Bitfinex to offer on-blockchain transactions

Investing | February 21, 2015 By:

Bitfinex has become the first major bitcoin exchange to offer on-blockchain transactions.

“This represents the next logical step in ensuring the safety of the bitcoin entrusted to us by our users,” said Bitfinex director of community and product development Zane Tackett.

Bitfinex will now allow users to check their segregated bitcoin wallets on the blockchain. Trade settlements will be broadcast once per day, according to the company.

Bitfinex is a Hong-Kong-based trading platform for Bitcoin.