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BitFex Review

13

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Poor

Revainrating 2 out of 5  
Rating 
2.0
Crypto Exchanges

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Reviews

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Type of review

Revainrating 2 out of 5

My review about BitFex

Hello to everyone. I will write to you today about BitFex. BitFex is a crypto exchange created a few years ago. This exchange describes itself as the first to be established on the wishes of traders. I cannot say how true this is, but I could not find any evidence to prove it. The customer satisfaction of the exchange, which does not have many customers, is also below average. I think the main reason for this is the difficulties in using the exchange, because the trading system in the stock…

Pros
  • Great attention is paid to the protection of anonymity
Cons
  • Very few users, customer satisfaction is below average
  • There are great difficulties in using the exchange
  • The website does not have a mobile view, so the design is very poor.

Revainrating 2 out of 5

My review today is about an exchange card BitFex

My review today is about an exchange called the BitFex Exchange which comes in a more amazing and advanced environment that make digitalised money exchanging very easy and simple. This exchange trade do not even have all of the earmark of been all over created to the users, the project UI maintain the offputting and the repetitive. talking about the Albeit exchange which is cost of 0.1% for taker and 0.05% for the creator is not that expensive, the trading exchange volume is not that

Pros
  • the project do not even work well again.
Cons
  • They should check this exchange very well.

BitFex is a new digital platform that makes cryptocurrency trading easier. The exchange does not appear to be well-developed to me, since the UI remains offputting and monotonous. Although the trading cost of 0.1 percent for takers and 0.05 percent for makers is not expensive, the exchange's trading volume is not very large, and hence the liquidity is not particularly deep. On the exchange, there was a live chat function that wasn't only for traders and developers to talk to each other, but it…

Pros
  • The exchange has a low trading fee
  • There's no need for KYC here
  • Few fiat currency are accepted here
Cons
  • The interface isn't appealing
  • Low Liquidity and trading volume

Revainrating 2 out of 5

I wouldn't recommend BitFex Exchange to anyone

There isn't much information available regarding BitFex Exchange. It is recognized, however, that the exchange cones from Russia since it exclusively offers the RUB and USD currency trading pairings. The year of this exchange's inception is unknown, although it appears to be a new one. The trading interface on the exchange is ugly and plain, not truly terrible. The risk of trading here is that there is no one to notify in the event of a breach or scam because there is no information about the…

Pros
  • The company doesn't have any positive aspect worthy of mention
Cons
  • The exchange doesn't provide enough information about its founders
  • The trading volume is unknown
  • The exchange is inactive and no longer useful

Revainrating 1 out of 5

The Exchange developers are not experienced

Any trader who has an eye and sense for good display,perfection and excellence would agree with me on the fact that the exchange has a very dull and unattractive trade interface for any trader. The developers of this exchange didn't take their time to get a perfect job done on the trade interface. The exchange interface was so disorganized that any trader who beholds the page at first will totally get uncomfortable and irritated with the trade interface on BitFex exchange. The exchange…

Pros
  • I'm not impressed with any of the exchange features
Cons
  • Poor and low quality designs
  • Lacks good contents
  • The exchange site is not organized

Revainrating 2 out of 5

BitFex

Bitfex is an exchange plaftorm that was established in 2018,the BitFex dot trade is for BitFex,it deals with exchange in USD and RUB. It is an exchange characterized with a very poor and unattractive interface which makes trading unfit for both beginners and experts. BitFex has a low trading volume,no liquidity in market, it's customer service are relatively poor, as they are mainly Russians on this platform,tweets and messages from the social Media pages are always been replied by only the…

Pros
  • No positive comments
Cons
  • Poor service delivery
  • Poor support for customers

Revainrating 3 out of 5

BitFex Exchange might not be convenient for every trader

BitFex is a digitalized platform that facilitates the easy trading of cryptocurrencies. The exchange doesn't seems well developed to me, as the interface still looks unattractive and dull. Though trading fee of 0.1% for takers and 0.05% for makers is very considerable, the trading volume of the exchange is not very high hence, the liquidity on the exchange is not deep enough. There was a live chat feature on rhe exchange, this wasn't only for traders and the developers to chat but it was more…

Pros
  • There are multiple fiat currencies supported on this exchange
  • The exchange seems to be founded by a team of Russian developers
  • The user interface though unattractive, is easy to use
Cons
  • The poor customer support made me stay off the exchange for a while
  • Only cryptos are traded on this exchange, leading to lower liquidity

Revainrating 3 out of 5

My Review On BitFex

TThe BitFex is an exchange platform that I found quite interesting, not really due to the type of services they offer but for some other reasons which I would be discussing explicitly in this review. It is an exchange platform that was founded in Russia and has ever since operated from that country. The country don't seem to be that popular with cryptocurrencies, thereby, making the BitFex one of the first exchange platforms from Russia. First, I would be talking about their user interface…

Pros
  • The exchange platform charges a competitive fee
  • The fact that they make it possible for one to open an account without much information of the person interests some traders as it displays how anonymous they are
Cons
  • Their user interface is nothing to write home about
  • The exchange platform suffers low liquidity

Revainrating 1 out of 5

The liquidity is not deep

This is a Russian exchange that also have a little about itself nor the developers.Bitfex exchange only support the fiat trading pairs of RUB and USD. The exchange has so limited information about itself to the extent, that even the date of establishment is unknown. The trading background is so poor that about 18 of it potential users complained on the telegram group that it is so unattractive that they are feeling discouraged to trade on this exchange. This exchange is very risky to trade…

Pros
  • None, because I wasn't opportuned to use it
Cons
  • The poor trading interface is too much causing inconvenience for traders
  • Few members on telegram yet they are not active members
  • Very risky to trade on due to the fact that no guides or support when needed

Revainrating 1 out of 5

Bitfex exchange!!

Bitfex exchange was founded in Russia but the date of establishment is not recognised. Bitfex exchange supports just the USD fiat and RUB trading pairs. The trading interface of this exchange is something very discouraging. It has a plain and an unmarketable interface. The exchange is very poor and underdeveloped to the extent that common the customer support team information are not known, therefore this exchange is very risky to trade on. The trading pairs assets only just about 4-5 are…

Pros
  • Nothing good to write on this exchange
Cons
  • The exchange can't be trusted due to the fact that it even has it list to be untracked
  • The exchange trading interface is unmarketable
  • No sufficient information about itself

Revainrating 1 out of 5

Bitfex review;

This Exchange got my attention as it was listed on revain. On research of the exchange and after some usage of the platform, I come up with a lot of experience and thoughts about the exchange The exchange is a Russian Exchange, 2018. At first sight of the homepage, the exchange didn't look attractive and a turn off. A whole other book, a live chats and so many more on a single page. Though navigation is very easy, but it doesn't look pleasant to see. It has listed a lot of coins and USD and…

Pros
  • They have a very little trading fees of 0.1%
  • There is nothing good to point out on this Exchange
Cons
  • A lot of red flags, they are tagged untracked by the coinmarket cap
  • The user interface is so disorganized and requires a large screen desktop for easy navigation and better experience.

Revainrating 2 out of 5

I wouldn't recommend this exchange for any trader

Bitfex Exchange is a centralised exchange which was founded in 2018. The exchange comes in USD and RUB fiat currencies. Currently, if your search for BitFex Exchange on Google, there are currently two BitFex dot com and BitFex dot trade. The real one is BitFex dot trade. The exchange comes with a very poor, plain and unattractive interface which makes trading unfit for experts. According to information on CoinMarketCap, the exchange has been marked as an Untracked Listing. The exchange also has

Pros
  • I did not enjoy the services of the exchange, so there's nothing positive to write
Cons
  • The user interface is poor and unimpressive
  • This exchange has poor customer support
  • This exchange has been marked as Untracked Listing on CoinMarketCap

Revainrating 2 out of 5

BitFex Exchange

There is no much information about BitFex Exchange. However, it is known that the exchange cones from Russia as it supports only the RUB abd USD fiat trading pairs. The year of the launch of this exchange is not known but the exchange looks like a recently launched one. The exchange has a poor trading interface, not really poor but actually unattractive and plain. The risk of trading here lies in the fact that there's no one to contact in the case of hack or scam since there's no information…

Pros
  • None
Cons
  • This exchange had no information about itself
  • The interface is plain and unattractive
  • The exchange has been marked as Untracked Listing on CoinMarketCap