Incepted in the year 2012, the Hong-Kong based exchange, Bitfinex is one of the largest platforms for cryptocurrency trading. The system is available in three languages including English, Chinese, and Russian. In a bid to know and understand Bitfinex, you have to focus on what it offers to its customers. They have handy trading methods and analytic tools that are easy to use. The application is available on both the platforms- IOS and Android. For availing more information about Bitfinex and its features, you can call on Bitfinex phone number which is accessible all the time to assist you.
Moving further, have you ever thought why Bitfinex offers three different wallets for its customers? Well, Bitfinex does have three wallets and each one has its core features. In Exchange trading, funds are being used from your Exchange wallet, on the other hand, margin trading uses funds from Margin wallet and in case of Margin Funding, and funds are being used from Funding wallet.
Well, all of three wallets are connected to one of the three specific functions on Bitfinex platform:
- a) Exchange wallet is being used in exchanging funds between our supported currencies.
- b) Margin wallet is for trading leveraged short and long positions.
- c) For margin trading/financing to other traders, Funding wallet is used.
Well, you have the leverage of transferring funds from one wallet to another for free on the Transfer page. In order to place an order or an offer, you have to make sure that you have funds in the correct wallet.
Users if you want to verify your account, you have to provide evidence of credit card and home address including all the document details provided already translated into the English language. One of the easiest methods to replenish an account without fees is just through the means of Bitcoin. The attractive features about Bitfinex are that it has high trading volume, you have many payment options available on this platform, and you get the authority to do an unlimited withdrawal.
One of the best features about this website is that there is no minimum withdrawal or deposit amount concept for cryptocurrencies BUT for Bank Transfer or Wire Transfer. There is a 0.100% fee for both withdrawal and deposit. Altcoins are accepted for funding in Bitfinex that includes Bitcoin, Bitcoin Cash, BTG, Dash, Eidoo, EOS.io, Ethereum, Ethereum Classic etc. The service of Bitfinex is available across the globe excluding countries like Bangladesh, Bolivia, Ecuador, and Kyrgyzstan.
We know, Bitfinex is occupied with certain problems and one such major issue is hacking. Despite tight security, one gets easily trapped in such errors. If you ever come across any sort of error while working on Bitfinex, you can always call on Bitfinex helpline number and get fruitful results in the least possible time. The team is at your service for assistance and always make sure that you’re free from all sort of problems and errors.