Bitfinex is a crypto trading firm with a powerful proprietary platform and a good range of digital assets. With 180+ cryptocurrencies and 430+ market pairs traded via spot or perpetual swap derivatives, this is a flexible exchange with plenty of opportunities for serious crypto traders. Bitfinex also offers decent leverage up to 1:10.
Gemini is a crypto exchange offering 90+ cryptocurrencies, a native stablecoin and derivative trading via perpetual swaps. The two proprietary platforms will suit beginners and experienced traders, execution is fast with low slippage and fees are competitive.
Comment by Reviewer
"Experienced crypto traders who want to trade spot or derivatives in high volumes will find a good match in Bitfinex."
"Gemini is a great platform for traders looking for a straightforward way to trade crypto derivatives in a secure environment."
Excellent selection of cryptos with hundreds of tokens including Bitcoin
Perpetual swap derivatives trade with up to 1:10 leverage
Powerful in-house terminal is compatible with MT4 and MT5
BitGo instant for zero confirmations on instant Bitcoin transactions
Reliable multilingual customer support
Staking program (ie: ETH staking)
API Python 3 key
High security with 2FA a requirement for all crypto investors
The app has a high-end design and intuitive interface
There is a wealth of education, guides and tutorials suitable for both beginners and novice investors
Gemini has won various awards in recent years, including the 2019 Markets Choice Awards: Best Cryptocurrency Exchange
Not as user-friendly as some competitors
History of security breaches raises concerns
Lengthy verification process can take up to 8 weeks
Trading on margin is not supported
There is a 3.49% card deposit fee
Some of the top coins by market cap are not available to buy through Gemini
There is no practise profile or demo account for prospective traders
Best Cryptocurrency Exchange 2019 - Markets Choice Awards
Bitfinex offers clients trading on a superb range of crypto assets, including more than 180 tokens. Perpetual swap trading is supported in addition to spot, giving traders access to margin trading on crypto assets with up to 1:10 leverage.
Gemini offers 90+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin. The powerful ActiveTrader platform is optimized for online trading, and the broker offer perpetual swap derivatives.