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Bitfinex

4.0
(16)

Bitfinex offers the most liquid exchange in the world, allowing users to easily exchange Bitcoin, Ethereum, EOS, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, NEO, Iota, Monero, OmiseGO, Dash, Bitcoin Gold, Zcash, TRON, Santiment, Qtum, ETP, 0x, QASH, Eidoo, RCN, YOYOW, Time New Bank, Status, iExec, Golem, SpankChain, Augur, Streamr, Basic Attention Token, aelf, FunFair, SingularDTV, AidCoin, Decentraland, Aventus, and Ethfinex Nectar Token against USD or BTC with minimal slippage.

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Bitfinex Reviews

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Bitfinex review by Billy S.
Billy S.
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"Gran intercambio por Bitcoin"

What do you like best?

He estado usando este intercambio para vender y comprar criptomonedas durante varios años porque ofrece buena seguridad y también tiene un gran volumen de mercado para las criptomonedas más importantes, como Bitcoin o Ethereum.

Lo que más me gusta de este intercambio es su apuesta por la seguridad de la cuenta, ya que es evidente que uno de los problemas más importantes en el mundo de las criptomonedas es piratear a los intercambios. Para esto, Bitfinex ofrece varias medidas de seguridad para su cuenta.

También tienen su propia moneda llamada USDT que ofrece paridad con el dólar USD, por lo que es posible mantener sus fondos en dólares al mismo tiempo que tiene una criptomoneda llamada USDT, este token se puede transferir fácilmente como si fuera Bitcoin.

What do you dislike?

+Son muy selectivos con las monedas que agregan a la plataforma, aunque esto puede ser positivo en términos de la saturación del servicio de monedas inútiles que deja de ser cuando no agregan ciertas monedas interesantes y con una gran comunidad detrás.

+Ser un intercambio conocido es el resultado de muchos ataques de hackers maliciosos y, aunque han estado funcionando durante años, personalmente tengo miedo de tener monedas almacenadas en el intercambio, aunque esto se aplica a todos.

Recommendations to others considering the product

Recomiendo usar Bitfinex como plataforma para invertir en Bitcoin o ETH principalmente porque el volumen que se mueve y la liquidez se encuentra entre los más altos del mundo, además, la plataforma de Bitfinex es muy segura y es algo a tener en cuenta cuando se trabaja con monedas virtuales.

What business problems are you solving with the product? What benefits have you realized?

Utilizo Bitfinex para mantener mis ahorros a salvo de la inflación y como inversión a largo plazo, aunque el negocio de las criptomonedas es muy volátil, me ha brindado muchos beneficios hasta que ahorre, siempre utilizando esta plataforma como un medio.

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Bitfinex review by Brian T.
Brian T.
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"Great exchange for Bitcoin"

What do you like best?

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.

What do you dislike?

- 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.

Recommendations to others considering the product

I recommend using Bitfinex as a platform to invest in Bitcoin or ETH mainly since the volume that moves and the liquidity is among the highest in the world, in addition the Bitfinex platform is very safe and is something to take into account when working with coins virtual

What business problems are you solving with the product? What benefits have you realized?

I use Bitfinex to keep my savings safe from inflation and as a long-term investment, although the business of cryptocurrencies is very volatile, it has given me many benefits until I save, always using this platform as a means.

What Cryptocurrency Exchanges solution do you use?

Thanks for letting us know!
Bitfinex review by Arthur H.
Arthur H.
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"Bitfinex safest exchange and regulated!"

What do you like best?

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

What do you dislike?

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.

Recommendations to others considering the product

Do not forget to setup every option to secure your account if you manage large amounts of money.

What business problems are you solving with the product? What benefits have you realized?

I'm responsible for crypto assets management. The benefits is that you can make a lot of money not just by trading but also because you do not need to pay abusive fees to banks.

Bitfinex review by Peg G.
Peg G.
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"A really good platform assuming that it has all the coins that you need"

What do you like best?

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

What do you dislike?

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

Recommendations to others considering the product

Use it if you're looking for enterprise-grade solution, it is much better than the alternatives like Binance or so

What business problems are you solving with the product? What benefits have you realized?

Buying and selling bitcoin, converting bitcoin to other coins like Ethererum / Ripple and others

Out of all of the exchange platforms out there, Bitfinex is the most enterprise-oriented that I've seen, which is a great advantage over others

It really makes you calm knowing that it would be extremely hard for a hacker to withdraw the money due to their security measures, which is really unique and great compared to other solutions out there, where a hacker can just withdraw all of your assets into their wallet immediately, leaving you with nothing

Bitfinex review by Erue D.
Erue D.
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"the safest exchange on the web"

What do you like best?

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.

What do you dislike?

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.

Recommendations to others considering the product

There are many platforms in the market for buying and selling cryptocurrencies but none gives you the feeling of security offered by bitfinex, also very accessible web commissions very fluid I highly recommend it.

What business problems are you solving with the product? What benefits have you realized?

we use bitfinex to buy cryptocurrencies, bitcoin, iota ethereum, it has been very efficient with very competitive commissions, being able to use it daily for buying and selling

Bitfinex review by Pagosh G.
Pagosh G.
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"Enterprise-grade platform with many coins and options supported"

What do you like best?

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

What do you dislike?

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

Recommendations to others considering the product

Compared to other platforms like KuCoin, it is much richer in terms of API, user interface and security,

Bitfinex is aiming to be an enterprise-level solution and it does not rely on consumers, which is great if you're an enterprise user

What business problems are you solving with the product? What benefits have you realized?

Converting bitcoin

Buying Ether

Buying XRP

Buying Stellar Lumens

Main benefits is the fact that it's security measures are enterprise-grade

Bitfinex review by Celil .
Celil .
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"Easy to use Professional Cryptocurrency Exchange"

What do you like best?

Easy to use and user friendly interface for prefessionals.

Trailing-Limit is the best order in this exchange. A sell trailing-limit moves with the market price, and continually recalculates the stop trigger price at a fixed amount below the market price, based on the user-defined "trailing" amount.

Bitfinex also have strong Technical Analysis tools.

Security can be very high level. You can configure level of security.

Mobil app also user friendly. You can access mobile app without lot of security questions, just using API Key.

What do you dislike?

There is no enough number of altcoin but actually Bitfinex does not have such a claim.

If you set your security level high, it becomes a little bit tedious.

Recommendations to others considering the product

Although Bitfinex has a user friendly interface it is suitable for mid level or above professionals.

What business problems are you solving with the product? What benefits have you realized?

If you want to use exchange or want to do trading with main and well known tokens and coins you can use this well known, high security and high liquidity exchange company.

Bitfinex review by Michael V.
Michael V.
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"Has been better in the past, not so trustworthy anymore."

What do you like best?

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.

What do you dislike?

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.

Recommendations to others considering the product

If you already know what you're doing and understand markets, go ahead, if not, don't waste your time. The barrier to entry is too high for an amateur to bother wasting their money trying to learn.

What business problems are you solving with the product? What benefits have you realized?

Margining cryptos that are pretty much impossible to margin on anywhere else. Very wide variety.

Bitfinex review by Jerfi D.
Jerfi D.
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"I had fiat withdraw, even after 28 days, still did not reach my bank account"

What do you like best?

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)

What do you dislike?

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

Recommendations to others considering the product

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)

What business problems are you solving with the product? What benefits have you realized?

Buying and selling crypto coins, the main benefit is security and that they have a dedicated support phone number

Bitfinex review by Hoffi J.
Hoffi J.
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content

"Wire transfer £97k still missing from bitfinex"

What do you like best?

Bitfinex added POA, KNC, MKR and VEN

The world’s first legally compliant cryptocurrency backed by oil reserves

There's a 10k minimum deposit to deter smaller traders

Automated Crypto Currency Trading

full support for the EOS MainNet Token Swap

Bitfinex Introduced Trading For 12 New Ethereum Tokens

What do you dislike?

USD fiat swift deposit not confirmed after 11 days

Bitfinex support does not answer my ticket for 3 months

Mobile App Chart is Eye Torturing

Incredible lags, cant even load website

Bitfinex not supporting Monero fork xmv

Bitfinex has been accused of being involved ina money laundering scheme

Recommendations to others considering the product

Great API

Deters smaller traders (10k minimum)

The world’s first legally compliant cryptocurrency backed by oil reserves

Automated Crypto Currency Trading

What business problems are you solving with the product? What benefits have you realized?

Automated Crypto Currency Trading

Buying and selling crypto coins

Bitfinex review by Jend B.
Jend B.
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"My NEO deposit is not showing up in my Bitfinex account"

What do you like best?

Bitfinex Launched Crypto Connection Network for Institutional Clients

Bitfinex has completed Tron (TRX) migration

Bitfinex will support the Everipedia (IQ) airdrop

What do you dislike?

Unable to receive bitcoin in GreenAddress wallet

Withdrawal delays

Crypto deposit limits

Wired money on June 4th sent MT103 money not credited no response from customer support

No confirmation email arriving

Heavy spoofing on the platform

Bitfinex is requesting users to give their tax information

Bitfinex is suspected of artificially inflating the price of cryptocurrencies

EOS withdrawal marked as complete but never sent

Bitfinex attempts to silence critics

Recommendations to others considering the product

Use it if you need security and enterprise grade

What business problems are you solving with the product? What benefits have you realized?

Trading coins and alts

Benefits are mainly fees, API and security

Bitfinex review by Brian F.
Brian F.
Validated Reviewer
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content

"Bitfinex review"

What do you like best?

High liquidity with markets not only in crypto but to USD GBP JPY Euro and Tether USD/Euro.

What do you dislike?

You need a minimum account equity of 10,000 USD to even use the platform. It also takes new requests about 6-8 weeks to complete registration. They also plan to charge a small fee for users leaving funds in their wallets.

Recommendations to others considering the product

Good option because of high liquidity. In my opinion, as long as US persons are blocked, there will be a missed opportunity for higher volume.

What business problems are you solving with the product? What benefits have you realized?

There is a large amount of liquidity with access to other foreign currencies as well as a large offering of cryptocurrency.

Bitfinex review by User in Transportation/Trucking/Railroad
User in Transportation/Trucking/Railroad
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"very easy to make exchanges"

What do you like best?

what they like the most is their security, ease of understanding in their graphics and the volume they handle in cryptocurrencies

What do you dislike?

what I like the least is the minimum withdrawal that is $ 250 seems high to work with less valuable coin

What business problems are you solving with the product? What benefits have you realized?

resolves that most whales use this exchange and therefore currency that enters into bitfinex has a good chance of capitalizing

Bitfinex review by Fazluch D.
Fazluch D.
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"Very good and robust platform"

What do you like best?

Platform is great in terms of UX, works very well, has an amazing look and feel, supports an increasing number of coins

What do you dislike?

Many alts are not supported and it takes time for new coins to be added to the platform

What business problems are you solving with the product? What benefits have you realized?

Converting from Bitcoin to other coins like Ripple or Ethereum

Bitfinex review by Nader B.
Nader B.
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"Outstanding platform for crypto exchange"

What do you like best?

Bitfinex is a top-notch crypto exchange platform, it’s highly secure and works flawlessly

What do you dislike?

Bitfinex does not support all of the crypto coins, it mainly supports the mainstream ones, and it sometimes takes some time for new ones to be added

What business problems are you solving with the product? What benefits have you realized?

Trading crypto assets and storing my wallets

Bitfinex review by User in Information Technology and Services
User in Information Technology and Services
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"Biggest exchange for trading"

What do you like best?

every crypto are pair wth USD and bitcoin. this is awesome

What do you dislike?

USDT, slow deposit, its been hacked too much fud around tether and government

Recommendations to others considering the product

Use ethfinex its a deccetralize exchange build by bitfinex

What business problems are you solving with the product? What benefits have you realized?

Trading cryptocurrencies

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