cryptodailytrading.com

Bitfinex App Launched After Beta Testing, Confirms Support for BTT Airdrop

  • Yuri Molchan
    📰 News

    Bitfinex exchange reports on Twitter that the beta stage of testing its new Bitfinex app is over; it is about to be released to a wide crypto audience


Bitfinex App Launched After Beta Testing, Confirms Support for BTT Airdrop
You may also like:
Contents

On Tuesday, Feb 12, Bitfinex exchange tweeted about the end of the trialling period for its Bitfinex app, which had been in private beta testing mode since autumn 2018. The team reports that they had taken in customer feedback and fixed all bugs, turning the app into the new version of its older self. The app has now been launched.

Who the app is for

The new app by Bitfinex is for crypto investors and traders. The exchange claims that this is going to offer a whole lot of new features and functions to customers. For better protection, the creators have built in biometric identification. After certain feedback, the team changed the size of the fonts and improved the overall performance of the app.

The dev team promises to keep listening to customer feedback in order to continue improving the Bitfinex app in the future, as soon as any crucial bugs are reported, in order to provide the best trading experience for clients of the exchange.

The product is currently available on iOS.

👉MUST READ Tron Signs MoU with Leading DLT and Gaming Groups in South Korea
Tron Signs MoU with Leading DLT and Gaming Groups in South Korea

The recent Bitfinex uphold

At the end of last week, on Saturday, Bitfinex tweeted about a sudden break in service due to certain technical issues. Trading was unavailable for several hours, but finally Bitfinex got operational again on the same day.

Bitfinex

Technical support for the BTT airdrop

One more piece of good news having to do with Bitfinex is that during the weekend it announced taking part in the widely-expected BTT airdrop for TRX holders.

Other major exchanges, such as Binance, OKEx and Huobi, stated their intention to support the airdrop much earlier.

Join our Telegram channel to get news even faster!
👓 Recommended articles

Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
You may also like:
Contents

It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

👉MUST READ Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?
Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?

Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

👉MUST READ This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee
This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee

Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

'Bitcoin symbol and graph.Vector illustration.' image by 123rf https://ru.123rf.com/photo_69329295_bitcoin-symbol-and-graph-vector-illustration-.html?term=bitcoin&vti=njv6v7w01tymanucm1-1-82
Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!
👓 Recommended articles