Bitfinex is a long-established Hong Kong cryptocurrency exchange that has been in service since 2013. With over 200 currencies available, traders will not be inconvenienced. It is one of the largest exchanges in the world and is well known. Bitfinex is also one of the largest Bitcoin trading volumes. Also, the transaction screen is very simple and easy to see from the user’s point of view, so it has a good reputation for being easy to operate. It is a highly recommended exchange.
Bitfinex is a cryptocurrency brand operated by iFinex Inc. The cryptocurrency trading service will be available in 2013, which is a long-established store among cryptocurrency exchanges.
|Company Name||iFinex Inc.|
|Headquarters location||Hong Kong|
|Business start date||2013|
|number of employees||Unpublished|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is Bitfinex licensed? At the moment, we have not confirmed the acquisition of the license. I’m a little worried.
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about Bitfinex, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below.
|Withdrawal information error||You cannot withdraw if the withdrawal destination is incorrect.|
|Under maintenance||Withdrawals may be delayed during system maintenance.|
|hacking||BTC was stolen worth 2.7 billion yen in the 2016 hacking incident. The operation at that time was confused and the deposit and withdrawal processing was delayed.|