New York residents can no longer hold a balance of any cryptocurrency (BTC/LTC/ETH/ETC) on Bitfinex.
Because users can no longer keep a crypto balance, NY residents will no longer have access to a number of features on Bitfinex.com
- Exchange: New York residents cannot use any of the features in the “Exchange” tab on Bitfinex. They cannot exchange USD for BTC/LTC, ETH/BTC or ETC/BTC, nor can they exchange BTC, LTC, ETH, or ETC and vice versa
- Margin Funding: New York residents can no longer offer BTC, LTC, ETH, or ETC funds
- Claim: New York residents who use our "Margin Trading" feature can no longer claim their position
Every time a user logs in from a New York IP we will require a confirmation that the user is not a resident of New York before continuing to the site.