Bitfinex is a cryptocurrency exchange software that delivers a comprehensive digital asset management platform. You can start a crypto exchange account to begin purchasing a wide range of cryptocurrencies. The system also comes with the Bitfinex Terminal for historical trading data and the Honey Framework to create automated workflows.
Bitfinex can be installed on Windows, Mac, and Linux machines, and iOS and Android mobile phones.
Who Uses Bitfinex?
The system is used in industries that include market research, transportation, accounting, finance, trading, IT, and education.
- Margin trading: The system provides margin funding capabilities that enable you to use accrued interest to purchase coins. You can designate the amount and duration of your funding to take advantage of favorable interest rates and establish an auto-renewal protocol for total buying efficiency.
- Derivatives: Derivative capabilities reduce the risk of trading by allowing you to invest in currencies alongside external parties. By sharing the initial cost of investments, derivatives enable you to grow your profit margin without overinvesting in assets since multiple entities share the purchasing price.
- Bitfinex Terminal: The valuable Bitfinex terminal provides you with the historical price data necessary to accurately anticipate how your investment will perform in any given scenario.
- Honey Framework: The program promotes a more efficient workflow through Honey Framework intelligent system automation. It gives you the power to build your strategy with customized workflows that trigger tasks based on real-world events, all from an easy-to-use drag-and-drop environment with no coding necessary.
- API: You’re able to fully customize the system to your unique requirements using application programming interface (API) capabilities. It unlocks the software’s backend code for you to alter so that you can make the system work for you and therefore maximize your return on investment (ROI).
- Corporate accounts: A dedicated corporate accounts team helps make the most of the software with trading advice, expedited verification, and a dedicated customer support representative.
- Optimize paper trading: Bitfinex includes a practical paper trading simulator that enables you to forecast how your paper investments will perform in the market without putting your actual stocks in any danger. Simulated reporting helps you make informed investment decisions, increasing your organization’s bottom line.
The system is free to begin using, and the vendor collects the fees from each transaction that you process. You can find out more about the product and pricing via the product’s website.
If your organization is looking for a cryptocurrency exchange platform that supports a wide range of digital assets, you’ll likely want to consider Bitfinex.