1 Level
5 Review
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Review on Bitfinex by Basia Marc
Bitfinex trading Platform/Exchange
Bitfinex is world's best cryptocurrency exchange/ trading platform. Bitfinex has lists many cryptocurrency projects in their trading platform. Bitfinex is well known exchange for its liquidity so, traders can trade with the price that they see on the platform at the time without waiting for taker.
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Bitfinex platform has its mobile app for its mobile phone traders. traders can trade quickly within their mobile when they don't have their pc at any time. Bitfinex security is also great but Bitfinex was hacked recently, so no full trust on Bitfinex there.
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Bitfinex is best trading platform but only for advanced or big traders because its interface is bit harder or complicated for new user. and if we consider about fees then for trading fees, its takes an average fees but for withdrawals fees it takes high fees. Bitfinex trading platform accepts Fiat deposits for exchanging to crytocurrencies and trading.
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Pros
- Bitfinex platform is biggest and high liquidity exchange in the world.
- Bitfinex platform is best cryptocurrency exchange for big/advanced traders as its exchange user interface.
- Bitfinex supports many different cryptocurrencies in their trading platform.
- This Platform provides margin trading feature in trading platform.
- Trading fees of Bitfinex patform is average as other trading platform.
- Bitfinex trading platform support Fiat deposits and trading in USD, EUR, GBP, JPY
Cons
- Bitfinex trading platform has difficult interface for new trader or investor.
- Withdrawal fees of bitfinex platform is bit high than that of others.
- The process of fiat deposit in bitfinex is harder and complicated.
