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Review on Bitfinex by Brice Nelson
Give it a try
Overview: The platform is great and it offers all the tools a trader might need, and then some. Huge amount of pairs with the liquidity to match makes trading on it versatile and fast.
Now. Nothing is perfect and Bitfinex comes with its own echoes and the first arises even before you start trading - the verification - for a long time it has been the worst thing about getting into Bitfinex and even though it is worth the trouble, it's still a bit hassle. The second problem is the withdraw witch also comes with extra steps that make it take longer than it should. They do have a great support team that makes going trough those 2 points bearable.
In the end i would still recommend giving it a try. Not perfect but still a great exchange.
Pros
- Huge Amount of Pairs.
- Good Liquidity for pairs offered.
Cons
- Verification process requires times and patience.
- Withdraws should be faster.
