BitFinex offers three main functions - it is a pure bitcoin to fiat exchange, a margin trading exchange and a liquidity provider. The platform offers a number of features available that expand the financial positions you can take - for example, the ability to short Bitcoin via margin trading.  The exchange also offers a set of other cryptos apart from bitcoin such as Litecoin and Ethereum.  Deposits and withdrawals take place via the standard bank transfer mean with fees of 0.1% and a minimum of $20. Bitcoin and Litecoin are free. BitFinex takes security seriously and has moved from a hot wallet cold wallet set up to segregating customer funds where each user has access to their own wallet which they can review on the blockchain. Bitfinex was hacked on the 3rd of August 2016 and around 120,000 BTC were stolen. Telegram | LinkedIn | Facebook | Instagram | Reddit.

Fees

See the full <a href="https://www.bitfinex.com/fees/" target="_blank">Fee Schedule</a> for trading, Deposits and Withdrawals.

Rating

4.1/5

Full address

British Virgin Islands