Crypto exchange Bitfinex announced Friday that it is making changes to the services it provides to Ontario customers.
Effective immediately, the firm said that “Ontario customers who do not have balances on the platform will have their accounts closed.” In addition, those who do not have open positions in the platform’s peer-to-peer financing markets will no longer have access to those markets. “Ontario customers who do not have open margin positions or ‘borrowing’ positions in our peer-to-peer financing markets will no longer have access to open margin positions or engage in ‘borrowing,'” the firm further detailed, adding:“Additionally, Ontario customers should withdraw funds from Bitfinex on or before March 1, 2022,” the exchange advised.
. “This means they are not authorized to offer trading in derivatives or securities to persons or companies located in the province.”
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I'm sorry for the Canadian users but Bitfinex made the right decision.
On9tario.
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So they will be moving to cryptocom 👀
Why exactly Ontario?
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