Fee Structure Update – August 1st, 2018

01 August 2018 in in Announcements

We are pleased to announce the addition of new fee tiers to Bitfinex, designed to reward traders and encourage the continuous addition of liquidity across our platform. These additions are a further demonstration of our commitment to delivering the most innovative and rewarding experience for traders on Bitfinex.

The new fee tiers are structured as follows:

Please note that the fee tiers above will be added to our existing fee schedule; fee tiers for 30 day volumes below 300,000,000 USD equivalent remain unaffected. The new fee tiers may require up to 18 hours to take effect. The updated fee change is not retroactive.

The above fee tiers allow us to remain competitive in a rapidly consolidating market, providing high-volume traders and liquidity providers with access to some of the lowest trading fees in the industry. We strongly believe that the updated fee structure is well suited to provide Bitfinex with the friction required to maintain our predominance as the most liquid market across top currencies.

At Bitfinex we take the integrity of our fee structure extremely seriously. No user, token, project, or employee receives special treatment on our platform and we do not offer undisclosed preferential fee discounts to inflate volumes. Cryptocurrency markets are often riddled with non-organic volumes designed to kickstart illiquid markets or establish market dominance, much to the disadvantage of the greater trading community, and we firmly oppose this practice. The integrity of our fee structure will always be of paramount importance, regardless of consequences associated with this approach.

For a comprehensive overview of our fee structure please visit bitfinex.com/fees.

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