Bitfinex Review and Exchange Rates
Bitfinex is a cryptocurrency exchange based in Hong Kong and registered in the British Virgin Islands. Bitfinex launched its exchange services in 2012.
Despite their hacking issues in the past, Bitfinex consistently ranks among the top exchanges in terms of daily trading volumes and is one of the most well-known cryptocurrency trading platforms in operation today. Bitfinex aims to be the top destination for seasoned cryptocurrency traders across the globe.
📈 Bitcoin conversion table
|Amount / Currency||BTC to USD||BTC to EUR||BTC to GBP||BTC to JPY||BTC to CNY||BTC to AUD||BTC to HKD||BTC to KRW|
Bitfinex exchange charges different fees for trading, for deposits, and for withdrawals.
If you use Bitfinex for trading, the fees are different for takers and makers. The maker fee is 0.1% and the taker fee is 0.2%. These trading fees are gradually decreasing depending on the trading volume in the last 30 days.
Deposit fees are free for crypto and Stable coin deposits. If a customer deposits more than $1000 equivalent, Bitfinex offers a 0 deposit fee for fiat. The deposit fee for BTC and ETH is 0.0004 and 0.0135 ETH. Bitfinex withdrawal fee is the same as the deposit fee for most cryptocurrencies. Fiat withdrawal fee is 0.1% of the deposit amount (min 60 USD/Euro).
Which local currencies does Bitfinex support to buy and sell Bitcoin?
You should take into account that most bitcoin exchanges don’t offer trading with every fiat currency. In addition to the transaction fee, you may also be subject to a conversion fee, depending on the available trading pairs that are accepted by the bitcoin exchange.
On Bitfinex these are currently the pairs available to directly trade Bitcoin: