# Bitfinex > The Original Bitcoin Exchange Bitfinex is a centralized cryptocurrency exchange. It lets traders and institutions trade spot and margin markets, lend assets to margin traders for interest, and trade perpetual contracts. Bitfinex is a centralized cryptocurrency exchange for spot, margin, and derivatives trading. It offers a wide range of spot pairs, leveraged margin trading funded through a peer-to-peer lending market, and perpetual contracts. The exchange serves active traders and institutions from one account. Traders work with custom chart layouts, a reporting app, and REST and WebSocket APIs on the web and in mobile apps. Holders of idle assets lend them to margin traders for interest or earn soft-staking rewards while keeping control of their tokens. An OTC desk and a corporate and professional service handle larger trades. Bitfinex Exchange is the flagship product, alongside Bitfinex Borrow for crypto-backed loans and Bitfinex Derivatives for perpetual swaps on crypto, commodities, FX, and equities. Bitfinex Securities issues and trades tokenized bonds and funds. The platform is used by active traders, lenders, institutions, and investors in tokenized securities. - Type: Company - Sector: Finance - Status: Active - Founded: 2012-01-01 - Profile: https://thegrid.id/profiles/bitfinex ## Products - [Bitfinex Exchange](https://thegrid.id/profiles/bitfinex): Bitfinex Exchange is a centralized exchange with a wide range of spot pairs traded through order books. Margin trading offers leverage funded through a peer-to-peer market where other users lend assets for interest. An OTC desk handles large block trades, and paper trading lets users test strategies. The exchange runs on the web and in mobile apps with custom layouts and REST and WebSocket APIs. (Centralised Exchange, Live, Main Product) - [Bitfinex Borrow](https://thegrid.id/profiles/bitfinex): Bitfinex Borrow is a peer-to-peer lending platform enabling users to borrow digital assets against collateral with customizable terms. Users can set preferred interest rates and loan durations, or utilize automated tools to secure funding at current market rates for leveraged trading positions. (Centralised Borrowing & Lending, Live) - [Bitfinex Staking](https://thegrid.id/profiles/bitfinex): Bitfinex Staking is a staking service allowing users to earn rewards by delegating digital assets to validation mechanisms. The platform supports multiple proof-of-stake networks. (Staking & Validation Services, Live) - [Bitfinex Derivatives](https://thegrid.id/profiles/bitfinex): Bitfinex Derivatives is a derivatives trading platform providing perpetual contracts leverage for cryptocurrencies, commodities, forex, equities, and volatility indices. The platform includes options and futures trading through a partner venue, with contracts collateralized in major cryptocurrencies and stablecoins. (Centralized Derivative Exchange, Live) - [Bitfinex Securities](https://thegrid.id/profiles/bitfinex): Bitfinex Securities is a regulated platform for issuing and trading tokenized securities including digital bonds, equities, and financial instruments. The platform operates under digital asset licenses in El Salvador and Kazakhstan, providing capital raising opportunities for companies and investment access for qualified traders. (RWA Tokenisation Platform, Live) ## Assets - [UNUS SED LEO (LEO)](https://thegrid.id/profiles/bitfinex): LEO is the utility token of the iFinex ecosystem, primarily used on the Bitfinex exchange. It is used to reduce trading fees, lower lending costs, and discount withdrawal and deposit fees across the platform. iFinex commits to using at least 27% of its monthly consolidated gross revenue to buy back LEO tokens from the open market and permanently burn them, continuing this process until no tokens remain in circulation. (Utility) - [USTBL (USTBL)](https://thegrid.id/profiles/bitfinex): USTBL is a tokenized security issued by NexBridge that provides exposure to short-term US Treasury bills through the iShares $ Treasury Bond 0-1yr UCITS ETF. It is used for trading on Bitfinex Securities' secondary market and can be purchased with USDT or Bitcoin. The token is issued on the Liquid Network, allowing investors to access government-backed securities with blockchain benefits like instant settlement and the ability to withdraw to whitelisted wallets. (Security) ## Links - [Main](https://www.bitfinex.com) - [Blog](https://blog.bitfinex.com) - [Documentation](https://docs.bitfinex.com/docs/introduction) - [Privacy policy](https://www.bitfinex.com/legal/privacy) - [Terms of Service](https://www.bitfinex.com/legal/exchange/terms) - [Telegram](https://t.me/bitfinex) - [YouTube](https://www.youtube.com/@Bitfinexexchange) - [Discord](https://discord.com/invite/bitfinex) - [Twitter / X](https://x.com/bitfinex) - [LinkedIn](https://www.linkedin.com/company/bitfinex) - [Reddit](https://www.reddit.com/r/bitfinex) - [Facebook](https://www.facebook.com/bitfinexexchange) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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