Bitfinex

Exchange #24
$ 227.19M
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Bitcoin BTC
$ 105,730.72
$ 174.07M
$ 174.07 million Trade
2
Tether USD USDT
$ 1.00
$ 130.27M
$ 130.27 million Trade
3
Ethereum ETH
$ 2,509.72
$ 70.33M
$ 70.33 million Trade
4
LEO LEO
$ 9.16
$ 1.72M
$ 1.72 million Trade
5
XRP XRP
$ 2.19
$ 1.70M
$ 1.70 million Trade
All coins

New coin listings

Coins Price Added
Falcon USD USDF
$ 1.000
4 weeks ago
4w
Trade
Shardeum SHM
$ 0.137
4 weeks ago
4w
Trade
Stacks STX
$ 0.652
2 months ago
2mo
Trade
Kaia KAIA
$ 0.106
3 months ago
3mo
Trade
GUNZ GUN
$ 0.0371
3 months ago
3mo
Trade
All new coins

Markets

Markets Price 24h volume
ETH / BTC Bitfinex
$ 2,509.63
$ 63.18M
$ 63.18 million Trade
BTC / USDT Bitfinex
$ 105,700.00
$ 46.38M
$ 46.38 million Trade
BTC / USDT Bitfinex
$ 105,720.00
$ 41.24M
$ 41.24 million Trade
USDT / USD Bitfinex
$ 1.00
$ 31.60M
$ 31.60 million Trade
BTC / USD Bitfinex
$ 105,800.00
$ 22.46M
$ 22.46 million Trade
All markets

About Bitfinex

Bitfinex Exchange: A Crypto Trading Pioneer

Hey, let’s dive into Bitfinex Exchange! 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!