A closer look on Bitfinex Crypto Exchange

in #crypto6 years ago

Bitfinex
Bitfinex is Hong Kong Based Startup about cryptocurrency exchange, specialized for crypto trading. Bitfinex facilitates their user to do trading with USD to Bitcoin and other 7 currencies few of them are Altcoins, Monero and Ethereum. Bitfinex is the leading exchange for USD- Denominated Bitcoin Trading. Bitfinex also allows leveraged trading. If we talk about their volume so Bitfinex has the most volume of ant bitcoin exchange. Bitfinex has been the world largest exchange by volume since Chinese bitcoin exchanges were forced to charge trading fees. Bitfinex is the only site which have zero trading fee charges till they were forced to charge trading fee.

Bitfinex Hack
In August 2016 the bitfinex got hacked by the hackers and the stole 120,000 Bitcoin( Worth $72 Million USD + at That Time ).
How did Bitfinex handle the hack ?

  1. Bitfinex despite the certain user accounts being affected they equally shared their losses on all the users accounts and also promised that they will help them in future.

Bitfinex Repay all the customer losses in 2017 and full fill their promises with their user and show a good face of business this is the thing that still people trust on them and still working on their exchange and they have top USD to BTC dominance on trade. After that incidence they also secure their network and hired world top specialist for their exchange and also make their own cold servers.

Bitfinex Support.
Bitfinex has best interface and support, the website is really easy to use, their support team literally answer you’re each and every question with in 2 days. If you want to trade with USD so you must join bitfinex. They also announced digital asset fix gateway Plus there are so many trading pairs that can be traded directly via USDT. The addition of recent coins such as XLM, XVG, KNC, VEN has made profits even higher for their user.

How to trade on Bitfinex.

The trade on bitfinex is easy you just need to sign up your account only by providing your email address and them click the support tab at the top of the interface, than click on “Tours And Guides” Option and follow their interactive guidelines.

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