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Bakingham
1 Level
108 Review
2 Karma

Review on Bitfinex by Olivia Jones

Revainrating 4 out of 5

an exchange with long history in crypto field

Bitfinex is the most popular exchange for new traders, as well as one of the finest in terms of transaction volume. Bitfinex supports both fiat-to-crypto and crypto-to-crypto exchanges. Margin trading, limit and stop orders, and OTC trading are some of the other features.

Dashboards and menus make it simple to navigate the platform. Furthermore, despite its strong security measures, Bitfinex was attacked twice in 2015 and 2016. The day after the assaults, things became a lot better, and we were able to make up for lost cash.

This exchange has been operating for many years and this high history is one of its good points



Pros
  • A diverse variety of services, trading pairs, and order types are available. Transaction and withdrawal costs are low.
  • Simple to use
  • Long history
Cons
  • Only for expert traders Several high-profile people have been hacked. Verifying an account takes a lengthy time.

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