Bitfinex Adds 12 New Altcoins To Its Cryptocurrency Portfolio

Bitfinex adds 12 cryptocurrencies to trading portfolio

Bitfinex, one of the world’s biggest cryptocurrency exchanges has recently announced the addition of 12 new tokens to its trading platform. Bitfinex boasts a daily trade volume of over $380mm and provides its customers some of the most cutting edge features in the market. Some of the company’s most popular features include:

  • P2P Financing
  • Margin trading on altcoins
  • Highly technical price charting

Bitfinex’s 12 New Altcoins

As of their update on April 7th, the company now supports the following crypto assets:

  • Aion
  • Request Network
  • IOSToken
  • Loopring
  • BnkToTheFuture Token
  • Cofound.it
  • WAX
  • SingularityNET
  • Medicalchain
  • ODEM
  • Dai

The combined market value of the new cryptocurrencies is over $1 billion and their addition to Bitfinex’s current portfolio will certainly increase monetary potential.

“The introduction of such a large selection of tokens, representing a diverse array of blockchain-based projects, marks an exciting development for Bitfinex. We are proud to introduce these tokens as we believe that each serves to strengthen and enliven a unique aspect of the global blockchain ecosystem, and will offer new and exciting trading options for our users.” -Lean-Louis van der Velde

The new tokens are expected to be tradable with USD, ETH, and BTC. The company also plans to gradually enable margin trading on these assets. Developers from Bitfinex have also confirmed they will be integrating support for DAI on their platform. Integration of DAI will allow the company to bridge the gap between disparate markets and catalyze trading opportunities across a “diverse range of tokens, markets, and exchanges.”

 

 

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