Bitfinex wallets are designed for trading and funding purposes. They are not developed or intended to replace local wallets and should not be used to make payments.
Local wallets are programs exclusively for computers that download the entire blockchain to a computer so that you don't need to connect to remote servers to conduct transactions.
Note: Local wallets are well-suited to broadcasting transactions for widespread usages, such as making payments. If you plan to make regular payments or time-sensitive transactions, you should utilise a local wallet because it will best meet your needs.
In addition, Bitfinex wallets are also not designed for long-term storage. However, they are designed for high activity, frequent usage, and trading.
Important: Instead, you can use Bitrefill to purchase gift cards, pay bills, or top up your mobile phone on Bitfinex using cryptocurrency. To learn more about Bitrefill, read What is Bitrefill at Bitfinex?.
If you have any questions regarding your Bitfinex wallet, contact Bitfinex Support for further assistance. We will be happy to help!
