With the Fast Pay feature, Bitfinex users can transfer funds to other Bitfinex users via Bitfinex Pulse nicknames. These transactions between Bitfinex users are referred to as internal transactions, when funds are deposited or withdrawn from one Bitfinex account to another.
Note: Internal transfers are free of charge and faster than on-chain transactions.
How to make an internal transfer to another Bitfinex account
1. Firstly, open your Bitfinex Mobile Application.
2. Then, navigate to the Pay tab. Here, you will find the option to Send, Receive or Scan QR code addresses.
3. Select the Send option and enter the Bitfinex Pulse nickname of the Bitfinex user you would like to send your funds to.
4. Enter the amount you would like to transfer and confirm with the Pay option which will take you to the instant payment page.
Important: There is a daily (24 hour) spending limit of $1,000 when using Fast Pay.
5. You can also choose to send a Tip to the receiving user, either by selecting a tip percentage or by manually inputting an amount to tip.
Note: If your Bitfinex account is verified to Basic Plus or higher, you can enable the tipping option in the Edit Profile section on Bitfinex Pulse.
Note: To Send or Receive Tether tokens, your Bitfinex account must be verified to Basic Plus or above verification level. You can upgrade your verification by selecting the Upgrade your account option or by going to your Account page and then selecting Verification.
If you have any questions, please feel free to reach out to Bitfinex Support. We are happy to help!