Bitfinex Gears Up For New Incoming Traders, Supports USDT-Tron And New Pairs
There have been a lot of crypto predictions so far this year, and most of them are really bullish.
Experts and crypto analysts have been offering insight into the potential catalysts that might trigger a surge in Bitcoin and altcoins’ prices, and one of these triggers is a new, fresh wave of investors.
Binance’s CEO, Changpoeng Zhao has recently said that the FOMO mode has been activated and we should start expecting institutional money to come pouring in in the crypto space like there’s no tomorrow.
With more clarity and maturity in the crypto space, more and more investors will want to hop on board rather than miss out.
Bitfinex makes a move to lure more traders
Now, crypto exchange Bitfinex has removed its $10,000 minimum equity requirement, and this will definitely open the platform to a more extended base of crypto traders.
Here’s the official announcement below:
“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 wider audience.”
Bitfinex continues, ”By dropping our minimum equity requirement, the only limits are now set by the traders themselves.”
Announcing the USDT-Tron listing
Bitfinex also made sure to announce the addition of the Tron-based stablecoin USDT-Tron to the list of their product offerings and new USDT margin trading and spot market pairs for Bitcoin, Ethereum, EOS, Litecoin, and the BAB Coin.
- Margin: BTC/USDT and ETH/USDT.
- Spot: LTC/USDT, EOS/USDT, BAB/USDT
You may recall that back in March, Tron (TRX) teamed up with Tether to issue USDT on Tron’s network.
The new TRC20-based USDT will support Tron’s growing network of DApps including its popular gaming and gambling DApps.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.