Bitfinex Review | Is it scam? Is it legit? Can I trust it? | Best Crypto Exchanges

#bitfinex #bitfinexreviews #cryptoexchanges

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Video key moments
00:00​ - Start
00:19​ - About the Bitfinex cryptocurrency exchange
00:59 - Advantages of trading with Bitfinex
01:13 - Disadvantages of Bitfinex
01:27 - Commissions and fees
01:46 - Bitfinex customers reviews
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ABOUT THIS VIDEO:
🔎 The Bitfinex crypto exchange is a platform for trading cryptocurrencies and tokens. You can freely trade Bitcoin, Ethereum, Litecoin, cryptocurrency pairs, and fiat pairs like USD, EUR, GBP, JPY, etc. The company has its proprietary trading terminal with a mobile application for margin trading.
◼ The terminal stands out for its several unique features, including scalable orders that a trader can easily customize to suit their trading strategy.You can use bank cards for deposits and withdrawals and there are no limits on the withdrawal of funds.

👍 Advantages of trading with Bitfinex:
✔️ large trading volumes;
✔️ top-tier level of security;
✔️ leverage up to 1:10 (derivatives are up to 1:100);
✔️ demo account;
✔️ investment programs.

👎 Disadvantages of Bitfinex:
❌ snail-paced multi-stage verification;
❌ relatively high fees when working with fiats;
❌ absence of direct responses from call center, they use only alternative communication methods.

💸 Commissions and fees
◾ Like most crypto exchanges, Bitfinex offers a dynamic fee system. The fee hinges on the volume of trades during the calendar month — the more a client trades, the lower his fees.
◾ Additionally, fees can be reduced thanks to the opportunities indicated in the referral program.
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