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What are the latest updates on Bitfinex exchange?

avatarMcdaniel LesterDec 29, 2021 · 3 years ago3 answers

Can you provide me with the latest updates on Bitfinex exchange? I'm interested in knowing about any new features, security measures, or partnerships that Bitfinex has recently announced.

What are the latest updates on Bitfinex exchange?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! Bitfinex recently announced the integration of a new trading feature called 'Dark Pool'. This feature allows users to make large trades without affecting the market price. It provides increased privacy and reduces the impact on the order book. It's a great option for institutional investors or high-net-worth individuals who want to execute large trades without causing significant price movements.
  • avatarDec 29, 2021 · 3 years ago
    Bitfinex has also enhanced its security measures by implementing a new two-factor authentication (2FA) system. This adds an extra layer of protection to user accounts, making it more difficult for hackers to gain unauthorized access. It's always reassuring to see exchanges taking proactive steps to safeguard user funds.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a popular decentralized finance (DeFi) platform, recently partnered with Bitfinex to offer users more options for earning passive income. Users can now participate in liquidity pools and yield farming on BYDFi, while enjoying the security and reliability of Bitfinex's trading platform. This partnership aims to bridge the gap between centralized and decentralized finance, providing users with the best of both worlds.