Bitfinex
exchangeMajor global exchange with a history of significant security incidents.
Platform Information
Founded
Headquarters
Two-Factor Authentication
An extra login step that protects your account even if your password is stolen.
Custodial
The platform holds your crypto on your behalf — you don't control the private keys.
KYC Required
Know Your Customer — you must verify your identity before trading or withdrawing.
Proof of Reserves
The platform publicly proves it holds enough assets to cover all customer funds.
Insurance
Customer funds are covered by insurance in the event of a hack or platform failure.
About Bitfinex
Bitfinex is one of the world's largest crypto exchanges by volume. In 2016 it suffered a major hack resulting in the theft of approximately 120,000 BTC (~$72M at the time). The exchange issued BFX tokens to affected users as compensation. Headquartered in the British Virgin Islands and affiliated with Tether (USDT).
Security & Score
Platform Safety Score
Based on incident history, security features, and track record
No detailed security information available for Bitfinex.
Incident History
No incidents recorded for this platform.
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