Bitfinex and Ethfinex list every major stablecoin in commitment to providing coin agnostic platforms
From today customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
Created in 2014, Tether was for many years the only stablecoin available to traders, offering the ability to move funds quickly between different exchanges with the benefit of stability of the US Dollar. Following the Tether boom in 2017, the stablecoin market has rapidly expanded with five alternatives of note launching from March 2018.
At Bitfinex and Ethfinex we are dedicated to providing a high quality, unbiased meeting place for every ecosystem and customer. We were the first to introduce alternative stablecoins onto our platform, including Dai (an Ethereum collateralised stablecoin), and now proudly introduce the following established stablecoins: USDC, True USD, Paxos, and Gemini USD. All stablecoins on Bitfinex and Ethfinex will be traded against USD.*
This update follows the introduction of Tether balances USDT and EURT to Bitfinex in commitment to providing the best trading platforms for our customers that reflect market demands.
*Please note that deposits and withdrawals for stablecoins added today are limited to verified traders across our platform. Trading remains unaffected by verification status.
