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How to notify or transfer Bitfinex when someone has passed away

There are several important steps to follow, depending upon their wishes.


This free guide is provided as an informational resource for the community. Eternal Me automatically handles this process for customers purchasing either the Eternal Plan or the Eternal Executor service.

Our guide on how to notify  Bitfinex about a deceased person.

Steps to notify Bitfinex


  Verify authorization

Before starting, gather the documentation showing your legal authorization to proceed. If in doubt, double check with your estate executor, or trustee. Bitfinex generally requires:

  • No Options Provided - This provider does not yet have a policy or provide any options for deceased users.
  • Credentials Mandatory - Valid credentials, eg. the username, password, MFA code, or private keys, etc. are required, to take any actions on behalf of the deceased.

 

  Identify wishes

Bitfinex is a cryptocurrency exchange based in Hong Kong and Taipei, Taiwan. Identify what the deceased's instructions are, or what they wanted to have happen to this asset when they passed away. This is usually located in their will or living trust documents. Or, if they're using Eternal Me, authorized executors can login and view their instructions.

Bitfinex provides the following options:

  • Bequest - Manually transfer item.
  •    
  • Nothing - No options are provided for deceased accounts.

Digital Executor and Crypto Executor clients also have these options for Bitfinex:


  • Custom

    Attempt custom instructions for managing this item.

  • Liquidate

    Liquidate and transfer the funds to my estate.

 

  Administer Bitfinex

Now that you've verified your authorization and identified the deceased's wishes, do the work to carry out their instructions. Or, if using our Digital or Crypto Executor service, you're all done -- just wait until you hear back from us on the status.

 

  Document activities

It's important to carefully record each interaction, and be able to check on and report the status to heirs and estate executors. This is automatically handled for users of Eternal Me.

 

  Continue to other assets

After handling the notification, move onto other assets. Here's a selection of other digital assets to address.

SiriusXM
Shutterfly
1Password
Shopify
Gmail
Ancestry.com
Poloniex
LinkedIn

 

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