Bitfinex Reviews & Product Details

I like the most about this platform because it's very secure, fast, and comes with a set of advanced features.

Also, the Bitfinex platform has a mobile app, high liquidity, and many cryptocurrencies. Review collected by and hosted on G2.com.

What I didn't like is the complicated verification process and the high commissions when working with fiat currency.

Hopefully, the team of Bitfinex will improve the platform with time. Review collected by and hosted on G2.com.

Nothing! Bitfinex is a bunch of con artists. Review collected by and hosted on G2.com.

I deposited $400 into my Bitfinex account, which Bitfinex has stolen! They refuse to return my money without me going through some ridiculously long-winded verification process for which I do not have the requisite equipment (i.e., a photo scanner). It would have been nice if they had informed me that they require numerous verification documents before I put my savings into their website. That way, I could have been like "oh, I don't have a scanner, I will just use a different website". But instead, they wait till you have made a big deposit and then decide to tell you that they require ID verification and seize all of your assets. Now they are ignoring my emails to top it all off. AVOID AT ALL COSTS; BITFINEX ARE SCAMMERS! Review collected by and hosted on G2.com.

I have been using this exchange to sell and buy cryptocurrencies for several years because it offers good security and also has a large market volume for the most important cryptocurrencies, such as Bitcoin or Ethereum.

What I like most about this exchange is its commitment to account security, as it is evident that one of the most important issues in the world of cryptocurrencies is hacking exchanges. For this, Bitfinex offers several security measures for your account.

They also have their own currency called USDT which offers parity with the USD dollar, so it is possible to keep your funds in dollars while having a cryptocurrency called USDT, this token can be easily transferred as if it were Bitcoin. Review collected by and hosted on G2.com.

They are very selective with the coins they add to the platform, although this can be positive in terms of reducing the saturation of the service with useless coins, it ceases to be when they don't add certain interesting coins with a large community behind them. Being a well-known exchange is the result of many malicious hacker attacks, and although they have been operating for years, I personally am afraid of having coins stored on the exchange, although this applies to everyone. Review collected by and hosted on G2.com.

I have been using this exchange to sell and buy cryptocurrencies for several years because it offers good security and also has a large volume of market for the most important cryptocurrencies such as Bitcoin or Ethereum.

What I like most about this exchange is its bet for the security of the account, since it is evident that one of the most important problems in the world of cryptocurrencies are hacking to exchanges. For this Bitfinex offers several security measures for your account.

They also have their own currency called USDT that offers parity with the USD dollar therefore it is possible to keep your funds in dollars at the same time you have a cryptocurrency called USDT, this token can be easily transferred as if it were Bitcoin.

In summary the best in my opinion of Bitfinex:

- Security is very high in the application, since it allows adding white lists of addresses, enabling 2FA, alternative emails among other additional security filters.

- The interface is very nice visually and it is also very intuitive.

- The graphs on the evolution of the prices of the coins are typical of Bitfinex and have several filters to apply in them.

- Bitfinex secures the funds of your account in case of piracy so you should not be afraid of hacking, in any case it is advisable to avoid storing your funds in any exchange. Review collected by and hosted on G2.com.

- They are very selective with the currencies that they add to the platform, although this can be positive in terms of the saturation of the service of useless coins that ceases to be when they do not add certain interesting currencies and with a large community behind.

- Being a known exchange is the result of many malicious hacker attacks and, although they have been running for years, I personally am afraid of having coins stored in the exchange, although this applies to all. Review collected by and hosted on G2.com.

What i liked most is that a well managed exchange by profesionals that wont let you down even if somebody hack them, your money is backed by USDT.

- Helpful and fast support

- Only list serious projects

- Very secure

- 2FA support

- Friendly UI

- Margin trading with every coin

Another thing i wanted to mention is that they are working on another exchange based on Ethreum and it is decentralized Review collected by and hosted on G2.com.

What i do not like is that sessions last only a few minutes so you need to re-login very often, USDT fees are very high also. Review collected by and hosted on G2.com.

You'll read a lot about the margining opportunities that used to be available. I could easily turn $30 into about $400 in just minutes given the right conditions. Review collected by and hosted on G2.com.

It has turned into a different kind of place - the little guy can't get started with nothing and become a successful trader on this platform anymore. There are outrageous minimums required to trade, and USDT is no longer the standard in crpto-fiat it once was. Review collected by and hosted on G2.com.

It has top-notch security measures, including 2-step authentication

It won't allow anyone to withdraw money from your account unless you follow some very strict settings before, preventing hackers from stealing your money (what's possible in many other platforms)

It's system works like a charm, easy to use, and it's look and feel is really professional

It's rates are pretty good also Review collected by and hosted on G2.com.

It does not support alts and small crypto coins, making the number of coins on the platform relatively small

It does not allow you to use a phone number as a 2-step authentication provider, you can only use Google Authenticator

It does not enable you to buy crypto using credit card - you must wire a bank account which takes time and demands verification Review collected by and hosted on G2.com.

It implements high-end security measurements such as 2-step authentication

It implements anti-theft mechanisms to prevent hackers from getting access to your wallets - these measurements are the most strict compared to other platforms

It offers very good change rates

It's user interface and user experience are very nice and convenient Review collected by and hosted on G2.com.

Not many alts are supported on the platform (although they improve over time)

Only Google Authenticator can be used for 2-step auth

Depositing and withdrawing to a bank account is not simple Review collected by and hosted on G2.com.

the best thing about bitfinex is its security, the multiple options to configure security in two steps, it has the best commissions the lowest for buying and selling, the ability to buy with fiat money, very clean and instinctive interface, in the 3 years that I have using this platform I have never had any problem, supports the main crypto, good tools to make automatic trading. Review collected by and hosted on G2.com.

does not support authy that is very used for security in two steps, the minimum withdrawal is very high, the sms messages to confirm may take a long time to arrive. Review collected by and hosted on G2.com.

A new study found that Bitfinex has some of the lowest exchange fees in crypto.

There's a mobile app notification when an order executes

TKN, UTN, and GOT all listed

Trading enabled for Universa (UTNP)

Review collected by and hosted on G2.com.

I had fiat withdraw, even after 28 days, still did not reach my bank account

Not receiving emails from Bitfinex

Confirmation number did not match. Withdrawal cancelled

There's minimum Deposit to activate trading

Sometimes there are connection errors Review collected by and hosted on G2.com.