What you might not know is that the Bitfinex app is built in a different way than most crypto trading apps, and that it actually matters.
It's really not to geek out.
Unlike with most altcoins, in the case of the Bitfinex app the superior tech matters. The reason is it makes it **super quick to set up the app securely**.
With the right configuration you can trade without worry even on your regular phone -- even if it carries malware, spyware, credential stealers and whatnot. The **configuration is a matter of ten seconds** in your Bitfinex account, as accessed from browser.
### How to configure Bitfinex app for safe trading on your normal phone
> What you need
1. **A [Bitfinex account](http://bit.ly/the-cat-mouse-game) set up from a clean, trusted device**. You can use your laptop if you are confident it's secure. (By the way, Bitfinex has no minimum deposit limit anymore.)
2. **A smartphone** to install the app from Google Play or App Store. Don't use the same device as you used to register on Bitfinex.
We have written before about how important it is to [tier your devices](/security/device-management/). For instance, you should not have your main crypto wallets on a laptop that you use for download sites or to stream movies illegally, because the pop up ads there are full of malware.
In 2020, when you're already making a malware, it's really the standard to include something to check for crypto wallets. It's an easy task for a programmer and if they find a wallet file, it's easy money.
What is also pretty much a standard is to try and get your saved passwords, or to plant a keylogger into your device, with the specific focus on login credentials for the most popular crypto trading platforms.
> First Security Advantage: No Login
With the Bitfinex app though, you are accessing the exchange with a PIN code or fingerprint, **never with your full login data**.
That's what makes this app so secure. Even if your phone has some malware that's specifically looking for your Bitfinex credentials, they are simply not there.
However, you will defeat the purpose of this system if you sign up from the browser on your phone and then start using the app on the same phone.
So don't do it.
> Second Security Advantage: Allow Only What You Will Use
After sign up, head to your account Settings and select 'API'. If you are logged in, go straight to `bitfinex.com/api`.
Create a new API key and consider which functionalities you will allow. For example, if you are not a trader but you use Bitfinex to provide margin funding, you can disable everything other than the two funding-related options.
If somebody gets access to your phone and gets into the Bitfinex app now, they **won't be able to do anything** else other than submit your money as a funding offer.
**Disabling withdrawals** for use on an unsafe phone is probably a no-brainer.
As you save the API key configuration, Bitfinex will show you a QR code which you will need, so don't close anything yet.
> Don't Screw Up Now: Download The Real App
The real **Bitfinex App Store** identity (developer ID) is `Bitfinex`.
Get the Bitfinex app from Google Play or iTunes and install it. If you use Android, the page for the genuine Bitfinex app on Google Play should look similar to what you see on the screenshot below.
Never download cryptocurrency trading apps from unknown sources.
When you're done, open the app and click 'Login'. The app will ask you to scan the QR code of your API key, which will set up the connection to your exchange account.
After that, you will be only asked to create a PIN and to save your fingerprint, if your phone supports that...And that's you done.
Last added to Crypto Airdrops, Bounties & Opportunities
Airdropped Token or Opportunity
About the airdrop
DOT and GRT trading fee discount (reliable exchange, easy KYC)
Until 9 March
Polkadot and The Graph trading has been enabled on the Aussie exchange Independent Reserve in fiat pairs with AUD, NZD, SGP and USD. (International deposits available, KYC individual). The trading fee is 0.1% flat for accounts without premium or volume discount for the first two weeks of trading.
Armor Network is a fast, anonymous and untraceable cryptocurrency integrated into Telegram ecosystem. No ICO, no premine. Genesis block 21 Jan, mining rewards are still high. WARNING: Right now uses a Telegram wallet, so you don't own the private key.
Bitfinex intermediate verified users can enter any of the 4 trading competitions and fight for prize pool of 50k USDt. More information in the banner at the top of the chart in Bitfinex trading interface.
Opportunity: DeFi Tokens on reputable exchange with lower fees
14 days after listing
The Aussie exchange Independent reserve is listing new DeFi tokens these days. For each of the new markets has the fee reduced to 0.1% for the first 2 weeks.
Currently those markets are yearn.finance, Aave and Kyber Network Crystal.