About Bitfinex

What is Bitfinex

Bitfinex is a centralized cryptocurrency exchange founded in 2012 by Raphael Nicolle and Giancarlo Devasini, focused primarily on advanced traders, institutions, and corporate clients. It offers spot and margin trading, with particular strength in perpetual derivatives contracts featuring leverage up to 100x for top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Recognized for deep liquidity, advanced trading APIs, and competitive fees (maker at 0.1%, taker at 0.2%), Bitfinex appeals to high-volume and algorithmic traders. The platform, however, restricts users in specific regions, notably the United States and Canada.

Bitfinex Futures Fee Schedule

Bitfinex offers tiered derivatives fees based on trading volume. For traders with less than $2,000,000 in volume, the maker fee is 0.0200% and taker fee is 0.0650%.

As volume increases, fees decrease, with the lowest maker fee reaching -0.0150% and taker fee dropping to 0.0200% for those with over $3,000,000,000 in volume. Additionally, LEO token holders receive extra discounts, with taker fees reduced by up to 0.0200% and maker fees by up to 0.0050%.

Bitfinex Regulation & Licensing Explained

Bitfinex holds regulatory licenses or approvals from AIFC (Kazakhstan) and DASP (El Salvador).

Where is Bitfinex Available?

Bitfinex is available in over 180 countries but explicitly restricts access to users from the United States, Canada, non-exempt United Kingdom persons, the Government of Venezuela, and jurisdictions under comprehensive embargoes: Cuba, North Korea, Iran, Syria, Crimea, and Ukraine's self-proclaimed regions of Donetsk, Luhansk, Kherson, and Zaporizhzhia.

Is Bitfinex Safe and Legit?

Bitfinex is considered safe and legitimate, with a transparent security policy that includes two-factor authentication (2FA), Universal 2nd Factor (U2F) hardware keys, advanced API permission controls, and comprehensive monitoring of user activity and withdrawals.

The exchange secures most user funds offline in multi-signature cold storage, utilizes DDoS protection, real-time encrypted database backups, and maintains regulatory compliance in multiple jurisdictions, reinforcing its trustworthiness among professional and institutional traders.