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 98.35%
2 /100
$21,410,000,000
BTC$13.22B
Capital flows
Exchanges with 24H outflows exceeding 99.99%
1 /100
-$115,222,865.79
0.54% StableTrading Volume
Exchanges with 24H trading volume exceeding 95.49%
14 /100
$76,760,000
1.03K% Official Token
LEO
Leo
Issue Time
2021-12-13
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
2
4
6
8
10
News
103
U.S. Government Moves $1 Billion in Bitfinex-Linked BTC: Transfer, Custody and Sale Are Different
On October 8, 2026, blockchain monitoring attributed an unusually large Bitcoin transfer to wallets associated with U.S. government seizures from the 2016 Bitfinex hack. Arkham-based reporting counted roughly 12,267 BTC, worth about $1.01 billion at the contemporaneous market price, sent to new, unlabeled Bitcoin addresses. The size makes the movement market-sensitive; the destination makes interpretation critical. A transfer is not proof that the government sold Bitcoin.What was observed on October 8 CoinDesk and Decrypt both reported the 12,267 BTC transfer and emphasized that the destination addresses were not identified as exchange deposit wallets. A government-associated source label is an analytics inference about wallet attribution; a new unlabeled destination provides no public confirmation of its ultimate owner or purpose. Neither the Justice Department nor the U.S. Marshals Service had supplied an explanation in the reporting reviewed for this briefing.Coinbase Prime movements are a separate observation Galaxy Research and Cointelegraph described approximately 9,261 BTC, then worth about $770 million, moving to Coinbase Prime over the preceding two days. Part originated from known seizures, including some Bitfinex-related funds, while an additional 2,456 BTC was described as coming from previously unidentified holdings. This is an analyst classification and cannot be rewritten as the government officially announced
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
