Bitfinex, the popular bitcoin and cryptocurrency exchange company today announced a fiat expansion that will see the addition of a number of new crypto-fiat trading pairs, as well as the enabling of deposits and withdrawals in Japanese Yen and British Pound Sterling.
The addition of these new trading pairs to Bitfinex will facilitate improved accessibility and convenience for traders, opening greater levels of liquidity for the exchange and the cryptocurrency market as a whole. The introduction of a greater number of crypto-fiat trading pairs and the subsequent reduction of the reliance upon BTC as a medium of exchange will work to benefit traders while reducing the associated costs.
In addition to the fiat pairs outlined below, deposits and withdrawals for both JPY and GBP have been enabled, as have funding markets for both.
Bitfinex users will now be able to trade through the following fiat pairs:
- BTC – BTC/JPY & BTC/GBP
- ETH – ETH/EUR, ETH/JPY & ETH/GBP
- NEO – NEO/EUR, NEO/JPY & NEO/GBP
- EOS – EOS/EUR, EOS/JPY & EOS/GBP
- IOTA – IOTA/JPY & IOTA/GBP
[perfectpullquote align=”full” bordertop=”false” cite=”JL van der Velde, Bitfinex CEO” link=”” color=”” class=”” size=””]“We are very pleased to add to our selection of fiat offerings and to do our part in making cryptocurrencies more globally accessible. We are making a strong push for improved transparency and worldwide regulatory collaboration, and our ability to add support for these markets is a strong win on that front.”[/perfectpullquote]