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.

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    Current Rates

    A list of supported currency pairs and corresponding rates.

    Pair Rate Δ % Volume Δ V Spread
    BTC/USD 891.1500 0.0180 22599.0105 -6.0980 0.3400
    ETH/BTC 0.0114 0.1300 1692.4288 35.7326 0.0000
    ETH/USD 10.1930 0.0927 700.1439 -20.6631 0.0460
    BFX/USD 0.6406 0.8329 365.3127 35.4049 0.0093
    ETC/BTC 0.0013 -1.0389 168.5096 -19.4837 0.0000
    XMR/BTC 0.0138 3.8624 163.1753 57.9250 0.0000
    XMR/USD 12.2310 3.8499 132.2129 15.3234 0.1810
    ETC/USD 1.1969 -1.0803 128.1405 35.9607 0.0080
    LTC/USD 3.8799 -0.9518 92.6014 19.7640 0.0206
    LTC/BTC 0.0044 -1.1017 65.0408 -10.1251 0.0000
    BFX/BTC 0.0007 0.6641 25.5432 -29.5130 0.0000
    ZEC/BTC 0.0485 -2.0777 20.5567 3.4592 0.0004
    ZEC/USD 43.6300 -0.9188 1.9341 -51.1862 0.5660
    RRT/USD 0.0488 1.0990 0.8668 35.6847 0.0021
    RRT/BTC 0.0001 -0.4057 0.3614 71.1583 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
    Bolivarian Republic of 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.