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Bitfinex announced that customers with Full verification can now access USD wire transfers via OpenPayd, expanding on its existing EUR and GBP wire transfer services.
Bitfinex has introduced USD wire transfers for customers with Full verification, made available through its partnership with OpenPayd, a banking-as-a-service platform. This addition comes alongside the broker’s existing EUR and GBP wire transfer services and requires users to have at least Intermediate verification for access to the OpenPayd feature.
According to the linked support article, users must follow specific procedures for deposits and withdrawals, including fee structures, transaction limits, and restrictions on eligible jurisdictions. The OpenPayd service is not available to individuals or beneficial owners in certain countries, and first-time users must agree to Terms of Service before initiating transfers. Withdrawals involve two-factor authentication, and verification requirements may affect confirmation steps.
Bitfinex is a cryptocurrency exchange that offers trading in Bitcoin, Ethereum, Litecoin, a wide range of crypto pairs, and fiat currencies such as USD, EUR, GBP, and JPY. The platform provides a proprietary trading terminal, a mobile app, customizable orders, margin trading with leverage up to 1:10 (and up to 1:100 for derivatives), demo accounts, and investment options like staking. For more detailed information, visit the broker profile on Traders Union.
For a recap, Bitfinex recently expanded its fiat transfer options by introducing USD wire transfers via OpenPayd for users with Intermediate verification or higher. For more details, see our earlier news about Bitfinex.