In this Bitfinex Review Exchange 2021 guide, we will discover the pros and cons of Bitfinex crypto exchange platform.
Bitfinex Exchange was founded in 2012, in Hong Kong. Since Its beginning, Bitfinex has expanded into several countries catering to traders worldwide.
As a peer-to-peer cryptocurrency exchange, the exchange operates as a margin lending platform with support for numerous cryptocurrencies.
Bitfinex also supports some widely-used fiat currencies such as USD, EUR, JPY, CNH, GBP, etc.
Bitfinex Pros and Cons
Pros
Bifinex was built with privacy in mind, hence it's safe to use
Availability of many payment options
Unlimited withdrawals
User-friendly mobile app
supports easy verification
Cons
Deposits paused
Customers are hesitant to use it leading to the previous attacks
To conclude, Bitfinex is known as of the top-notch cryptocurrency and digital assets trading platforms. Bitfinex offers margin trading, derivative trading, and many more services for traders.