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Bitfinex

Bitfinex is a cryptocurrency exchange founded in 2012. It provides advanced trading features, charting tools, access to peer-to-peer (P2P) financing, an OTC market, and margin trading for a wide selection of digital assets and derivatives trading. Bitfinex's strategy focuses on delivering the best crypto trading experience for professional traders and liquidity providers worldwide through cutting-edge technology.
What is Bitfinex?
Bitfinex is a digital asset trading platform founded in 2012, offering services for cryptocurrency traders and global liquidity providers. It provides advanced trading features, including exchange trading, margin trading, margin funding, over-the-counter markets, and derivatives trading. Bitfinex is registered in the British Virgin Islands and is operated by iFinex Inc.
How Does Bitfinex Work?
Bitfinex operates as a cryptocurrency exchange, facilitating the buying, selling, and trading of various digital assets. Users can engage in spot trading, margin trading with leverage, and margin funding by providing or obtaining loans for trading purposes. The platform also offers over-the-counter (OTC) markets for large trades and derivatives trading for more complex financial instruments.
What Makes Bitfinex Unique?
Bitfinex stands out due to its high liquidity, advanced trading features, and a wide selection of digital assets. It offers around 200 different tokens, 400 spot trading pairs, and over 80 perpetual futures contracts. The platform is designed to cater to both professional traders and institutions, providing a technically superior environment for digital asset trading.
Who Are the Founders of Bitfinex?
Bitfinex was co-founded in 2012 by Raphael Nicolle and Giancarlo Devasini. Raphael Nicolle, an IT technician from Paris, launched Bitfinex following a previous project called Bitcoinica. Giancarlo Devasini, originally a medical doctor, transitioned into the technology sector and co-founded Bitfinex, where he serves as the Chief Financial Officer.

Latest News

What Key Events Have There Been for Bitfinex?
In August 2016, Bitfinex suffered a major security breach resulting in the loss of approximately 119,756 bitcoins. The platform responded by socializing the losses among users and issuing BFX tokens, which were later redeemed or converted into equity. By April 2017, all BFX tokens had been fully repaid or converted. In February 2022, U.S. authorities arrested individuals involved in laundering the stolen funds and recovered a significant portion of the stolen bitcoins.
Project Announcements
In April 2023, Bitfinex was granted a license by El Salvador’s National Digital Asset Commission to operate in the country, allowing it to facilitate tokenized assets. Additionally, in May 2023, Bitfinex announced an investment in the Chilean cryptocurrency exchange Orionx, aiming to expand its presence in Chile and Latin America.

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Where to Buy Bitfinex?
Bitfinex tokens can be traded on the Bitfinex platform itself. Users can deposit various cryptocurrencies or fiat currencies to purchase tokens directly on the exchange.
Bitfinex Price
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Bitfinex Price Prediction
As of now, there are no available forecasts from reliable experts or publications regarding the price prediction of Bitfinex tokens.
How to buy Bitfinex?
To purchase Bitfinex tokens, follow these simple steps using the Bitget Wallet: Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store. Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password. Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods. Navigate to the Market: In the Bitget Wallet, go to the market section and search for Bitfinex tokens to view available trading pairs. Place Your Order: Select the desired trading pair (e.g., Bitfinex/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Bitfinex tokens will be added to your wallet.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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