![Ethfinex Logo](https://cwstatic.nyc3.digitaloceanspaces.com/1994/102-Ethfinex.png?v=1586507292)
Ethfinex
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Exchange Fees
Deposit Methods
Cryptos (55)
UPDATE 12 October 2019: Ethfinex is now a part of Bitfinex instead. We have marked the Ethfinex-platform as dead and refer you to the Bitfinex-platform instead.
Ethfinex Review
Ethfinex is a cryptocurrency exchange registered in the BVI (British Virgin Islands). This exchange is not the only cryptocurrency exchange registered in the British Virgin Islands. It is not the only exchange registered in the British Virgin Islands, also the very prominent derivatives exchange Bybit is registered here (and not so prominent Infinity Coin Exchange).
Ethfinex describes itself as a community hub for developers, enthusiasts and traders. They say that these people can share, discuss and crowdsource information from across the decentralised ecosystem, on the platform. The platform claims to allow for trading and discussion of ERC20 compatible tokens and ethereum-based crowdsales.
As its main advantages, Ethfinex states that it is secure, transparent and has good liquidity. Security and transparency are naturally very important to prospective traders. However, we could not locate any information on the current trading volumes. On the date of last updating this review (11 Septemberf 2021) no information about the trading volume was available on Coinmarketcap or CoinGecko.
US-investors
US-investors may not trade on this exchange. So if you are a US-investor and want to trade at this exchange, you’ll have to reconsider your choice of trading venue and choose one of the other top crypto exchanges. Don’t be too sad though, there are many other venues that offer the type of trading this exchange does. Use our Exchange Finder here to find out which alternatives you have.
Ethfinex Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at Ethfinex:
Ethfinex Fees
Ethfinex Trading fees
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Ethfinex’s trading fees for takers are 0.20%. This fee is slightly below the industry average (0.25%).
Also, Ethfinex charges a slightly lower fee for makers (0.10%), thus promoting the liquidity at the exchange.
Ethfinex Withdrawal fees
Ethfinex charges a withdrawal fee amounting to 0.01 ETH when you withdraw ETH. There is no clearly established industry average when it comes to ETH-withdrawals but it does seem a bit high to us.
Deposit Methods
This trading platform offers wire transfer as a deposit method, but you can’t deposit via credit card. This of course negative news to you if you would prefer to use your credit card for any reason.