What is Bitfinex?
Bitfinex is one of the largest and most advanced cryptocurrency exchanges, founded in 2012. It is based in Hong Kong and registered in the British Virgin Islands.
Bitfinex offers a full-featured trading platform for major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, EOS and others. It has one of the widest selections of currencies. It also offers margin trading and lending, allowing advanced traders to trade with leverage and investors to earn interest by financing margin traders.
Some key features of Bitfinex:
- Advanced charting and order types for sophisticated traders
- Peer-to-peer financing market to trade loans easily
- Up to 3.3x leverage trading through the platform's peer-to-peer margin funding feature
- Customer support available 24/7
- High liquidity with tight Bitcoin and altcoin spreads
Bitfinex handles some of the highest bitcoin trading volumes among crypto exchanges. Overall, Bitfinex is one of the most full-featured exchanges out there due to its margin trading features and wide variety of coin offerings.