Report post

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.

Related articles

Canadian Authorities Initiate New Project to Combat Crypto Fraud

Canadian Authorities Initiate New Project to Combat Crypto Fraud2024-09-06 09:48:40The Alberta Securities Commission (ASC) has collaborate […]

Canadian Crypto Exchanges Faces Deadline For CIRO Membership

Canadian Crypto Exchanges Faces Deadline For CIRO Membership2024-08-06 23:33:50Canadian crypto exchanges face a looming deadline to comply with new regulations, specifically CIRO membership. With the crypto deadline approaching, exchanges are scrambling to adapt and ensure regulatory compliance. The question arises: are Canadian exchanges urgently pursuing regulatory compliance? This article explores the challenges and opportunities facing Canadian crypto exchanges as they navigate the changing regulatory landscape.

Best Ethereum ETFs In Canada For 2024

Best Ethereum ETFs In Canada For 20242024-08-01 02:52:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms

Canadian Tribunal Strikes Down Bitfarms’ Poison Pill Against Riot Platforms2024-07-25 15:35:16On Wednesday, Bitcoin mining firm Riot Platforms announ […]

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction

Solana ETFs Could Be Approved Without CME Futures: SOL Price Prediction2024-07-21 22:57:17Solana ETFs’ approval prospects and SOL price predictions are gaining momentum, with investors speculating on the potential impact of these funds on SOL’s growth. The outlook is being closely watched, especially during U.S. elections, as market sentiment could shift. While CME futures are not yet a necessity, the ETF approval may serve as a significant catalyst for SOL’s price movement. Stay tuned for updates on this developing trend.

The World's Leading Crypto Trading Platform

Get my welcome gifts