In crypto trading jargon, BFX is short for Bitfinex.
About Bitfinex Trading Platform
Bitfinex is a custodial crypto trading platform that provides spot trading, leveraged trading and crypto futures trading.
The company that owns Bitfinex also runs a noncustodial trading platform DeversiFi.
The Bitfinex platform caters towards active traders. It has a full featured interface with all you need for daytrading spot or futures market in crypto, and the same data-rich UI for the lending market.
On the other hand, Bitfinex doesn’t provide as high leverage as BitMEX and is not focused primarily on derivatives, which means the crowd on Bitfinex is less focused on very short-term speculation. Margin cascades are rare.
The user interface on Bitfinex has embedded charts from TradingView PRO.
Want to *really* learn crypto charting & technical analysis?
Hate to break it to you, but there's no trading school, no neatly structured course and no simple how to.
Read our articles to get familiar with the tools, but try everything hands on. Trading will press your emotions, you can only really learn it as you go.
All the good crypto charting tools and platforms are accessible for FREE in either TradingView app or at Bitfinex. Just start!