back Back

Bitfinex Terminal launches historical funding statistical data

By Edil Corneille

February 04, 2021

  • Bitfinex
  • Hong Kong
Share

Bitfinex, exchange, APIBitfinex, a digital token trading platform, has launched historical funding statistical data on Bitfinex Terminal, a real-time market data feed.

Customers can obtain free access to key metrics of the funding market, such as the Flash Return Rate (FRR), total amount provided, average period, and total amount used. The users can leverage this funding statistical data, along with existing public trade data, to enhance the backtesting of trading ideas and power algorithmic trading strategies.

“We’re pleased to provide this advanced tool enabling a more granular analysis of historical funding data for our growing number of algorithmic traders,” said Paolo Ardoino, CTO at Bitfinex. “We anticipate great interest in this offering and look forward to expanding the range of tools available still further to empower our users’ trading strategies.”

This historical funding stats data can be accessed from the Bitfinex Terminal GitHub page, following instructions from the company. Besides providing free access to historical funding stats and public trade data, Bitfinex Terminal also offers historical snapshots of exchange order book data on a pay-as-you-go basis.

Founded in 2012, the Bitfinex platform offers services for digital token 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 tokens. The company’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world.

In November 2020, Taipei-based Bitfinex launched Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal that is said to provide a seamless interface for users to borrow. The portal enables borrowers to use their bitcoin or Ethereum holdings as collateral to obtain a loan in either Tether (USDt) tokens or US Dollars (USD).

Previous Article

February 04, 2021

BharatPe hires former American Express CFO and PAYBACK CEO

Read More
Next Article

February 04, 2021

U.S. Bank welcomes Scott Ford, former JP Morgan Chase executive as president, Wealth Management Affluent

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

October 03, 2024

Worldline & BOCHK launch open platform card solution in Hong Kong

Read More

September 30, 2024

4 Major BankTech Partnerships announced in September 2024

Read More

September 27, 2024

Multitude Bank chooses Salt Edge to optimise loan repayment

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More