Bitfinex

Institutional-Grade Crypto Trading With Zero-Fee Deep Liquidity

Available in 8 countries Last verified: Mar 2026
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Founded
2012
Users
1.6M+
Total Funding
$1B
Employees
200-300

🏢 Company Overview

Headquarters
Hong Kong, China
CEO
JL van der Velde
Founder
Raphael Nicolle
Total Funding
$1B
Users
1.6M+
Rating
★ 3.5
AML Compliant GDPR No

ℹ️ About Bitfinex

Bitfinex is a veteran cryptocurrency exchange founded in 2012, offering zero-fee spot, margin, and derivatives trading with 250+ digital asset pairs and deep institutional-grade liquidity across 180+ countries.

Operated by iFinex Inc. and registered in the British Virgin Islands, Bitfinex pioneered professional-grade crypto trading infrastructure.

The platform supports up to 10x margin leverage via peer-to-peer funding, perpetual contracts with up to 100x leverage, tokenised securities through Bitfinex Securities (licensed in Kazakhstan's AIFC and El Salvador), and an OTC desk for large block trades.

Bitfinex is the sister company of Tether (USDT) and issuer of the UNUS SED LEO utility token, which raised $1 billion in a 10-day private sale in 2019. The exchange stores approximately 99.

5% of user funds in offline multisignature cold wallets protected by geographically distributed hardware security modules.

With SOC 2 Type 2 certification, zero maker and taker trading fees introduced in December 2025, and servers hosted in a Swiss data centre, Bitfinex serves approximately 1. 6 million users globally.

The platform provides advanced order types including scaled orders, iceberg orders, and trailing stops, plus customisable chart layouts and a comprehensive REST and WebSocket API ecosystem.

Bitfinex is purpose-built for professional and institutional traders who prioritize execution speed, capital efficiency, and security within a Bitcoin-first trading environment.

⚡ Key Features

Zero maker and taker trading fees
Peer-to-peer margin funding marketplace
Up to 100x leverage perpetual contracts
Tokenised securities via licensed subsidiary platform
OTC desk for institutional block trades
Customisable advanced charting and layout tools

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Zero trading fees exchange-wide
Deep institutional-grade BTC liquidity
SOC 2 Type 2 certified
Longest-running major crypto exchange
⚠️
Weaknesses
Areas to improve
Restricted for US-based users
Lengthy KYC verification process
Limited altcoin selection versus competitors

💬 User Reviews

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🌍 Available In

8 countries
United Kingdom Germany Japan Australia Singapore Switzerland El Salvador Brazil
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