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Review on Bitfinex by Chris Jericho
With Bitfinex, the pros clearly outweigh the cons. Majority of negative…
With Bitfinex, the pros clearly outweigh the cons. Majority of negative comments on social media come from non-traders, ergo, hogwash. With a good track record of constantly improving, Bitfinex is soaring on the top of exchanges already.
Pros
- - Low fees make for a good margin profit - High account/funds security due to things like 2FA/IP Whitelisting - Professional and fast-respoding support staff - Highest liquidity market overall - Easy to use platform with advanced order types and margin trading - FIAT support
Cons
- - Verification process can take longer than expected - 10k USD minimum deposit seems a bit steep given that Ethfinex has 1/10th of that.
