THELOGICALINDIAN - Bitfinex has appear the addition of 12 new ERC20 tokens Among the tokens listed is Dai a stablecoin adversary to Tether Among thenewly accurate altcoins are Aion AION Iostoken IOST Request Network REQ and Raiden Network RDN
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Bitfinex Announces Trading Pairs for 12 New Altcoins
On April 7th, Bitfinex announced via Medium the addition of 12 new altcoins on its trading platform. All of the new tokens are ERC-20 tokens (the abstruse accepted for acute affairs hosted on the Ethereum blockchain).
The anew accurate altcoins are Aion (AION), Iostoken (IOST), Request Network (REQ), Raiden Network (RDN), Loopring (LRC) Bnktothefuture Token (BFT), Cofound.it (CFI), Wax (WAX), Singularitynet (AGI), Medicalchain (MTN), Odem (ODEM), and Dai (DAI).
BTC, ETH, and USD trading pairs for the anew accurate altcoins went alive at 4PM UTC on April 7th. Bitfinex’s advertisement declared that “The anew alien badge listings accept a accumulated bazaar assets of $1.1B USD.” Margin trading and lending markets for the new tokens “will be enabled gradually, as acceptable clamminess develops.”
Notable Listings Include Dai and Bnktothefuture
The anew listed ERC-20 tokens accommodate Dai, “a digital, decentralized stablecoin congenital on Ethereum.” The advertisement of Dai is significant, as the activity appears to be in absolute antagonism with above stablecoin, Tether – which shares the aforementioned admiral as Bitfinex. The barter declared that “Dai will initially be fabricated accessible adjoin BTC, ETH, and USD whilst we analyze the achievability abacus added DAI pairs.”
The advertisement of Bnktothefuture Token is additionally notable, as Bnktothefuture appears to own shares in Bitfinex. Bnktothefuture was additionally complex in the arguable about-face of BFX tokens into disinterestedness in Bitfinex afterward the adverse drudge suffered by the barter in 2016. On August 22nd, 2016, Bitifinex “formally active a letter of absorbed with Bnktothefuture […] to accommodate solutions appear compensating barter with disinterestedness in Bitfinex.”
The Chief Executive Officer of Bitfinex, Jean-Louis van der Velde, declared “The addition of such a ample alternative of tokens, apery a assorted arrangement of blockchain-based projects, marks an agitative development for Bitfinex. We are appreciative to acquaint these as we accept that anniversary badge serves to strengthen and animate a different aspect of the all-around blockchain ecosystem, and will action new and agitative trading options for our users.”
Mr. Velde added “We are aflame to be activity the added ambit to board the needs and expectations of our traders. Looking forward, we will abide to aggrandize our account offerings to best abode their needs, and to advance an avant-garde and admiring trading belvedere for the growing agenda asset community.”
Do you anticipate that Bitfinex’s accommodation to account Dai is significant? What do you anticipate the advertisement of Dai on Bitfinex may announce for Tether’s future? Share your thoughts in the comments in the area below!
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