Bitfinex is a bitcoin and cryptocurrency exchange that offers three main functions. It offers cryptocurrency and fiat trading, offers margin trading, and provides liquidity. Using Bitfinex, you can do things you won’t find on other exchanges – like short bitcoin via margin trading.
- Token Symbol:
- Supported coins:
- Alt Coin Almost
- Some Coin Wallet Address
- Some Coin Wallet Address
- British Virgin Islands
British Virgin Islands
$0.00 or more traded: 0.100% 0.200%
$500,000.00 or more traded: 0.080% 0.200%
$1,000,000.00 or more traded: 0.060% 0.200%
$2,500,000.00 or more traded: 0.040% 0.200%
$5,000,000.00 or more traded: 0.020% 0.200%
$7,500,000.00 or more traded: 0.000% 0.200%
$10,000,000.00 or more traded: 0.000% 0.180%
$15,000,000.00 or more traded: 0.000% 0.160%
$20,000,000.00 or more traded: 0.000% 0.140%
$25,000,000.00 or more traded: 0.000% 0.120%
$30,000,000.00 or more traded: 0.000% 0.100%
The exchange is incorporated in the British Virgin Islands, but maintains offices in Taiwan, London, and Hong Kong. The executive team is based around the world.
In August 2016, the exchange was hacked, leading to the loss of 120,000 BTC. In response, Bitfinex moved from a hot wallet to a cold storage system.
Despite suffering the second largest hack in bitcoin history (after Mt. Gox), Bitfinex continues to be one of the world’s most highest-volume exchanges to this day. As of April 2017, Bitfinex had paid customers back for every dollar stolen during the heist.
Today, Bitfinex is known for offering some of the lowest fees in the cryptocurrency world. Traders who trade less than $500,000 have a maker fee of 0.1% and a taker fee of 0.2%. Fees drop to as little as 0% (maker fee) on 30 day volume over $7.5 million.
Bitfinex offers the most liquid exchange in the world, allowing users to easily exchange Bitcoin, Bcash, Ethereum, Iota, NEO, Litecoin, EOS, Dash, Ripple, BTG, Monero, Zcash, Ethereum Classic, OmiseGO, ETP, Santiment, Qtum, Eidoo, Streamr, and Aventus against USD or BTC with minimal slippage. We also boast a suite of order types to help traders take advantage of every situation.
Bitfinex allows for users to trade with up to 3.3x leverage by receiving funding from the peer to peer margin funding platform. Users can enter an order to borrow the desired amount of funding at the rate and duration of their choice, or they can simply open a position and Bitfinex will take out funding for them at the best available rate at that time. For more information on our Margin Trading feature.
Margin Funding Market
The margin funding market provides a way to earn interest on Euro, US Dollar, Bitcoin, Bcash, Ethereum, Iota, NEO, Litecoin, EOS, Dash, Ripple, Monero, Zcash, Ethereum Classic, OmiseGO, ETP, Santiment, and Eidoo by providing funding to traders wanting to trade with leverage. Users can offer funding at the rate and duration of their choice, or they can simply lend at the FRR (Flash Return Rate). In addition users can use our Auto-Renew feature to renew their offers automatically upon expiry. For more information on our Margin Funding feature.
Bitfinex offers our users a suite of order types to give traders the tools they need for every scenario. We currently offer the following order types:
An order to buy/sell at a specified price or better.
An order in which a buy or sell order to be executed immediately at current market prices.
An order to sell or close your position once the market reaches a certain price.
A stop order that can be set to execute once the market goes against you by a defined price, called the price difference. Trailing–stop sell orders are used to maximize and protect profit as a stock's price rises and limit losses when its price falls.
Fill or Kill
This type of order is a limit order that must be filled in its entirety or canceled (killed). The purpose of a fill or kill order is to ensure that a position is entered at a desired price.
One Cancels Other (OCO)
This option allows you to place a pair of orders stipulating that if one order is executed fully or partially, then the other order is automatically canceled. A one-cancels-the-other order combines a stop order with a limit order. This option allows you to place both take profit and stop loss targets for your position (only for limit orders).
"Post Only" limit orders are orders that allow you to be sure to always pay the maker fee. When placed, a "Post Only" limit order is either inserted into the order book or cancelled (only for limit orders).
A hidden order is an order which does not appear in the order book and thus doesn't influence other market participants. See the fees page for minimum size and fee applicable.
A Partially hidden order where a user customizable amount is visible on the book, with the rest being hidden.
Time Weighted Average Price is an order that will divide into multiple orders for a specified amount over a specified time period.
Bitfinex allows to set up your preferences and organize the workspace according to your needs
Switch anytime bewteen Dark and Light theme
- Compose the Trading Sidebar and choose its side (Left or Right)
- Manage tickers navigation and save preferences
- Organize and sort the Order Book columns
- Set your table preferences
Set up in browser notifications and custom sounds alerts