Bitfinex Announcements
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Official announcements from the Bitfinex team.
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🚨Note that in support of the ETH Merge, we will be temporarily suspending deposits & withdrawals of ETH and ERC-20 tokens.
πŸ•š The pause will start at 11am UTC and last until the networks are stable for our users.

Find more information in our post:
http://ow.ly/8jvC50KASFF
The Merge transits the #Ethereum network from Proof-of-Work (PoW) to the Proof-of-Stake (PoS) model.

What does that mean?
πŸ’°Validators stake ETH to validate the network
⚑️Less consumption of electricity

βœ… Making Ethereum more energy-efficient and secure!
Looking for your fellow traders?

Join our official Discord channel πŸŽ‰
Meet traders, chat about tokens, discuss the latest trends & have fun! 😁

Join us:
πŸ‘‰ http://ow.ly/pRX050KB0u4
On this day in 2021, El Salvador made the bold and visionary move to pass its Bitcoin law to make $BTC legal tender πŸŽ‚

πŸ™Œ Today we see the country leading the way to financial freedom, setting the standard that others will eventually follow!

#BitfinexFinancialFreedom
The Ethereum transition to Proof-of-Stake (PoS) is completed through 2 phases:

πŸ’‘ Beacon Chain β€” completed in December 2020
🀲 The Merge β€” expected around September 2022

The transition aims at lowering the power consumption to secure Ethereum by around 99.95%! πŸ™Œ
This week, Bitfinex Securities is celebrating its 1st birthday! πŸŽ‚

It is one of the first security token platforms to secure licensing for the listing & trading of tokenised securities!
To many more years of bringing financial freedom to the world πŸ™Œ

πŸ‘‰ http://ow.ly/aO7X50KClm9
☁️ Are you a Web3 fan, interested in building blockchain applications?
Our new addition welcomes #XCN, the token of Chain Protocol πŸ₯³
Stay tuned to find out more, we have fun events planned with Chain token! πŸ‘€
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Bitfinex provides the deepest liquidity in the crypto markets - it’s where the Whales come to trade!

Find true price discovery at Bitfinex 🐳
http://ow.ly/oZE850KC568
How is El Salvador celebrating its bold and visionary move of passing the $BTC law?

Find out in BITFINEX ALPHA, research from the best traders!
πŸ‘‰ http://ow.ly/nF4C50KEkci

Sign up to get BITFINEX ALPHA every Monday πŸ™Œ
http://ow.ly/UZ2e50KEkce
This week, El Salvador celebrates its 1st year anniversary of the Bitcoin law that made $BTC legal tender πŸ₯³

Since then, the country has recorded its best tourism numbers ever and 70% of households are bankless.

Congratulations! πŸŽ‰ #BitfinexFinancialFreedom
Bitfinex Borrow allows you to get a loan in crypto, fiat and even Tether Gold! No middle man.

Use your $XAUt as collateral and obtain loans of up to 90% of the value of your Tether Gold.

Find out more about Bitfinex Borrow ⬇️
http://ow.ly/QkEx50KEnR3
El Salvador is proof that a cryptocurrency payment platform can pave the way for a more inclusive and accessible economy πŸ₯³

We believe that soon, El Salvador and the City of Lugano may lead the future while everyone else will play catch up πŸƒβ€β™‚οΈ

#BitfinexFinancialFreedom
πŸ“’ Greetings Convergers!
Did you get your $CONV airdrop staking rewards yet? 😎

Only available for 10 weeks, deposit/trade & hold 5,000 CONV and EARN up to 2.5x more! ⭐️

Don’t miss out on any details:
http://ow.ly/3tQC50KFsIU
πŸ“’ Stay healthy with the newest addition to the Bitfinex family - SWEAT!
Sweat Economy SWEAT is the crypto you mint, the more you move πŸƒβ€β™‚οΈπŸ’§

Deposits are open & trading starts tomorrow! πŸ’¨
Find our more πŸ‘‰ http://ow.ly/QKSv50KGGq2
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Trade with the Bitfinex whales!

This week we have β€œcountyourmoney” leading again with over $7M in unrealized profits and Wintermute swimming in volumes of over $522M 🐳

πŸ₯‡Who else has topped the charts this week?
http://ow.ly/ElTv50KGMr1