Bitfinex claims to be the world’s largest and most advanced bitcoin trading platform.
Bitfinex is a spot trading platform for major crypto currencies such as Bitcoin, Bcash, Dash, Ethereum, Zcash, Monero, Litecoin, Ethereum Classic, OmiseGO, EOS, Iota, Santiment, and Ripple.
The Bitfinex platform also offers up to 3.3x leverage trading by providing traders with access to the peer-to-peer funding market. The margin funding market provides a way to earn interest on US Dollar, Bitcoin, Bcash, Dash, Ethereum, Zcash, Monero, Litecoin, Ethereum Classic, OmiseGO, EOS, Iota, and Ripple by providing funding to traders wanting to trade with leverage.
Bitfinex offers various order types including: Limit, Market, Stop, Trailing Stop, Fill or Kill, One Cancels Other (OCO), Post Only, Hidden Order.
The majority of funds are stored in cold wallets offline, with only approximately 0.5% of crypto assets accessible in hot wallets for day-to-day platform operations.