Bitfinex Unveils Support for Cardano (ADA) hard fork ‘Vasil’


ROAD TOWN, British Virgin Islands
– September 26 2022  – Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, has been supporting Vasil, the hard fork of Cardano (ADA), a proof-of-stake blockchain, designed as a new update to scale and optimise the blockchain.

The Vasil hard fork, which has happened and will become available on 27/09/22, will expand the capabilities of the Cardano blockchain, including increasing decentralisation, enhancing the handling of on-chain scripts, reducing script execution costs, transaction size and improving throughput. Furthermore,  Vasil also introduced enhancements to Plutus, enabling developers to create more powerful dApps.

“We are delighted to support the Cardano hard fork, Vasil,” said Paolo Ardoino, CTO at Bitfinex. “As an exchange we always seek to provide our growing customer base with an optimal choice of digital tokens to trade and a first class trading experience.”

Cardano (ADA) trading, deposits and withdrawals on Bitfinex will be unaffected when the new features become available.

Additional information about the Vasil hard fork can be found here.

Bitfinex is leveraging its position as one-stop shop for digital token trading offering a variety of services, including spot and margin trading, staking, borrowing and capital raising.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

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About Bitfinex
Founded in 2012, Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and financed trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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