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Ethfinex has shut down, and rebranded as DeversiFi.
If you were an Ethfinex user, your funds have been moved over to Bitfinex.
If you’re looking for an equivalent exchange, you may want to consider exploring DeversiFi.
1
Fiat currencies
42
Cryptocurrencies
| Product Name | Ethfinex Cryptocurrency Exchange |
|---|---|
| Fiat Currencies | USD |
| Cryptocurrencies | OMG, TRX, ZRX, SAN, ATMI, AID, BAT, SNT, FUN, & 20+ more |
| Deposit Methods |
Cryptocurrency |
| Trading Fee |
Maker: 0.05-0.1%
Taker: 0.1-0.2% |
| Deposit Fees | Fees vary |
| Withdrawal Fees | Fees vary |
Ethfinex has shut down, and rebranded as DeversiFi – a decentralized, community-operated cryptocurrency exchange.
Existing users who did not move their funds to DeversiFi will now find it at Bitfinex.
The content on this page is out of date.
Currently in its beta testing phase (as of May 2018), Ethfinex is an Ethereum-based subsidiary of Bitfinex. Bitfinex was founded in 2013 and is one of the world’s largest crypto exchanges by trade volume.
Ethfinex was launched to Bitfinex users in December 2017 and opened to new users in January 2018. While Bitfinex is located in Hong Kong and operated by iFinex Inc., Ethfinex Inc. is registered offshore in the British Virgin Islands.
Described as a hybrid decentralized exchange, Ethfinex allows users to buy and sell dozens of ERC20 tokens. Users also have the option to access the Ethfinex order book through decentralized exchange portals, which allows them to access high liquidity without having to actually entrust any of their funds to Ethfinex.
Other features include access to a peer-to-peer financing market, margin trading with a leverage of up to 3.3:1, discussion boards and access to ICO token sales.
Ethfinex is available to users in a wide range of countries. However, users in the US are prohibited from accessing the platform. The following countries are also restricted from access of the Ethfinex platform:
You can deposit funds into your Ethfinex account using the following payment methods:
There are three main types of fees you need to be aware of when using Ethfinex: deposit fees, trading fees and withdrawal fees. While crypto deposits worth $1,000 or more are free, amounts less than this figure attract a “small deposit fee”. The fee that applies to some popular currencies is outlined in the table below:
| Currency | Small deposit fee (when you deposit less than $1,000) |
|---|---|
| BTC | 0.0004 BTC |
| ETH | 0.0027 ETH |
| OmiseGO | 0.1374 OMG |
| TRON | 23.85 TRX |
| USDT | Free |
Trading fees vary depending on the volume of trades you place every 30 days. Discounted maker fees are also available through Ethfinex’s Maker Loyalty Program.
| 30-day trading volume | Maker fee* | Taker fee |
|---|---|---|
| $0 – $49,999 | 0.1% | 0.20% |
| $50,000 – $999,999 | 0.1% | 0.19% |
| $1,000,000 – $4,999,999 | 0.1% | 0.17% |
| $5,000,000 – $9,999,999 | 0.1% | 0.16% |
| $10,000,000 – $19,999,999 | 0.1% | 0.14% |
| $20,000,000 – $29,999,999 | 0.075% | 0.12% |
| $30,000,000+ | 0.05% | 0.10% |
* Maker fee quoted doesn’t include any loyalty fee rebate that may apply.
Finally, withdrawal fees also apply and vary depending on the currency chosen.
| Currency | Withdrawal fee |
|---|---|
| BTC | 0.0004 BTC |
| ETH | 0.0027 ETH |
| OmiseGO | 0.1374 OMG |
| TRON | 23.85 TRX |
| USDT | 2.1043 USD |
When depositing funds to your account, all ERC20 tokens are credited to your balance after a minimum of 20 confirmations. This will usually take at least 5 minutes, but confirmation times vary substantially based on network congestion and the gas price used to send the deposit.
Ethfinex says that withdrawals can take up to 12 hours to be completed.
Bitfinex, Ethfinex’s parent company, was established in 2013 and is one of the oldest cryptocurrency exchanges going around. However, it was notoriously hacked in 2016, resulting in the theft of 120,000 BTC (worth $72 million at the time).
When you sign up for an account with Ethfinex, you’ll need to provide your email address and create a username and password. You’ll need to deposit at least $1,000 of cryptocurrency before you can start trading, and if you want to access features such as fiat deposits and withdrawals, you’ll need to submit proof of ID.
Ethfinex also implements a range of security measures, some standard and some optional, to provide protection for user accounts and funds. These include:
The ultimate aim is for Ethfinex to one day become a fully decentralized exchange. If you’re looking for the trustless trading experience decentralized platforms offer, you may want to consider using the Ethfinex Portal. Based on the 0x Protocol, this allows you to access Ethfinex’s order book without handing control of your funds over to the platform.
If you have a question about your account, you’ll find the answers to a range of FAQs in the online Knowledge Base. If you can’t find the assistance you need, you can ask a question or submit a ticket through the platform’s support center.
If you already have a Bitfinex account, you’ll be able to use those same details to log into Ethfinex. However, if you’re a new customer, compare a range of platforms before deciding whether or not Ethfinex is the right exchange for you.
If it is, click on one of the “Go to site” links on this page to be taken to the Ethfinex sign-up page. You’ll then be able to register by providing your email address and creating a username and password. Don’t forget to also enable 2-factor authentication on your account for added protection.
