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What is Bitfinex and how does it work?

Founded in 2012 and registered in the British Virgin Islands, Bitfinex has become the world’s largest cryptocurrency exchange by Bitcoin trading volume.

How bad is Bitfinex on Trustpilot?

Based on customer reviews, Bitfinex has a 3.2/5 star rating on TrustPilot, with several users complaining about the difficulties with account verification. In 2016, Bitfinex suffered an exchange attack that led to the loss of approximately 120,000 Bitcoin tokens worth $623 million at the time of the hack.

Why is Bitfinex the best order book in the world?

Bitfinex provides users the most liquid order book in the world. Higher volume is essential for traders because it ensures a lower spread, which is the difference between the best bids and the ask prices.

How long does it take to withdraw from Bitfinex?

Transfer Limits. There are no listed deposit or withdrawal limits on Bitfinex and several investors on different forums have stated that they’ve had no issues with limits. Cryptocurrency withdrawals can take up to 12 hours but having certain security features set-up on your account can speed up this process.

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