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Type of review

Revainrating 4 out of 5

Clear case

While Bitfinex has had some major bumps along the way, they have always managed to come out ahead and sucessfully maintain their business. That is a feat not many can brag about, and is one of the key parts of Bitfinex: Maintaining a healthy trading environment for their traders while also staying ahead of the competition. My personal exchange of choice and i'm loving it.

Pros
  • One of the most known names on the industry
  • Unmatched trading engine
  • Easy to understand GUI
  • Altcoin support is a huge plus
Cons
  • Normally associated with shady business
  • They were already hacked in 2016
  • KYC is still slow compared to competition

Revainrating 3 out of 5

Roll of the dice

Bitfinex is a two-sided coin: While it's clearly a good exchange, it's tailored for the more dedicated traders and veterans, and as a new user you'l feel overwhelmed with so many options that you might just give up on it completely. With a slow KYC and problematic withdrawals, it's highly questionable if you want to use it or not.

Pros
  • Advanced trading UI
  • Margin Trading and Funding
  • Actually supports FIAT
  • Stablecoin support
Cons
  • Withdrawals are still problematic
  • KYC is slow
  • UI can be confusing for new users

Revainrating 4 out of 5

Bitfinex trading Platform/Exchange

Bitfinex is world's best cryptocurrency exchange/ trading platform. Bitfinex has lists many cryptocurrency projects in their trading platform. Bitfinex is well known exchange for its liquidity so, traders can trade with the price that they see on the platform at the time without waiting for taker. Bitfinex platform has its mobile app for its mobile phone traders. traders can trade quickly within their mobile when they don't have their pc at any time. Bitfinex security is also great but…

Pros
  • Bitfinex platform is biggest and high liquidity exchange in the world.
  • Bitfinex platform is best cryptocurrency exchange for big/advanced traders as its exchange user interface.
  • Bitfinex supports many different cryptocurrencies in their trading platform.
  • This Platform provides margin trading feature in trading platform.
  • Trading fees of Bitfinex patform is average as other trading platform.
  • Bitfinex trading platform support Fiat deposits and trading in USD, EUR, GBP, JPY
Cons
  • Bitfinex trading platform has difficult interface for new trader or investor.
  • Withdrawal fees of bitfinex platform is bit high than that of others.
  • The process of fiat deposit in bitfinex is harder and complicated.

Registering in Bitfinex is slower than it should. Too many steps that could be avoided, wile still being safe, to save time. Another time waster is the withdraws, it's a coin toss, it can go without problems and fast or you can encounter a variety of problems along the way and your only solution is to contact the support to get your withdraw to a finish. Now, credit where credit is due, the support team takes at most 24h to respond and is very professional, solving most of the echoes really qui

Pros
  • - Good support team. - Many features made available. - Clean UI with much space to play with.
Cons
  • - Slow registration. - Withdraws with a few delays.

Bitfinex is the big boy on the yard when talking about its market. Huge volume coupled with the most liquid market is any trader's dream. The platform comes full of tools to help out analyse the big amount of data that is available helping make the big decisions with a larger degree of precision. Now it isn't without its flaws. The withdraws can be troublesome encountering problems along the way. Yes the support is fast to resolve those, but you still need time to contact them and that's ext

Pros
  • - Huge Volume. - High liquidity. - Variety of useful tools. - Fast Support.
Cons
  • - Withdraws should be smoother.

Taking heads on the big elephant in the room, the platform offers many tools but they are hard to work with. That being said, it is most rewarding to do so, and once you've learned them you will think "how did i ever got by without this". This is what Bitfinex is, a platform that isn't the easiest to get into but its one you'll never want to leave once you do.

Pros
  • - Highly liquid market. - Very useful tools. - Margin Trading. - Fiat Support.
Cons
  • - Slow registration process. - Not easy to learn.

Bitfinex support is one of the most professional team i've ever met, replying fast and resolving the echo just as quick. In my book that's the main thing an exchange should have, a reliable support. As for the platform in it-self it offers an outstanding amount of tools that would put any other exchange to shame. Though the support is really fast to resolve any echo, the registration process still takes longer than it should, becoming quite time consuming.

Pros
  • - The best support around. - High liquid market. - Advanced tools
Cons
  • - Sometimes met with withdraw problems. - The slow registration process can be annoying.

Revainrating 4 out of 5

A personal favourite

Bitfinex has been my choice of exchange for quite a long time now, and while it's not perfect, it offers me all the tools i personally need to make a profit on the crypto market. Very professional and hardworking, they really show why they sit at the top.

Pros
  • Smooth and easy to use UI
  • Alot of highly advanced assets
  • Support is proactive and professional
  • Liquidity is off the charts
  • Security measures such as 2FA and IP-Whitelisting
Cons
  • Has alot of negativity attached to it
  • Verification is still slow

Revainrating 4 out of 5

Not everyone's cup of tea

Bitfinex has both sides of the coin: On one side you have the professional, customer oriented side, an exchange that excels at pretty much everything that others lack. On the other side, you have the exchange that's constantly in trouble with the law, the withdrawal delays and the accusations. Take it with a grain of salt and make your choice based on the information available.

Pros
  • High pair count
  • Unmatched liquidity
  • Platform is highly functional and advanced
  • FIAT trading
  • Possibility of Margin Trading or Funding
  • One of the most known names in the industry
Cons
  • Sadly, it's also known for alot of bad reasons
  • Has had critical security flaws in the past
  • Target of massive FUD discredits the exchange

If you are a cryptocurrency veteran or you wish to be more serious about the investments in coins, Bitfinex would be a quite good choice for you. With a large number of coins and trade, functions, the platform offers good trade flexibility. The issue remains about the verification requirements and limited deposit options. Beginners would find it hard to navigate through the exchange unless they spend hours on learning about the trade functions Traders have two options when buying and…

Pros
  • Cryptocurrency trade does not require verification
  • Large amount of coins available at OTC desk
  • 21 cryptocurrencies available for trade
  • One of the lowest trade fees in the market
  • Various margin trade functions available with great security.
Cons
  • Geared towards experts, confusing for beginners
  • Fiat deposits/withdrawals require verification
  • Bitfinex was hacked in 2016
  • Limited number of deposit options (bank transfers only)
  • Fiat withdrawals are not available anymore for unverified users

Revainrating 3 out of 5

Middle of the card

Bitfinex is constantly called a top exchange, but i disagree. The cons are far too many for most traders to have any sort of confidence in it. If you can deal with a pretty shady exchange, then by all means, use Bitfinex to trade.

Pros
  • Advanced platform
  • High pair count
  • Decent security measures
  • Supports FIAT
Cons
  • Withdrawals continue to hinder the exchange
  • API works really badly
  • Maintenance comes at the worst times
  • Sometimes it feels like you're trading against bots
  • Verification is STILL slow

Revainrating 4 out of 5

Bitfinex makes the cut

Despite the rocky past, i still enjoy trading in Bitfinex. They are surely on of the exchanges that has been through the most ups and downs, but they also have shown that they are one of the few exchanges that CARE about improving their service.

Pros
  • Fast responding customer support
  • High ammount of pairs/tokens
  • Margin Trading and Funding
  • Decent margin for profit if used correctly
  • Platform has many high-end features
Cons
  • Platform can also be very hard to master due to said features
  • Withdrawal delays
  • API is still bad on IOS
  • Not the best of pasts

Revainrating 5 out of 5

A trader's blessing

Despite all of the shade being thrown at Bitfinex, it keeps reviving stronger than ever like a phoenix. With all of their assets and professionalism, they have proved why they are one of th top exchanges in the world currently.

Pros
  • Insanely good customer support
  • Very fast withdrawals and deposit handling
  • A smooth and easy to use platform
  • API works really well after recent fixes
  • High liquidity and paircount
Cons
  • Verification is still sadly quite slow.

Bitfinex isn't without flaws, but it's one of the top exchanges on the market for sure. For the 1 year that i'm trading here, apart from withdrawals, they have never let me down and have acknowledged my worth as a trader.

Pros
  • The platform is really smooth and works really well on both PC or Mobile. They have a high ammount of pairs and tokens and a pretty good support team.
Cons
  • Both verification and withdrawals can be quite delayed at times, which is highly annoying.

After the recent changes to the API to make it more functional on IOS, and the removal of minimum equity, Bitfinex have set themselves up for another great year. With constant updates being pushed and their "traders matter" vision, they are amongst the top professional exchanges today. While the platform might be a bit hard to learn at the start, Bitfinex provides a lengthy FAQ to help it's traders get started.

Pros
  • Bitfinex currently is one of the top exchanges in the business, sporting a very high professional attitude, a market that's highly liquid and contains most tokens, even more underrated ones, and a spectacular API. Not only that, but their support staff has massively improved and they are now the fastest replying company in the business.
Cons
  • The biggest downfall of Bitfinex is Withdrawals. Constantly having issues with withdrawing funds can be frustrating to alot of people, and this is the one aspect Bitfinex has not managed to fully resolve.

If you can overcome the Verification delays, then Bitfinex is a great platform to trade on. Clearly built BY traders and FOR traders, they provide one of the most professional environments for crypto trading, boasting a huge ammount of pairs and even some less-known coins.

Pros
  • When it comes to support and liquidity, no exchange can top Bitfinex. They have by far the best array of tools for any kind of trader to take advantage of, all while maintaining super high standards.
Cons
  • However, the downfall of Bitfinex comes from their lack of communication when it comes to both Withdrawals and Verification. Both these processes can be highly delayed, which shouldn't happen on an exchange of this scale.

While far from perfect, Bitfinex has established itself as the dominant species in the crypto ecosystem. They have faced many problems in the past and present and yet still emerge victorious and stronger than ever. An exchange that works for their traders, and in which their traders deposit their trust.

Pros
  • Few things i love about Bitfinex include their high liquidity, the huge market potential via all of the order types and tokens/pairs available, and the fact that their customer support team is by far the fastest to answer.
Cons
  • No exchange is flawless, and Bitfinex's flaw is on their withdrawals. Mostly delayed, these are a big setback for most traders.

By far, Bitfinex is my exchange of preference. With all of the tools they offer and the way they take care of their traders, this is without a doubt a professional exchange that any trader can trust.

Pros
  • The high volume, liquidity and token/pair count are the main things i like about Bitfinex. They also have some unique features like Advanced Order Types and Margin Trading.
Cons
  • Way too many withdrawal problems that can screw traders out of specific trading windows. Platform can be hard to master due to so many features.

One of the exchanges that i love the most. Bitfinex really cares for their customers and go to great extents to keep them satisfied. The recent removal of the minimum trading deposit is a great example of this. The FAQ is very detailed and everyone should read it in order to use the platform to it's full extent. A professional exchange that's acessible to all types of traders.

Pros
  • Bitfinex offers traders a vast array of trading tools, like advanced order types, margin trading, and the highest liquidity market featuring most tokens and pairs. As for security, 2FA and whitelisting keep both trader's accounts and funds safe.
Cons
  • The biggest problem with Bitfinex is the problems with withdrawals that happen with some frequency, which can cost people profit by not taking advantage of specific trading windows.

Overall, Bitfinex sits confortably on the top of the food chain when it comes to crypto. Despite all the lies being stated, Bitfinex has maintained it's high position and will continue to do so in the future. A top tier exchange with top tier tools for traders.

Pros
  • - Highest liquidity market on the cryptospace - Good security measures in 2FA, Whitelisting, Withdrawal confirmation - Effective and fast KYC - Fast responding Customer Support Staff - FIAT support making trading possible on USD pairs - Margin Trading and Funding available on both PC and Mobile - Support for most coins and altcoins with high ammount of pairs - Advanced platform
Cons
  • - Withdrawal issues on most tokens - API is highly limited in IOS