--- title: Bitfinex Reviews meta_title: 'Bitfinex Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 18 reviews by the users' company size, role or industry to find out how Bitfinex works for a business like yours. aggregate_rating: rating_value: 3.8 review_count: 18 scale: '5' date_modified: '2026-06-21' parent_category: name: Cryptocurrency url: https://www.g2.com/categories/cryptocurrency --- # Bitfinex Reviews **Vendor:** iFinex **Category:** [Cryptocurrency Exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) **Average Rating:** 3.8/5.0 **Total Reviews:** 18 ## About Bitfinex 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. ## Bitfinex Reviews ### 1. One of the best professional cryptocurrency exchanges **Rating:** 4.5/5.0 stars **Reviewed by:** Ahmed M. | Creator, Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** June 07, 2022 **What do you like best about Bitfinex?** 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. **What do you dislike about Bitfinex?** 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. **What problems is Bitfinex solving and how is that benefiting you?** Perfect for daily trading with a very big number of cryptocurrencies and advanced features, with this platform you will trade with all the necessary tools. ### 2. SCAM!!! AVOID! **Rating:** 0.0/5.0 stars **Reviewed by:** Verified User in Marketing and Advertising | Small-Business (50 or fewer emp.) **Reviewed Date:** March 04, 2022 **What do you like best about Bitfinex?** Nothing! Bitfinex is a bunch of con artists. **What do you dislike about Bitfinex?** 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! **What problems is Bitfinex solving and how is that benefiting you?** See Above. Bitfinex are con artists, avoid at all costs. ### 3. Great exchange for Bitcoin **Rating:** 4.0/5.0 stars **Reviewed by:** Billy S. | Web Developer, Computer Software, Small-Business (50 or fewer emp.) **Reviewed Date:** April 13, 2019 **What do you like best about Bitfinex?** 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. **What do you dislike about Bitfinex?** 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. **Recommendations to others considering Bitfinex:** I recommend using Bitfinex as a platform to invest in Bitcoin or ETH mainly because the volume traded and the liquidity are among the highest in the world. Additionally, the Bitfinex platform is very secure, which is something to consider when working with virtual currencies. **What problems is Bitfinex solving and how is that benefiting you?** I use Bitfinex to keep my savings safe from inflation and as a long-term investment. Although the cryptocurrency business is very volatile, it has provided me with many benefits until I save, always using this platform as a means. ### 4. Great exchange for Bitcoin **Rating:** 4.0/5.0 stars **Reviewed by:** Brian T. | Web Designer, Internet, Small-Business (50 or fewer emp.) **Reviewed Date:** February 28, 2019 **What do you like best about Bitfinex?** 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 about Bitfinex?** - 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** 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. ### 5. Bitfinex safest exchange and regulated! **Rating:** 5.0/5.0 stars **Reviewed by:** Arthur H. | Finance Analyst, Information Services, Enterprise (> 1000 emp.) **Reviewed Date:** January 28, 2019 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** Do not forget to setup every option to secure your account if you manage large amounts of money. **What problems is Bitfinex solving and how is that benefiting you?** 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. ### 6. Has been better in the past, not so trustworthy anymore. **Rating:** 2.0/5.0 stars **Reviewed by:** Michael V. | Home Health Specialist, Small-Business (50 or fewer emp.) **Reviewed Date:** December 07, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** Margining cryptos that are pretty much impossible to margin on anywhere else. Very wide variety. ### 7. A really good platform assuming that it has all the coins that you need **Rating:** 4.5/5.0 stars **Reviewed by:** Peg G. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 02, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** Use it if you're looking for enterprise-grade solution, it is much better than the alternatives like Binance or so **What problems is Bitfinex solving and how is that benefiting you?** 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 ### 8. Enterprise-grade platform with many coins and options supported **Rating:** 5.0/5.0 stars **Reviewed by:** Pagosh G. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 03, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** Converting bitcoin Buying Ether Buying XRP Buying Stellar Lumens Main benefits is the fact that it's security measures are enterprise-grade ### 9. the safest exchange on the web **Rating:** 5.0/5.0 stars **Reviewed by:** Erue D. | IT Consultant, Small-Business (50 or fewer emp.) **Reviewed Date:** August 31, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** 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 ### 10. I had fiat withdraw, even after 28 days, still did not reach my bank account **Rating:** 5.0/5.0 stars **Reviewed by:** Jerfi D. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 04, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** Buying and selling crypto coins, the main benefit is security and that they have a dedicated support phone number ### 11. Wire transfer £97k still missing from bitfinex **Rating:** 3.5/5.0 stars **Reviewed by:** Hoffi J. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 04, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** Great API Deters smaller traders (10k minimum) The world’s first legally compliant cryptocurrency backed by oil reserves Automated Crypto Currency Trading **What problems is Bitfinex solving and how is that benefiting you?** Automated Crypto Currency Trading Buying and selling crypto coins ### 12. Bitfinex review **Rating:** 1.5/5.0 stars **Reviewed by:** Brian F. | Planner, Mid-Market (51-1000 emp.) **Reviewed Date:** December 04, 2018 **What do you like best about Bitfinex?** High liquidity with markets not only in crypto but to USD GBP JPY Euro and Tether USD/Euro. **What do you dislike about Bitfinex?** 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 Bitfinex:** 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 problems is Bitfinex solving and how is that benefiting you?** There is a large amount of liquidity with access to other foreign currencies as well as a large offering of cryptocurrency. ### 13. Easy to use Professional Cryptocurrency Exchange **Rating:** 5.0/5.0 stars **Reviewed by:** Celil . | Digital Transformation & Process Improvement Consultant, Enterprise (> 1000 emp.) **Reviewed Date:** June 01, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** Although Bitfinex has a user friendly interface it is suitable for mid level or above professionals. **What problems is Bitfinex solving and how is that benefiting you?** 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. ### 14. My NEO deposit is not showing up in my Bitfinex account **Rating:** 5.0/5.0 stars **Reviewed by:** Jend B. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 04, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** 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 Bitfinex:** Use it if you need security and enterprise grade **What problems is Bitfinex solving and how is that benefiting you?** Trading coins and alts Benefits are mainly fees, API and security ### 15. very easy to make exchanges **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Transportation/Trucking/Railroad | Small-Business (50 or fewer emp.) **Reviewed Date:** September 26, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** what I like the least is the minimum withdrawal that is $ 250 seems high to work with less valuable coin **What problems is Bitfinex solving and how is that benefiting you?** resolves that most whales use this exchange and therefore currency that enters into bitfinex has a good chance of capitalizing ### 16. Very good and robust platform **Rating:** 4.0/5.0 stars **Reviewed by:** Fazluch D. | Small-Business (50 or fewer emp.) **Reviewed Date:** September 23, 2018 **What do you like best about Bitfinex?** 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 about Bitfinex?** Many alts are not supported and it takes time for new coins to be added to the platform **What problems is Bitfinex solving and how is that benefiting you?** Converting from Bitcoin to other coins like Ripple or Ethereum ### 17. Outstanding platform for crypto exchange **Rating:** 4.5/5.0 stars **Reviewed by:** Nader B. | Small-Business (50 or fewer emp.) **Reviewed Date:** September 24, 2018 **What do you like best about Bitfinex?** Bitfinex is a top-notch crypto exchange platform, it’s highly secure and works flawlessly **What do you dislike about Bitfinex?** 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 problems is Bitfinex solving and how is that benefiting you?** Trading crypto assets and storing my wallets ### 18. Biggest exchange for trading **Rating:** 1.5/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 17, 2018 **What do you like best about Bitfinex?** every crypto are pair wth USD and bitcoin. this is awesome **What do you dislike about Bitfinex?** USDT, slow deposit, its been hacked too much fud around tether and government **Recommendations to others considering Bitfinex:** Use ethfinex its a deccetralize exchange build by bitfinex **What problems is Bitfinex solving and how is that benefiting you?** Trading cryptocurrencies ## Bitfinex Discussions - [What is Bitfinex used for?](https://www.g2.com/discussions/what-is-bitfinex-used-for) - 1 comment, 1 upvote - [View Bitfinex pricing details and edition comparison](https://www.g2.com/products/bitfinex/reviews?section=pricing&secure%5Bexpires_at%5D=2026-06-27+09%3A26%3A37+-0500&secure%5Bsession_id%5D=6d1fd698-092d-4e73-8b5c-2f4d7efaf562&secure%5Btoken%5D=e41c8e55d2addc57c40b45e72f6709f5c9c58b8a140a4f93c1de84438829fed4&format=llm_user) ## Top Bitfinex Alternatives - [Binance](https://www.g2.com/products/binance/reviews) - 4.0/5.0 (193 reviews) - [Kucoin](https://www.g2.com/products/kucoin/reviews) - 2.9/5.0 (35 reviews) - [Coinbase Exchange](https://www.g2.com/products/coinbase-exchange/reviews) - 3.8/5.0 (121 reviews)