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Bitfinex Review

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Followers 14

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Very good

Revainrating 4 out of 5  
Rating 
4.2
Crypto Exchanges

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Description of Bitfinex

What Is Bitfinex? Bitfinex is one of the oldest cryptocurrency exchanges, founded in 2012 and operated by the Hong Kong-based company iFinex Inc. Tether (USDT), the largest stablecoin by market cap, is also owned by iFinex Inc. The centralized exchange (CEX) platform was designed for professional traders and institutions, with support for both fiat and crypto. The exchange is considered one of the most liquid for BTC pairs and other major altcoins like ETH and XMR. To protect user assets, the platform offers both two-factor authentication and IP address monitoring. The exchange focuses on professional traders and investors with experience, offering platform users the ability to engage in margin lending, margin funding, paired trading, over-the-counter (OTC) trading and more. Besides spot and margin trading, Bitfinex also offers various other products, such as: Bitfinex Borrow, Bitfinex Pay, Bitfinex Pulse, Affiliate Program, API and its native utility token — UNUS SED LEO, amongst others. Who Are the Bitfinex Founders? Bitfinex was co-founded in 2012 by Raphael Nicolle and Giancarlo Devasini. Nicolle started his career as an IT technician and worked as a system administrator at Gutenberg Networks. Afterwards, he focused on the Bitcoin ecosystem and started developing Bitfinex based on the Bitcoinica trading platform code. Devasini is the serving CFO. He graduated from Milan University as a Doctor of Medicine but developed a passion for technology and entered the computer hardware business. He founded Point-G Srl and then Solo SpA. In 2012, Devasini met Raphael Nicolle and joined Bitfinex, running its trading and risk management operations. Where Is Bitfinex Located? The company is registered in the British Virgin Islands and based in Hong Kong. Bitfinex Restricted Countries Bitfinex restricts access to Iran, North Korea, Cuba, Syria, Crimea, Donetsk People's Republic and the self-proclaimed Luhansk People's Republic. U.S. citizens, citizens or residents of Canada, the British Virgin Islands, the Government of Venezuela and residents of Austria or Italy are also prohibited from accessing the exchange. What Coins Are Supported on Bitfinex? Bitfinex supports a wide array of trading pairs and 270+ cryptocurrencies, among them: BTC, ETH, USDT, SOL, LTC, XRP, EOS and many other options. How Much Are Bitfinex Fees? For crypto to crypto/stablecoins/fiat, maker fees are 0.10% while taker fees are 0.20%. For crypto derivatives, maker fees are 0.020% while taker fees are 0.065%. Users can hold UNUS SED LEO tokens to receive 15% - 25% discount on their trading fees. Deposit fees are free from crypto, stablecoin and securities, while wire transfer fees are 0.10%. Withdrawal fees are dependent on the cryptocurrency. Is It Possible To Use Leverage or Margin Trading on Bitfinex? On the platform, qualified users (basic plus verification level and above) have the option to trade up to 10X leverage, receiving funds through its peer-to-peer (P2P) margin funding platform.
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Reviews

Global ratings 266
  • 5
    142
  • 4
    91
  • 3
    25
  • 2
    3
  • 1
    5

Type of review

Revainrating 4 out of 5

"Bitfinex: Where Crypto Meets the Circus - Fun, But Watch Your Step!"

Bitfinex, a prominent cryptocurrency exchange, has undoubtedly left an indelible mark on the crypto landscape. In this personal review, I'd like to explore how Bitfinex influences the younger generation, paving the way for their involvement in the crypto space. User-Friendly Interface: Bitfinex's user-friendly interface is akin to a welcoming door for the younger generation. It's like providing a smooth entry point to the world of crypto. The intuitive design makes it less intimidating for n

Pros
  • Wide Range of Supported Cryptocurrencies: The exchange supports a diverse selection of cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as numerous altcoins and tokens, allowing for portfolio diversification.
Cons
  • Deep Liquidity: Bitfinex is known for its deep liquidity and extensive order books, making it an attractive platform for professional traders and institutions.

Revainrating 4 out of 5

A change that made more than I expected.

Bitfinex is one of the most sought-after crypto exchanges in the world, located in Hong Kong 10 years ago and registered in English and has been at the forefront of the platform ever since. stereotypes and procedures. It is possible to select and trade a large number of currency units on this platform. This page is simply designed and can be used by anyone. Bitcoin began as a peer and has since expanded to offer digital intensive trading offers to all its users. This is a platform where you can

Pros
  • Low commissions.
  • Fiat help.
  • It takes a bit of extended security to make a profit.
  • For example, there are many of them, and in fact it is not easy to say.
Cons
  • To work properly, you need a very strong online.

Revainrating 4 out of 5

About Bitfinex

Bitfinex has been around for a very long time; It was established in October 2012. Asian origin Bitfinex continues to serve in Hong Kong. Bitfinex is a fiat-crypto type of exchange. You can buy and sell cryptocurrencies in Dollars, Euros, Yen and Sterling on the Bitfinex exchange. Of course, you can trade on both cryptocurrencies. Bitfinex exchange supports direct deposit and withdrawal orders from your bank. Bitfinex has listed more than a hundred cryptocurrencies. In addition to major…

Pros
  • Advanced trading features and order types
  • Low trading and withdrawal fees
  • Accepts bank transfer deposits and withdrawals
  • Mobile app supported
Cons
  • US citizens not accepted
  • Long time for account verification
  • Support team available only via email

Revainrating 2 out of 5

BİTFİNEX

site that should not be used. twitter, reddit is full of complaints from those who give cryptocurrency withdrawal instructions from here but cannot. You give the pull instruction, you start to wait. By the way, you are checking your bitfinex account and still says "processing" for the process. my bitcoin withdrawal instruction has passed 20 hours still it says processing. If I can transfer it to btctürk, I will withdraw my money and relax. There are those who say they wait 24 hours, 50…

Pros
  • They print a tether for nothing
Cons
  • sunk will sink.
  • They said that they would respond to the allegations about him and still have not made any explanation.
  • Does not want passport, ID etc.
  • The stock market that should be avoided from the margin trading part!

Revainrating 4 out of 5

Bitfinex is the all together best crypto trade.

Bitfinex is a totally amazing trade, upheld by an incredibly skilled tech group that resolves any issue rapidly, behaving like oil on a machine to keep things going easily, and what a machine it is.  The actual stage is an incredible motor, simple to utilize yet with enough profundity to fulfill the needs of each broker. The confirmation interaction has advanced after some time, yet it actually requires refining. Frankly, it is a long way from ideal and has far to go.…

Pros
  • Generally, an astounding stage.
  • Liquidity is impressive.
  • Exceptionally responsive client care.
Cons
  • Convoluted KYC.

Revainrating 5 out of 5

Bitfinex analysis by main criteria and reviews.

The Bitfinex exchange is a platform for trading cryptocurrencies and tokens, with which you can trade with Bitcoin, Ethereum, Litecoin and dozens of other assets. Pairs of cryptocurrencies and pairs with world currencies are , including , , , JPY and more. This company has its own trading terminal with a very convenient mobile application for margin trading. The terminal is characterized by a number of unique features, including scalable orders that a trader can easily customize to suit their…

Pros
  • Good
Cons
  • No problems

Revainrating 1 out of 5

They scammed me for $350000. Stay away

They scammed me for $350000. I deposited tokens, exchanged to BTC and tried to withdraw. They didn't process my withdrawal. They say they process withdrawals in 12 hours, so I contacted their support next day after my withdrawal was requested. Now it's 2 weeks since I contacted their support, they still didn't respond to me about the withdrawal. They don't want to even talk about it. Their standard response is "As we replied to you before, your case is being handled by our compliance department

Pros
  • None
Cons
  • Scam

Revainrating 5 out of 5

Bitfinex is the new digital home for carrying out exchange.

Bitfinex is a world class trading platform that got you covered when it comes to making exchange between different varieties of cryptocurrency on the coinbase platform and others. This is a major concern to investors as to how the fees are charged per head of every transaction that is performed. however,the Bitfinex REST and Websocket APIs are designed to facilitate access to all features many more on the Bitfinex platform, allowing full integration with investors own products and platforms.The

Pros
  • It is transparent in providing quality service.
  • Active security.
  • Customized interface.
  • Varieties of order types within the platform.
  • Margin trading and funding are available.
Cons
  • There's none for this review.

Revainrating 5 out of 5

Good spot to trade

If I am choosing the exchange to use I want some which keeps their promises, have quick and nice customer center, have a high volume (not to be stucked) never been hacked and last but not least is user friendly. It is always good to check how famous and popular the exchange is. There are not so many exchanges that is why the Bitfinex deserves attention because it fits to all of the above perfectly. From my personal experience I have been always treated well. The have enough features which you…

Pros
  • never has been hacked
  • high volume adn good user base
  • enough tokens for trading
  • fiat gateway
  • user friendly
Cons
  • CeFi

Revainrating 5 out of 5

Let's Take A Look At Bitfinex

Bitfinex is one of the first exchanges I signed up for and I have to say that I am very happy to use it as I have not had any problems so far. First of all, it has an easy and adjustable interface. Even if it looks a bit complicated at first, it provides a comfortable use after learning. I can edit some parameters for myself. The other point that makes me choose it is that it has a support team that should be really appreciated. They act very quickly and efficiently in finding solutions to the

Pros
  • support team to assist users quickly
  • The customization of the interface makes it easy to use
  • have an understanding that can adapt to developments
Cons
  • I did not see any problem

Revainrating 5 out of 5

BitFinex

Bitfinex stands out as one of the most common crypto currency exchanges today. It would not be wrong to say that it is among the best exchanges in terms of its daily trading volume. Generally, the segment it addresses is medium and advanced investors. If we need to list the most basic features of Bitfinex, it would be right to put the functional interface it offers to its users in the first place. The usefulness of this interface, which allows users to search comfortably, is truly dazzling…

Pros
  • Easy to use
  • Usability
  • low risk
Cons
  • Coin variety less

Revainrating 5 out of 5

Bitfinex is good cryptocurrency exchange

I had no problems with this exchange - and the input and withdrawal of funds works fine. TradingView charts allow you to conveniently work, conduct market analysis, use indicators, graphic elements, this is a great tool for me. But anyway disadvantages here are significant...

Pros
  • The presence of advanced functionality, comfortable trading, a variety of deposit and withdrawal options
  • Traders have access to a wide selection of types of orders that make the work much more productive (limit, market, stop order, One cancels other, Fill or kill).
  • Another benefit for me is that platform supports Russian, the material translated into Russian is of high quality, allows you to fully trade on the site of Russian-speaking traders
Cons
  • Complexity of the verification procedure
  • High fees for replenishment and withdrawal of funds in dollars
  • The presence of hacker attacks on the resource in the past

Revainrating 4 out of 5

Bitfinex is a digital asset trading platform with unique services.

Hi crypto community i would be talking today about Bitfinex which is a trading platform which has a lot of services it offers to its users like advanced trading platform,margin trading and funding,staking and lending services. In addition users can get easy access to advanced API access and charting functionality.also users have access to more than 50 cryptocurrency and bitfinex accepts fiat deposits in EUR,JPY,GBP and USD.Bitfinex is a digital asset trade platform offering unique and…

Pros
  • Bitfinex offers lending and staking services to its users
  • Bitfinex safeguards customers accounts through its 2FA.
  • Bitfinex users can easily make use of the site P2P system
Cons
  • In 2015 Bitfinex was hacked and1500 bitcoins were stolen
  • Bitfinex lost access of their customers fund worth $850 million

Bitfinex is the longest-running and most liquid major cryptocurrency exchange. Founded in 2012, it has become the go-to platform for traders Bitfinex has tight security measures in place to save client funds,The platform also uses email encryption to monitor withdrawals by IP, for logins and withdrawals. Bitfinex offers order books with top tier liquidity, allowing users to easily exchange Bitcoin, Ripple, NEO and many However, if you're new to cryptocurrency and looking to get your first…

Pros
  • It offers the best exchanging system in the world. It has a strong secured system. It has a large record of beneficial.
Cons
  • nothing.

Revainrating 3 out of 5

Bitfinex a reliable platform that allow you earn money.

.Bitfinex is one of the top 5 crypto exchangers worldwide and it is most used by professional traders by institutions. the reason is that the platform from it is real performance and so you can execute trade at basic time and even as you can use bitfinex because the technicality of the platform is very well done than other exchange. you have a lot of liquidity in bitfinex it is actually the most a encypted platform. if you want to buy or sell huge amount of Bitcoin or any other…

Pros
  • This platform offer great interface for users
  • It a save and secure
  • It is a legit platform for crypto exchange
  • It has no hidden fees for any transaction
Cons
  • None

Revainrating 4 out of 5

My review about the project Bitfinex!!!

In various ratings, the exchange is not even included in the TOP10 in terms of daily trading turnover, but it cannot be called an outsider. This is a fairly old marketplace, in the past it has experienced hacker attacks, but it has not closed, but continues to work. Bitfinex has features that set it apart from its competitors. It is one of the oldest cryptocurrency exchanges, founded in 2012. It is one of the few that supports margin trading in crypto, with the platform users themselves acting

Pros
  • support of the mass of trading assets fiat currency support
  • work with leverage and lending to other users
  • fast trading terminal, freezes happen, but very rarely
  • own LEO token, it has already allowed you to earn 60-70% of investments at the start
Cons
  • The disadvantages include commissions, they could be lower. Commissions for "small deposit" are also not encouraging. Verification also greatly reduces the convenience of working with the exchange, and it can take more than a week, the period depends on the workload of technical support.

productlBitfinex exchange came into existence in 2012, and till date it is still very okay. Wow👏😘 .. Nowadays, hardly you see ancient or old trading platform still available, it would have gone off in the recent years or better still will not work as efficient as it use to. But for the case of bitfinex it is even working better than before instead of malfunctioning. This exchange was the first spot trading platform I knew off, to be as good as possible. Bitfinex registration process ain't…

Pros
  • Highly liquid
  • Easy navigation
  • Affordable fees
  • Trusted
Cons
  • None

Revainrating 4 out of 5

BITFINEX CRYPTOCURRENCY EXCHANGE PLATFORM

Bitfinex competes with inside the cryptocurrency market as one of the alternate structures, providing its customers with the ultra-modern generation of foreign exchange equipment and sufficient support. His vision is to provide anybody with a satisfying cryptocurrency purchase and advertising and marketing and advertising and marketing experience. Since 2012, due to the fact of their establishment, they may be commonly with inside the non-prevent generation and foreign exchange boom of the…

Pros
  • Its superior blockchain era has earned the accept as true with of traders and reliable entities.
  • It gives graphing equipment that facilitate customers' decision-making withinside the control in their operations and funds.
  • Your customers have get right of entry to to updated buying and selling features, which include Peer to Peer (P2P) financing.
Cons
  • Not all of your safety features are uncovered in your customers, consequently they'll now no longer have auditable get right of entry to to this profile

The world's best trading platform, Bitfinex, is protected by an alternative to the coin-based platform and cryptographic forms. This is the main question for buyers as to how they spend their money for each transaction. There are many digital currencies that can be selected and traded on the same platform. This website is designed to be seamless and can be used on any body. There are many security options to protect the platform from hackers and ensure that everyone’s property is safe with…

Pros
  • Liquidity is very good.
Cons
  • nothing

As of late, high-limit trades, just as high every day exchanging volumes, have entered the cryptographic money showcase and have assumed a significant part in the development of these business sectors as of late, yet Bitfinex trade is now occupied with a large number of these well known trades. It worked (2012) and helped the advancement of these business sectors in the early long stretches of Bitcoin (2009) and litecoin (2011), so I think this trade has perhaps the main jobs contrasted with d

Pros
  • Helpful offices for merchants
  • Basic appearance and natural workmanship for monetary market members
Cons
  • Prospects contract is absurd in bitfinex