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by TylerE 3316 days ago
Umm, isn't it impossible to actually cash out of Bitfinex?
3 comments
ty_a 3316 days ago
If it is, use a different exchange there are lots of them.
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TylerE 3316 days ago
Based on history I wouldn't trust any of 'em with $1,000, much less a million.
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endlessvoid94 3316 days ago
Why not?
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rosege 3316 days ago
they collapse and quite possibly the person operating it nicks off with all the btc https://cointelegraph.com/news/polands-bitcoin-exchange-bitc...
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throwaway32434 3316 days ago
It is not. They do wire money back into your account. In fact, if you're a US person, then you are covered by FDIC rules. During the hack, Bitfinex didn't touch money that was in USD; for the rest there was a haircut.
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csomar 3316 days ago
USD or US citizen? I'm pretty sure my USD got a haircut.
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aminorex 3316 days ago
You can cash out using btc, xmr, eur,hkd, no problem. USD is the only unusable currency.
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davidgerard 3316 days ago
You specifically cannot cash out with HKD. The only ActualMoney you can get out of Bitfinex at present is Taiwan NTD to a local account.
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aminorex 3315 days ago
Thank you for correcting my error.
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