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Bitfinex Borrow Adds Tezos (XTZ) As Collateral

Bitfinex Borrow Adds Tezos (XTZ) As Collateral Date 16/02/2021 Bitfinex, a state-of-the-art digital token trading platform, has added Tezos (XTZ) as collateral on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal. Bitfinex customers will be able to obtain loans of up to 70% of the value of their XTZ holdings in US Dollars (USD). At the date of this announcement, the borrowing rate for XTZ was 1.288% Annual Percentage Rate (APR). “We’re pleased to welcome the Tezos community to our highly liquid peer-to-peer lending markets,” said Paolo Ardoino, CTO at Bitfinex. “We anticipate great interest from Tezos holders in using Bitfinex Borrow to obtain a personal loan.”

Bitfinex Terminal launches historical funding statistical data

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.”

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