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Rated 1 out of 5 stars

UPDATE: This scammers are still holding my funds, they keep asking for different illegal information just for them to keep the funds, they feel offended that i call them disgusting scammers! you can... See more

Rated 1 out of 5 stars

Avoid! High costs can occur when you are not able to withdraw delisted tokens in time. Fixed fee costs which aren’t mentioned upfront!! Disrespectful customer service. They don’t answer you ques... See more

Rated 1 out of 5 stars

Terrible experience. Their only value is to have been there at the beginning of the bitcoin hype, I registered with them in 2017. A few years ago they installed this new system of verification levels,... See more

Rated 2 out of 5 stars

Registered fast, good app and security measures, until tried to Verify. Several attempts and nothing: passport and selfies never good enough. Worrying fact, that all images which are not good, still... See more

Company details

  1. Currency Exchange Service

Written by the company

Bitfinex is a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. Founded in 2012, Bitfinex was one of the first professional platforms set up to accomodate for the booming interest in cryptocurrency trading. Since then, our team has gained invaluable experience whilst cementing our spot as the go-to platform for digital asset traders and institutions. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world.


Contact info

You should know

2.0

Poor

TrustScore 2 out of 5

328 reviews

5-star
4-star
3-star
2-star
1-star

Hasn’t replied to negative reviews

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Rated 5 out of 5 stars

Smooth trading

Smooth trading, excellent customer support
I use to send erc20 ETH to my wallet even it is not supported, I wrote to support and deposit were added in few hours. Also, very low fees (e. g. ~100 sats/withdrawal in Lightning network)

29 January 2022
Unprompted review
Rated 5 out of 5 stars

Excellent response time to email.

Excellent response time to email.
Even though issue was not resolved at the time, the emails and reply’s so helpful.
The speed at the response time was what helped a lot. I’m talking minutes. Not hours or days. Excellent 👌

14 January 2022
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Emin,

Thanks for your feedback, we're happy to see you had a good experience with Bitfinex

Many thanks
The Bitfinex Team

Rated 1 out of 5 stars

I have not lived a worse experience…

I have not lived a worse experience with any fin-tech company ever before. Their customer service acts with the lowest of client servicing standards.
I can’t believe such companies can operate and we still trust them with our money.

8 January 2022
Unprompted review
Rated 1 out of 5 stars

Bad experience after first day when I'm…

Bad experience after first day when I'm send money from binance almost instan received when you transfer from Bitfinex to different exchange you have to wait 24h until than can happen so many bad thinks you can loses all your money or a big procentaje and there so many other bad thinks to say but I'm.not waisting my time for me it was enough I'm waiting to get my money and I don't want to deal with this kind of exchange they will use your money to make profits than they will release your money and from 10 exchange this is the works KYC verification they asking so many information I'm concerned what they do with my data.

4 January 2022
Unprompted review
Rated 1 out of 5 stars

Worst Exchange Ever!

Deposits missing after being Confirmed.
Withdrawal being in processing after 7 hours!
If it wasn't about the 0 Fee Solana withdrawal I would not use it at all! It is a stupid Exchange!

1 January 2022
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Lorik,

Please be aware of confirmation times that can vary for each blockchain. Should you ever have a concern or issue you can reach out to our 24/7 customer support team who will be happy to help.

Many thanks
The Bitfinex Team

Rated 5 out of 5 stars

Must say after reading all the reviews…

Must say after reading all the reviews about issues with withdrawals, I got worried as I'd already transferred all of my ETH. To put my mind at ease, I withdrew 5 ETH (33%) of my deposit just now and it was almost instant with no blocks or holds and with only the lowest basic verification level. Phew! Can't account for other experiences, but I'm new to Bitfinex and it's been a pleasant experience so far and will continue to use them. I need to be able to move crypto freely and easily as I'm always moving my ETH around depending on wherever I can get the best rate, any delays for me would be unacceptable. I can understand why people would not want to hand over all of their personal info, and you shouldn't need to as the lowest level of verification should allow you to deposit/withdraw crypto freely. Stablecoins require more verification. Bitfinex are one of the largest platforms hence why I joined in the first place, so doesn't make sense if they are deliberately preventing withdrawals and making people's lives a misery.

17 December 2021
Unprompted review
Rated 1 out of 5 stars

Bitfinex = embezzlement and ransom.

A shady outfit of absolute thieves. More than happy to receive your funds and equally happy to ransom them for ever more ridiculous amounts of personal information.

They will demand more and more of said information, up to and including your full EMPLOYMENT DETAILS. Not only will they possess your funds, but also the means to steal your identity. I have not as yet been granted access to my hard-earned funds, not even to retrieve them and move to a less shady outfit.

Shameful. Avoid. Tell everyone you know to avoid them. Tell your pets and the birds in the sky to avoid SCAMfinex's embezzlement and ransom scheme.

14 December 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Michael,

We're sorry to see you're not happy with your experience so far. Please share your ticket number and I can follow up for you. If this is in relation to your KYC application, please check in on your ticket and ensure you add the relevant documents, this will help speed up the process.

Many thanks
The Bitfinex Team

Rated 1 out of 5 stars

In suspect of FRAUD

In suspect of FRAUD

My BSV worth of 22k deposit to Bitfinex is not showing for 4 days in a row now.

The market value of BSV has dropped 25% since then. However, I still don't have any access to my deposit. There is still no sign of warning about the delay. Their BSV broken deposit system is broken. Bitfinex is terrible at handling the issue. Please avoid at all costs. They are fraudulent.

13 December 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Nancee,

Thank you for contacting us, please open a ticket via cs.bitfinex.com or speak to our live chat team on the website. We will be able to look into this further for you and support.

Many thanks
The Bitfinex Team

Rated 1 out of 5 stars

10k USD fiat deposit missing?

We deposited fiat (10k USD) as a test deposit for our corporate account into their US based bank account. After weeks of chasing we are yet to see our money. Let's see how this plays out......

13 December 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Coventry Family,

Please can you open a ticket at cs.bitfinex.com and one of our support team will be able to help you further.

Many thanks
The Bitfinex Team

Rated 5 out of 5 stars

Brilliant Response

Brilliant very prompt response by Marion. Best & fastest response by any exchange.

12 December 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Dave,

Thank you for your feedback and thank you for choosing Bitfinex as your chosen Exchange

All the best
The Bitfinex Team

Rated 1 out of 5 stars

Worst customer and compliance support

Worst customer and compliance support ever
This company provides by far the worst customer support and KYC verification experience.

First, during the verification process, they ask you to upload your I.D. twice and wait for them to contact you if you do not have a driver's license or passport. Nobody contacts you. You open a ticket, stating that you have never been contacted, and you will receive a response that the compliance team will get back to you shortly, but they never actually do.

Finally, after a lot of one-way emails, stating your preferred time for the Skype meeting, you finally get a response on Skype.

They ask for your preferred time once again, which, for me, was today at 11.00. But they keep ignoring your messages (and you can see that your messages have been seen by the team on Skype).

I tried to be patient and friendly during all this time. To reiterate, the worst customer support and compliance team that I have ever witnessed so far. It has been weeks.

I gave up, but you can find my ticket number here: #903569.

Regards,

6 December 2021
Unprompted review
Rated 5 out of 5 stars

I submitted a ticket with an inquiry

I submitted a ticket with an inquiry, and I kid you not, I received the answer in about 1min. I was wondering if it was an automated message, maybe it was a canned message, but either way, it answered my inquiry 100%. Other inquiries I had in the past, were answered in 24-36 hours. I have 0 complaints thus far. Was active a while back, then not for a couple of years, now I'm back. All good since before.

1 December 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Luigi,

Great to hear you had a good response with our customer support team! Thank you for choosing Bitfinex as your cryptocurrency exchange of choice.

Many thanks
The Bitfinex Team

Rated 5 out of 5 stars

Bitfinex is one of the best platforms…

Bitfinex is one of the best platforms if not the best cryptocurrency trading platform there is. They are quite professional and asfter using this platform for 4 years it is the most reliable and customer friendly exchange I've ever used. Customer serice is always quick to response and their empathetic view point makes them always assist you beyond satisfactory expectations and if their are unable to ractify your mistake, they give you the relevant information to make sure you don't make the same mistake again. Not to mention the interface has such smooth functionality and just a pleasure to use. Thank you Bitfinex!

28 November 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hey Nelly,

Thank you for your feedback and for choosing Bitfinex as your preferred cryptocurrency exchange!

Many thanks
The Bitfinex Team

Rated 1 out of 5 stars

Bitfinex is refusing to release funds…

Bitfinex is refusing to release funds that I deposited on their exchange 7 years ago because I am not able to provide proof of source of funds. How can I provide information about a transaction that happened 7 years ago? Stay away!

18 November 2021
Unprompted review
Rated 5 out of 5 stars

Support on my problem with Honey Framework

I had an install problem with the honey framework on my Mac and they helped me very quickly with an solution and with other informations. Now i can trade or backtests my own strategies thanks to the nice support. Important is that the Support came with an Solution on an Friday at 5 pm (german time) and this is why the support is realy excellent.

12 November 2021
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hey there,

We're happy to see you got your install problem resolved for honey. Thank you for choosing Bitfinex and also Honey for your algo trading strategies.

Many thanks
The Bitfinex Team

Rated 1 out of 5 stars

Freezing crypto deposits

Earlier this year, I had no issues with bitfinex. But now they are holding on my deposits and I can't withdraw my crypto. I have to find another exchange more reliable.

1 November 2021
Unprompted review

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