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Abuja
4 Level
162 Review
828.75 Karma

Review on Bitfinex by Joseph Bello

Revainrating 3 out of 5

The Bitfinex Exchange Platform Tends To Offer One Of The Best Liquidity

The Bitfinex is an exchange platform that aims at providing the best if services to its users. It is an exchange platform that presently accepts both fiats and cryptocurrencies. I got invited to the exchange platform by a friend who assured me of the platform giving out affiliate rewards (of which I confirmed and found out its true actually). He made me assured that signing up to their platform would not be a regretful experience. Out of the eagerness to enjoy affiliate rewards and explore more, I got my account set up and started using their services. The exchange platform tends to have a bit confusing interface which with time would get you accustomed to it. At first, I didn't really liked the interface but with the space of time, I got used to it and enjoyed it. The interface is beautifully designed actually but some icons looks confusing. Just as I've said earlier, the exchange platform allows trading with cryptocurrencies and fiats, stable coins like the USDT are also accepted. I guess this was among the reasons I signed up as I love exchanges that allows fiats. Their cryptocurrencies allowance range is much actually and they have the popular Cryptos
As for their trading services, it can be rated top notched and of the latest technology. They tend to offer traders one of the most liquidity in the blockchain network. This alone would keep traders like me in their platform. As for their trading fee, they charge makers and takers differently. Makers gets a charge of 0.1% while takers 0.2%. Their fees here looks moderate to me. Their security system also looks appropriate to me but the problem here is the past records of hacks they've kept. This record tends to kind of scare me but nevertheless, I don't think the past records should affect its present performance



Pros
  • The exchange platform offers traders one of the best liquidity
  • Accepts a wide range of cryptocurrencies and fiats, with stable coins included
  • Their customer support responds quite alright
  • Offer users affiliate bonuses, which I'm yet to enjoy
  • Their trading fee is fair, not too expensive and can't be considered cheap
  • Beautifully designed interface, although a bit tricky
Cons
  • They have suffered past hacks which might dent their image
  • Their interface looks confusing sometimes
  • Their deposit methods are tedious

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