12 new tokens introduced on bitfinex!
Bitfinex is a well-known name in the exchange market. From beginners to professionals in trading, everyone loves, to trade, with this exchange. It offers a wide range of coins, trading pairs and trading options.
It is based in Hong-Kong. Founded in 2012, it is one of the largest trading platforms across the globe. It currently handles $2B worth of trades a day. It also allows fiat deposits. It also has its customer support which covers up all the problems which the users might face with the platform. The Customer Service of bitfinex has experts who cater to your problems via a Support Number, operational 24×7.
You can use the Phone Number to interact with the customer executives and resolve your problems.
Nevertheless, on April 7th,2018, bitfinex issued a statement stating that it introduced 12 new tokens which is seen as an added advantage, to this exchange. The new coins included Aion, Raiden Network, Request Network, IOSToken and Loopring. The 12 tokens introduced on bitfinex have over $1.1 billion USD of market capitalization.
It mentioned in the press released, a few days back, that it is significantly adding 12 new tokens which will indeed offer a great exposure, to the traders, in their respective field along opening various investment opportunities.
Headquartered in Hong Kong, Bitfinex is one of the popular choices of digital currencies. Bitfinex has a daily trading volume of more than $500 million USD.
The new tokens available for trade on Bitfinex are as follows:
• IOSToken (IOST)
• Request Network (REQ)
• Raiden Network (RDN)
• Loopring (LRC)
• BnkToTheFuture Token (BFT)
• Cofound.it (CFI)
• SingularityNET (AGI)
• MedicalChain (MTN)
Another interesting listing done is bnktothefuture token that own shares in bitfinex. These newly added tokens will be easy, to trade against BTC, ETH and USD.
All the 12 tokens are based on the Ethereum technical protocol ERC20 which is increasingly popular, with digital coin creators and ICOs.
All these 12 new tokens will also be enabled on an Ethereum aimed hybrid trading platform known as Bitfinex spinoff site ‘Ethfinex’.
After this news from bitfinex, coinbase made a recent announcement that it is adding the technical support to its exchange for ERC20. But eventually, the list hasn’t been revealed till now and thus no information is further provided respectively.
Since, bitfinex is a leading cryptocurrency exchange platform, it offers advanced trading features and charting tools for digital currency traders. It is looking to shift its operations to Switzerland while focusing, to find more suitable regulations there.
Other advanced features include peer-to-peer financing, OTC and margin trading.
The trading platform focuses on providing advanced tools and innovation for professional traders. With these features, it also focuses on employing tight security measures so that the security of the accounts of the customers is not compromised upon.
The deposits are do not cost a fee whereas the withdrawals have different charges depending on the type of cryptocurrency you choose, to trade with. There are lot more trading options available, with bitfinex.