Announcements

Latest fee share to users and Nectar token credit July 13, 2018

Ethfinex has completed the latest Nectar token distribution to traders, for the 30-day period which ended today (13th July). We've distributed 756,644.58 Nectar (NEC) to reward traders!

A total of 768.82 ETH has been pledged to the Nectar token smart contract. That figure represents 50% of trading fee revenues for this latest 30-day period. These token transfers can be observed on Etherscan.

If you have already verified your account and registered for the scheme, you will now be able to see new NEC credited to your Ethfinex account.

A full report on Ethfinex's performance over this period will be released shortly.

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0% Maker Fees On All New Tokens On Ethfinex July 13, 2018

Today, 12th July, we listed Atonomi (ATM), Hydro Protocol (HOT) and DATA (DTA). We’re pleased to announce that all three tokens will have 0% maker fees for the next 3 days to celebrate this launch. After this three day period, maker fees will return to normal for all three tokens. Maker fees for all other token pairs remain unchanged.

Trading on Ethfinex will continue to earn Nectar (NEC) in normal proportions.

We look forward to continuing this initiative with future listings to reward our users for their efforts in getting the respective tokens listed on Ethfinex.

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Important notice for token listing vote and EVT market July 10, 2018

On Tuesday 10 July, the fourth community listing vote will close at UTC 17.00. Please ensure that you have cast your votes on nectar.community before that time to help decide which new tokens should be added to the platform. All unused voting tokens will disappear when voting closes. If you are holding your EVT on Ethfinex there is always a possibility of experiencing withdrawal delays, so please leave plenty of time to withdraw your tokens and vote before the end of the period.

Also, note that the market on Ethfinex for EVT will close at UTC 14.00, exactly three hours prior to the close of the community token vote. Please take this into account and adjust your EVT trading strategy accordingly.

By continuing onto the site you acknowledge that you have read and understood the closing times listed above in relation to both the EVT market and community vote.

Important notice for token listing vote and EVT market June 25, 2018

On Tuesday 26 June, the third community listing vote will close at UTC 16.45. Please ensure that you have cast your votes on https://nectar.community/#/listings before that time to help decide which new tokens should be added to the platform. All unused voting tokens will disappear when voting closes. If you are holding your EVT on Ethfinex there is always a possibility of experiencing withdrawal delays, so please leave plenty of time to withdraw your tokens and vote before the end of the period.

Also, note that the market on Ethfinex for EVT will close at UTC 13.45, exactly three hours prior to the close of the community token vote. Please take this into account and adjust your EVT trading strategy accordingly.

By continuing onto the site you acknowledge that you have read and understood the closing times listed above in relation to both the EVT market and community vote.

ETH Contributions and NEC Issuance June 14, 2018

Yesterday we completed the latest deposit of 1037.6 ETH to the Nectar token contract, pledged to holders of NEC. You can find details on the deposit here.

Approximately 1,023,275 NEC tokens were issued to reward market makers active on Ethfinex in the past month. Statistics can now be viewed on Nectar.community.

Important notice for token listing vote and EVT market June 11, 2018

On Tuesday 12th June, the second community listing vote will close at UTC 16.30. Please ensure that you have cast your votes before that time. All unused voting tokens will disappear when voting closes. If you are holding your EVT on Ethfinex there is always a possibility of experiencing withdrawal delays, so please leave plenty of time to withdraw your tokens and vote before the end of the period.

Also, note that the market on Ethfinex for EVT will close at UTC 13.30, exactly three hours prior to the close of the community token vote. Please take this into account and adjust your EVT trading strategy accordingly.

By continuing onto the site you acknowledge that you have read and understood the closing times listed above in relation to both the EVT market and community vote.

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New Tokens Added May 31, 2018

Over the past two weeks, the Nectar community had the opportunity to select which tokens would be the next to be listed on the Ethfinex exchange. Today, we have listed the four tokens with the most votes from our users. Those four tokens are Lympo, BLOCKv, Dadi and UTRUST. Deposits for these tokens are now enabled and trading will go live at 17.00 CET.

Moving forward, you will all have the opportunity to vote on the next batch of tokens to be listed to the exchange every two weeks; this reflects our first steps towards democratising the governance of the Ethfinex platform. Anyone holding Ethfinex Nectar tokens (NEC) receives voting tokens at the start of each vote in direct proportion to the number of NEC they hold. These can be used to vote or traded on the EVT/USD market.

Trading for the next batch of tokens is now live. Please visit Nectar.community to view the ongoing vote.

Voting Tokens (EVTs) Reissued for Second Community Vote May 29, 2018

We are very excited to announce that the first community list vote is now closed. On Thursday (May 31st), Lympo (LYM), Utrust (UTK), BlockV (VEE) and Dadi (DADI) will be added to the exchange.

As such, all unspent Ethfinex Voting Tokens (EVT) from the first round have expired and balances have disappeared.

The second community listing vote, comprising of 12 tokens has now started at https://nectar.community. EVTs will be issued to all NEC holders today, which can be used to vote in the community listing vote or traded on the Ethfinex exchange. Please take note: at the end of the two week period, this new batch of EVTs will also expire and unspent balances will disappear. Trading of EVTs will also stop 2 hours before the voting period ends, to avoid withdrawal delays preventing anyone from voting.

Also, take note that we've launched our referral program and you can begin to earn 24% of trading fees from every that signs up using your unique URL. You can find more info about the referral program on our blog and in our ,FAQ, or head over or to our referral program to get started.

Ethfinex End of First Quarter May 14, 2018

As we finish our first full quarter of operations, Ethfinex today announces:

  • the start of our referral program
  • the third distribution of NEC rewards to market makers on Ethfinex
  • the launch of our new community led token listing process, allowing users of the exchange who hold NEC to receive voting tokens every two weeks to decide which new tokens can be traded. The first vote will begin on the 15th May on the nectar.community site.

We are excited to have reached this first stage in Ethfinex's development, and to now be ready to welcome new users to our community. Sign up as an affiliate from your account section to help spread the word about Ethfinex, and start earning 24% on fees of new members you invite.

Ethfinex has just completed the third Nectar token distribution to traders, with a total of 1,731,965 NEC credited to reward traders during the last 30-day period. If you have already verified your account and registered for the scheme, you will now be able to see new NEC credited to your Ethfinex account.

50% of revenues from this period (14th April - 14th May) were pledged to Nectar token holders, totalling 1,750.1 ETH. The transactions pledging these to the token holders, and forwarding the Ether to a vault contract, can be observed on Etherscan (here and here).

A full report on Ethfinex’s performance over Month 3 will be released over the coming days.

Find out how you can start being rewarded for trading by visiting our our blog or going to your account section and registering for the scheme.

Fee Schedule Adjustment April 19, 2018

Today the fee schedule on Ethfinex was adjusted. This followed a careful review of the current exchange ecosystem, and ensures the platform remains competetive to attract both large and small traders.

The new fees schedule is as follows:

EXECUTED IN THE LAST 30 DAYS (USD EQUIVALENT) MAKER FEES TAKER FEES
$0.00 or more traded 0.100% minus loyalty fee rebate (variable) 0.200%  
$50,000.00 or more traded 0.100% minus loyalty fee rebate (variable) 0.190%  
$1,000,000.00 or more traded 0.100% minus loyalty fee rebate (variable) 0.170%  
$5,000,000.00 or more traded 0.100% minus loyalty fee rebate (variable) 0.160%  
$10,000,000.00 or more traded 0.100% minus loyalty fee rebate (variable) 0.140%  
$20,000,000.00 or more traded 0.075% minus loyalty fee rebate (variable) 0.120%  
$30,000,000.00 or more traded 0.050% minus loyalty fee rebate (variable) 0.100%

 

Maker fees are paid when you add liquidity to our order book by placing a limit order under the ticker price for a buy and above the ticker price for a sell.

Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order of the order book.

Note: If you place a hidden order, you will always pay the taker fee. If you place a limit order that hits a hidden order, you will always pay the maker fee.

Loyalty Fee Rebates

Ethfinex has a Maker Loyalty Program. You can earn Nectar Tokens (NEC) in proportion to the trades you place as a Maker every 30 days. 50% of fees on Ethfinex are assigned to a pool on the Ethereum blockchain for holders of NEC, and therefore by trading as a Maker you earn a stake in the success of Ethfinex. Find out more in our Knowledge Base or go to your account page to join.