Bitfinex adds Portuguese language to cover population of 258 million

Rick Steves

Bitfinex supports seven languages, including English, Russian, Spanish, traditional and simplified Chinese, Turkish, and now Portuguese as it further illustrates its ongoing commitment to localizing its platform. 

Bitfinex has made the Portuguese language available on its digital token trading platform as it grows its base of Portuguese speaking customers and aims to provide greater accessibility to this public.

Bitfinex offers access to “highly liquid” digital asset trading with margin funding.

Bitfinex available in English, Russian, Spanish, Chinese, Turkish, and Portuguese

The cryptocurrency exchange has added a Portuguese version of its educational content to offer the same level of opportunity among Bitfinex clients to better understand digital tokens and blockchain.

The trading platform is now also available for Portuguese-speaking customers who prefer to trade in their native language. The Bitfinex customer support team has now also expanded to include a Portuguese service.

Claudia Lagorio, Chief Operating Officer at Bitfinex, said: “We’re delighted to launch a Portuguese language version of our service which will enhance the user experience for the millions of native Portuguese speakers across the globe. With over 250 million people speaking Portuguese around the world, it is not surprising that we’re seeing a growing number of customers from the Portuguese speaking world on our platform. We feel confident that Portuguese speakers will appreciate using our state-of-the-art trading tools in their native language.”

Launching the Portuguese language service is expected to be widely welcomed by the 258 million Portuguese speakers across the globe, with Brazil accounting for the majority of this population. The country is the fifth in the world in terms of number of cryptocurrency owners, according to tripleA, a specialist blockchain data service.

The Brazilian population has a median age of 32, according to data from Worldometer, and most digital asset investors are milennials and GenZ.

Bitfinex supports seven languages, including English, Russian, Spanish, traditional and simplified Chinese, Turkish, and now Portuguese as it further illustrates its ongoing commitment to localizing its platform.

Bitfinex has recently launched a Financial Information eXchange (FIX) gateway amid a surge in demand for high-speed connectivity among the exchange’s growing user base.

The message routing service using the FIX protocol will be adopted by the cryptocurrency exchange to enable institutional customers to use their existing FIX infrastructure in order to connect to the Bitfinex platform.

The introduction of FIX will prevent bottlenecks on the platform, particularly during episodes of high levels of volatility, thereby enhancing overall levels of latency and performance on the platform.

Read this next

Retail FX

AvaTrade seals sponsorship deal with F1’s Aston Martin team

Dublin-based forex broker AvaTrade today announced that it has concluded a sponsorship deal with Formula One’s Aston Martin Cognizant team that entails sponsorship rights and other marketing benefits.

Executive Moves

M4Markets onboards Invaxa CEO Marios Antoniou as COO

Seychelles-regulated brokerage firm M4Markets has appointed Marios Antoniou, who has a colorful career within the foreign exchange industry, in the capacity of its Chief Operations Officer.

Digital Assets

GK8 now allows clients to control their digital assets as they would their fiat

“As the institutional market is increasingly turning to self custody, our policy engine empowers them to automate transactions, approvals, and even crucial workflows, while providing the highest degree of security, consistency, governance and control.”

Digital Assets

Retail CBDCs in the UK: “Welcomed” by CryptoUK and R3, but “Dystopian” for ETC Group

“At this stage, we judge it likely that the digital pound will be needed in the future. It is too early to decide whether to introduce the digital pound, but we are convinced preparatory work is justified”, said the BoE and HM Treasury.

Institutional FX

Centroid taps Iress API to provide retail brokers with real-time market data

“It has always been a challenge to have an efficient, elegant solution for market data and order execution for retail brokers, but with Iress we have found absolutely the right partner to add to our client offering.”

Digital Assets

Ramp launches FCA-approved off-ramp product, onboards Brave, Trust Wallet, Ledger

“To obtain and maintain our FCA registration, we must meet and operate within their strict anti-money laundering and counter-terrorist financing standards. This is a huge achievement for us, as compliance is a cornerstone of our business and what we stand for.”

Institutional FX

State Street launches FIX API for Fund Connect ETF platform

“Expanding from proprietary APIs to the FIX industry standard will bring us closer to our goal of 100% digital interactions. This is another example of innovations we’ve brought to our operating model as we celebrate 30 years of servicing ETFs since the launch of SPY.”

Industry News

HollyWally opens office in Portugal to bring B2B2C wallet-as-a-service platform to Europe

“We looked at a number of centers for startups throughout Europe and were attracted straight away to Lisbon. There is great Government support and enthusiasm for startups, it’s well positioned between our Asian and US offices, it’s a cost-effective city in which to base a fintech and it’s a beautiful place.”

Retail FX

Eightcap integrates Acuity’s economic calendar for trade ideas on MT4 or MT5

“By incorporating Acuity’s cutting-edge AI technology into our platform, we are able to offer our clients a powerful new tool that will help them stay ahead of the markets. We are committed to providing an extensive range of tools and educational resources that will enhance our clients’ trading experience and allow them to trade smarter.”