Bitfinex Introduces New Feature That Allows to Create Up to 100 Sub-accounts
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Jan. 22, 2020

Hong Kong-based cryptocurrency exchange Bitfinex has added a new feature that allows creating up to 100 sub-account within one main account.

According to the official press release, the so-called «Master and Sub-account» feature enables multiple trading accounts within one Master account.

Bitfinex Removes Fees on Crypto Deposits

The exchange says all the sub-account will be linked to a user's first account which will be the Master account.

With the help of the Master account, the exchange's users can:

  • Switch access and make various changes to the various sub-accounts;
  • Set security restrictions on sub-accounts;
  • Set the verification status of sub-accounts;
  • Create up to 100 sub-accounts within one main account.

However, the exchange highlights that a user should verify each of every sub-account’s email address before the feature will be activated.

Previously the same feature of multi-account support was presented by the other cryptocurrency exchange called KuCoin. The exchange has the same title of the feature and similar limitation specifications.

Earlier iHodl reported that a global blockchain-focused financial service provider Huobi Group launched Huobi Brokerage, a new cryptocurrency brokerage platform focused on institutional investors.

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