BitFinex Exchange Review by FXEmpire
Based in Hong Kong, Bitfinex is one of the leading cryptocurrency exchanges in the world that is geared towards cryptocurrency investing and trading. It is managed by iFinex Inc and it deals in BTC/USD and 7 other major Altcoins such as Ethereum and Monero. By volume, Bitfinex is currently the largest cryptocurrency exchange in the world, especially when the Central Bank of China decided to impose trading fees on cryptocurrency trading. This, in essence, resulted in Chinese cryptocurrency exchanges being unable to compete with other major cryptocurrency exchanges around the world. The ruling by the Central Bank of China also effectively ended the practice of Chinese cryptocurrency exchanges of “wash trading”, a process of reporting artificially inflated trading volumes. As such, Bitfinex is viewed by the cryptocurrency community as one of the more reliable cryptocurrency exchanges around.
source
Its really interesting how some platforms end up becoming huge and popular and others fall by the wayside. I ended up switching permanently from Bitmex to Bitseven and I havent looked back
Good video! I read the reviews about Bitfinex on https://revain.org/exchanges/bitfinex , and I should say, most people find it to be a good trading platform. Personally I haven't tried it yet as I'm new to cryptocurrency world. Thanks for sharing this info, it is useful for me, because I want to find out more about Bitfinex before I start using it.
this explonation is good, but also I would watch the full review of bitfinex app
I've heard about their launch of ethfinex and eosfinex, hopefully the limit deposit will be lower than on bitfinex but everything other's the same
didn't know bitfinex is leader by the volume
i thought binance is
Now Bitfinex occupies the top lines of the ratings and there are reasons for that.
No wash trading, coins are normal, fees are not high, Bitfinex suits my demands
Is OTC on Bitfinex available?
After your review I went to try bitfinex. I really liked the interface, now thinking about moved to bitfinex from huobi.
Thank you! I use btx for a year already, really good for the profis.