Bitfinex: A Pioneer in Digital Currency Trading
Bitfinex, a trailblazer in cryptocurrency trading, has come a long way since its 2012 inception. Despite a significant hack in 2016, it has since bolstered security and consistently ranks among the top 10 global trading platforms, handling billions in daily trades.
Founded in 2012, Bitfinex offers over 170 digital currencies and 400 trading pairs, catering to both retail and institutional clients. It provides spot trading, leverage up to 10x, derivatives trading, and advanced trading apps. Bitfinex's broad order book and strong liquidity give it a competitive edge, making it a major player in Bitcoin liquidity, typically ranking third or fourth among the largest BTC/USD exchanges.
The platform boasts tailored services for institutions, including advanced APIs, prime brokerage services, and an OTC desk. Despite no public information on specific collaborators, Bitfinex's 'Master Your Universe' campaign highlights its strengths in trust, technology, liquidity, and trading tools. It focuses on funds and market makers, offering low fees for high-volume traders.
Bitfinex, owned by iFinex Inc. and registered in the British Virgin Islands, has grown into one of the oldest and most significant cryptocurrency trading platforms. With a robust recovery from the 2016 hack, it continues to rank high in global trading volume, offering a wide range of services and currencies, and maintaining a strong presence in Bitcoin liquidity.
