Review on Bitfinex by Inioluwa Okedeji
Bitfinex: A Standard For Other Exchanges
Bitfinex which is a P2P cryptocurrency exchange platform was launched in 2012. Since its establishment, this platform has developed to be a standard for other cryptocurrency exchanges in the cryptocurrency world.
For newbies with interest and enthusiasm for cryptocurrencies, this platform is the place to start, because it is structured with advanced trading options including spot tradings and a huge amount of digital resources backing it up.
In terms of liquidity, the platform's is undisputable in this aspect and it has been proven over the years.
Coupled with the above, Bitfinex user interface is very friendly and attractive and also simple and easy.
In the aspect of security, this exchange utilitizes lots of security options in making sure that the assets and transactions of users are not under threat and liable to being compromised.
Personally, I value the opportunities available and provided through the use of this exchange especially for novices and the various experience it has garnered over the years in the cryptocurrency world, making it the perfect exchange for cryptocurrency traders and merchants globally.
Pros
- Bitfinex exchange is a P2P platform which has become a standard for other exchanges.
- It has several trading options for users
- It is a safe and secured platform for transactions.
- The platform is provided with an undisputable liquidity assets.
Cons
- The platform is unavailable in the US
- It supports only few fiat currencies.
