Bitfinex reduces the minimum capital requirements

Bitfinex reduces the minimum capital requirements. It is expected to be easy to expand for the stock market.

Bitfinex breaks down the minimum capital requirements - bitfine

Bitfinex, a well-known cryptocurrency exchange based in Hong Kong, announced that it has removed the minimum capital requirement for its users in a post published a few days ago.

We remind you that until recently the company had established the minimum threshold for its traders at $ 10.000, and that in this way it intends to broaden the audience of potential users interested in operating with its platform.

The CEO's statements

Confirming this will was the CEO of the exchange, Jean-Louis van der Velde, who in a post published on his website specified that he could not ignore the growing level of requests for access to trading on Bitfinex by a larger user group than the "traditional" customer base.

The top manager of the exchange added that in the past six months his team has worked hard to prepare the platform for a new wave of customers, and that for this moment it is now possible to formally announce the intention of open Bitfinex to a wider audience.

New updates for Bitfinex

The same note also explains that Bitfinex has updated its infrastructure to ensure access to a wider user base, and that to do this the company has had to redesign its support center, created a new Know Your Client (KYC) portal for related issues identification of customers, and finally started to offer sentiment analysis for tokens supported by your system.