What BFX does

BFX is a private, for-profit digital asset platform that operates a crypto asset contract trading venue, founded in 2018. The company is structured as a for-profit entity, and its publicly stated short description positions it as a "crypto asset contract trading platform," implying a derivatives or perpetual-swap-style product serving digital asset traders. The firm's online presence is anchored at bfx.nu, a .nu-registered domain, and the website is currently gated by an anti-bot service (AntiBot.cloud), with a Russian-language LiveInternet traffic counter visible on the gated page — signals consistent with a CIS/Russian-market orientation, though no explicit operating geographies are disclosed.

The available source data is materially thin. No products, services, technology stack, pricing model, headcount, management team, customer base, regulatory status, or revenue figures are documented. The only capital event in the source is a 2019-07-25 funding round with an undisclosed dollar amount, co-led by three crypto-native funds — Consensus Lab, Lianxing Capital, and MI.VC. No subsequent funding, M&A, partnership, product launch, or leadership data is present, and social profiles, app store presence, and office locations are all unrecorded. As a result, the business model mechanics (fee structure, maker/taker pricing, listing revenue, or ancillary services) cannot be characterized beyond the generic "contract trading platform" descriptor.

Name

BFX

Website

https://bfx.nu

Company type

Private

Founded year

2018

Short description

BFX is a private crypto asset contract trading platform founded in 2018, offering derivatives-style digital asset trading services to crypto market participants, primarily in the CIS/Russian region as suggested by its .nu domain and Russian-language site.

Ownership category

akta.pro rank

Product category

Cryptocurrency Derivatives Trading

NAICS

Securities and Commodity Exchanges (5232), Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Centralized Crypto Exchanges (CEX) (FSAPADAA)

akta.pro secondary industries

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA), Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK)

Keywords

• Crypto derivatives trading
• Digital asset contracts
• Cryptocurrency exchange
• Perpetual swaps trading
• Crypto futures platform

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Core offering

BFX is a crypto asset contract trading platform that enables users to trade cryptocurrency derivatives contracts online. Established in 2018 and operated as a for-profit private company, the platform provides access to digital asset contract trading through its website at bfx.nu.

Differentiator

Problem solved

Functional benefit

Products and services

• Crypto Asset Contract Trading Platform Online trading platform that enables users to trade cryptocurrency asset contracts (derivatives) via web access at bfx.nu. Targeted at individual crypto traders seeking derivatives exposure to digital assets.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Broad incumbents

• Coinbase: Largest US-regulated centralized exchange; while primarily spot, it has expanded into futures/derivatives. Comparable as a CEX operator with broader infrastructure advantages over a niche platform like BFX.

Direct peers

• Binance: The world's largest centralized crypto exchange, offering an extensive derivatives/perpetual contract suite. BFX competes in the same CEX contract-trading category but at a vastly smaller scale.
• Gate.io: Long-running centralized exchange with a wide derivatives offering. Same product category (crypto contract trading) and similar broad retail target market as BFX.
• Bybit: Derivatives-focused CEX widely regarded as a pure-play in perpetual contract trading. Same core product (crypto contracts) and similar target audience as BFX.
• HTX (Huobi): Established centralized exchange with significant perpetual contract volume and an Asia-rooted user base, comparable to BFX's positioning around crypto contract trading.
• OKX: Top-tier centralized exchange with a flagship derivatives product line (perpetual swaps, futures, options). Directly comparable to BFX in offering crypto contract trading to global retail and pro users.
• KuCoin: Global CEX offering perpetual futures and other derivative products to a broad retail user base. Directly comparable centralized exchange competing for the same contract-trading flows.
• Bitget: CEX that built its brand around derivatives and popularized copy-trading for contracts. Closely comparable to BFX on crypto contract trading with a copy/social-trading overlay.
• MEXC: Centralized exchange with a strong derivatives book and broad altcoin-listing strategy. Competes for the same contract-trading volume and is a same-category peer for BFX.

Emerging players

• BitMEX: Pioneer of crypto perpetual contracts now repositioned post-acquisition. Comparable as a contract-trading-focused venue, though narrower in scope than full-service CEXs.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BFX