Coinranking
Coin Listings
All coin listings| # | Coins | | |||
|---|---|---|---|---|---|
| | |||||
| | 1 |  Solana SOL | $ | Trade | |
| | 2 |  Monero XMR | $ | Trade | |
| | 3 |  XRP XRP | $ | Trade | |
| | 4 |  Tether USD USDT | $ | Trade | |
| | 5 |  USDC USDC | $ | Trade | |
| All Coins | |||||
New Coin Listings
| Coins | | | ||
|---|---|---|---|---|
| |  Tether America USD USAT | $ | 4 months ago | Trade |
| |  Rayls RLS | $ | 4 months ago | Trade |
| |  Stable STABLE | $ | 6 months ago | Trade |
| |  Hedera HBAR | $ | 7 months ago | Trade |
| |  Bittensor TAO | $ | 7 months ago | Trade |
| All New Coins | ||||
Markets
About Bitfinex
Launched in 2012 by Raphael Nicolle and now led by JL van der Velde, it’s a centralized crypto platform registered in the British Virgin Islands and operated by iFinex Inc. Known for creating Tether (USDT), it’s a go-to spot for pros and institutions, with a focus on high-volume trading as of June 3, 2025!
Why It Stands Out
- Trading Options: Trade 128–270+ coins and 315–379 pairs like BTC/USD ($101M daily volume) across spot, margin (up to 10x leverage), and derivatives (up to 100x), with a 24-hour volume around $340M–$348M recently.
- Low Fees: Maker fees start at 0.10%, takers at 0.20% for spot; derivatives are 0.020% maker and 0.065% taker. Hold LEO tokens for 15%–25% fee discounts, and deposits are free (wire transfers add 0.10%).
- Neat Features: Offers a mobile app (iOS/Android), Bitfinex Borrow, OTC trading, staking, and advanced APIs—perfect for building custom strategies.
- Wide Access: Open globally (U.S., Canada, Austria, Italy, and others restricted), with KYC tiers unlocking up to 500 BTC/month—verification takes less than 24 hours.
- Top Security: 95%–99% cold storage, 2FA, IP monitoring, and a $100M BitGo insurance policy, though it faced a 2016 hack (119,756 BTC lost, later reimbursed).
Things to Think About
- Regulation Concerns: Licensed lightly in the British Virgin Islands, with past fines ($1.5M CFTC in 2021) for illegal trading—check your region’s rules.
- User Buzz: Some praise liquidity and tools, but posts found on X mention withdrawal delays and KYC issues—treat this as inconclusive sentiment.
- Liquidity Check: $340M–$348M volume is strong, but a -35% drop in 24 hours suggests fluctuations; smaller pairs might be thin.
- U.S. Restrictions: No access for U.S. citizens or residents, and past regulatory scrutiny (e.g., NYAG probe) adds caution.
- Past Hacks: The 2016 breach and $850M Crypto Capital loss in 2018 (partially recovered) hint at historical risks—security’s improved since.
Bitfinex is a solid pick for experienced traders seeking leverage and liquidity, but its regulatory history and restrictions suggest starting small. Check it out at https://www.bitfinex.com!