Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

#Bitfinex Introduces Decentralised Trading Platform For #Ethereum Tokens

Ethfinex enables instantaneous and trustless Ethereum on-chain trading

 

British Virgin Islands - September 17, 2018 (Investorideas.com Newswire) Bitfinex, the world's leading professional cryptocurrency trading platform, has today announced the complete launch of Ethfinex, a hybrid Ethereum-based exchange which allows users to take advantage of both centralised and on-chain trading opportunities. The full launch of Ethfinex coincides with a time of immense interest in the development of decentralised trading solutions to mitigate dependency on current centralised solutions and explore the boundaries of distributed trading architecture.

Will Harborne, Director of Operations at Ethfinex said, "Today represents the culmination of a prolonged phase of hard work and dedication fuelled by our vision for a decentralised, community-governed trading platform. We are beyond excited to leverage Ethereum to deliver a sophisticated, trustless trading experience to users worldwide and to further extend the boundaries of decentralised exchange."

Announced in August 2017 and launched as a beta in December of that year, Ethfinex has steadily grown and now processes daily volumes averaging over $70 million USD. Powered by the Nectar (NEC) token, distributed to users on a monthly basis based on their trading volumes, Bitfinex's vision for Ethfinex is to create a community-governed trading platform where platform fees, token listings, and governance decisions are distributed amongst users.

Paolo Ardoino, Chief Technology Officer at Bitfinex said, "The complete launch of Ethfinex maintains the sense of continuous progress within the Bitfinex community and underlines our credentials as a true pioneer in this ever evolving and exciting exchange landscape. This is a firm demonstration of our commitment to accelerating the development of the blockchain trading ecosystem, extending our reach to a wide variety of traders worldwide, allowing them to take advantage of both centralised and on-chain trading opportunities."

With an overarching vision of decentralizing trading solutions on a global scale, Ethfinex allows for seamless trading through Ledger, MetaMask, Trezor and Keystore, providing trustless, anonymous and high-liquidity trading solutions to over 57 Ethereum based tokens. As an on-chain platform, the Ethfinex Portal enables instantaneous trading, globally, by removing the need for registration, deposits, and identity confirmation. In addition to this, comprehensive integration with the central Bitfinex order books brings a highly liquid trading experience to users. With trades settled directly on Ethereum, the Ethfinex Portal mitigates the need for trust and places control back in the hands of the user.

"Through removing the array of concerns associated with current centralised entities, Ethfinex aims to power a new era of digital asset trading which prioritizes the control individuals have on the security, privacy, and liquidity of their trading experience. We are dedicated to showcasing the power of decentralised and trustless trading solutions as this exciting journey continues," concluded Harborne.

For more information, visit https://www.ethfinex.com.

Media Contact:

Kasper Rasmussen
Kasper@Ethfinex.com

About Ethfinex:

Ethfinex is a digital asset exchange and trading platform providing access to highly-flexible centralised and on-chain trading portals. Ethfinex links centralised and on-chain order books to provide a high performance trading experience centred around control. Market makers on Ethfinex are incentivized to use the platform through the Nectar (NEC) token which rewards traders on the platform with a stake in its development. The overarching goal of Ethfinex is to deliver a sophisticated trading experience whilst democratizing the governance decisions surrounding a digital asset exchange.


Investorideas.com features content for Bitcoin, Blockchain and Digital Currency Stocks and ICO's at Cryptocurrencyinvestorideas.com, Blockchaininvestorideas.com and Investorideas.com

View our growing Bitcoin, Blockchain and Digital Currency Stocks Directory

https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's Latest News and Commentary https://www.linkedin.com/groups/13560073

Check out our crypto blog on blogger.com

https://cryptoandblockchainideas.blogspot.com/

Recently added Bitcoinandblockchainstocks.com at http://www.bitcoinandblockchainstocks.com/


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp