New high frequency/size wire withdrawals fee_AND:ING

Effectiveimmediately,Bitfinexwillchargea3.0%feeonallexternalwirewithdrawalrequestsexceedingthefollowingfrequencyand/orsizelimits:

1.morethan2fiatwithdrawalsinanythirtydayperiod;and/or,2.morethan$1Minaggregateinfiatwithdrawalsinanythirtydayperiod.Regularwithdrawals,currentlyrepresentingtherequestsofmorethan99%ofourcustomers,areunaffectedbythischange.

Bitfinexservesastheprimaryfiatgatewayinthecryptoecosystem,havingprocessedover700withdrawalsrepresentingmorethan$1BinOctober2018alone.

Ourbankingremainsstable,butwemustprioritizeourlong-standingandloyalcustomersusingtheplatformsothattheycancontinuetobenefitfromourtrulyuniqueoffering,thebenefitsofwhichextendfarbeyondourusersandincludemanycrypto-to-cryptoandcrypto-to-stablecoinsexchanges.

Wewillcontinuetofighttodefendtheuseofanindependentfiatgatewaydespitesustainedandco-ordinatedattacksfrompowerfulforcesattemptingtoharmglobalcryptocurrencymarkets.Wearethankfulforthesupportthatmanyofourcustomersandothershaveshownusbehindthescenes.Nowitisimportantthatweallremainunitedandsupportourindustrybeyondanycryptocurrencyorindividualexchangepreference.

Anywithdrawalrequestsbeforethisannouncementwillbeprocessedundertheoldfeeschedule.

Bitfinexmayexemptcustomersfromthischargeinitssolediscretion.Bitfinex’sfeescheduleremainssubjecttochangeatanytime.

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