Bitfinex

Bitfinex Exchange Description

BitFinex offers three main functions - it is a pure bitcoin to fiat exchange, a margin trading exchange and a liquidity provider. The platform offers a number of features available that expand the financial positions you can take - for example, the ability to short Bitcoin via margin trading.  The exchange also offers a set of other cryptos apart from bitcoin such as Litecoin and Ethereum.  Deposits and withdrawals take place via the standard bank transfer mean with fees of 0.1% and a minimum of $20. Bitcoin and Litecoin are free. BitFinex takes security seriously and has moved from a hot wallet cold wallet set up to segregating customer funds where each user has access to their own wallet which they can review on the blockchain. Bitfinex was hacked on 03 August 2016 and around 120,000 BTC were stolen. Bitfinex.com is a prominent cryptocurrency trading platform. It allows users to exchange several cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and others and supports a number of professional trading features, such as margin trading.

Bitfinex Fees & Deposit Methods

Crypto: 0% Bank wire: 0.100% of the deposit amount, with a minimum fee of $20.00

Withdrawal Methods

Bitcoin: 0.0004 BTC Bitcoin Cash: 0.0001 BCH Ether: 0.01 ETH Ether Classic 0.01 ETC Omisego: 0.1 OMG Litecoin: 0.001 LTC Eos: 0.1 EOS Dash: 0.01 DSH Ripple: 0.01 XRP Monero: 0.01 XMR Zcash: 0.001 ZEC Santiment: 0.1 SAN TetherUSD: 2.0 USD Iota: FREE Bank wire: 0.100% of the withdrawal amount, with a minimum fee of $20.00 Express bank wire (within 24 hours on business days): 1.000% of the withdrawal amount, with a minimum fee of $20.00

Country

British Virgin Islands

Bitfinex Contact & Address

Unknown