Currency Pairs on Bitfinex

It's paramount to put the aspect of liquidity in the spotlight. Volume is often denoted by the number of users trading in that exchange and the quantity of every asset. Entry or exit positions by participants are mainly dependent on volume. If an exchange has good volume, it increases the profitability of the trader. Conversely, low-volume exchanges usually compel traders to sell their assets at low offers.

BitFinex offers three main functions - it is a pure bitcoin to fiat exchange, a margin trading exchange and a liquidity provider. The platform offers a number of features available that expand the financial positions you can take - for example, the ability to short Bitcoin via margin trading. The exchange also offers a set of other cryptos apart from bitcoin such as Litecoin and Ethereum. Deposits and withdrawals take place via the standard bank transfer mean with fees of 0. 1% and a minimum of $20. Bitcoin and Litecoin are free. BitFinex takes security seriously and has moved from a hot wallet cold wallet set up to segregating customer funds where each user has access to their own wallet which they can review on the blockchain. Bitfinex was hacked on the 3rd of August 2016 and around 120, 000 BTC were stolen. Telegram | LinkedIn | Faceboo. | Instagra. | Reddit

Download daily, hourly, and intraday historical data for coin pairs traded on Bitfinex
Every exchange in the market has its asset selection and coin pairs available for trading. In addition, some platforms may not offer certain assets or pairs. Thus, finding the market with the right combination of coins is essential based on your objectives. Furthermore, analyzing the history of the trading coin pairs will give you an additional angle in making correct investing decision.