Bitfinex Exchange added 12 new tokens

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Yesterday the Bitfinex Exchange announced the placement of 12 new tokens on its platform. This is another step aimed at increasing the competitiveness of the exchange in the fight against “newcomers” who have less stringent requirements for the placement of digital assets.

Bitfinex has faced competition from younger exchanges such as KuCoin and Binance, which have become serious players in the market, in part due to the more rapid deployment of various altcoins.

A complete list of new tokens:

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

The total market capitalization of these tokens is about $ 1.1 billion. This opens a wide scope for trading and investing users of the exchange.

Trade in these assets will also be available on the Ethfinex partner platform. The exchange opens opportunities for trading tokens that are compatible with ERC20, as well as for participation in Ethereum based crowd sale.

Bitfinex extension

Now Bitfinex aims to expand its business in Switzerland and Hong Kong. Executive Director of the exchange Jan Ludovus van der Velde said that “Bitfinex wants to become the most transparent exchange and meet the requirements of the Swiss regulator.”

Bitfinex, like many other exchanges, considers the advantages of decentralization, for the sake of which the protocol is used.

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