It wasn't long ago that crypto prices on Bitfinex were quite a lot higher than other exchanges because you couldn't withdraw national currencies [0].

Are their banking issues all resolved now?

Also, if you're domiciled in the US, Bitfinex won't even do business with you [1].

For US customers who what to be legal, Gemini seems pretty solid and verifies new accounts quickly, though they only support Bitcoin and Ethereum [2].

[0] https://www.coindesk.com/spreads-widen-bitcoin-exchanges-ami...

[1] https://www.bitfinex.com/posts/216

[2] https://gemini.com/

I know this, but you can still use Bitfinex by depositing crypto and using a VPN. Not really "illegal".

Gemini is great, but they are slow to verify and as you stated very limited on your trading pairs.

> Litecoin is extremely undervalued.

How did you decide this?

It is faster that Bitcoin (~2.5min avg block time vs ~10min), has a vibrant community, and still very secure. Easier entry price, and you can spend $5 without a $3 fee, or any fee at all.

It also already has SegWit and has for months.

"Easier entry price" is a non-argument, it's always been known Bitcoin would become expensive and trading in single BTC would not be viable; that's why BTC and other cryptocurrencies are expressed in floating point numbers / Satoshis. You can buy 1 Litecoin or 0.01 Bitcoin (example), doesn't matter that much other than having a full number. But the investment price is the same.

Hopefully transaction fees will start to go down once off-chain transactions start becoming a thing.