Bitfinex Introduces Sub-Account Feature

In response to customer demand, we're pleased to announce the launch of a sub-account feature, which will allow multiple trading accounts to be set up within a single organization and provide control access on an account level.

The new sub-account feature offers the following benefits: Bitfinex will use the combined trading volume of all linked accounts, offering a shared volume with fee discounts across all accounts based on the cumulative fee tier. For additional information on our fee tiers, visit our fee page. The feature will provide users with the capacity to experiment with various trading strategies at the same time. This will enable traders to track their strategies more accurately. If a user's account is verified, the customer can decide which sub-account to share verification data, enabling the chosen account to benefit from all the advantages of verification status. Alternatively, each sub-account can be verified individually. A user taking advantage of this service will be able to transfer cryptocurrency funds between the master account into the wallet of a chosen sub-account.

When a sub-account is created it will be linked to a user's primary account, which will become the customer's master account. A master account has exclusive authority to set up sub-accounts (with a cap of 100 different accounts). A master account has the capacity to perform a variety of functions, including: Switch access to view and make changes to the various sub-accounts (a user's sub-account email has to be verified first in order to perform this function). Set security restrictions on sub-accounts. Set the desired verification status on each sub-account.

For additional information on the sub-account feature, please visit our knowledge base.We invite you to share your feedback on the new sub-account feature with us here: https://cs.bitfinex.com