Overall, Bitfinex proves why it's a top exchange on the market. The pros farβ¦
Overall, Bitfinex proves why it's a top exchange on the market. The pros far outweigh the cons, as they have minimal impact on the actual functionality of the platform and are normally burocratic problems. Solid all arround.
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Pros
- Highest liquidity out of all exchanges
- High ammount of trading tokens and pairs
- Very secure following their 2016 hack
- Leveraged margin trading up to 3.33x
- Minimal downtime
- Advanced platform with advanced order types
Cons
- Verification process can take longer than expected
- 10000 USD minimum deposit
- Ocasional withdrawal delays