October 18th Bitfinex launches CNHt/USD trading pair
From media materials
Road Town, Tortola, British Virgin Islands – October 18, 2024 — Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced the listing of a new trading pair, CNHt/USD. This new pair will allow users to trade CNHt, a Tether token linked to the offshore Chinese Yuan, against the US dollar. CNHt, a stablecoin, provides a secure and decentralized method of exchanging value using CNH as a friendly unit of account.
“We are excited to introduce the CNHt/USD trading pair, enhancing the options our customers have to manage and trade their currency exposure on the Bitfinex platform,” he said. Henry Child, Head of Tokens at Bitfinex. “This list is part of our broader mission to support powerful, decentralized financial solutions.”
CNHt provides individuals and organizations with a reliable way to exchange value in the form of digital tokens while maintaining a stable peg to fiat currency. This combination adds another way for users to hedge risk and leverage stable assets within the Bitfinex ecosystem.
CNHt/USD trading is scheduled to begin around 10:00 AM UTC on October 22, 2024, subject to meeting liquidity requirements.
To access the CNHt/USD spot trading pair on Bitfinex, clients can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to the Bitfinex Terms of Service (“TOS”). Among other prohibited persons (as defined in the TOS), U.S. persons (as defined in the TOS) are strictly prohibited from holding, owning, or operating, directly or indirectly, an Account (as defined in the TOS) at www.bitfinex. .com.
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Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services to traders and global liquidity providers. In addition to a series of advanced trading features and charting tools, Bitfinex offers access to peer-to-peer finance, OTC markets, and margin trading for a variety of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to skilled traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.
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