Bitfinex Introduces Zero Fees on Tether/US Dollar (USDt/USD) pair for Users Generating $15 Million-Plus, 30 day Volume

ROAD TOWN, British Virgin Islands, June 26, 2020, 9:00 AM UTC  —  Bitfinex, a state-of-the-art digital asset trading platform, has introduced a zero fees scheme on the Tether/US Dollar (USDt/USD) pair to users who reach a trailing 30-day trading volume of more than $15 million, throughout the duration of the scheme.

The zero fees benefit, which applies for both maker and taker orders, will be awarded when a Bitfinex account reaches the required level of volume.

“As a growing hub for professional traders in the digital asset space, Bitfinex is an exchange that is always listening to our user base,” said Paolo Ardoino, CTO at Bitfinex. “These zero fees benefit on the USDt/USD pair makes arbitrage and market-making across USD and USDt pairs more effective and also represents a way of rewarding our active, high volume customers for their loyalty.” 

Bitfinex is leveraging its position as a one-stop-shop for crypto trading, offering a variety of services, including margin trading with up to 5x leverage. Bitfinex Derivatives* also offers users access to perpetual swap contracts offering 100x leverage.

*The derivatives platform is provided by iFinex Financial Technologies Limited. References to Bitfinex Derivatives in this post are references to iFinex Financial Technologies Limited.

About Bitfinex

Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital token traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and financed trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

 

Media Contact for Bitfinex:

Joe Morgan

Senior Public Relations Manager

[email protected]

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Tech Junkie is a small word for Vikas Kaushik. Whether the latest game on the market or a new gadget launch he is the go-to person. He drives his motivation from the fast-paced technological advancements. He ensures that the right news reaches niche audiences. An avid biker and movie buff he has deep-rooted faith in upcoming technological inventions and is a torchbearer for the tech revolution.

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