New York residents can no longer hold a balance of any cryptocurrency on Bitfinex.
Accordingly, 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.com They cannot exchange USD for cryptocurrencies or vice versa.
- Margin Trading: US Residents cannot trade on margin at this time.
- Funding Market: New York Residents cannot offer cryptocurrency funding.
Every time a user logs in from a New York IP address, we will require a confirmation that the user is not a resident of New York before continuing to the site.