On October 15, the large cryptocurrency exchange Bitfinex made a new statement regarding the suspension of fiat deposits on the exchange last Thursday (October 11). Bitfinex announced that over the next 24 hours it plans to launch a new deposit system that will allow accepting fiat deposits.
Fiat deposit update - October 15th, 2018. https://t.co/F8o2ltVCN4 pic.twitter.com/ukE9JsRB0j
— Bitfinex (@bitfinex) October 15, 2018
The statement takes place against the background of a record growth of Bitcoin on Bitfinex. Its price increased by 11.28% and approached $7800. This was due to a 6% drop of the USD-backed Tether rate, which caused a certain panic among traders on the exchange.
Bitfinex has confirmed that fiat and cryptocurrency withdrawals are now proceeding normally. Stressing that the deposits were temporarily suspended, Bitfinex explained that it was working on creating a new and more reliable deposit system, which will be available on Tuesday (October 16), and thanked users for their patience.
Bitfinex explained that it has temporarily paused the depositing of fiat for “certain customers in the face of processing complications.” Bitfinex confirmed that fiat withdrawals remained open all this time.
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