I was looking into opening a Bitfinex account and ran across the fact that you need to deposit$10k to start, is that correct or is that just for fiat transfers or some such thing? Sounds nuts to start with that much on an exchange that will probably tank when the Tether train crashes and burns. Also IIRC all it's fiat portals have been shutdown by the Fed (correct me if I'm misremembering).
I logged in to check, and didn't see that. Only that any crypto deposit valued less than $1000 will be charged a small fee, while larger deposits are free to make. USD or Euro deposits require verification to even look at terms, so I can't help you there.