Bitfinex

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Bitfinex Fees

Free deposit fees. Bitfinex charges a 0.1% trading fee for standard users and reduced trading fees for high individual trade volumes.

Services available 

worldwide, except for the following countries: Bangladesh, Bolivia, Ecuador, Kyrgyzstan, United States of America.

7.5 Total Score

Founded in 2012, Hong Kong based Bitfinex is one of the top 5 major exchanges for cryptocurrencies. Since 99.5% of its clients’ funds are backed up in a cold storage, Bitfinex is seen as one of the most reliable exchanges within the crypto community.

Security
9
Beginner Friendliness
4
Customer Support
5
Fees
9.5
Available Cryptocurrencies
9
PROS
  • established and reliable exchange
  • funds possible with cryptocurrencies as well as Fiat currencies such as USD, EURO, GBP and JPY
  • offline, multi signature cold storage security architecture
  • competitive fees
  • supports multiple order types (for advanced users)
  • exchange, margin and funding wallet (for advanced users)
  • ethical (refunded all losses suffered from the 2016 hack)
CONS
  • only e-mail support
  • intransparent company structure
  • ID verification process needed (no instant registration)
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