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Bitfinex

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Bitfinex is a centralized cryptocurrency exchange owned and operated by iFinex Inc. The exchange was founded in 2012, is headquartered in Hong Kong, and registered in the British Virgin Islands. 

Bitfinex is one of the world’s leading cryptocurrency exchanges with an adjusted daily trade volume of $130,337,046 at the moment of writing. The exchange offers crypto-to-crypto trading for all the major cryptocurrencies as well as a wide array of altcoins and stablecoins. Additionally, Bitfinex also features multiple fiat trading pairs as well as fiat on-ramps and off-ramps for USD, EUR, GBP, and JPY. 

The Bitfinex trading platform is rich with features including a highly liquid order book with minimal slippage for trading cryptocurrencies. It also features margin trading with up to 3.3x leverage as well as margin funding for added liquidity. For advanced traders, they can execute multiple order types including limit, market, stop, trailing stop, kill or fill, one cancels other (OCO), post only, and hidden order. Even more, the exchange features a customizable trading interface, professional connectivity, corporate accounts and professional trading, API integration, and a plethora of advanced charting tools. 

As for Bitfinex’s security, the exchange is centralized and therefore susceptible to centralized hacks and attacks. However, the exchange has implemented some of the best security measures in the industry. Bitfinex offers users two-factor authentication (2FA), universal 2nd factor (U2F), advanced verification tools, withdrawal protection, advanced API key permissions, and email encryption with openPGP. Moreover, the majority of crypto assets held by the exchange are stored offline in cold storage wallets. 


Why I'm Not Worried About the USDT Crap

22 Sep 2022 1 minute read 2 comments Alucard0x

So some stupid ass judge thinks she's going to save humanity by ordering Bitfinex to prove its $USDT backing. You're not helping anyone, you stupid bitch, so why the fuck don't you worry about all these rapists getting slaps on the wrist? Auditing Bi...

How to Join Bitfinex Exchange

3 Jul 2022 1 minute read 3 comments AndrewCF

Bitfinex is an exchange that is at number eight in Coinmarketcap ratings of cryptocurrency exchanges based on daily volume at the time of writing.  It is one of the older exchanges and has been operating since 2014 with a very respectable rating of ...

The Suspected Couple Behind the Bitfinex Hack Arrested

20 Feb 2022 4 minute read 2 comments MintDice.com

In the cryptocurrency world, hacks are commonplace. It seems like every day you hear of another hacker getting ahold of thousands or millions of dollars because of some sort of blockchain or platform weakness they are able to take advantage of. In m...

The Greatest BTC Crime In History: What A New Netflix Documentary Will Be About?

16 Feb 2022 2 minute read 0 comments StealthEX

Filming awkward TikTok videos and stealing billions of dollars at the same time. Can one person combine such diverse things? This unique story proves that everything is possible, especially if this person has a partner in crime.  Heather Morgan, with...

Bitcoin and the Story of Antifragility #5 - Big Losses at Bitfinex

15 Feb 2022 4 minute read 0 comments hifi.bitcoin

Read now to learn how custodying your Bitcoin with a cryptocurrency exchange can never be totally safe, no matter the level of security the exchange offers. Lonny was frantic. He was searching for a clue on his phone and in his email, but was coming...

This is going to be interesting: Netflix will cover the Bitfinex hack with an upcoming film

12 Feb 2022 1 minute read 3 comments LeftFooted

The Cointelegraph, one of the most influential crypto news outlets out there, reports that Netflix has officially announced the production of a docu-film covering the Bitfinex hack and the New York-based couple that reportedly perpetrated the hack an...

Here's the Weird Couple Who Was Arrested for the Bitfinex Money Laundering Scheme

11 Feb 2022 4 minute read 5 comments Allen Taylor

Cofounder Vitalik Buterin says Ethereum may never be very much faster than it is now. Coinbase pulled the “how to buy” instructions on three cryptocurrencies after ‘rug pull’ warnings. Morgan and Lichtenstein sounds like the name of a personal injury...

The U.S. Department of Justice Recovers $3.6 Billion Stolen in Bitfinex Hack, Bitfinex Token Surges

10 Feb 2022 1 minute read 0 comments DailyCoin

Visit DailyCoin for more articles One of the biggest crypto exchange hacks in history happened in August 2016 when 119,754 Bitcoin was stolen from Hong Kong-based crypto exchange, Bitfinex. The tokens were worth over $60 million in 2016, or a sta...

Unus Sed Leo in focus, a token built to be destroyed

14 Dec 2021 2 minute read 0 comments Austras

Some tokens and coins claim to be "unique", offering burn mechanics, repaying the community or a running a specialized smart contract. Unus Sed Leo or just LEO token is unique. It started with a loss of 850 million dollars and the idea that the token...

El Salvador continues to innovate and advance due to BTC

24 Nov 2021 2 minute read 0 comments Keith Thuerk

El Salvador continues to innovate and advance due to BTC   Nayib Bukele the El Salvador President has a vision to lead his country and the World with BTC. Are you aware that in the past 10-days El Salvador bought the dip and added 500 more BTC to the...