Bitfinex

Bitfinex
Country China
Since 16.07.2013
Website URL Link
Languages
Pairs 15
Affiliate Program No
User Reviews 0 / 0

Bitfinex (bitfinex.com) is a major cryptocurrency platform, the third largest in terms of turnover. IFINEX BVI, a Hong Kong-based company is the operator of the platform. Bitfinex offers a margin trading option, which is hard to find anywhere else. Traders take cryptocurrencies or USD from users who act as liquidity providers. The fee, charged for the use of funds, is a reward for the investors.

There are 3 types of accounts:

  • 1) Exchange. Basic trading account for trading without leverage;
  • 2) Margin Trade. Funds placed in this account serve as a guarantee in trading operations. Trading is not what these accounts are used for. All trading operations are carried out with funds borrowed from investors. A trader cannot withdraw investors' funds, they can only be used for trading. Any trade operation must be a closed counter transaction.
  • 3) Total Return SWAP. Funds, stored in an investor's account, can be lent to traders (for at least 2 days, and 30 days at most). The fee for using borrowed funds is deducted from the trader's margin account and credited to the liquidity provider's account 1 time per day. Bitfinex charges 15% of this payment. Traders have the option of returning borrowed funds whenever they want.

Reviews

There are no reviews for this trading platform. You can be the first one to review this service and tell us about your experience with this trading platform.

Please Authorize or Register to add a new review for this service.

    Current Rates

    A list of supported currency pairs and corresponding rates.

    Pair Rate Δ % Volume Δ V Spread
    BTC/USD 1117.8000 2.4377 25346.8833 75.9135 0.1000
    ETH/BTC 0.0114 0.0000 444.1568 0.0000 0.0000
    ETH/USD 12.7870 0.0000 406.0308 0.0000 0.0240
    BFX/USD 0.8336 0.0000 221.2679 0.0000 0.0087
    BFX/BTC 0.0008 0.0000 114.8701 0.0000 0.0000
    ETC/BTC 0.0011 0.0000 103.0711 0.0000 0.0000
    ETC/USD 1.2450 0.0000 80.2221 0.0000 0.0015
    XMR/BTC 0.0111 0.0000 79.5178 0.0000 0.0000
    XMR/USD 12.3880 0.0000 69.3652 0.0000 0.1040
    LTC/BTC 0.0034 -1.8343 61.8124 218.7867 0.0000
    LTC/USD 3.8573 1.4252 49.5997 -47.5085 0.0239
    ZEC/BTC 0.0269 0.0000 27.5326 0.0000 0.0001
    ZEC/USD 30.0570 0.0000 11.3855 0.0000 0.0880
    RRT/USD 0.1454 0.0000 1.0306 0.0000 0.0078
    RRT/BTC 0.0001 0.0000 0.0058 0.0000 0.0000

    Trading Volume

    Distribution of the trading volume involving the supported currency pairs.

    Audience Geography

    Where are this site's visitors located?
    Visitors by Country
    Country Percent of Visitors Rank in Country
    United States 16.3% 29503
    Korea 9.3% 7181
    Russia 8.9% 17142
    Italy 5.8% 9452
    Egypt 3.3% 7082
    Ukraine 3% 10179
    Venezuela 2.9% 4573
    Turkey 2.5% 18784
    Pakistan 2.5% 12360
    Japan 2.4% 50594

    News and Tweets

    Below you can find news and recent tweets related to this trading platform. This information was obtained from various sources.