Bitfinex Introduces BTC/EUR Pair with Rumours of Reopening USD Wires
- Bitfinex stopped USD wire transfers in April, and if it reopens wire transfers again, it will be a huge move.

A day after news of the Tether hack broke, Bitfinex officially introduced euro trading on their platform. The firm also hinted at reintroduction of USD wire transfers with a couple of tweets from its official handle.
We are pleased to announce trading is now live on our first Euro pair, BTC:EUR https://t.co/Y6sW7pRmEl
— Bitfinex (@bitfinex) November 22, 2017
Bitfinex is solvent and both fiat and crypto withdrawals are functioning as normal. We are seeing increasing FUD which we believe is a co-ordinated attack to create a market disrupting event 1/2
— Bitfinex (@bitfinex) November 19, 2017
Always ask for evidence before drawing conclusions. We are grateful to those who have defended against these reckless allegations. A formal announcement is forthcoming. 2/2
— Bitfinex (@bitfinex) November 19, 2017
According to a report by Cryptovest, a third party organization named Crypto.SP.ZO.O will handle Bitfinex’s account.
Bitfinex has its fair share of controversies too. In 2016, the platform endured the second biggest hack in the cryptocurrency industry and lost $72 million worth of customer’s money. It then introduced the BFX token to compensate customers.
Another big blow to the business of this unregulated exchange came in April 2017, when the platform withdrew its support of direct USD wire transfers due to the strictness of rules by American banking giant Wells Fargo.
And with the recent attack on the platform, the name Bitfinex came up due to links with the operations of both platforms. In the recent Paradise Papers leak, it was also revealed that Bitfinex CSO Philip Potter is listed as the director of Tether Holdings Limited.
Whatever the controversies may be, Bitfinex is holding a large chunk of the digital currency market, and with moves like the implementation of euro trading, it is making its hold on the market more firm.
A day after news of the Tether hack broke, Bitfinex officially introduced euro trading on their platform. The firm also hinted at reintroduction of USD wire transfers with a couple of tweets from its official handle.
We are pleased to announce trading is now live on our first Euro pair, BTC:EUR https://t.co/Y6sW7pRmEl
— Bitfinex (@bitfinex) November 22, 2017
Bitfinex is solvent and both fiat and crypto withdrawals are functioning as normal. We are seeing increasing FUD which we believe is a co-ordinated attack to create a market disrupting event 1/2
— Bitfinex (@bitfinex) November 19, 2017
Always ask for evidence before drawing conclusions. We are grateful to those who have defended against these reckless allegations. A formal announcement is forthcoming. 2/2
— Bitfinex (@bitfinex) November 19, 2017
According to a report by Cryptovest, a third party organization named Crypto.SP.ZO.O will handle Bitfinex’s account.
Bitfinex has its fair share of controversies too. In 2016, the platform endured the second biggest hack in the cryptocurrency industry and lost $72 million worth of customer’s money. It then introduced the BFX token to compensate customers.
Another big blow to the business of this unregulated exchange came in April 2017, when the platform withdrew its support of direct USD wire transfers due to the strictness of rules by American banking giant Wells Fargo.
And with the recent attack on the platform, the name Bitfinex came up due to links with the operations of both platforms. In the recent Paradise Papers leak, it was also revealed that Bitfinex CSO Philip Potter is listed as the director of Tether Holdings Limited.
Whatever the controversies may be, Bitfinex is holding a large chunk of the digital currency market, and with moves like the implementation of euro trading, it is making its hold on the market more firm.