One of the biggest crypto exchanges in the world is Bitfinex and they have recently revealed that they have removed the minimum equity of $10,000 that was required to start trading on a new account.
— Bitfinex (@bitfinex) 9 April 2019
The company is headquartered in Hong-Kong and made the update after being overwhelmed by the surge in demand from traders who were looking to access the platform in the past few months.
The Bitfinex CEO, Jean-Louis van der Velde wrote a Medium post announcing the news and said:
“We simply could not ignore the increasing level of requests for access to trade on Bitfinex from a wider cohort than our traditional customer base. For the last six months we have been working hard to ready our platform for a new wave of customer accounts and are now in a position to open Bitfinex to a…
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