Ranked in 3 of 16 countries · Exchange
Bitfinex Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan Verified No affiliate links
- Taker fee0.00%
- Maker fee0.00%
- Coins67
- CustodyCustodial
- Founded2012
- HeadquartersBritish Virgin Islands (registered)
Our verdict
Bitfinex is one of the oldest crypto exchanges, run by iFinex and linked to Tether. Since December 2025 it charges zero trading fees on spot, margin and perpetuals. It offers margin funding, staking, a debit card and regional P2P, but lists fewer coins than most large rivals.
Pros
- Zero maker and taker fees on spot
- Deep margin trading and peer margin funding
- Public list of exchange wallet addresses
Cons
- Smaller coin list, about 67 assets
- 2021 NYAG and CFTC penalties on record
- No liabilities-side reserve proof published
Where Bitfinex works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| Serbia | Available | #9 of 24 | — Not verified |
| Ukraine | Available | #10 of 22 | — Not verified |
| United Arab Emirates | Available | #17 of 18 | — Not verified |
| Australia | Not available | — | — Not verified |
| Canada | Not available | — | — Not verified |
| European Union | Not available | — | — Not verified |
| France | Not available | — | — Not verified |
| Germany | Not available | — | — Not verified |
| India | Not available | — | — Not verified |
| Italy | Not available | — | — Not verified |
| Netherlands | Not available | — | — Not verified |
| Poland | Not available | — | — Not verified |
| Spain | Not available | — | — Not verified |
| Turkey | Not available | — | — Not verified |
| USA | Not available | — | — Not verified |
| United Kingdom | Not available | — | — Not verified |
How secure is Bitfinex?
- Proof of reserves
- Yes - public list of exchange wallet addresses on GitHub (reserves only, no liabilities proof; file last changed Dec 2022)
- Custody
- Custodial
Incidents since 2019
- 2021settlementOn 23 Feb 2021 iFinex (Bitfinex) and Tether agreed with the New York Attorney General to pay $18.5M and stop serving New Yorkers over a hidden $850M loss.
- 2021enforcementOn 15 Oct 2021 the CFTC fined Bitfinex $1.5M for illegal off-exchange retail commodity transactions with US persons (Tether separately paid $41M).
Crypto held on a platform is generally not covered by deposit insurance.
What you can do on Bitfinex
- Spot
- Futures
- Margin
- Staking
- Earn
- Card
- P2p
Products can differ by country; check what the platform offers where you live.
Bitfinex FAQ
Where is Bitfinex available?
Among the countries we cover it accepts residents of Serbia, Ukraine, United Arab Emirates. It is not available in Australia, Canada, European Union, France, Germany, India, Italy, Netherlands, Poland, Spain, Turkey, USA, United Kingdom.
What are Bitfinex's trading fees?
At the base tier of its main order book Bitfinex charges 0.00% maker and 0.00% taker. Volume tiers and promotions can lower this.
Does Bitfinex publish proof of reserves?
Yes - public list of exchange wallet addresses on GitHub (reserves only, no liabilities proof; file last changed Dec 2022)
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.