Bitfinex

Exchange #27
$228.52M
Volume

Coin Listings

All coin listings
# Coins Live Price Trading volume
1 Tether USD USDT $1.00
$117.75M
$117.75 million Trade
2 Ethereum ETH $2,420.83
$75.71M
$75.71 million Trade
3 Bitcoin BTC $77,418.94
$75.51M
$75.51 million Trade
4 USDC USDC $1.00
$12.93M
$12.93 million Trade
5 Monero XMR $503.45
$7.11M
$7.11 million Trade
All Coins

New Coin Listings

Coins Live Price Listing
Tether America USD USAT $1.00
8 months ago
8mo
Trade
Rayls RLS $0.00190
8 months ago
8mo
Trade
Stable STABLE $0.0283
9 months ago
9mo
Trade
Hedera HBAR $0.0905
10 months ago
10mo
Trade
Bittensor TAO $250.53
10 months ago
10mo
Trade
All New Coins

Markets
Markets Live Price 24h volume
ETH / USD Bitfinex $2,421.20
$46.78M
$46.78 million Trade
USDT / USD Bitfinex $1.00
$39.14M
$39.14 million Trade
BTC / USD Bitfinex $77,440.00
$38.98M
$38.98 million Trade
BTC / USDT Bitfinex $77,400.00
$31.15M
$31.15 million Trade
ETH / USDT Bitfinex $2,420.30
$26.03M
$26.03 million Trade
All Markets

About Bitfinex

Launched in 2012 by Raphael Nicolle and now led by JL van der Velde, it’s a centralized crypto platform registered in the British Virgin Islands and operated by iFinex Inc. Known for creating Tether (USDT), it’s a go-to spot for pros and institutions, with a focus on high-volume trading as of June 3, 2025!

Why It Stands Out

  • Trading Options: Trade 128–270+ coins and 315–379 pairs like BTC/USD ($101M daily volume) across spot, margin (up to 10x leverage), and derivatives (up to 100x), with a 24-hour volume around $340M–$348M recently.
  • Low Fees: Maker fees start at 0.10%, takers at 0.20% for spot; derivatives are 0.020% maker and 0.065% taker. Hold LEO tokens for 15%–25% fee discounts, and deposits are free (wire transfers add 0.10%).
  • Neat Features: Offers a mobile app (iOS/Android), Bitfinex Borrow, OTC trading, staking, and advanced APIs—perfect for building custom strategies.
  • Wide Access: Open globally (U.S., Canada, Austria, Italy, and others restricted), with KYC tiers unlocking up to 500 BTC/month—verification takes less than 24 hours.
  • Top Security: 95%–99% cold storage, 2FA, IP monitoring, and a $100M BitGo insurance policy, though it faced a 2016 hack (119,756 BTC lost, later reimbursed).

Things to Think About

  • Regulation Concerns: Licensed lightly in the British Virgin Islands, with past fines ($1.5M CFTC in 2021) for illegal trading—check your region’s rules.
  • User Buzz: Some praise liquidity and tools, but posts found on X mention withdrawal delays and KYC issues—treat this as inconclusive sentiment.
  • Liquidity Check: $340M–$348M volume is strong, but a -35% drop in 24 hours suggests fluctuations; smaller pairs might be thin.
  • U.S. Restrictions: No access for U.S. citizens or residents, and past regulatory scrutiny (e.g., NYAG probe) adds caution.
  • Past Hacks: The 2016 breach and $850M Crypto Capital loss in 2018 (partially recovered) hint at historical risks—security’s improved since.

Bitfinex is a solid pick for experienced traders seeking leverage and liquidity, but its regulatory history and restrictions suggest starting small. Check it out at https://www.bitfinex.com!