Bitfinex Latest News
Bitfinex’s origins are shrouded in mystery. Once upon a time, CoinDesk offered up something resembling a profile on the exchange, but even they had a hard time making conclusions.
It appears that Bitfinex’s founder was Raphael Nicolle, a Frenchman who launched the exchange way back in 2012. Bitcoin itself went live only three years earlier, and the infamous Mt. Gox only the year before. So, for all intents and purposes, Bitfinex is probably the earliest cryptocurrency exchange still operating.
The real surprise here is that not only did Bitfinex kick off trading back in 2012, but its popularity and position as a crypto pillar have only increased with the passage of time. When Nicolle launched Bitfinex, he understood that those looking for simple BTC buying and selling already had Mt. Gox and other peer to peer methods for trade. To entice a different and perhaps more sophisticated crowd of traders, he launched Bitfinex as a leveraged trading destination.
While CoinMarketCap calculates the trading volume for an exchange over the last 24 hours, how can you calculate the number of trades an exchange is processing? Read more to find out!
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