Post
Topic
Board Exchanges
Re: is Bitfinex still trusted?
by
Amph
on 16/01/2017, 07:53:08 UTC
Looks safe and trusted based on this reputation review:
http://www.scamfoo.com/site/bitfinex.com/

Most important facts:
1) The domain name was registered 4 years ago.
2) This site has a very good online popularity (38K Alexa rank)
3) This site uses an HTTPS secure connection (by GeoTrust Inc).
4) This site has an excellent (82/100) trustworthiness score.
5) The site is not blacklisted by any service

Do you know they had been hacked in early August 2016 and lost almost 120k bitcoins?

Regarding trust, you should not trust any exchange by default. So if you have to keep your funds there, keep only as much as you actually need for trading. Regarding Bitfinex specifically, I don't think they will ever regain their trust (what's lost is lost), this is a tough business and competitors are not sleeping. Look at what happened to Bter which had once been one of the largest altcoin exchange out there. Now it is a half-man half-exchange with fictitious volume and frozen order-books

poloniex was also hacked long time ago, but it's still very operative, and many trust it inf act it is considered one of the best exchange now

so being hacked in the past doesn't make your exchange in backlist, it depend how the owner reedemed itself, if bitfinex refunded everything or a good portion it can be considered relatively trustable again