Bitfinex Customer care Number
Bitfinex Support Number | 1-888-594-0371
Cryptocurrency has gained a lot of popularity in recent years. The fact that it is based on blockchain technology makes it a trustable form of investment.
You will be amazed to know that there are about 4000+ cryptocurrencies. However, the most popular one remains Bitcoin. Have you ever wondered how bitcoins are exchanged? Well, there are cryptocurrency exchanges in place for that.
Bitfinex is a popular cryptocurrency exchange that has been operating in the market for quite some time now. If you want to know more about Bitfinex and whether or not it is trustable, you have come to the right place.
In this article, we will give you a crisp idea about Bitfinex, so buckle down and read ahead.
What Is Bitfinex?
Bitfinex is a cryptocurrency exchange based in Hong Kong that is owned and run by iFinex Inc – a Hong Kong-based company. It’s been up and running since late 2012.
It is a digital asset trading platform that provides digital currency traders and worldwide liquidity providers with cutting-edge services.
To secure client cash, Bitfinex has implemented stringent security procedures, with about 99.5 percent of client funds held in cold storage and away from the eyes of hackers.
The exchange is well-suited for advanced traders. Please note that Bitfinex does not accept customers from the United States.
What Are The Main Features Of Bitfinex?
Bitfinex has a lot of amazing features, but the core features are worth all the attention. Here is a list of the core features:
Trading without the use of leverage is known as exchange trading. Central limit order books for the spot trade of digital tokens is one of the noteworthy points of Bitfinex.
You may earn interest on your money while avoiding the hazards of trading by using margin funding. If you want a low-risk investment strategy, this is the strategy for you.
Bitfinex has a peer-to-peer market that will enable you to use margin funding for your benefit.
Bitfinex’s Margin Funding and peer-to-peer financing capabilities allow qualifying users to trade with up to 10x leverage and get financing.
When opening a margin position, you can manually enter a funding order. You can also open a margin trading position, which will be instantly linked to peer-to-peer funding at the current market rate by Bitfinex.
This feature is only available for users who have an intermediate verification level or more. For derivatives trading, the maximum leverage is 100x.
You will be able to access huge quantities of liquidity through the OTC market without affecting the exchange market pricing.
It’s for traders who don’t want to use public order books and want to perform significant transactions directly with a counterparty.
You may test and experiment in a virtual market with the Paper Trading tool. There are no actual deposits required because the tokens are only for testing.
To Sum Up
Bitfinex has features for trading large sums and facilitating faster withdrawals. It is a great cryptocurrency exchange platform with high cryptocurrency liquidity. It also offers advanced features for seasoned traders. Moreover, it has a tight security framework.
Bitfinex Support Phone Number
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