Bitfinex
CEXHQ: VG (British Virgin Islands)Not licensed in any major jurisdiction. This exchange holds no active licence we could verify in the EU (MiCA), UK, US, Singapore, Japan or UAE. Listed for information only - no endorsement.
Regulation Score 2.0 / 10Trust Index 5.4 · Offering Index 7.7
hack historyblocks US usersKYC requiredoffshore onlyunlicensedspotderivativesmarginfiat onrampstakingapi
Regulation
No active licence we could verify.
Fees & products
Spot maker/taker: 0.1% / 0.2%
Crypto withdrawal (sample): BTC 0.0004, ETH 0.003
Spot assets: ~250
Max leverage: 10x
Fiat onramp: wire, bank_transfer
KYC for trading: id
Geo-restrictions
Identity check: Your residence is what counts - documents and proof of address are verified at KYC. If you are not a resident of an accepted country, you cannot trade.US customers excluded; some EU restrictions post-MiCA
Security & reserves
Proof of reserves: audit
2016-08-02: hack (resolved) — 119,756 BTC stolen via 2FA compromise; reimbursed over years via BFX tokens and equity
Known downsides
- Tether/iFinex affiliation - structural conflict-of-interest questions persist (med)
- 2016 hack history ($72M, reimbursed via BFX tokens) (med)
- US excluded; thin fiat onramp methods vs competitors (low)
Sources & verification
- Bitfinex terms & fees (archived) (OFF) · accessed 2026-10-02 · source
- NYAG settlement 2021 (REG) · accessed 2026-10-02 · source
- Bitfinex 2016 hack documentation (INC) · accessed 2026-10-02 · source
Verified: 2026-10-02 · Next review: 2027-01-02 · Reviewer: editor