While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

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

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Bitfinex exchange is thief and fraud…

Bitfinex exchange is thief and fraud exchange, stole all my coins by delisting, here is our message, never deposit any coin or money to this fraud

28 December 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for your review.

Kindly review Bitfinex’s prior announcement, posted on Tuesday, December 20, 2022:
https://www.bitfinex.com/posts/876
“In line with our commitment to delivering the best trading experience, we are delisting Bitcoin SV (BSV).”

Deposits for BSV closed as of 20/12/2022 at 02:00 PM UTC.
Trading of BSV closed as of 29/12/2022 at 02:00 PM UTC.
“Withdrawals for CEL, SRM, PNG, BFT, BMI and BSV will remain open until 14/02/2023 at 02:00 PM UTC. We recommend our users withdraw these tokens as soon as possible.”

Users were further informed of this delisting via our social media channels:
Twitter - 29th December 2022: https://twitter.com/bitfinex/status/1608469473207484418
Facebook - 20th December 2022: https://www.facebook.com/bitfinex1

As per our delisted token recovery Frequently Asked Questions page:

“How long will Bitfinex be able to recover tokens after delisting?
Token recovery can be attempted up to 2 months after withdrawal closure.”
https://support.bitfinex.com/hc/en-us/articles/900004249026-Delisted-token-recovery-on-Bitfinex-Frequently-Asked-Questions-FAQ-

Note that in this case, the last available date to complete a delisted token recovery for BSV was by the 14th of April 2023.
If you missed this deadline, our team will be unable to perform a delisted token recovery moving forward.

Rated 5 out of 5 stars

Amazing email support

Had an urgent issue and within the same day the email support resolved the problem. Back and forth email exchange at least ten in one day. Very impressive in my opinion.

17 November 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thanks for the great review, David! We are very glad to hear about your positive experience with our team. We hope that your problem has been resolved, and that you continue to enjoy using our services!

Rated 5 out of 5 stars

Best trading experience, Best exchange for spot trading

Best trading experience. Highly skilled and very well trained support staff.
Thanks bitfinex for bringing happiness to my life by providing great trading platform with an outstanding service.

14 November 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for your great review! We are very pleased to hear about your positive experience. We hope that you continue to enjoy using Bitfinex!

Rated 5 out of 5 stars

Promptly providing the proof of balance

Thank you very much for promptly providing the proof of balance. I also appreciate your helpful tips on using the Bitfinex reporting application. I find Bitfinex's services to be very thoughtful, and it instills a great deal of trust. Thank you.

13 November 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for taking the time to leave a review. We are glad to hear about your positive experience!

Rated 1 out of 5 stars

SCAM !!! dont use!!!!

i wait now 3 month to withdrawl my money... verification team dont answer since 2 week Although all sorts of available documents are available and more is constantly being demanded... It was an absolute impudence, in the past there were no problems at all... I am supposed to provide evidence from 2013-2015, which is impossible. I have a basic+ verification and should supposedly be able to pay out, but after about 20x trys I gave up. I hope there will be a class action lawsuit at some point. I don't believe I'll get my money back anymore. It's an impudence like I've never experienced on a crypto exchange. SCAM ALERT!!!!!!!

5 November 2023
Unprompted review
Rated 5 out of 5 stars

Jonas is the best!

I contacted two other helpers and it took me an hour and half but I didn't get answer. However Jonas answered me and found right solution. Others didn't find why red dot under AMOUNT XRP of order form in Trading tab. Jonas is the best!

14 October 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Many thanks for taking the time to leave a review Jaeyeon!
We are very glad to hear of your positive experience!

Rated 1 out of 5 stars

After 6 years of service they hold my funds

After 6 years of service (I have used the exchange occasionally) they hold my funds for 3 weeks. I have provided All information I could. The verification Team does not reply for one week. If they allow me to withdraw, I will update this reviews

4 October 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for your feedback.
If you haven't yet done so already, kindly raise a support ticket to our specialist team via:
https://cs.bitfinex.com/
From here, we may provide you with additional guidance regarding your query.
We look forward to hearing from you!

Rated 1 out of 5 stars

Unreasonable Verification process that…

Bitfinex CANNOT be trusted.
When you withdraw a crypto from the exchange, it shows your withdrawal request is under "Processing" for more than 48 hours. Even after 2 day, it still shows "Processing". Does it take more than 6hrs to process your withdrawal request or it's just giving excuses and red tapes to make it difficult for you to withdraw such that you can only deposit in to their exchange and prevents you from withdrawing. I have been using Bitfinex for more than 7 years in the past but recent developments and poor support makes me to give up on this exchange. Don't waste time in Bitfinex and just move on to better Xchanges which is not few.

Verification for just Basic Plus could not even get through and process is broken such that they wants you to provide full verification and they keep going in circles. A broken failed process and with no escalation process to escalate the matter to higher management. This process for BASIC PLUS verification should be immediate and should not take more than 30secs according to their website. But in real fact, I could not even get a BASIC Plus (the lowest verification level) and now is 5 days and never get solved. A broken support system. Broken and failed verification process that some even took 6 years and still could not get verified.

Their support is one of the worst. The Live chat are not even empowered and does not have even basic access to account info to solve account related issues or compliance issues. But need you to fill up an online form. Totally no value add from the Live Chat. The form is also slow and unresponsive and process is broken that goes in circles. No escalation process to higher management to solve the issues. Disappointing support.

Just look at the reply from Bitfinex just solidifies that they don't even care about what problems user are facing; they just try to justify themselves and to prop up ratings instead of using that time to genuinely improve and solve issues that customer face. Totally not customer focus. The reply shows that they do not care about what customer experience and fail to put themselves into the customer's shoes and see from the customers perspective. Instead they wanted others to conform to their unreasonable requirements and broken or failed or unrealistic/unreasonable requirements. The positive reviews by others does not reflect the real customers' experience. Looks more like many paid Shills who are paid to prop up the reviews rating.

It is an excuse and a lie to say that Account related live chat support would compromise security. Yet Banks were able to provide live chat supports that could solve accounts related issues and security compliance issues through live chats and the promptness in providing quick solutions through live chats and 1800-hotline from bank are evidence that what Bitfinex replied and claim is a lie.

Unreasonable Verification process that requires super sharp 6MB High Res photo of Selfie and ID and a piece of paper which many of our home computers and equipments does not have that capability of focusing and control to meet their unreasonable demands. They Delay withdrawal and make it impossible for us to trade and withdraw and lost lots of money because of their unreasonable poor support and service. Some took 6 years and still could not verify. In that case setup a local branch in our city to do manual verification which is the most secure. Or supply us with the DSLR and Indoor studio lighting that is setup to meet their unreasonable "stringent" requirements. They just Unlist the crypto and demand us to withdraw by today and did a withdrawal hold our our account such that we cannot immediately withdraw. They just find excuse to reject your verification and comes up with unreasonable red tapes so that they could stop you from withdrawing your funds and steal your assets. All they want is to steal our tokens and cause us to loss money and loss assets to them. Their platform keeps changing and make it difficult to use and access. The Live Chat was recently added which is nice but yet they did not empower the live chat staff to solve much of the problems. The Live Chat staff were not given necessary access and rights to solve customers problems and many of our problems were not solved through Live Chat. They still require us to fill up a manual form to submit our request. Very Very poor service and support. Reading through some other reviews of 1 star (very poor rating) on Bitfinex, I do agree with them that it is easy for you to deposit into Bitfinex, but difficult or almost impossible to withdraw your assets from Bitfinex. I encounter this today as they use red tapes and unreasonable requirements to make it difficult if not impossible for you to withdraw your funds and assets from Bitfinex causing many to view them as a scam and thief

5 September 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for your feedback.

Kindly note that when performing specific actions at Bitfinex, for security reasons, a selfie may be required to confirm your identity.
When such information is required, our team will outline a set of requirements that the selfie must follow.
One such requirement is that a provided image must possess at least 6 megapixels of resolution and be made under correct light conditions.
We believe that this is a fair process, as most modern cameras will meet this requirement.

If you provide an image that does not meet this requirement, our team will be unable to confirm your identification and proceed with any desired action.
Our primary mission at Bitfinex is to give our customers the ultimate trading experience, with your security as our top priority.
This documentation process aligns with our mission to prioritise security.

When a delisting occurs at Bitfinex, users will be informed through various communication channels to ensure that they withdraw any balances held before withdrawals close. This includes direct emails, posts via the Bitfinex announcements page (https://www.bitfinex.com/posts/) and posts upon our social media channels.

Should you fail to withdraw the funds before the date and time specified and wish to withdraw them thereafter, your case will be subject to Bitfinex's Delisted Token Recovery Policy. A recovery fee may be applied, and token recovery can be attempted only up to two months following the closure of the withdrawal.

A withdrawal being "on hold" usually means that your withdrawal cannot be processed due to a hold on your account.

In most instances, a withdrawal hold of five days is triggered after making specific security setting changes to your account. This helps protect the funds on your account in the event that your account is compromised and an attacker is attempting to steal your funds.

If your account is verified at the Intermediate level or above, you can request to have a withdrawal hold lifted before the hold expires.
Please contact Bitfinex Support, and our team will request relevant ID verification information to make sure that you are the legitimate owner of the account.
Upon verifying your identity, the withdrawal hold will be lifted as soon as possible.

Lastly, please note that for security reasons, our Live Chat team will be unable to assist regarding account-related queries. In this case, our team will re-direct you to submit a support ticket to our specialist support team, who will continue to be in contact with you directly via email.

Rated 5 out of 5 stars

Super support and great products

Just great to have their support in complicated market conditions so we are trading successfully throughout! Various teams worked quickly and efficiently throughout while explaining plainly. If you are a trader you are able to concentrate on your trades knowing that processes needing to happen do so without you having to worry about them.

24 August 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hello Chris. Thank you so much for your review!

Rated 1 out of 5 stars

basic scam, but by Bitfinex

Got this basic scam message straight from their own verified support email. Beware of this company.

"Please note that ETP was delisted and withdrawals closed, our only available option is to recover the tokens.

As stated here, if you have not withdrawn the funds before the date and time specified, Bitfinex team can attempt to recover your funds.

A fee of $500 on full or partial recovered funds will be applied. The fee will be deducted from your Exchange wallet after which, the recovery process will begin. If you would like us to proceed with the recovery, please make sure you have enough funds available for fee deduction."

15 August 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi there,

Upon Tuesday, May 23, 2023 it was announced that Bitfinex would be delisting 9 tokens, including Metaverse ETP (ETP) tokens.
This decision was made as a result of continued monitoring of all listed projects and review of their listing qualifications.

Users were informed that withdrawals for ETP would therefore only remain open until 25/07/2023 at 10am UTC.
“We recommend our users withdraw these tokens as soon as possible.”
https://www.bitfinex.com/posts/924

As further noted within this announcement, it was stated that “Should you fail to withdraw the funds before the date and time specified and wish to withdraw them thereafter, your case will be subject to Bitfinex's Delisted Token Recovery Policy. A recovery fee may be applied, and token recovery can be attempted only up to two months following the closure of the withdrawal.”
https://support.bitfinex.com/hc/en-us/articles/900004249026-Delisted-token-recovery-on-Bitfinex-Frequently-Asked-Questions-FAQ-

In this case, the communication you have received from our specialist team is regarding our official Delisted Token Recovery Policy, applicable in this case as you missed the previously announced withdrawal deadline for ETP.

I hope that we have been able to deliver greater clarity regarding this case.

Rated 1 out of 5 stars

Very difficult to delete account

They make it very difficult to delete your account.

14 August 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Thank you for the feedback!

Kindly note that we clearly display our account deactivation process via the support guide below:
https://support.bitfinex.com/hc/en-us/articles/115002403694-How-to-deactivate-a-Bitfinex-account
This guide displays a thorough step-by-step process that users may follow to complete this action.

If there is any specific area within this process that we may further improve upon moving forward, please let our team know via:
https://cs.bitfinex.com/OI

We look forward to hearing from you!

Rated 1 out of 5 stars

I can see that i am not the only one…

I can see that i am not the only one having issue getting back an account. Also i don't where did they find the support but never, never experienced such a disrespectful "support" saying that i am a liar. Few years ago i helped to creat an account to mother. No issue paying them money but few months ago after she wanted to learn something for her old days its just impossible because she coudnlt send her selfie with handwrited justification with a high resolution(but clear and visible) also i had to translator everything because she's older French lady and don't speek english. This is just crazy, they pretend to be a great exchange blablabla but the support is simply rude, the rules just changed not even giving a chance to adapt. Really can't recommend. Just stick to your ledger guya

7 April 2022
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi David, thank you for taking the time to give us feedback.

First of all, we are very sorry to hear, we made you feel that we were treating you in a rude way. Rest assured, this has never been our aim and our course of action.

Unfortunately, we can't say for sure because we can't control your account over your comment here, but as you can understand the reasons, the account security of our users is one of our top priorities. This is the reason for the security steps you have to go through.

If your problem is not solved, please contact us again here: https://cs.bitfinex.com/

You can be sure that we will assist you in any way possible.

Rated 1 out of 5 stars

They holding my crypto hostage . Compliance my ass!

They holding my crypto hostage under the guise of compliance. Have about 1500$ worth that can not be withdrawn since 2017/18. They didn't seem to mind accepting the crypto.
They want proof of employment, purchase, transaction hashes, where the money came from to buy my crypto, etc, etc, etc. All this for 1500 bucks worth of crypto.
EDIT MAY 11/23
The ticket has been open for years(896128). You have my driver's license, passport, AND 3 years' worth of my Notice of assessment from the Canadian Tax Revenue Agency. You still refuse to release my crypto! Stop with your LIES BITFINEX!
Do NOT give your money to them. It will no longer be yours.

13 February 2023
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi John,

Please note that, as per our Terms of Service, we reserve the right to ask for KYC information at any point in time if your account activity raises flags.

If you haven't done so, kindly create a ticket with the details via:
https://cs.bitfinex.com/

Once the support ticket has been created, our team will look into it.

Rated 5 out of 5 stars

Accessing account.

Had an issue accessing my account which required my proving my ownership.
I proved my case and the issue was resolved and access gained withing 3 hours of my request being sent. Excellent service for a Sunday night customer service request.

4 December 2022
Unprompted review
Bitfinex logo

Reply from Bitfinex

Hi Karoli

We appreciate you taking the time to rate us. It really encourages us to keep going and deliver the best

Rated 1 out of 5 stars

Impossible to verify my account

Impossible to verify my account. It was no issue when I deposited funds, but now that I want to withdraw, all of the sudden my ID selfie is never "clear enough". Three attempts and all I ever get from customer service is a canned response. I'm hoping this isn't another liquidity issue problem.

19 November 2022
Unprompted review
Rated 5 out of 5 stars

Great platform

Great platform, great customer service, great experience, quick response. Thunm up!!

19 November 2022
Unprompted review
Bitfinex logo

Reply from Bitfinex

Many thanks for your support Jung

Rated 5 out of 5 stars

Awesome trading platform

Awesome trading platform, very fluid and esthetic display.
Fees are present but moderate.
Markets are very liquid and transparent to invest into.
Offers margin trading as well and funding interests.
All relevant cryptocurrencies are present and regularly updated.
Well done Bitfinex.

6 September 2022
Unprompted review
Rated 5 out of 5 stars

The home of digital asset trading/invesment

Bitfinex exchange always give me ultimate cryptocurrency trading and investment experience and it provides state-of-the-art digital asset trading and investment services for their users built on transparency and honesty...I recommend you enjoy the same.

15 August 2022
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look