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Bitfinex Account Deletion

Leave Bitfinex on your terms

medium
10 minutes
Verified 11/10/2025
Updated 11/10/2025

Written & Verified By

Delete.Directory Content Team

Our team of privacy advocates and digital rights experts has helped over 100,000 users reclaim control of their online presence. We test every deletion process to ensure accuracy.

This guide helps you permanently delete your Bitfinex account. We believe in digital autonomy: your right to leave any platform should be as easy as joining it. Follow these verified steps to ensure complete account deletion.

How We Verified This Guide

Methodology: Hands-on testing with live accounts

Quick Information

Time Required

10 minutes

Difficulty

medium

Steps

8 steps

Official Resources

Bitfinex Support

Official deletion guide from Bitfinex

Additional Resources

[1]
Bitfinex Account Closure

Official guide for closing Bitfinex accounts

[2]
Bitfinex Privacy Policy

Details about data handling and privacy

[3]
Bitfinex Security Features

Information about account security and 2FA

Step-by-Step Guide

1

Close all margin and leverage trading positions

If you have open margin positions or leverage trades, you must close all positions first. Go to Trading and close all active orders and positions.

Tips

  • Check Margin Trading positions
  • Close leverage positions
  • Cancel pending orders
  • Verify zero open positions
2

Close all lending positions

If you have cryptocurrency loaned out through Bitfinex's lending platform, you must close all lending offers and withdraw lent funds.

Tips

  • Navigate to Lending section
  • Cancel active lending offers
  • Wait for lent funds to be returned
  • Verify zero lending positions
3

Settle all trades

Ensure all trades are fully settled and no pending transactions exist. Wait for all transactions to confirm before proceeding.

Tips

  • Check transaction history
  • Wait for pending transactions
  • Verify settlement status
  • Confirm no pending buys or sells
4

Withdraw all cryptocurrency

Withdraw all cryptocurrency from your Bitfinex account to achieve zero balance across all wallet types (Exchange, Margin, Funding).

Tips

  • Check all wallet types
  • Transfer to external wallets
  • Wait for withdrawal confirmations
  • Verify zero balance
5

Remove API keys and 2FA

Delete all API keys from your account settings and disable two-factor authentication. Go to Settings > API and revoke all keys.

Tips

  • Go to Settings > API
  • Delete all API keys
  • Save backup codes if needed
  • Disable 2FA authenticators
6

Request account closure

Log into your Bitfinex account, go to Settings > Account and select 'Close Account'. Confirm you have zero balance and meet all requirements.

Tips

  • Verify zero balance
  • Read closure warnings
  • Confirm your decision
  • Note confirmation details
7

Confirm closure via verification

Bitfinex may send a confirmation email or require verification. Complete any verification steps to finalize the account closure.

Tips

  • Check email for confirmation
  • Click verification link if provided
  • Complete security questions if asked
  • Save confirmation details
8

Verify account closure

After closure is processed, attempt to log into your Bitfinex account to verify it is no longer accessible.

Tips

  • Try logging in
  • Confirm access is denied
  • Save closure confirmation
  • Monitor for any suspicious activity

Important Warnings

Alternatives to Consider

Keep account dormant

easy

Withdraw all assets and close all positions but keep your account without deleting it.

Pros

  • Can reactivate anytime
  • Maintains transaction history
  • No permanent closure
  • Simple to maintain

Cons

  • Data remains on servers
  • Account still exists
  • May receive notifications
  • Not truly deleted
5 min

Transfer to self-custody wallet

medium

Move all cryptocurrency to a hardware wallet (Ledger, Trezor) or software wallet you control.

Pros

  • Full asset control
  • Enhanced security
  • No exchange dependency
  • Long-term security

Cons

  • Personal security responsibility
  • Transfer fees
  • Private key management
  • More technical
45 min

Switch to another exchange

medium

Transfer your cryptocurrency to Kraken, KuCoin, or OKX before closing Bitfinex.

Pros

  • Continue trading
  • Access different features
  • Potentially lower fees
  • Keep activity going

Cons

  • Transfer fees apply
  • New KYC verification
  • Learning curve
  • Account data elsewhere
60 min

Frequently Asked Questions

No. All margin positions, leverage trades, and lending positions must be closed before account closure. Bitfinex will not process closure requests with any open positions remaining.

References & Citations

  1. [1]
    Bitfinex Account Closure

    Official guide for closing Bitfinex accounts

    https://support.bitfinex.com/hc/en-us/articles/115003373372

  2. [2]
    Bitfinex Privacy Policy

    Details about data handling and privacy

    https://www.bitfinex.com/legal/privacy-policy

  3. [3]
    Bitfinex Security Features

    Information about account security and 2FA

    https://support.bitfinex.com/hc/en-us/categories/200251905

All citations verified as of 11/10/2025. We regularly review and update all external links to ensure accuracy.

Found incorrect information?

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Critical Warnings

  • Permanent data loss

    Account closure is permanent and irreversible. All your account data, trading history, lending recor...

  • Must close all positions

    All margin positions, leverage trades, and lending positions must be closed before account closure. ...

  • Trading history loss

    All trading history, margin activity, lending records, and transaction data will be permanently dele...

Last Updated

November 10, 2025

Tags

cryptocurrency
crypto-exchange
bitcoin
blockchain
trading
margin-trading
digital-assets