Bitfinex is a full-featured spot-trading platform for major digital assets & cryptocurrencies. It offers leveraged secure margin trading through a peer-to-peer funding market and is owned and operated by iFinex Inc., which is headquartered in Hong Kong and registered in the British Virgin Islands.
The company was founded in December 2012, as a Bitcoin exchange, offering digital asset trading services to users around the world, later adding support for more cryptocurrencies. It was one of the first professional platforms built to accommodate the booming interest in cryptocurrency trading.
The platform was the brainchild of Raphael Nicolle, an IT technician from Paris. After three years as a system administrator at Gutenberg Networks, he became involved in the Bitcoin ecosystem and built Bitfinex.com from the ashes of a previous project called Bitcoinica. He continued to work as a developer for the platform until the beginning of 2017.
Co-founder Giancarlo Devasini originally began his career as a physician but later moved into the booming computer hardware business. In 1997, he founded Solo SpA, a pioneer in the dynamic random-access memory (DRAM) market. He became a partner in Bitfinex in 2012 and was instrumental in establishing banking relationships, attracting key personnel, and re-domiciling the exchange.
In 2015, Bitfinex introduced fiat operations, acting as a global point-of-access to traders wishing to enter the digital asset space.Read More