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View Full Version : Bitfinex Ends Cutomer Accounts in the U.S.



t00nces2
12-08-2017, 08:09 PM
I looked for an alternative to Coinbase and found bitfinex.com. Signed up for and account to buy and sell BTC. Today when I went back, I was told that they were ending any accounts with any United States resident. This is an interesting turn...

https://i.imgur.com/TjzKwVf.jpg

Count Stacula
12-08-2017, 09:04 PM
I believe it is because Coinbase is regulated and Bitfinex is not. In other words the IRS can monitor the money flow in and out of Coinbase but not Bitifnex. That is why so many people wanted to use Bitfinex.

I'm guessing, however, that the USA told Bitfinex that they had better not allow any US Citizens to continue on that platform or bad things would happen to their host country.

Just a guess, but it would explain why Bitifinex is saying "Pack your schit and get out!"

Chump Change
12-08-2017, 11:30 PM
Don't worry, it's just a glitch

It'll be worked out soon
You'll see

Count Stacula
12-09-2017, 12:05 AM
Don't worry, it's just a glitch

It'll be worked out soon
You'll see

Maybe, but personally I don't give a flip either way. If I have to I'll put my BTC in cold storage and leave it at that for the next year or two until everybody comes to consensus on how they want to do this thing.