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Crypto exchanges (34)
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Bitfinex

Features

Feature Overview

Real Coins
Yes
Transferable to own wallet
Yes
Savings plan
No
Staking
Yes
NFT Marketplace
No
Tradingtools
Yes
Two-factor authentication
Yes
Deposit protection
No
Available for US users?
No

Unique Features

OTC desk
Advanced services for cryptocurrency traders and liquidity providers
Bitfinex Borrow

Tradable Assets

Cryptocurrencies

Trading Options

Derivatives
Margin trading (leverage)
Short/Long

Bitfinex

User Interface

Our

Bitfinex

Review

Test Result

Overall rating
8.1
10
Operation
6
/10
complicated
simple
Functions & Scope
8
/10
simple
extensive
Fees & costs
10
/10
high
low
Security & Trust
8
/10
low
high
Beginner friendliness
7
/10
unsuitable
very suitable
Support
6
/10
bad
good

Conclusion

Bitfinex, a long-standing crypto exchange, continues to rank high globally thanks to its vast functionality and options for seasoned traders. Despite excellent liquidity and low fees, its beginner-friendliness could improve. Bitfinex is best for those experienced with crypto exchanges.

By  
Ethan Parker
Senior Content Editor

Pro's & Con's

What we like:
Cheap fees
Lots of features for traders
Extensive charts and tools
What we don't like:
Might be complex for beginners
No regulation
POWERED BY AI

Bitfinex

User Reviews

We compile and highlight user feedback from leading review platforms, social networks, and various online sources to provide you with a comprehensive overview of user experiences and user reviews
reddit
g2 crowd
twitter
trustpilot
sikayetvar
Propose change
Operation and user-friendliness

Bitfinex users appreciate the platform for its extensive features and customizable interface that allows the layout to be tailored to personal preferences. However, the variety of features and tools can be overwhelming for beginners. Some users wished the platform offered a simpler, less cluttered option for beginners.

Functions and offer

Bitfinex garners praise for its broad array of cryptocurrencies and trading pairs, complemented by advanced features like margin trading and futures. It's observed, though, that the platform caters more to seasoned traders, posing challenges for beginners.

Beginner friendliness

Bitfinex is recognized for its extensive features, yet it's often seen as not the most approachable for beginners due to its intricate interface. Calls for more beginner-oriented educational materials and a simplified interface are common.

Fees and costs

The fee system of Bitfinex is acknowledged for its clarity and fairness, particularly beneficial for high-volume traders. Yet, some traders find the fees for smaller volumes to be on the steeper side when contrasted with other platforms.

Security and trust

Despite historical security issues, Bitfinex has regained user trust for some by enhancing security protocols, such as 2FA and cold storage. However, opinions on the exchange's trustworthiness remain varied.

Support

Customer support at Bitfinex has a split reputation; while some users report satisfactory and swift assistance, others encounter slow responses and unresolved issues.

Conclusion –
Bitfinex

Critique points for Bitfinex include its complexity for novices, historical security breaches, and mixed customer support satisfaction. Nonetheless, many acknowledge Bitfinex as a competent trading platform, especially for the experienced trader.

About

Bitfinex

Bitfinex

Centralized Exchange
The Company
iFinex Inc.
Headquarters
British Virgin Islands, Hong Kong
Company size
Medium
Regulation
-
Founder
Giancarlo Devasini, Raphael Nicolle
Year of foundation
2012

Summary

Bitfinex
By
Ethan Parker
Updated:
April 7, 2024
Crypto Exchange
Cryptos
Trading Fee
Withdrawal Fee
For US 
Users?
EF
Score
1,800
0
%
0.0003
No
9.8
/10
600
0.1
%
0.0002
Yes
9.4
/10
400
0.1
%
0.0005
No
9.3
/10
300
1.49
%
0.000079
No
9.2
/10
700
0.1
%
0.0005
Yes
8.9
/10
185
0.26
%
0.0002
Yes
8.8
/10
80
1
%
$5
Yes
8.8
/10
190
0.25
%
0.00002
No
8.8
/10
240
0.1
%
0.0005
No
8.5
/10
339
0.05
%
0.0005
No
8.5
/10
220
1.49
%
0.000079
Yes
8.3
/10
9
0.35
%
0.0006
Yes
8.2
/10
75
0.5
%
0.0005
Yes
8.1
/10
280
0.2
%
0.0004
No
8.1
/10
250
0.4
%
0.0005
Yes
8
/10
20
0.3
%
0 - 2%
No
8
/10
283
0.1
%
0.0005
No
8
/10
50
2
%
0.99% - 0.69%
No
7.9
/10
14
1%
%
0.99% - 0.69%
No
7.8
/10
260
0.1
%
0.0004
No
7.8
/10
24
0
%
0.000079
No
7.7
/10
18
1.25
%
0 - $10
No
7.5
/10
1
2.5
%
0.4% - 1%
No
7.5
/10
138
0.25
%
0.0005
Yes
7.5
/10
226
0.1
%
0.0004
No
7.4
/10
512
0.2
%
0.0005
No
7.2
/10
300
0.2
%
0.0005
Yes
7.1
/10
15
0.2
%
0.0004
No
7.1
/10
8
0.5
%
0.000079
No
7
/10
100
1.99
%
0.001
Yes
6.5
/10
48
0.1
%
0.0005
No
6.5
/10
151
0.1
%
0.00009
No
6.3
/10
70
0.4
%
0.30%
No
6.1
/10
182
0.25
%
0.0009
No
6
/10

About the author

Ethan Parker
Senior Content Editor

Ethan is the go-to crypto guru at Exchange Flow, with nearly a decade steering traders through crypto exchange platforms worldwide, Ethan brings welcome clarity to the complex terrain of digital currencies. His hands-on approach to testing and analyzing exchanges worldwide makes his reviews and articles valuable information for readers and newcomers in the crypto world. Beyond his crypto expertise, Ethan is a retro gaming enthusiast and an explorer at heart, using his crypto gains to fuel adventures around the world. Dive into Ethan’s articles and reviews for a global perspective on cryptocurrency that’s as enlightening as it is engaging.

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The information on this website is for educational purposes only and is not an investment recommendation. It should not be seen as a promise of specific outcomes or as urging you to invest. Buying cryptocurrencies is risky and could lead to losing all your invested money. This site doesn't offer investment advice. We're not responsible for the accuracy or usefulness of the information here, nor will we compensate for any financial losses.