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Author Topic: Is Bitfinex a good exchange for trading? [Exchange review]  (Read 237 times)
FanEagle
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November 15, 2019, 05:36:28 PM
 #21

I highly recommend bitfinex exchanges for crypto trading, because one of the exchanges has real volume. I used to trade on bitfinex
often because the display is very good and the features are very easy to use. But lately this is more convenient trading in binance,
does not mean bitfinex is bad. But this is just a matter of taste, if there are traders who have never traded on bitfinex I suggest to try it.
Because it will definitely feel something different compared other trading exchanges.
Sure, bitfiniex has not really done anything that will make us to doubt them except this their issue of tether than I am not very much comfortable with which I think they are using it to manipulate the market but I cannot really judge them based on what I am not so sure of, so they still remain one of the greatest exchange till they are proven otherwise, but I will prefer to stick with binance.

Aside from the issue of hacking that happened to them the last time which they too never expected anything of such. In term of great platform and a smooth-running operation, they remain the best and they also have one of the best tokens that anyone can invest in the market for now. There are still other great exchanges like kucoin, okex and many more that tends to want to compete with bitfiniex.

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rose9696
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November 15, 2019, 08:22:19 PM
 #22

Hi Everyone!

I hope you're having a great week so far. I wrote up a comprehensive review of Bitfinex where I discuss the different aspects of the exchange and provide a review.

You can find the review here:

Is Bitfinex still a good exchange for cryptocurrency trading?


Check out the review and let me know what your thoughts are about Bitfinex! I would love to hear what you think. It would be very helpful for new traders who are exploring the possibility of using Bitfinex for their exchange.

Looking forward to it!


Bitfinex has been trusted to be a qualified exchange and one of the largest exchanges in the crypto market. It has absolutely enough facilities to pay and you don't have to worry so much about it.
or if you are still worried about the previous news about the SEC accusing Bitfinex of using USDT to manipulate the market, you can look to Binance. It will definitely no longer worry you with very high volumes.

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cered
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November 19, 2019, 10:38:18 AM
 #23

Well, Bitfinex is a great exchange, but quite old right now. Reliable, but not innovative. I prefer pretty new exchanges with huge potential to become powerful. Check out for example CoinDeal this is exactly what I'm talking about. It's safe and progressive in the same time. Recently, they have launched their new mobile app so you can check it.
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November 20, 2019, 11:26:29 AM
 #24

Well, Bitfinex is a great exchange, but quite old right now. Reliable, but not innovative. I prefer pretty new exchanges with huge potential to become powerful. Check out for example CoinDeal this is exactly what I'm talking about. It's safe and progressive in the same time. Recently, they have launched their new mobile app so you can check it.

Speaking from the perspective of a regular exchange user, Bitfinex is a good option. At the moment, I am pleased with the functionality that the exchange represents. Moreover, most other users speak well of Bitfinex. The link confirms this - https://revain.org/exchanges/bitfinex. Of course, there is a small fraction that writes negative reviews. I cann't say anything about this, since in my case there were no negative incidents with this exchange.
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