Review on Bitfinex by francis fernandez
Bitfinex
Bitfinex is promoted within the crypto market as one of the exchange platforms that offers its users cutting-edge financial instruments, with cutting-edge technology and comfortable support. His vision is to become the best crypto trading experience available to everyone.
Its origins date back to 2012 and since its foundation it has always been in constant technological and financial growth within the world of crypto assets; offering traders and liquidity providers a formidable platform to conduct their trades.
Its security policies offer its users confidence about the protection of their crypto assets, through authoring tools and constant improvements to their blockchain infrastructure. Among the security functions to protect the user's account, Bitfinex has a system of: two-factor authentication, advanced API key permissions and Universal 2nd Factor. Each of these explained in detail on their website.
Other security options it offers are:
-Protection of withdrawals: The system monitors unusual withdrawals using an IP address.
-Email encryption with OpenPGP: This type of protection adds an additional layer in terms of data protection.
-Advanced verification tools: It comprises a series of measures, such as: login email notifications, changes in the IP address are detected, there is a session start limit according to the IP address.
All this protocol of security measures gives Bitfinex an acceptable level of trust for its users and an important position in the scale of the cryptographic platforms on the market.
Pros
- Your users have access to up-to-date trading features, such as Peer to Peer (P2P) financing.
- It offers graphing tools that facilitate users' decision-making in the management of their operations and funds.
- Its advanced blockchain technology has earned the trust of merchants and official entities.
Cons
- Not all your security measures are exposed to your users, therefore they may not have auditable access to this profile
