Cosmos (ATOM) Available As Collateral On Bitfinex Borrow After Poll Win Date
15/04/2021
Bitfinex, a state-of-the-art digital token trading platform, has added Cosmos (ATOM) as collateral on Bitfinex Borrow, the platform’s peer-to-peer (P2P) digital token loan portal, after it was successful in a social media poll.
The majority of Bitfinex’s growing community chose ATOM, the native cryptocurrency for Cosmos’s decentralized network enabling data exchanges between different blockchains. The token garnered 55.65% of the vote in a recent social media poll.
“We’re delighted to add ATOM to the suite of digital tokens available on Bitfinex Borrow after its poll success across our social channels,” said Paolo Ardoino, CTO at Bitfinex. “We anticipate a ready uptake for ATOM on Bitfinex Borrow, a service growing in popularity among our active user base.”
IOTA Added As Collateral On Bitfinex Borrow After Popular Vote Date
05/03/2021
Bitfinex, a state-of-the-art digital token trading platform, has added IOTA as collateral on Bitfinex Borrow after it was successful in a recent social media poll.
An overwhelming majority of Bitfinex’s growing community opted for IOTA, with the token gathering 87.6% of the votes in a social media poll.
“Our customers have spoken,” said Paolo Ardoino, CTO at Bitfinex. “IOTA’s success in our recent social poll is a testament to its enduring popularity and track record for innovation in the field of distributed ledger technologies.”
Bitfinex customers can now obtain loans of up to 70% of the value of their IOTA holdings in US Dollars (USD). Borrowers will have to manage their own risk of fluctuations in the IOTA price.
<p><span>Bitfinex, a state-of-the-art digital token trading platform,</span><span> </span><span>has expanded the range of market data services available to algorithmic traders with the launch of snapshots of historical funding book data on Bitfinex Terminal.</span></p>
Bitfinex Terminal launches historical funding statistical data
Submitted
04/02/2021 - 7:32am
Bitfinex, a digital token trading platform, has launched historical funding statistical data on Bitfinex Terminal, a real-time market data feed.
Bitfinex customers can obtain free access to key metrics of the funding market, such as the Flash Return Rate (FRR), total amount provided, average period, and total amount used. Bitfinex users can leverage this funding statistical data, along with existing public trade data, to enhance the backtesting of trading ideas and power algorithmic trading strategies.
“We’re pleased to provide this advanced tool enabling a more granular analysis of historical funding data for our growing number of algorithmic traders,” says Paolo Ardoino, CTO at Bitfinex. “We anticipate great interest in this offering and look forward to expanding the range of tools available still further to empower our users’ trading strategies.”