Crypto exchanges are the latest trend that has revolved around the world and turned people into big billionaires. The attractive features and secure options brought the most population into the crypto industry.

As the origin of the crypto exchange platform has been rising day by day, Bitfinex was one among them which started its new journey and captured the minds of crypto enthusiasts.

You might have a question about how this Bitfinex exchange has gained the massive support of Cryptopreneurs🧐.

Let us have a look into it👇.

An Overview of Bitfinex

Bitfinex exchange was discovered in 2012, at the dawn of the Bitcoin revolution with a goal to offer a standard crypto trading experience for all crypto enthusiasts. Bitfinex exchange showed its victorious moments by providing the top features of security and a safe environment for traders. 

Bitfinex exchange lists 200 different tokens and 400 varieties of spot trading pairs. This exchange is mostly preferred as a " trading venue" for professional traders. The motto of Bitfinex exchange is to create simple, dependable, and accessible technology that promotes freedom.

What is Bitfinex Clone Script?

Bitfinex clone script is the pre-built exchange software that replicates all the functions and features of the Bitfinex crypto exchange platform. It includes all the modules and plugins of the Bitfinex crypto trading platform. Our Bitfinex exchange script is well structured, designed, developed, multi-tested, and verified by our crypto experts. MetaDiac offers the world-class Bitfinex exchange clone which enables you to build a bug-free and secure crypto trading exchange.

 

Top Features of Bitfinex Exchange Clone

Margin Trading

The margin trading feature allows users to trade up to the maximum by receiving funds from the peer-to-peer margin funding platform. The user should enter an order to borrow the amount of funding at the price of their choice. They can open a position and Bitfinex will take out funding for them at the available rate and time.

Margin Funding

Margin funding provides a secure way to raise the internet on fiat and crypto assets by providing funding to traders. Users can offer funding across a broad range of currencies for the rate and duration of their wish. They can also use the auto-renew feature to automatically renew the offers before the expiry.

Derivative Trading

This feature allows a crypto investor to buy and sell the digital asset for a future date. The end date of the derivative contract is fixed and predetermined. It is a leveraged form of trading where you can buy a large quantity of the underlying assets by paying a small amount. Derivative products can be traded using derivative wallets.

Order Types

Order tools are created to enable traders to focus more on strategies rather than spending time entering orders. This tool allows users to automatically create multiple limit orders. Traders will have the option to set the distribution of orders.

Paper Trading

The paper trading feature permits users to test trading strategies without depositing real funds. It eradicates the act of risking real money. This type of trading is best for beginners to practice trade in the market environment without investing the actual money.

 

Advanced and Secure Features 

For professional Traders and Crypto users, we have created a set of advanced and secure features to meet high standards.

Updated Chart Feature

We offer our users an advanced charting functionality that allows traders to view the orders, positions, and price alerts. It also allows modifying the properties of orders. 

Reporting Framework

The enhanced reporting framework benefits both traders and developers. More new features are added to reporting tools that will create a comprehensive report which becomes easy to measure the performance of the trade.

Email Encryption

Encrypted email adds an additional layer of security to protect the user's account details. This extra layered feature ensures top secured trading process. 

Upgraded Verification Tools

The brilliant system detects IP address changes if hackers or third parties access it. Email notifications show the login details and instantly freeze the account in case of any malicious activity. 

Withdrawals protection

The security system keeps an eye on withdrawals and other user behavior practices. Withdrawal confirmation alert notifies about the malware activities. It also defines a whitelist to assure the withdrawals won't go anywhere else.

Business Benefits of Using Bitfinex Clone Software

>  Multiple Payment Options

>  Effective Customization based on Business Needs

>  Supports all major Crypto Assets

>  High-speed and quick transactions

>  Top Security enclosed exchange platform

 

How to Make an Exchange Trade Using Bitfinex 

 

1. First of all, users should log in to the Bitfinex account.

2. Before moving on, ensure you have enough funds in our crypto exchange wallet.

3. After logging in you are directed to the main trading page where you will find the “Tickers box”.

4. In the Tickers box, you can find the trading pairs with which you are going to start your trade.

5. On the same trading page, you can find the “Order Form widget”. It is the place where you will be entering the details of the trade you are going to do.

6. As it is an exchange trade, don't forget to select the option “Exchange” in the top left corner of the order form.

7. If you select limit order as your order type then you have to mention the order size and price. You can choose order types from the varieties given in the drop-down menu and you can also learn more about them.   

8. If you choose a market order, your market order is executed at a current market price and there would be no need to fill the price. 

9. Now your order will show in the orders widget which displays details about your trade before it's processed.  You can also edit or cancel the trade. If you need a piece of detailed information, visit order bulk editing and selection options. 

10. Once the trade has happened, funds will be credited to your wallet connected with the Bitfinex exchange platform.  

11. The executed order will proceed to the “Order History Widget”.

12. Users can also track the orders they have made from the reports page, under orders, or directly under ledgers.                                                                                                                                                                                                                                                                 

Why Bitfinex Clone Development From MetaDiac?

 

MetaDiac is a magnificent blockchain and crypto exchange development company. Being a top company in the crypto field, we are specialized in offering all kinds of crypto exchange services and solutions. We provide leading-edge trading features with an impressive user interface.

Our Expert Team will guide you 24×7 by providing customer support.

 

If you are a newbie or an experienced entrepreneur planning to build a crypto exchange platform like Bitfinex at an average cost🤔

 

Then walking into MetaDiac would be the winning solution for your finest crypto exchange business🤝.