Top 10 Alternatives to Bitfinex

Bitfinex is a cryptocurrency exchange that caters to the needs of professional and institutional traders. This article will explore the various alternatives to Bitfinex, providing insights into other platforms that offer similar services and features. Whether you're looking for advanced trading options, high security, or dedicated customer support, we'll cover the best options available.

Reviews

Users have shared a mix of positive and negative feedback about Bitfinex. Many appreciate the platform's advanced trading options and high-quality APIs, which cater well to professional traders. The expedited verification process and dedicated customer support are also frequently highlighted as beneficial. However, some users have expressed frustration with the platform's occasional technical issues and the complexity of its interface. Additionally, there are concerns about the high fees associated with certain transactions. Overall, while Bitfinex is praised for its robust features and support, it also faces criticism for its usability and cost.

• "The trading options and APIs are top-notch, making it perfect for professional traders." - John D.
• "The interface can be quite complex and overwhelming for new users." - Sarah K.

For more detailed reviews, visit Bitfinex Reviews.

Best alternatives to Bitfinex

1. OneSafe

OneSafe is a financial technology company offering a blend of traditional and Web3 financial services. It provides comprehensive account services tailored for companies that operate both in fiat and cryptocurrencies. OneSafe is designed to meet the unique needs of Web3 startups and tech companies, facilitating a bridge between conventional banking and digital currency ecosystems.

• Features: simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security.
• Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, fiat to crypto conversion included.
• Testimonials: Users praise OneSafe for its exceptional customer support and seamless financial solutions. Many highlight its efficiency in managing payroll and expenses, making it an essential tool for Web3 companies. For more details, visit the OneSafe website.

2. Novo

Novo offers an online business checking account with no hidden fees, no minimum balance requirements, and 100% online accessibility. It provides tools for managing business finances, including bookkeeping, invoicing, and funding options. Novo aims to simplify financial management for small businesses, freelancers, consultants, and self-employed individuals.

• Features: no hidden fees, no minimum balance requirements, 100% online account management, free ACH transfers and incoming wires, free virtual and physical debit cards, ATM fee reimbursement up to $7/month, personalized customer service, AI-powered bookkeeping, exclusive partner discounts, integration with top business tools, FDIC insurance up to $250,000 via Middlesex Federal Savings, F.A.
• Pricing: Novo offers a fee-free structure with no monthly fees, no minimum balance requirements, free ACH transfers, free incoming wires, and ATM fee reimbursement up to $7/month. Additional services like invoicing and bookkeeping are also included at no extra cost.
• Testimonials: Users generally appreciate Novo for its user-friendly platform and small business-friendly services. One positive comment from Lisa Benson highlights Novo as a "game-changer" for its ease of use and support. On the flip side, a negative review from Clean Sweep criticizes the bank for closing accounts without notification and poor customer service. For more detailed reviews, visit the Novo Reviews page.

3. Airwallex

Airwallex is a trusted global payments and financial platform used by over 100,000 companies worldwide. It offers software and APIs to simplify global payments and financial operations, helping businesses unlock new opportunities and grow without limits.

• Features: Simple setup, fast transfers, cost-effective, human support, cloud native, high security, global compliance, proprietary local payments network, multi-currency wallet, high-speed transfers.
• Pricing: The Explore plan costs $0 or $29/month, the Grow plan is $99/month, the Accelerate plan is $499/month, and custom pricing is available for high-volume businesses. Additional fees apply for FX, transfers, and payment processing.
• Testimonials: Users generally appreciate Airwallex for its efficiency and support. Wong Loke Hsien praises the platform for being a "real time-saver" and highlights the helpfulness of their account manager. On the other hand, Pierrick C criticizes the platform for refusing money transfers without explanation, causing operational disruptions. For more detailed reviews, visit the Airwallex Reviews page.

4. Hype

HYPE Business is an online business account tailored for sole proprietorships and freelancers with a VAT number. It offers a range of features designed to simplify business financial management.

• Features: Free ordinary and instant transfers, simplified F24 payments, Tax Manager for tax estimation and savings, micro-insurances, World Elite Mastercard, 7/7 technical support.
• Pricing: €2.90 per month, €34.80 per year, no activation fee, free SEPA transfers, 10 free instant SEPA transfers per month, €2 for additional instant transfers, free cash withdrawals from ATMs in Italy and abroad, 1.5% exchange rate markup for foreign currency transactions.
• Testimonials: Users generally appreciate HYPE for its ease of use and comprehensive services. Roberto Cardoni praises it as "easy and intuitive to use, a lot of services available." On the other hand, Paola Maffei criticizes the platform for blocking her account without clear communication, leading to a frustrating experience. For more detailed reviews, visit the HYPE Reviews page.

5. Kontist

Kontist offers a business banking solution specifically designed for self-employed individuals in Germany. It combines a business bank account with automated bookkeeping and business tax return services, all accessible through a single app.

• Features: All-in-one app combining banking, bookkeeping, and tax return services, automatic tax calculation, AI-supported bookkeeping, real-time financial insights, mobile & web banking, integration with Apple Pay & Google Pay, invoicing tool, premium account features including profit & loss statements, VAT returns, and trade tax returns.
• Pricing: The Free Plan is €0/month plus VAT with conditions for transactions over €300; the Premium Plan is €9/month plus VAT, offering additional features like a physical Visa Debit card and unlimited invoices; the Bookkeeping Plan is €29/month plus VAT, including unlimited free transactions, advance VAT return, and business evaluation.
• Testimonials: Users generally appreciate Kontist for its comprehensive support and ease of use. Luis praises the platform for its consistent support and indispensable tax services. On the other hand, Tanya criticizes the tax service as overpriced and minimal, especially for new business owners. For more detailed reviews, visit the Kontist Reviews page.

6. Soldo

Soldo is a spend management platform that helps businesses streamline and simplify their spending processes. It offers physical and virtual Mastercards, a management platform, a mobile app for tracking expenses, and integrations with various financial systems. Soldo aims to boost business agility and empower employees to spend responsibly while providing finance teams with tools to manage and control spending effectively.

• Features: Pre-programmable, customizable cards, powerful expense management platform, real-time insights, integrations with accounting software, enterprise-level security, automated spend admin, customizable solutions.
• Pricing: The Enterprise Plan is customizable with unlimited features and requires contacting Soldo for pricing. The Plus Plan costs €33 per month (excluding 20% VAT) and includes a 30-day free trial, starting with 3 users and 30 cards. The Standard Plan costs €21 per month (excluding 20% VAT) and also includes a 30-day free trial, starting with 3 users and 20 cards. Additional costs include issuance fees for physical and virtual cards, user fees, and transaction fees.
• Testimonials: Users generally appreciate Soldo for its helpful customer support and efficient spend management. Gina Ansell praises the platform for its clear and easy-to-understand online advisors. On the other hand, Alexander Nosic criticizes Soldo for freezing and closing accounts without explanation, indicating potential regulatory issues. For more detailed reviews, visit the Soldo Reviews page.

7. Brex

Brex is a financial technology company that provides modern financial solutions including corporate credit cards, expense management, business banking, bill pay, and travel management. Their services are designed to help businesses control spend, automate busywork, and maximize financial efficiency using AI-powered tools.

• Features: AI-powered automation, global reach in over 120 countries, high yield business accounts, real-time tracking and controls, enhanced compliance, customer-centric solutions, integrated financial stack, mobile and in-app features.
• Pricing: Essentials Plan: $0 per user per month, Premium Plan: $12 per user per month, Enterprise Plan: Custom pricing, Smart Card: Custom pricing.
• Testimonials: Users generally appreciate Brex for its ease of use and comprehensive financial solutions. One positive comment from Andrew S. highlights, "Brex makes expense reporting so simple. The text feature on your phone to record receipts makes it almost impossible to forget to record expenses." On the other hand, Andrew S. also notes a negative aspect, "Honestly, I don't love the travel assistant booking software. It's OK, but a salesforce can easily rack up $20 fees if they don't book travel correctly. I think it could use some work." For more detailed reviews, visit the Brex Reviews page.

8. Anna Money

ANNA Money offers a business account in the UK that can be opened online for free. The service includes a business debit card, virtual cards, payment links, cash deposit options, special offers, Apple Pay and Google Pay integration, expense management tools, savings pots, instant payment notifications, direct debits, standing orders, cashback credit cards, small business loans, and open banking features. The account setup is quick, and the service is designed to help businesses manage their finances efficiently.

• Features: quick account setup in less than 10 minutes, business debit card that makes a unique sound (miaows), immediate issuance of virtual debit cards, personal payment webpage and link, cash deposits at PayPoints, exclusive partner offers, integration with Apple Pay and Google Pay, employee expense management with individual debit cards, money-saving pots for various expenses, instant payment notifications, free direct debits and standing orders, up to 40% cashback on business expenses, flexible small business loans, open banking to connect other accounts.
• Pricing: The pricing plans start at £0 per month. Users only pay for the services they use. If the account is not used for a month, there is no monthly fee for that month.
• Testimonials: Users generally appreciate ANNA Money for its excellent service and quick account setup. Usman praises the service, stating, "I’ve been with ANNA for nearly 4 years now, and have recently just opened another company with them. Since then they have provided nothing but an excellent service." On the other hand, anon anon criticizes the platform, saying, "Avoid at all costs!!! ANNA have held on to a very large amount of company money for weeks, they are uncontactable or helpful." For more detailed reviews, visit the ANNA Money Reviews page.

9. Finom

Finom offers a business account with cashback, invoicing, and accounting tools. It is designed for SMEs, freelancers, and companies under registration, providing an IBAN account that can be opened online. The service includes features like fast account setup, international payments, and personal assistance.

• Features: German IBAN in 24 hours, international payments, up to 3% cashback, personal assistance in 1 minute, tailored plans for freelancers, businesses with employees, and companies under registration, free cards and simple invoicing, safe access for employees and accountants, credit account with authorized funds.
• Pricing: The Corporate Plan starts at €149 per month (paid monthly) or €119 per month (paid annually). The Enterprise Plan starts at €339 per month (paid monthly) or €249 per month (paid annually). Cashback rates vary by plan, with up to 1% cashback for the Enterprise Plan on amounts over €1,000 per month.
• Testimonials: Users generally appreciate Finom for its customer-friendly service and efficient support. Vladislav Vashchenko praises the platform for its fast and helpful support, especially for expats in Germany. On the other hand, Mr. Paulo Gonçalves criticizes the company for closing his account after requesting documents and claims he was charged €18 unfairly. For more detailed reviews, visit the Finom Reviews page.

10. Wise

Wise offers an international multi-currency account that allows users to send, receive, and manage money globally with low fees and transparent exchange rates. The service is designed for both personal and business use, providing features like international money transfers, a Wise debit card, and the ability to hold and convert money in over 40 currencies.

• Features: Multi-currency account, low fees for international transfers, Wise debit card for global spending, regulatory compliance by the FCA, high customer trust, robust security measures, interest on GBP balances, business accounts for managing international transactions.
• Pricing: Registering with Wise is free. Sending money incurs a fee starting from 0.29%, holding money in over 40 currencies is free, receiving local payments in specific currencies is free, and there are fixed fees for receiving USD wire and Swift payments ($6.11 USD) and CAD Swift payments (10 CAD).
• Testimonials: Users generally appreciate Wise for its ease of use and cost-effectiveness. Cherilyn A. praises the platform, stating, "You can set up and receive multiple currencies. I could use it as my card/debit card abroad. Easy for me to convert the USD funds I have to the currencies of the country I'm vacationing." On the other hand, a verified user in Information Technology and Services criticizes Wise for its poor customer support, mentioning issues like repetitive explanations and privacy concerns. For more detailed reviews, visit the Wise Business Reviews page.

Which one should you go with?

In conclusion, while each of these platforms offers unique features and benefits tailored to different business needs, OneSafe stands out for its seamless integration of traditional and Web3 financial services. Whether you're a startup navigating the digital currency landscape or an established company seeking efficient financial solutions, OneSafe provides a comprehensive and user-friendly experience. With its exceptional customer support and robust security measures, OneSafe is a reliable choice for those looking to bridge the gap between conventional banking and the evolving world of cryptocurrencies. Ultimately, any of these platforms could serve your needs, but OneSafe is our top recommendation.