1 Level
17 Review
33 Karma
Review on Bitfinex by Wrron Namm
Bitfinex is a full-featured popular spot trading platform for the majorβ¦
Bitfinex is a full-featured popular spot trading platform for the major cryptocurrencies.
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Pros
- One of the most popular exchanges. Major markets are liquid. No withdrawal limits on cryptocurrencies. Supports margin trading with up to 3.33x leverage. Ability to earn Nectar participating in Ethfinex market maker program.
Cons
- Status of solvency of the exchange is unknown. Avoid holding significant balances on Bitfinex. Bitfinex is closely related to Tether. Tether may not be backed 1:1 with USD. Avoid Tether.
