Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
stevec
on 11/10/2014, 05:25:05 UTC
Minimum trade is still 0.1 BTC.... why so high...  Put it back to 0.01.

This happened about a week ago also, but it fixed shortly afterwards.
Seems to be happening again now.

Oddly, it appears that https://api.bitfinex.com/v1/symbols_details reports the minimum order size as 0.001 btc

Yes - I had a response from Raphael a few days ago: "The minimum order is still 0.001 BTC, however we have implemented an antispam rule so that you can not place an order of less than 1/1000th of your avalable balance in a currency/wallet unless it is more than 0.1 unit. The reason was an increasing amount of orderbook spam with thousands of tiny orders".

They did set it back to 0.01 for a while, but now for whatever reason they've rolled the change back again.

/Steve