RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Bitfex

Bitfex Exchange Review

Centralized
  • 24h Trading Volume

    0.095 BTC
  • Establish date

    2018

Bitfex Exchange Review

  • Bitfex Withdraw

    Withdraw fees vary. Full list available here.

  • Bitfex Deposit fees

    Deposit fees for fiat only
  • Fiat Deposit

    Any Currency
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    No
  • Margin Trading

    Yes

Bitfex Exchange Score Analysis

Bitfex exchange, based in Hong Kong, is not an exchange that takes itself or its customers seriously. It is administered by a seemingly Russian team, the website looks very suspicious and information about the exchange is hard to find. Thankfully, the support team works and responds to requests. Aside from that, the Bitfex team insists on remaining anonymous, and it appears no trading volume goes through the exchange.

Documentation about the platform is poor and difficult to understand and most details a trader would require to know about an exchange prior to start using it are unclear or missing completely. We would stay away from this business, as it is clearly not trying very hard to compete with established exchanges in the space who offer much better terms.