Bitfinex Review: Scam and Fake or not?
Bitfinex is a well-known crypto exchange, also offering several other products such as staking and lending.
But is Bitfinex a scam?
No, it is not: According to our experience and review, Bitfinex is a safe crypto exchange.
This is everything you need to know about this crypto exchange at a glance:
|Address||Third Floor, Jayla Place, Wickhams Cay I, Road Town, VG1110, British Virgin Islands|
|CEO||Jean-Louis van der Velde|
|Founder||Giancarlo Devasini, Raphael Nicolle|
|Contact||Live Chat, Ticket System|
|Markets||Spot, Margin, Derivates|
|Services||Staking, Lending, Borrowing, OTC, Academy, API|
|FIAT||USD, EUR, GBP, JPY, CNH|
|Payment Methods||Credit Cards, Wire Transfer|
|Fees||0% to 0.10% maker fees, 0.055% to 0.20% taker fees, several discount options, other fees might apply for different services|
|App||Bitfinex: Trade Digital Assets, available for iOS and Android|
|KYC||Verification levels: Basic Access (view only), Basic Plus, Intermediate, Full|
|Languages||English, Russian, Chinese, Traditional Chinese, Spanish, Turkish, Portuguese|
What profi say about Bitfinex and crypto investing:
Bitfinex, established in 2012, is among the world's leading cryptocurrency exchanges, known for offering advanced trading features, various cryptocurrencies, and a high degree of liquidity. Hailing from Hong Kong, Bitfinex has seen its fair share of challenges and controversies but remains a key player in the cryptocurrency trading ecosystem. Its legitimacy and vast offering make it a top choice for many seasoned traders. However, its complex interface and advanced tools can be overwhelming for beginners. Those new to the crypto realm might find it beneficial to lean on automated trading bots or platforms where seasoned brokers trade on their behalf, often enhancing the potential for profitability. With the assistance of experienced traders or sophisticated algorithms, it's possible for users to invest a foundational amount, such as $250-500, and see substantial daily returns, occasionally as high as $1500. Nevertheless, the crypto domain is known for its volatility, so it's vital to approach with caution and be well-informed before making investment decisions.