Cross-chain recovery policy
A deposit of one coin to a different coins address is considered as a cross-chain deposit.
Token recovery in a cross-chain deposit is a highly complex, manual procedure and Bitfinex cannot always guarantee a successful outcome. Not all deposits are recoverable. Furthermore, there are different levels of difficulty, time, and security risk involved in each recovery, depending on the currency that has been mistakenly sent to an address.
Bitfinex informs and urges all customers to exercise extreme care and caution when depositing tokens. It is the customer’s responsibility to ensure that the transfer of assets to a Bitfinex account is done correctly.
Cross-chain recovery requests may be submitted for amounts exceeding $2,500 equivalent at the time of the transaction, subject to the following procedures:
- Bitfinex will initially evaluate and assess if the recovery is feasible. If after this evaluation, recovery is deemed not to be viable, at Bitfinex’s sole and absolute discretion, the tokens will not be recovered. This evaluation is final. If it is decided that a recovery will be tried, Bitfinex will attempt a recovery, but a successful outcome is not and cannot be guaranteed.
- A fee on full or partial recovered deposit will be applied. This fee will be deducted from the deposit that Bitfinex will credit to the customer's wallet, it may be charged in USD (using the equivalent price at the deposit confirmation time).
- There is no time frame or time limit for any discretionary recovery process to be undertaken by Bitfinex, so please be patient. Please do not contact us; wait to be notified. There are no possible updates that Bitfinex can or will communicate before the process is completed.
Deposits of unsupported tokens are not recoverable.
If you wish to submit a recovery request, please contact Bitfinex customer support, providing the following:
- Token name;
- Deposit address;
- Desired recovery address (please make sure that you own the private key);
- Transaction ID; and,
- Transaction screenshot.
Other recoveries topics: