Established in 2012, Bitfinex is a prominent cryptocurrency exchange known for its credibility and association with major stablecoin, Tether (USDT). Demonstrating robust profitability, it reported revenues of $330 million in 2017. Despite a $72 million security breach in 2016, the platform showcased resilience by compensating users within eight months. Given its financial stability and industry influence, Bitfinex stands as a trusted choice in the cryptocurrency domain.
Bitfinex Transparent Report:
https://defillama.com/cex/bitfinex