Bitfinex Announces Trading Pairs for 12 New Altcoins
On April 7th, Bitfinex announced via Medium the introduction of 12 new altcoins on its trading platform. All of the new tokens are ERC-20 tokens. The newly listed tokens include Dai, “a digital, decentralized stable coin built on Ethereum.”
The listing of Dai is significant, as the project appears to be in direct competition with major stable coin, Tether – which shares the same directors as Bitfinex. The exchange stated:
“Dai will initially be made available against BTC, ETH, and USD whilst we explore the possibility adding additional DAI pairs.”
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