Bitfinex — one of the oldest and most well-known cryptocurrency platforms, founded in 2012 in Hong Kong. Initially, it was created as a platform for exchanging Bitcoin, but over time it transformed into a multifunctional ecosystem for traders, institutional investors, and businesses.
Key development milestones:
2012–2013 — launch of the first exchange and trading services for Bitcoin. Bitfinex quickly gained popularity due to advanced tools for traders.
2015 — the addition of margin trading and leverage, which made the platform one of the most innovative in the market.
2016 — the exchange was hacked, and part of the users' funds was lost. The company was able to recover by offering a unique compensation scheme through its own BFX token, which was subsequently fully redeemed and repurchased.
2017–2018 — growth in the number of trading pairs, integration with Tether (USDT), which allowed the platform to become one of the key liquidity centers in the crypto industry.
2019–2020 — launch of derivatives, expansion of tools for businesses, staking, as well as enhancing security and compliance with international standards.
2021–2024 — active work with institutional clients, launching solutions for tokenizing real assets, support for Layer 2 and new blockchain networks.
Today Bitfinex is a global ecosystem that includes:
spot and margin trading;
derivatives and options;
staking services;
infrastructure for tokenization and placement of digital assets;
products for developers and businesses, including API and custodial solutions.
Thanks to its long history and resilience, Bitfinex is considered one of the most experienced platforms in the market, playing a key role in the development of the cryptocurrency industry.
