Nexo vs Bitfinex
Nexo | Bitfinex |
---|---|
3.9
|
3.9
|
Nexo is a centralized crypto exchange founded in 2018 in Bulgaria and today operates across some 200 jurisdictions from its base in Switzerland. It provides services including spot trading, futures trading, peer-to-peer loans, cold wallet storage and fiat-on ramps to buy crypto tokens. The crypto firm is registered with some respected financial authorities, such as the ASIC, and offers some fairly unique additional services including a credit card. |
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. |
Bonus Offer | |
Loyalty scheme with various bonuses, plus referral program and bonus paid to lenders on credit line | Referral codes |
Comment by Reviewer | |
"Nexo gives crypto traders the capability to trade, invest, lend and borrow digital assets in one place, and it’s especially good for its credit functions that pay out very high yields to lenders. However, its fees are relatively high and many day traders will prefer a more tightly regulated crypto broker." | "Experienced crypto traders who want to trade spot or derivatives in high volumes will find a good match in Bitfinex." |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Cryptos | Cryptos |
Demo Account | |
No | Yes |
Minimum Deposit | |
$10 | $10,000 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
$30 | $10 - $25 |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS, Android |
Android App Rating | |
4 |
|
iOS App Rating | |
3.8 |
|
Auto Trading | |
Yes | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Cryptocurrency | |
Nexo offers trading on an impressive suite of around 70 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool or from interest earned via peer-to-peer loans. | 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. |
Spread | |
N/A | Taker (0.2% to 0.055%) and maker (0.1% to 0.0%) |
Coins | |
|
|
Crypto Lending | |
Yes | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
No | No |
More Comparisons | |
Nexo vs |
Bitfinex vs |