Digivault ExchangeConnect Now obtainable on Bitfinex

Digivault ExchangeConnect Now obtainable on Bitfinex

07 October 2022 in Media Releases

ROAD TOWN, British Virgin Islands, October 7 2022 11:00 AM UTC – Bitfinex, a state-of-the-art digital token buying and selling platform, has built-in Digivault ExchangeConnect, a brand new service that permits shoppers to commerce whereas holding their belongings inside Digivault, a UK regulated custodian that’s a part of EQONEX Group.

Digivault ExchangeConnect, the newest providing from Monetary Conduct Authority (FCA) registered Digivault, goals to assist handle the important thing points institutional clients face when getting into the digital token financial system. These embody safety and counterparty publicity created from needing to depart belongings on the exchanges; capital inefficiencies with belongings allotted throughout a number of exchanges; and the price and time inefficiency in capital rebalancing efforts.

Digivault ExchangeConnect goals to resolve these points by enabling clients to allocate and lock-up quantities of their custodied digital tokens for buying and selling on a specified change.  Digivault clients’ locked-up belongings might be mirrored as obtainable buying and selling balances on Bitfinex in real-time whereas by no means leaving the security of Digivault.  

When utilizing ExchangeConnect, Digivault shoppers can commerce as regular utilizing their Bitfinex buying and selling account. Settlement happens on the finish of the day or intraday upon request.Digivault shoppers can unlock their belongings from Bitfinex and withdraw them from Digivault. 

“Custody and credit score threat symbolize the important thing foundational necessities for institutional clients in search of publicity to Bitcoin and the rising digital token financial system,” mentioned Paolo Ardoino, CTO at Bitfinex. “Digivault’s ExchangeConnect represents  a complete custody resolution for institutional clients getting into the area.”

“We constructed Digivault as a result of we had a deep understanding of the distinctive safety necessities wanted for digital belongings, in addition to the stringent requirements of institutional inner threat committees,” mentioned Rob Cooper, CEO at Digivault. “Digivault ExchangeConnect is a vital innovation for world traders and complex merchants who want to safeguard their belongings with out sacrificing effectivity when buying and selling on exchanges.” 

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please word that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from immediately or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com.


About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and world liquidity suppliers. Along with a set of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for knowledgeable merchants and liquidity suppliers all over the world. Go to www.bitfinex.com to be taught extra.

Media Contact for Bitfinex

Joe Morgan

Senior PR Supervisor

[email protected]


You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *