Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Bitfinex exchange
World exchanges

Bitfinex exchange has launched its social network for traders

31.12.2020
2 min read

Bitfinex exchange presented its own product – Bitfinex Pulse

The Bitfinex exchange is the most liquid trading floor for cryptocurrency. It is specially adapted for operations with the most popular digital money, and provides traders with favorable conditions. Recently another useful innovation has appeared here – a social network called Bitfinex Pulse.
This service is designed for traders and for their communication within the trade operations. It has various tools, which simplify the activity and help to quickly solve important issues. The social network is ideal for people who work with the cryptocurrency. With its help, you can effectively build up your activity and become a more successful trader.
To access the network, you need to pass verification and then search for users and interact with them. You can place “impulses” through your personal account. They are small messages, which are analogous to tweets. Other users can react to these messages – put likes, share them on other resources, and such popular networks as Twitter and Facebook are also available for this purpose.
One of the incentives to develop its own service, according to the management of Bitfinex, was the requests from traders. Therefore, when creating the Pulse network, experts were primarily focused on the needs of users and studied the experience of existing products in this area.

Bitfinex exchange

Registration in Bitfinex Pulse has been simplified. Accounts are synchronized with accounts on the exchange. The only thing a user needs to do is choose a nickname under which they will write “impulses”. In this case, to view messages do not need to be registered.
Specialists are still working on improving the service. It does not yet have the function to copy trades, as it can be done in other platforms for interaction of traders, for example, in eToro. Representatives of Bitfinex explain this shortcoming by the fact that eToro was originally created as a social network designed for the retail market. In the case of Bitfinex Pulse, it is important to focus on a more advanced category of users, which is well-versed in technical terms and chooses high-quality content of a rather narrow focus.
This trading platform is actively developing. Before the launch of its social network Bitfinex announced the staking of three types of cryptocurrency on PoS. With this type of storage of digital money exchange users can get about 10% per annum. Now this operation is available for Cosmos, V.Systems and EOS crypts, soon Tezos will join them.
Adding of the staking function was the result of analysis of the exchange customers’ needs. It is available for retail users as well as for institutional traders. The process of coin storage is carried out thanks to the unique custodian solution.

Tags: World exchanges
0
Previous Post The dollar has reached its limit: what will happen to the rate in the future Next Post Application Doublicat from the Ukrainian startup RefaceAI has received investments

You Might Also Like

Korean Stock Exchange
World exchanges
How the Korean Stock Exchange has evolved
19.06.2025
direct listing
World exchanges
Direct listing as a beneficial alternative to an IPO
10.05.2021
biotech company Veraxa Biotech
World exchanges
Biotech company Veraxa Biotech to list on the Nasdaq exchange
21.07.2025
Malaysian Derivatives Exchange
World exchanges
Malaysian Derivatives Exchange to launch soya oil futures
12.03.2024
Korea Exchange
World exchanges
Korea Exchange improves Value-Up update
09.12.2024
Shanghai Stock Exchange
World exchanges
Shanghai Stock Exchange uses blockchain solutions for trading
09.07.2021

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Analysts: Egypt’s economy to continue falling in 2023
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics