Who does Bitfinex bank with?

On Oct. 6, Larry Cermak, former editor at Diar and head analyst at The Block, reported that leading crypto exchange Bitfinex obtained a banking partner in HSBC , a $133 billion banking giant based in London. “Bitfinex is now banking with HSBC through a private account of Global Trading Solutions.

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Can I trade crypto in UK?

Cryptocurrencies are not regulated in the UK . However, some crypto exchanges such as Coinbase, eToro and Revolut are registered with the Financial Conduct Authority (FCA). The FCA’s position on cryptocurrency is that “Cryptoassets are considered very high risk, speculative investments.

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How do I deposit GBP with Bitfinex?

To begin, make sure that your account is at a Full Verification level. If you are not yet verified at the right level, you can begin or upgrade your verification here. 2. Now, go to the Deposit page and select the currency you wish to deposit under Bank Wire on the left side of the menu bar .

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Is Bitfinex reliable?

There are hundreds of cryptocurrency exchanges operating all over the world, out of which most exchanges are regulated, and a few are not. Bitfinex is not a regulated cryptocurrency exchange, but it is one of the most reliable exchanges , which focuses on the trader’s safety more than making profits.

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