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About Bitfinex

Bitfinex, founded in 2012, is a leading cryptocurrency exchange serving professional traders and institutional investors. With high liquidity, advanced trading tools, and various financial products, it holds a significant position in the crypto market.

Country and Headquarters

Bitfinex was initially established in Hong Kong and is currently headquartered in the British Virgin Islands. However, it operates globally with teams in various countries.

Service Scope

Bitfinex offers over 100 cryptocurrency pairs and provides services such as spot trading, margin trading, derivatives, staking, and a lending market. It also offers an OTC (over-the-counter) trading platform ideal for large-volume transactions.

User Statistics

Bitfinex is particularly popular among professional traders and institutional investors. The platform's daily trading volume averages between $1-3 billion. The majority of its user base consists of experienced cryptocurrency investors.

Key Features

High liquidity especially in BTC, ETH and USD pairs
10x leverage margin trading
Advanced charting tools and technical analysis options
Comprehensive API support and infrastructure suitable for trading bots
Cryptocurrency lending market (P2P lending)
Security measures (Multi-signature wallets, 2FA)
Customizable user interface
Institutional-grade customer support

Regulation and Security

Bitfinex stores the majority of user funds in cold wallets and uses multi-signature technology. Although the platform has experienced security breaches in the past, it has significantly strengthened its security infrastructure since then.

Bitfinex Token (LEO)

UNUS SED LEO (LEO) is Bitfinex's native token that provides discounts on trading fees on the platform. The token also offers various benefits within the Bitfinex and iFinex ecosystem. LEO tokens are regularly burned to reduce supply.

Trading Features

Bitfinex supports advanced order types including limit orders, market orders, stop orders, trailing stops, and iceberg orders. The platform also provides powerful tools for algorithmic trading and allows users to implement their own trading strategies.