Bitfinex Launches Ethereum-Based Decentralized Crypto Exchange Ethfinex
Introducing Ethfinex Trustless – an Ethereum based trading solution placing security, privacy and control in the hands of the user.
— DeversiFi (@deversifi) September 17, 2018
According to a recent announcement, Ethfinex is designed to be completely trustless, meaning that there are no sign-ups, registration or KYC requirements, allowing investors to trade completely anonymously via direct connections to Ledger and MetaMask without centralized order books.
Over the next two weeks, Ethfinex will require users to hold at least 1 Nectar token (NEC) in their Ethereum wallet in order to trade. This will allow the company to initially monitor user activity to provide support and address any platform bugs.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.