AFSARegulated
Kazakhstan Crypto Asset Exchange License (CEX)
Bitfinex
Regulated in Kazakhstan
Crypto Asset Exchange License (CEX)
Global Business
Basic Information
Country/RegionThe Virgin Islands
Exchange AbbreviationBitfinex
Company NameiFinex, Inc.
Operating Period10-15 years
Websitehttps://www.bitfinex.com/
Exchange TypeCentralized Exchange
RiskNotice
3 risk alerts
CNADRegulated
Salvador Crypto Asset Exchange License (CEX)
SCBRegulated
Bahamas Crypto Asset Transfer License (MTL)
Asset Reserves
Exchanges with reserves exceeding 96.71%
3 /100
$18,980,000,000
BTC$11.52B
Capital flows
Exchanges with 24H inflows exceeding 96.29%
3 /100
+$186,584,078.65
0.97% StableTrading Volume
Exchanges with 24H trading volume exceeding --
0 /100
$247,930,000
12.04% Official Token
LEO
Leo
Issue Time
2021-12-14
Recently destroyed (pieces)
--
Total destroyed (pieces)
--
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| BTC/USDT | $78,988.73 | 2.14% | $82,127,971.21 | $242.86K/$177.43K | 547 |
| ETH/USDT | $2,480.38 | 1.36% | $33,978,629.43 | $194.18K/$128.45K | 531 |
| XRP/USDT | $1.48 | 1.72% | $25,871,701.49 | $137.58K/$106.99K | 492 |
| XAUt/USDT | $4,619.13 | 0.52% | $5,096,391.52 | $137.13K/$219.90K | 522 |
| SOL/USDT | $96.05 | 0.90% | $4,817,740.64 | $44.67K/$39.47K | 439 |
| UDC/USDT | $1.00 | 0.01% | $3,937,088.72 | $454.81K/$231.34K | 543 |
| EUR/USDT | $1.16 | 0.35% | $2,892,127.26 | $257.88K/$71.21K | 421 |
| XMR/USDT | $436.23 | 2.22% | $1,793,160.77 | $111.67K/$150.69K | 425 |
| LTC/USDT | $52.02 | 0.72% | $694,600.07 | $47.62K/$72.53K | 432 |
| ADA/USDT | $0.22010551 | 2.10% | $352,375.81 | $80.46K/$99.21K | 439 |
Exchange Overview
Exchange Overview
What Is Bitfinex?
Bitfinex is one of the oldest cryptocurrency exchanges, founded in 2012 and operated by the Hong Kong-based company iFinex Inc. Tether (USDT), the largest stablecoin by market cap, is also owned by iFinex Inc. The centralized exchange (CEX) platform was designed for professional traders and institutions, with support for both fiat and crypto. The exchange is considered one of the most liquid for BTC pairs and other major altcoins like ETH and XMR. To protect user assets, the platform offers both two-factor authentication and IP address monitoring.
The exchange focuses on professional traders and investors with experience, offering platform users the ability to engage in margin lending, margin funding, paired trading, over-the-counter (OTC) trading and more. Besides spot and margin trading, Bitfinex also offers various other products, such as: Bitfinex Borrow, Bitfinex Pay, Bitfinex Pulse, Affiliate Program, API and its native utility token — UNUS SED LEO, amongst others.
Who Are the Bitfinex Founders?
Bitfinex was co-founded in 2012 by Raphael Nicolle and Giancarlo Devasini.
Nicolle started his career as an IT technician and worked as a system administrator at Gutenberg Networks. Afterwards, he focused on the Bitcoin ecosystem and started developing Bitfinex based on the Bitcoinica trading platform code.
Devasini is the serving CFO. He graduated from Milan University as a Doctor of Medicine but developed a passion for technology and entered the computer hardware business. He founded Point-G Srl and then Solo SpA. In 2012, Devasini met Raphael Nicolle and joined Bitfinex, running its trading and risk management operations.
Where Is Bitfinex Located?
The company is registered in the British Virgin Islands and based in Hong Kong.
Bitfinex Restricted Countries
Bitfinex restricts access to Iran, North Korea, Cuba, Syria, Crimea, Donetsk People's Republic and the self-proclaimed Luhansk People's Republic. U.S. citizens, citizens or residents of Canada, the British Virgin Islands, the Government of Venezuela and residents of Austria or Italy are also prohibited from accessing the exchange.
What Coins Are Supported on Bitfinex?
Bitfinex supports a wide array of trading pairs and 270+ cryptocurrencies, among them: BTC, ETH, USDT, SOL, LTC, XRP, EOS and many other options.
How Much Are Bitfinex Fees?
Bitfinex offers zero-fee trading across spot, margin, derivatives, securities, and OTC. No tiers, no volume thresholds.
Visit bitfinex.com/fees for the full schedule.
Is It Possible To Use Leverage or Margin Trading on Bitfinex?
On the platform, qualified users (basic plus verification level and above) have the option to trade up to 10X leverage, receiving funds through its peer-to-peer (P2P) margin funding platform.
Business Region
InfluenceA0
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10
News
102
What is the Reason for Bitcoins Stagnation？ What is Needed for an Uptrend？ Bitfinex Analysts Explain and Share Critical Levels!
Bitcoin, the leading cryptocurrency, fell to its lowest level in two weeks, around $62,000, amid fears that the Federal Reserve, under its new chairman Kevin Warsh, will adopt a more hawkish policy. At this point, the market is focused on whether $BTC can hold the $60,000 support level, and an updated analysis has come from Bitfinex analysts. Bitfinex analysts stated in their latest Bitfinex Alpha report that the current cryptocurrency market environment is being reshaped by changing Fed expectations and inflation risks. According to the analysts, these factors have created short-term pressure on risky assets such as gold and $BTC. However, despite this, $BTCs base level has remained solid. According to Bitfinex analysts, on-chain data indicates that neither buyers nor sellers have firm control over the market. It also suggests the market is in a period of uncertainty rather than a sustained downturn. In this context, $BTC is struggling to find direction and is stuck between $60,000 and $72,000. Bitcoin is trading sideways due to the lack of necessary catalysts for an uptrend. The report also noted that conditions such as spot ETF inflows and a shift to negative funding rates are necessary for a short-term uptrend, but have not yet materialized. Finally, Bitfinex added that
Bitfinex Report Highlights Tokenization as the Key to Venezuelas Economic Rebuild
In a recent report, Bitfinex Securities highlights the relevance of tokenization in modernizing and streamlining Venezuelan market operations, democratizing investment options for companies facing capital-raising difficulties and investors seeking access to markets traditionally managed by large institutions. Key Takeaways:Bitfinex says tokenization could help Venezuelan firms raise $50M+ despite a market with only 40 listings.Aaron Olmos sees tokenization attracting global capital in 2026, boosting Venezuelas recovery.Jose Grasso Vecchio says tokenized assets need compliance first; regulation is the next hurdle. Bitfinex Report: Tokenization Might Drive Internationalization of Venezuelan Markets Forward In its Securities Latin America Market Inclusion Report, Bitfinex Securities has highlighted the tokenization opportunities arising in Venezuela after the arrest of President Nicolas Maduro in January. According to experts, this tech might help prop up traditional stock markets, like the Caracas Stock Exchange, and assist companies needing significant capital to reach international markets, sidestepping the low volumes and restrictions of the index, which has participation from only 40 companies. Jose Miguel Farias, a fundraising consultant, stressed that any company raising large amounts of funds, from $30 million to $50 million, would be “aiming for an amount that represents a significant fraction of what the local market moves in several months.” Economist Aaron Olmos highlights that tokenization might
Bitfinex revives tokenized bonds targeting crypto-native yield seekers
Bitfinex Securities said on Monday it will resume issuing tokenized bonds for Luxembourg-based securitization fund ALTERNATIVE, with future sales expected to exceed $10 million. The USDt-denominated bonds will be issued and settled on the Liquid Network, a Bitcoin sidechain, with fundraising, coupon payments and principal repayments executed fully onchain. The move follows four prior tokenized bond issuances since 2023 totaling $6.2 million, three of which have matured and been fully repaid, representing about $1 million in principal returned to investors. Across those offerings, investors received 20 onchain coupon payments worth more than $1.1 million by the completion of their first full tokenized bond cycle in 2025, according to the companies. The bonds give investors exposure to emerging-market private credit, including financing for small and medium-sized businesses and women-led enterprises. Bitfinex Securities operates under licenses in the Astana International Financial Centre in Kazakhstan and in El Salvador, and handles issuance, listing and secondary trading, while Tethers Hadron platform supports token management. The platform says it now lists about $250 million in regulated tokenized securities. Jesse Knutson, head of operations at Bitfinex, told Cointelegraph that buyers have primarily been high-net-worth crypto investors and crypto-focused institutions from Europe and Asia seeking yield on their USDt (USDT) holdings. The tokenized
