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Bitfinex closes margin trading and funding for Bitcoin SV (BSV)

BITFINEX

Related type: Others

2022-11-23 23:40

In line with our commitment to deliver the best trading experience, we are closing the margin trading and funding functionalities for Bitcoin SV . This decision has been made as a result of our continued monitoring of all listed products. From 28/11/2022 at 03:00 PM UTC, customers can only reduce their margin positions in BSV/USD and BSV/BTC, and reduce their funding; the possibility of adding new funding orders will be disabled. Bitfinex will disable margin trading on the BSV/USD and BSV/BTC pairs as well as BSV funding on 12/12/2022 at 03:00 PM UTC. All remaining margin and funding orders will be cancelled, and we will force settle all open margin and funding positions on 12/12/2022. Deposits, withdrawals and spot trading for BSV will remain available to customers.