Bitfinex Derivatives Moves to El Salvador

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Bitfinex Derivatives has decided to move its operations to El Salvador after being awarded a new Digital Asset Service Provider (DASP) license in the country this week.

The platform’s derivatives services will now be offered through Bitfinex Derivatives El Salvador S.A. de C.V. and users who wish to continue using these services will need to agree to updated terms of service, as announced by the exchange on Monday.

“We are excited to relocate Bitfinex Derivatives to El Salvador, a country at the forefront of building a strong digital economy. This move aligns with our goal of providing innovative trading solutions, particularly in underserved regions in Latin America,” said Bitfinex on X.

This move marks a change in strategy for the company, as its derivatives division was previously based in the Seychelles. This relocation comes after Bitfinex was granted a second DASP license in January 2025, following the first license granted to Bitfinex Securities in April 2023.

Bitfinex CTO Paolo Ardoino noted that the Bitfinex Securities license allows the company to facilitate the issuance and trading of assets, backed by defined rights and obligations, under El Salvador’s new digital asset regulatory framework.