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Author Topic: Binance vs Bitfinex, Which one is Better to Trade?  (Read 4052 times)

Offline MOProgress

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Binance vs Bitfinex, Which one is Better to Trade?
« on: November 24, 2018, 01:18:55 PM »
I have traded in Binance and for sure it has some whales and trading there is unlike the small exchanges where you can place order and sleep comfortable still see your order still in stable interest, in Binance before you will notice all the orders either eaten up or dumped, so between Bitfinex and Binance, which one has the best platform to trade?
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Binance vs Bitfinex, Which one is Better to Trade?
« on: November 24, 2018, 01:18:55 PM »

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Offline altcoingamer

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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #1 on: November 24, 2018, 08:34:47 PM »
for BTC and ETH/USDT pairs, definitely Bitfinex since you can margin trade, borrow, etc... lots of features Binance won't have but Binance is definitely better for alts since they have much more liquidity on binance compared to Bitfinex... Bitfinex does have a 10,000 dollar minimum to join now though, so keep that in mind.

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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #2 on: November 25, 2018, 08:42:39 AM »
I have traded in Binance and for sure it has some whales and trading there is unlike the small exchanges where you can place order and sleep comfortable still see your order still in stable interest, in Binance before you will notice all the orders either eaten up or dumped, so between Bitfinex and Binance, which one has the best platform to trade?

I did not use Bitfinex before but only Binance and a few more exchanges. However only Binance give me the confidence in store my coin  at there after using the exchange the deposit and withdrawal speed is fast and not laggy.   
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Offline Nate11

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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #3 on: November 28, 2018, 12:12:58 PM »
Binance is the better. I wish all exchanges can be like binance especially the binance app.
The exchange is so smooth to use . Even an illiterate could be able to navigate through the site without any form of guidance.
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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #4 on: December 01, 2018, 01:09:40 PM »
I have traded in Binance and for sure it has some whales and trading there is unlike the small exchanges where you can place order and sleep comfortable still see your order still in stable interest, in Binance before you will notice all the orders either eaten up or dumped, so between Bitfinex and Binance, which one has the best platform to trade?

I have no idea about Bitfinex trading as i did not work here. But i worked into Binance that looks me well and wonderful for trading. I traded different tokens here and no problems happened here, everytime i did my work very safely.

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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #5 on: December 05, 2018, 06:42:55 PM »
Personally, I prefer trading on binance exchange than  bitfinex exchange.
There is no room for comparison of the two as they are world apart in terms of service delivery.
Trading on binance is the smoothest ever, user friendly interface.
Even a noob can be able to trade there with no guidance whatsoever.

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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #6 on: December 06, 2018, 05:50:16 PM »
I think Binance will be better than bitfinex. I didn't use bitfinex platform but traded in Binaance. Binance is really has huge amount of volume and so easy to use and safe as well so that i always prefer Binance.
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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #6 on: December 06, 2018, 05:50:16 PM »


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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #7 on: December 10, 2018, 01:10:21 AM »
Binance is the best exchange at the moment, even I don't have a coin there, but I can see large trading volumes are there, there will be lots of traders and all the orders we make will quickly get buyers, other exchanges also have better technology, like AI , but I'm still looking for the best exchange besides Binance in 2019.
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Re: Binance vs Bitfinex, Which one is Better to Trade?
« Reply #8 on: December 13, 2018, 11:34:02 AM »
It’s important to do a little research before you start trading on any platform. Few things should be considered before trading on any platform, they are - check the reputation of an exchange, the exchange rate, trading fees, payment methods available on an exchange and the verification requirements.

Binance and Bitfinex are the top cryptocurrency exchanges where many users buy cryptocurrency.

  • Binance is one of the crypto exchanges with the highest trading volume and has more amount of coins available for purchase. It is based in Hong Kong, with offices located in several other countries such as Japan and China. It is available to all countries and US states.

  • BitFinex is one of the larger cryptocurrency in terms of volume and users. It is based in Hong Kong and has trading fees of .1% for makers, and .2% for takers. It is important to note that BitFinex does not allow US users to sign up for their exchange. Bitfinex is limited in the countries they serve and do not accept US signups.

Every exchange will have their own unique features and people choose to buy at the best exchange. They will select the exchange that gives the best rate. I would suggest to check out CoinSwitch for crypto trading at best rates. It is an aggregator of many exchanges, it gives an option to compare the price of a coin across the exchanges and buy crypto at the best rate.
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