Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
Ente
on 27/01/2014, 20:57:42 UTC
Hi every one!
I am currently looking to get my money out of Mtgox and was looking at bitfinex for that purpose.
How trust worthy do you guys think is bitfinex? Are there any information available about them, is it just a one man operation or do they have employees/support agents, etz. ?
If you could let me know your opinion and experience, I would greatly appreciate it.


You might want to consider BitStamp.  I enjoy Bitfinex, but it isn't clear if they are impacted by new Chinese regulations...  Previous posts by the founders haven't made it clear what percentage of their bank funds are in Hong Kong vs Shanghai (Pudong).

Thank you for your opinion. Well unfortunately I am still not verified at bitstamp and am still in the process of doing so.
Unfortunately I send some BTC to them this morning from mtgox, thanks to some huge mtgox error my BTC never got on the blockchain and I am still not sure if I will ever see those BTC ever again...

But would be nice if the Bitfiex team could make a statement regarding the china issue.

Some pages ago the BitFinex guys wrote they have no bankaccounts, company registration or anything else in China. From that, they are not affected by chinese regulations or new year whatsoever.

I do business at BitFinex for, hmm, it feels like a year now.. I never had any problems with them (only had problems I created myself from being a beginner). When I had suggestions, questions or needed help, they have been fast and helpful.
From what I got to know of them, I trust them doing a longterm sane and sound business. Their security precautions both technically as well as policy wise is above average.

Yes, it's a good decision to leave MtGox. So many reasons for this.
In case you stick with BitFinex, there are some quite powerful options - both to make and lose money. Start smal, until you know what you are doing. :-)

Ente