Bitfinex Login

Bitfinex Login | Log in to your Bitfinex account

Bitfinex login is the oldest and best virtual currency exchange in France and worldwide, established in 2012. iFinex Inc manages the platform. The most liquid exchange worldwide deals in virtual tokens (Bitcoin/USD pairs) together with seven other altcoins, such as Monero and Ethereum. With its unique services and security features, Bitfinex has become one of the biggest crypto exchanges worldwide regarding high volume. 

The exchange provides margin trading, and its in-house indicators for BTC shorts and longs offer important trading indications to other renowned cryptocurrency players in the market. Apart from that, the platform also provides fiat trading, funding, and withdrawals. However, it may take more time for beginners to finish the verification procedure because of the platform’s backlog of applicants. This yet favors the platform that despite the lengthy verification procedure and turbulent records, digital currency users are keen to use Bitfinex login for cryptocurrency investments and trading.   

Why Use Bitfinex Login?

Bitfinex provides the following distinctive features or services to crypto enthusiasts. 

Simple Account Set-Up Procedure

The sign-up procedure at the Bitfinex platform is very simple, although it can be lengthy. It doesn’t need much validation unless users initiate a trade with fiat currencies. Also, the platform provides a mobile-friendly interface and is quick. It also offers a compatible smartphone app for Apple and Android devices.

Security

Safety and security are the priority for Bitfinex login, not because it encountered hacks soon after its establishment but because of its user’s safety. The platform keeps 99.5% of assets in a cold storage system using a multisig feature to secure users’ funds.   

Users must undergo a two-level authentication procedure for the sign-in credentials and transactions. The foremost level of safety is the 2-FA layer, and the second one is the Universal 2nd Factor (U2F), which utilizes a physical safety key. Also, there is DDoS security for protecting the IP addresses whitelist and servers. 

Advanced Order Types

The platform account offers multiple order types with top-tier liquidity, which permits traders to simply exchange LTC, BTC, EOS, ETH, XRP, and other crypto assets with minimal slippage for frequently entering several orders; the platform has designed an algorithmic order type known as Scaled Order tool to allows users to focus on trading strategies instead of wasting time providing order manually. 

Advanced Chart

The exchange features an advanced charting tool that lets users visualize orders, trade positions, and price alerts. It assists them in just clicking and modifying order properties. 

How to Create an Account on Bitfinex Login

Bitfinex is a virtual asset trading exchange for traders and liquidity providers. Creating a Bitfinex account is easy and takes a few minutes. 

  • First, you should access the Bitfinex login website. 
  • On the homepage, tap on the Sign Up tab. 
  • You must specify a username, email ID, and password on the registration page. Select your residential country from the available menu, input the referral code (optional), and hit Sign Up. 
  • Then, you should enable a Google 2-FA (two-factor authenticator) to secure your account and funds. Note: if you sign out of this procedure at this point, although you have created the account, you won’t be able to access Bitfinex services until you finish the 2-FA. 
  • After this, navigate to the mailbox of the associated email account to verify it. Remember to use the same browser to verify the email ID to open your account. 
  • Lastly, you will obtain a notice below when you go back to the sign-up page. Hit the Log-In tab, to begin with your newly created account. 

Fee Structure of Bitfinex Login

Bitfinex charges the following fees from traders: 

Funding Fees

For funding made through savings accounts into the Bitfinex login account, the users must pay 0.1% fees. To add assets to your account through digital currencies, Bitfinex takes a nominal fee based on the particular coin with which you wish to fund your account on the trading platform. 

Withdrawal Fees

For withdrawals, Bitfinex takes a 0.1% fee from the users if they wish to cash out through a savings account. However, if the users seek quick cash outs, they must pay a few that can exceed about 1%. The platform takes the cash-out fee amounting to 0.0004 Bitcoin from users for withdrawing Bitcoin from the exchange.   

Trading Fees

The platform works on the taker-maker fees structure where users who meet current orders are known as market takers, while users placing limit orders are known as market makers. For takers, the fees begin at as high as 0.2 percent. This is higher compared to other exchanges. However, the fees decrease as low as zero percent for makers that payback for the loss, and the platform also doesn’t take fees for huge orders conducted via the OTC desk.   

Frequently Asked Questions

Ques: Are my assets secure on Bitfinex login?  

Ans: Yes, Bitfinex is a secure platform to trade and invest. It uses numerous safety measures to permit users to trade in a secure and reliable environment. For instance, it keeps 95% of the client’s assets in cold storage to ensure safety. Bitfinex keeps all the data, old and new, in a safe server, and it has entrusted a professional onsite safety team with the responsibility to take care of the server’s safety. 

Ques: How long should I wait for a withdrawal from Bitfinex login?

Ans: It can take about 12 hours to process a cash out at the Bitfinex platform; however, it doesn’t generally take over 2 hours.    

Ques: How do I verify my account on Bitfinex login?

Ans: Enter your Bitfinex login account and navigate to the Manage Account tab. 

  • Then, hit the Verification tab and select Individual as the account type. 
  • After this, choose the level of validation you require: Intermediate, Basic Plus, and full relevant sections will appear as per the level.
  • After completing the sections, hit the Submit button.