Skip to main content
btc$78,936+0.28%eth$2,468-1.28%usdt$0.9999+0.01%bnb$695.32-1.31%xrp$1.47-2.33%usdc$0.9999+0.00%sol$98.20+2.20%trx$0.3426-0.52%figr_heloc$1.04—hype$79.52-1.17%zec$834.85-2.56%doge$0.0897-3.37%rain$0.0145+2.88%usds$0.9999+0.01%link$11.57-1.31%leo$9.36-0.18%btc$78,936+0.28%eth$2,468-1.28%usdt$0.9999+0.01%bnb$695.32-1.31%xrp$1.47-2.33%usdc$0.9999+0.00%sol$98.20+2.20%trx$0.3426-0.52%figr_heloc$1.04—hype$79.52-1.17%zec$834.85-2.56%doge$0.0897-3.37%rain$0.0145+2.88%usds$0.9999+0.01%link$11.57-1.31%leo$9.36-0.18%
CoinPulse
B

Bitfinex

Veteran exchange with deep liquidity and large reservesNot published
8.24 / 1082% measured
#5 of 15 in Crypto exchanges
$19.22B
Value locked
DefiLlama
0
Audits
DefiLlama
14.7 yr
Track record
public record
20
Chains
DefiLlama
82 ms
Latency
our probe

Bitfinex is one of the longest-running centralized exchanges, favoured by professional and high-volume traders for its deep order books and advanced order types. In our dataset it reports roughly $19.2B in reserves, the second-largest figure among the exchanges we tracked, across about 20 chains. Its feature set, including margin and peer-to-peer funding markets, is aimed at experienced users rather than first-time buyers.

Scale, history and speed

Bitfinex has operated for around 14.7 years, earning a full track-record mark, and its large reserve figure drives a top scale score. Our single-location API probe was notably quick at about 82 ms, among the faster readings in our set, though as always that reflects one request from one location and is not a guarantee of the responsiveness you will see.

Honest history

Bitfinex suffered a major hack in 2016 in which roughly 120,000 BTC was stolen, one of the most significant exchange breaches in crypto history. The event and its long aftermath, including later recovery of a portion of the funds by US authorities, are widely documented. Bitfinex is also closely associated with the stablecoin issuer Tether through shared ownership, which has drawn regulatory attention over the years. Both facts are important context for anyone evaluating the platform.

What we measure

We assess reported reserves, chain reach, operating history and our latency probe. We did not find a dedicated public status page, which limits real-time incident transparency. We do not rate fees or support quality, so we make no claims about those.

Who is Bitfinex for?

  • Experienced and high-volume traders wanting deep liquidity and advanced tools.
  • Users comfortable with an offshore, custodial venue and its history.
  • Traders who value fast responsiveness and large published reserves.

It is a weaker fit for beginners, for those who want a public status page, or for users who prefer a strictly regulated domestic exchange. As with any custodial venue, holding assets on Bitfinex carries counterparty risk that its history makes worth weighing carefully. Its close association with Tether means that questions about the stablecoin's backing can affect sentiment around the exchange too, so users who want to keep those exposures separate should factor that in.

How Bitfinex scores

Scored on the criteria that matter for crypto exchanges.

Crypto exchanges#5 of 158.24 / 1082% measured
SCALEScale of value trusted
34% weight10/10

$19.22B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.

measured 2026-08-25 11:09 UTCevidence ↗
TRACKTrack record
24% weight10/10

Live 14.7 yr (since founding (2012), public record). Most failures happen young, so time survived is real signal.

measured 2026-08-25 11:09 UTCevidence ↗
STATUSStatus transparency
22% weight2/10

No public status page found. Nothing about its reliability can be verified from outside — including by us.

measured 2026-08-25 11:09 UTC
INCIDIncident repair time
n/a

No incident feed we can read, so no repair time to compute.

PERFLatency
20% weight10/10

Median 82 ms to first byte from a public API endpoint, our own probe, slowest sample discarded, single location. Compared only within this category.

measured 2026-08-25 11:09 UTCevidence ↗
Where we docked points

Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.

Who it’s NOT for

Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.

FAQ

Is Bitfinex safe?+

Bitfinex reports about $19.2B in reserves and has roughly 14.7 years of history. It suffered a major 2016 hack (around 120,000 BTC) and is closely tied to Tether, both important context. We found no public status page, and it is custodial, so weigh counterparty risk.

Is Bitfinex available in my country?+

Bitfinex serves many markets but restricts access in several jurisdictions, including limits on US users, and availability changes over time. Confirm that your country and desired products are supported before registering.

What did coinpulsepoint measure?+

We recorded about $19.2B in reported reserves, roughly 20 chains, about 14.7 years operating, no confirmed public status page, and a fast single-location latency probe of about 82 ms. We do not measure fees or support.