Bifinex expands its cryptocurrency exchange platform with addition of 12 new tokens

The demands for cryptocurrencies continue to rise and there is no sign of slowing down. Even as Google, Facebook and Twitter banned cryptocurrency ads on their sites, cryptocurrency exchanges continue to thrive.

Based in Hong Kong-based, BitFinex is the world’s leading digital asset trading platform, which offers state-of-the-art services for digital currency traders and global liquidity providers. It’s one of the largest cryptocurrencies in terms of volume and users. It has trading fees of .1% for makers, and .2% for takers and it is not currently to  US users. In a post on its website, BitFinex announced support for a selection of the following 12 new Ethereum tokens on its trading platform:

• Aion (AION)
• IOSToken (IOST)
• Request Network (REQ)
• Raiden Network (RDN)
• Loopring (LRC)
• BnkToTheFuture Token (BFT)
• Cofound.it (CFI)
• WAX (WAX)
• SingularityNET (AGI)
• MedicalChain (MTN)
• ODEM (ODEM)
• DAI (DAI)

All tokens will be tradable against BTC, ETH and USD. The newly introduced token listings have a combined market capitalisation of $1.1B+ USD and represent a significant addition to Bitfinex, offering our traders greater exposure to a broader range of innovative digital assets. From decentralised exchange protocols and payment solutions to scaling and blockchain 3.0, we are pleased to provide a platform of support and growth for these teams and their respective communities.

In a separate company release, BitFinex  Jean-Louis van der Velde, Chief Executive Officer of Bitfinex said:  “The introduction of such a large selection of tokens, representing a diverse array of blockchain-based projects, marks an exciting development for Bitfinex. We are proud to introduce these tokens as we believe that each serves to strengthen and enliven a unique aspect of the global blockchain ecosystem, and will offer new and exciting trading options for our users.”

“We are excited to be going the extra distance to accommodate the needs and expectations of our traders. Looking forward, we will continue to expand our service offerings to best address their needs, and to maintain an advanced and supportive trading platform for the growing digital asset community,” added van der Velde.  In addition to Bitfinex, trading of the above tokens will also be enabled on Ethfinex, an Ethereum focused hybrid trading platform.

Founded in 2012, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world.