THE:Bitfinex Now Offers Fee-Free Small Deposits

We'repleasedtoannouncetheremovalofthesmalldepositfeeonourplatform.

From18/12/193:00PMUTC,customerswillnolongerberequiredtopayafeefordepositsoflessthan1,000USDequivalent.Thisfeeremovalwillprovideourexistingandprospectivecustomerswithgreaterflexibilityandoptionsontheirdepositamounts.

ThesmalldepositfeewasfirstintroducedinDecember2017tocounterthehighnumberofsmalldepositsmadeinanattempttospamourplatformandslowdownourservices.Numeroussmalldepositscreatedanexcessoftinywalletinputsthatrequiredwalletinputconsolidationmaintenance.Thesmalldepositfeeservedtokeepwithdrawalsflowingsmoothlyforallourcustomers.

Aswehavesincedevelopedcapabilitiestothwartthesedeposit-relatedspamattacks,thesmalldepositfeeisnolongerrequired.

TheremovalofthesmalldepositfeefollowstheremovaloftheUSD10,000minimumequitythresholdearlierthisyear,furtherdemonstratingourongoingcommitmenttoonboardingnewretailtradingcustomersandgrowingthewidercryptocommunity.

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