and withdrawals is atrocious. If they ever turn into a reliable exchange, i might return. Until then i'll watch from the sidelines.

The banking is totally out of their hands and always will be unless they buy their own bank, which'll be instantly shunned.

I mean compared to other exchanges. I use Kraken as well and i've never had any fiat withdrawal problems there.

The other thing that bugs me is that they don't even admit to having problems. They tweet about having processed billions worth of withdrawals in October, yet they can't process mine and those of other people i've read complaints from?

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: gentlemand on November 19, 2018, 02:08:28 PM

Quote from: Bonez0r on November 19, 2018, 01:22:46 PM

Their dev team is excellent, but the business side and everything related to banking and withdrawals is atrocious. If they ever turn into a reliable exchange, i might return. Until then i'll watch from the sidelines.

The banking is totally out of their hands and always will be unless they buy their own bank, which'll be instantly shunned.

If I were them I would've become crypto only a long time back. Still a ton of money to be made and vastly less head aches too. It's fiat that causes all the problems.

That's not entirely true, given that Shapeshift and IDEX are now enforcing KYC, and 1Broker and EtherDelta got charged by the US government.

Going altcoin-only might have killed their market share too. It's hard to compare to altcoin exchanges like Binance because those exchanges all piggybacked on USDT liquidity. Bitfinex never really had that opportunity -- they're the bank. Without fiat and USDT markets, I think Bitfinex and exchanges like Binance and Bittrex would be much less liquid and much less profitable.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Bonez0r on November 19, 2018, 01:22:46 PM

Their dev team is excellent, but the business side and everything related to banking and withdrawals is atrocious. If they ever turn into a reliable exchange, i might return. Until then i'll watch from the sidelines.

The banking is totally out of their hands and always will be unless they buy their own bank, which'll be instantly shunned.

If I were them I would've become crypto only a long time back. Still a ton of money to be made and vastly less head aches too. It's fiat that causes all the problems.

Bonez0r

full member

Activity: 141

Merit: 101

Tried to withdraw fiat (express withdrawal), still nothing received after a month. After some mailing back and forth, i managed to cancel the withdrawal. So instead i'm now trying to withdraw the money in usdt. Withdrawal initiated more than 2 hours ago and still 'processing'. I know it can theoretically take up to 12 hours, but i'm fed up with this exchange now. I've been customer for years but i'm now withdrawing everything i can out of there. Their dev team is excellent, but the business side and everything related to banking and withdrawals is atrocious. If they ever turn into a reliable exchange, i might return. Until then i'll watch from the sidelines.

Separate issue: The amount sent in the withdrawal is mysteriously 18 usd less than it should be. It's not the withdrawal fee, because that's 20 usd and i also disabled 'take fee from amount', so the amount on the receiving end should be what i enter in the withdrawal form, but it's 18 usd less. Does anyone recognize this issue or knows what's going on?

edit: withdrawal complete now.

FractalUniverse

hero member

Activity: 1034

Merit: 558

eosfinex beta is scheduled for launch within 2 weeks?
thats soo exciting Grin

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Hueristic on October 27, 2018, 08:33:23 PM

https://archive.fo/C44kh

Maybe Tether's business model is to cause its own FUD? They know perfectly well it's fine. They also know perfectly well how moronic and easily led most people are. All you got to do is drop some scares, buy USDT cheap and then let the doom run its course until it's back to parity again. Someone could've made 15% for nothing over this.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

https://archive.fo/C44kh

gribble

hero member

Activity: 966

Merit: 552

Bitfinex partnered with Hong Kong Bank of Communications.
Payments will be made through a private account of Prosperity Revenue Merchandising Limited.
Citibank acts as a correspondent bank when transferring funds from Bank of Communications to the USA. Wells Fargo also performed the same role for Bitfinex partners in Taiwan before suspending the processing of iFinex Inc. services. and Tether Ltd. in April 2017.

At the same time, Tether Ltd. has entered into an agreement with the Bahamian Deltec Bank. Operators of some OTC platforms also expressed a desire to open accounts with this bank for direct cooperation with the issuer USDT.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: dreamax25 on October 17, 2018, 06:39:51 AM

Dispite the recent rummors about Bitfinex, the exchange reopned fiat deposits

https://coincodex.com/article/2494/bitfinex-re-opens-fiat-currency-deposits-with-new-system/

There's still a $300 difference between Bitfinex and the other exchanges. New deposit system or not, it seems like faith in Bitfinex hasn't been entirely renewed.

And deposits aren't the only issue. Bitfinex said yesterday that fiat withdrawals were operating "without the slightest interference" but people are complaining across social media about missing bank transfers. Supposedly, they're working through a backlog.

If fiat withdrawals start flowing again, prices should return to normal.

dreamax25

full member

Activity: 365

Merit: 103

Dispite the recent rummors about Bitfinex, the exchange reopned fiat deposits

https://coincodex.com/article/2494/bitfinex-re-opens-fiat-currency-deposits-with-new-system/

CoinCodex

jr. member

Activity: 314

Merit: 6

Bitfinex denies insolvency rumours!

https://coincodex.com/article/2463/bitfinex-strongly-denies-insolvency-rumours/

Quickseller

copper member

Activity: 2996

Merit: 2374

Quote from: Bytem3 on October 02, 2018, 02:41:44 PM

Looks like Bitfinex and Tether are switching banks :O I heard that there were some payout issues (the bank didn't want to pay covert USDT to USD)

I don’t really think this is news. Bitfinex and tether got a new bank account somewhere. Other exchanges seem to have followed suit (who were banking at the same bank).

Also, banks don’t pay to convert USDT to USD, they process withdrawals as directed by tether (and Bitfinex when customers are withdrawing from their Bitfinex accounts). It is tether that will payout USD in exchange for USDT, and will only do so to customers who are vetted via KYC, are exchanging above a certain threshold, and generally will not do business with those connected to the US.

Pab

legendary

Activity: 1862

Merit: 1012

Noble Bank what was Bitffnex is not operating no more
You can buy Noble Bank even for 10 mln $
tomorrow Bitfinex is going under long maintenance
so lets see what will be after

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: JanpriX on October 02, 2018, 03:28:40 PM

Quote from: Bytem3 on October 02, 2018, 02:41:44 PM

Looks like Bitfinex and Tether are switching banks :O I heard that there were some payout issues (the bank didn't want to pay covert USDT to USD)

It would be best if someone from Bitfinex will provide the real news about that article. Well, I just can't jump into conclusion that this article is real and that one of the two banks that cater Bitfinex severed its ties with the said exchange. The only data that I gathered from it is that “a person with direct knowledge of the situation” said something about what I cited above. This can't be proven right away but then again, this is not impossible to happen.

Bitfinex will never provide real news about tether. However this article is baseless shit put together by nothings from nowhere so not worth paying attention to.

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

Quote from: Bytem3 on October 02, 2018, 02:41:44 PM

Looks like Bitfinex and Tether are switching banks :O I heard that there were some payout issues (the bank didn't want to pay covert USDT to USD)

It would be best if someone from Bitfinex will provide the real news about that article. Well, I just can't jump into conclusion that this article is real and that one of the two banks that cater Bitfinex severed its ties with the said exchange. The only data that I gathered from it is that “a person with direct knowledge of the situation” said something about what I cited above. This can't be proven right away but then again, this is not impossible to happen.

Bytem3

full member

Activity: 602

Merit: 107

Looks like Bitfinex and Tether are switching banks :O I heard that there were some payout issues (the bank didn't want to pay covert USDT to USD)

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