For me the Bitfinex interface was a bit overwhelming at first but it pays off to learn how to navigate through the site since they oftentimes have the best available price for a large range of traded cryptocurrencies. Also, it’s one of the few places where you can buy IOTA directly for fiat money.
I'll be strait to the point: Verification on Bitfinex can be a pain. Support was really helpful but the process in itself is way to long and unnecessarily complicated. - Now that is of my chest, everything else is good, especially the UI in just a few minutes i was trade-ready, yet it seems like it still has much more to offer under that first simple "layer".
Bitfinex is one of the largest exchanges out there and targeted towards pros. It has a bit of a learning curve, but if you want to trade large amounts of crypto, Bitfinex is probably the place to be.
However, I cannot recommend this exchange for small investors. First they tried to get rid of small investors by requiring a minimum deposit of $10.000. While this limit has been lifted recently, they increased the deposit and withdrawal fees to a minimum of $60 which is kind of a rip-off if you're not transferring tens of thousands of dollars.
A support team very helpful and fast to answer, a wide range of high-quality assets to trade, their platform and API are really sophisticated makes it very easy to use!
Their slow verification system and the 10K USD equity requirement needed to trade which is too high for starting users.Summary:
I simply love Bitfinex I've never had a single problem using them since January 2017, in my opinion, they're better than Binance their rival. If you are new to crypto exchanges but have the money I suggest you start on Bitfinex, I'm sure you will love it here.
Is repeatedly in the criticism because of questionable machinations. Fiat payouts have recently been blocked. Even if their partner bank has problems, this is a NoGo for such a big stock market. They have to solve this differently!
Translated from German. Show Original
Steht zum wiederholte male in der Kritik wegen Fragwürdiger Machenschaften. Fiat Auszahlungen wurden kürzlich blockiert. Auch wenn deren Partnerbank Probleme hat ist das für so eine große Börse ein NoGo. Das müssen sie anders lösen!
Not fantastic, odd procedures more than anything
Was my first Boerse 2017. Was of course too much of a good thing for a beginner. However, it is very easy to understand and has allowed me, among other things, the entry into IOTA. In addition, reliable, priced it is OK and duration of the payout is within the framework.
Translated from German. Show Original
War meine erste Boerse 2017. War natuerlich zu viel des Guten fuer einen Anfaenger. Allerdings ist es sehr leicht verstaendlich und hat mir unter anderem auch den Einstieg in IOTA ermoeglicht. Darueber hinaus zuverlaessig, preislich ist es OK und Dauer der Auszahlung haelt sich im Rahmen.
Value for money and support
Had no issues using this website even as a relative beginner. The trading and the wallet sections are easily understandable and you can find the trading pairs in minutes. I had no need for customer support yet, so I just left 5 stars in that section.
Not the best, but pretty good
My verification process took longer than expected, but it was well worth the wait. Bitfinex really shapes the way people trade at the highest level, making it one of the top level exchanges on the market. High liquidity coupled with a high ammount of tokens really means you can trade almost anything here.
- Lots of available pairs.
- Good Liquidity.
- Slow Verification.
- Withdraw problems now and then.
Even though i think Bitfinex is one of the best platforms for crypto-trading it is not without flaws. The verification is slow and sometimes the withdraws as well. The support team is the jewel and makes those problems bearable. That great team coupled with one of the most liquid markets available make me recommend Bitfinex despite its problems.
A really nice exchange even though their platform may seem a bit hard to use at first because it has lots of trading settings, it compensates by having really low fees and an amazing support team, it only sucks that US citizens can't use it....