Bitfinex Reviews

About Bitfinex

The exchange is well suited for advanced traders and also supplies the option for margin trading and lending in terms of cryptocurrency services. It may have been best cryptocurrency exchanges but Bitfinex does not accept US customers. If you’re an advanced trader or looking to trade large sums in Bitcoin exchanges, Bitfinex is definitely a good choice. Please beware that the platform is more suited to experienced cryptocurrency traders for Bitcoin trading exchanges and Altcoin trading exchanges. If you’re new to cryptocurrency and looking to get your first coins, you may try another one. Read on and you will find more about Bitfinex company.

How Bitfinex Works

Bitfinex exchange has two major services offered to buy Bitcoin or sell Bitcoin for its customers. One of them is the Bitfinex Advanced Trading Platform which is for traders looking for high volume. The platform has plentiful order types, such as limit, market, stop, stop-limit, trailing stop, fill or kill, and scaled orders. The other service is Bitfinex margin trading and Funding at which Bitfinex users are able to borrow and trade Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), (Others) with up to 3.3x leverage. This enables cryptocurrency owners to buy and sell bitcoin to traders in a secure way.

Supported Crypto Currencies

Coins supported on Bitfinex are Bitcoin Litecoin, Ethereum, Zcash, Monero, Dash, Ripple, Iota, EOS, and an additional 80+ assets.

Bitfinex Fees & Limits

In terms of Bitfinex fees, there is a taker-maker fee model on which Bitfinex users fulfilling existing orders are takers, and users placing new limit orders are makers. Bitfinex trading fees start from 0.2% for takers and can drop as low as 0% for large maker orders. Bank wires have a 0.1% deposit and withdrawal trading fees on Bitfinex. Cryptocurrency deposits are free of charge (up to $1000). Depending on the currency withdrawn users may pay a Bitfinex withdrawal fee.

Bitfinex Deposit Methods

* How To Deposit Money In Bitfinex Quickly And Safely?

To get started with trading on Bitfinex, you will first need to deposit some funds in the form of supported cryptocurrencies, stable coins, or fiat currencies. Deposits are free.

* How Can I Deposit on Bitfinex?

To make a deposit, visit the Deposit section of your Bitfinex account. Choose the currency you wish to deposit, generate an address in the wallet you wish to send to, and input that addresses as the receiving address.

* Bitfinex Deposit Options

Fiat deposits can be made through a wire transfer only, in EUR, JPY, GBP, and USD. Bitfinex also supports Tether (USDT).

Bitfinex Withdrawal Methods

* How To Withdraw Money In Bitfinex Quickly And Safely?

To withdraw your funds to a personal wallet or bank account, you can do so through the Withdraw function.

* How To Withdraw Money From Bitfinex?

1. Enter the receiving address into the “Address” field,
2. Enter the amount you wish to send in the “Send Amount” field,
3. Select the wallet balance to withdraw from in the “From” drop-down menu,
4. Press the “Request Withdrawal” button.

* Bitfinex Withdrawal Options

Withdrawals are available for Bitcoin Litecoin, Ethereum, Zcash, Monero, Dash, Ripple, Iota, EOS, and an additional 80+ assets.

Bitfinex Reviews and Complaints

If you are confused about choosing a platform, you can make use of the third-party review portals. This information will provide the insight and clarity needed to make the most appropriate choice. To reach a final verdict go through Kazan.io where you will be checking out Bitfinex customer reviews and Bitfinex complaints from actual customers.

How Can I Become a Member of Bitfinex?

You can click on the link given here, to be directed to the registration page of Bitfinex. Please kindly follow the instructions and submit the requested information.

* What are the Bitfinex membership stages? There aren’t any. Once you’re registered, you are a Bitfinex customer like all others on the platform.

Supported Countries

Bitfinex services are available to customers worldwide except for these countries: Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and the United States of America.

Bitfinex Customer Support

The Bitfinex support center is based on tickets. The average response time is 24 hours. In the previous time, Bitfinex was hacked two times. The traders may have a hesitancy about the safety of their funds. Those incidents were not pleasant but Bitfinex has made it a priority to reimburse their customers. And also after that hacks, Bitfinex has made the platform much more resistant to future attacks.