Bitfinex Reopens New Account Registrations, Minimum Deposit of $10,000 Imposed

After temporarily closing its doors to new registrations, Bitfinex re-opens to new user registrations with mininum trading balance required.

Today we are pleased to announce the reopening of Bitfinex to new accounts. However, please take note of the new requirements outlined below.

New Account Requirements

Bitfinex is a global liquidity source with a focus on serving professional traders and regional exchanges. We suggest that traders who are new to cryptocurrency trading try another, more straightforward platform first and return to Bitfinex later.

To that end, and to allow us to maintain focus on our core customer base, all accounts created after January 1st, 2018, will have a new activation equity requirement. New accounts will need to deposit fiat or crypto to achieve minimum account equity of 10,000 USD equivalent before they can trade or offer funding. After reaching this minimum, an account becomes fully activated (Note that after this initial activation, account equity is allowed to drop below this activation threshold without consequence).

Existing accounts will not be affected by these changes. This change only affects new accounts. Source

Meanwhile, Binance has also re-opened to new registrations for limited period of time.