Common problems
What does centralized exchange mean?
A centralized exchange generally refers to a custodial asset trading place controlled and managed by a company or operating entity. Users need to deposit their assets on the platform to start trading. In traditional finance, stock exchanges such as NYSE, Nasdaq, etc. are all centralized exchanges. Binance, Coinbase, and Kraken are centralized exchanges in the crypto industry. Their operations are similar to Nasdaq, using a central order book model to match transactions and determine asset prices.
What fiat currencies does Bitfinex support?
Bitfinex currently supports 4 types, including USD,EUR,GBP,JPY.
What is the market capitalization of Bitfinex?
The current market value of Bitfinex is 372.