Bitfinex Adds SAN Trading Supportbr>
Bitfinex, one of the world’s largest cryptocurrency exchanges by trading volume, has added support for trading Santiment’s token SAN against BTC, ETH, and USD. Earlier this month, Santiment raised a total of $12,215,250 USD worth of ETH in its two-stage crowdsale.
Santiment seeks to provide investors with a comprehensive way to identify and avoid duplicitous crowdsale projects. Using objective data feeds and expertly crafted content, the company offers investors an open database of projects that gives them trading advantages and minimizes the risk of their investments.
Santiment founder Maksim Balashevich said they are delighted to be trading on Bitfinex.
“The launch of SAN trading marks a significant milestone in achieving Santiment’s mission to build the future datafeeds for the crypto-markets,” Balashevich said. “Bloomberg and Thomson Reuters serve a critical role in traditional financial markets, but the cryptocurrency and blockchain space has lacked a viable counterpart. As Santiment begins trading on Bitfinex, with strong support from the community and Cofound.it behind us, we are perfectly positioned to be the financial market data and content platform of choice for the crypto market.”
Bitfinex will also enable margin trading for SAN pairs as the order book develops appropriate liquidity, letting users trade with leverage via funding from the peer-to-peer margin funding platform.
“Santiment’s impressive development and partnerships as well as its highly successful crowdsale highlights the company’s dedication to innovation and growing the cryptocurrency trading space with unprecedented data access,” said Bitfinex CSO Phil Potter. “Bitfinex is proud to partner with Santiment and support our mutual goal to mature the nascent crypto data industry.”