Word of warning: if you must keep your funds on an exchange, DONT USE BITFINEX.

A couple years ago Bitfinex jacked about $20k from me. They froze my funds, forced KYC, and sent me hours of paperwork to fill out.

After I submitted it, they drug communications out over months before informing me that the funds were theirs because I had broken TOS by using a second account.

I explained to them how desperately in need I was of that money, how it was nearly life or death. They couldn’t have cared less.

They have a long history of this, too. Google “Bitfinex KYC scam” for more information. Stay away from Bitfinex, they’re predatory and look for any excuse to keep your money.

(As a side note, if you’re ever rugged by someone using Bitfinex, just report their transaction. Bitfinex looks for any excuse to keep users money. Sure it’s taking money from one scammer and giving it to another, but that’ll teach the rugger for not following blockchain tenets. Not your keys not your coin, bitch.)