DigiFinex review 2023: How to use DigiFinex & More!

This digital coin trading platform offers perpetual swaps, purchasing digital coins using a credit card, and leverage trading. In the age of crypto trading, traders have many options to choose the platform and start trading. From native exchange tokens to the latest ones, trading platforms following regulations offer options to traders to trade without any issues. However, choosing the right trading platform and having insight into coin exchange are vital. Since there are several crypto exchange options, choosing the right one is quite a task. Since its inception, the DigiFinex platform has seen growth in both liquidity and trading volume, ranking high on the list of top exchanges in the Asian market for global traders.

• DigiFinex is an Hong Kong-based cryptocurrency exchange with more than four million users from all over the world.
• It has multiple trading options, including Spot, Margin, Perpetual, and Fiat to Crypto trades.
• For Cryptocurrency withdrawals, the fees applied are similar to the network fees for the particular coin, with some slight additions.
• Once that new user funds their DigiFinex account, the odds of winning a bid increase.
• Additionally, Digifinex stores the majority of its funds in cold storage, with only a small percentage of funds being held in hot wallets for immediate withdrawal purposes.

Our goal is to equip you with the necessary information about DigiFinex, enabling you to make informed decisions in your cryptocurrency journey. So, let’s dive into the world of DigiFinex and explore what it has to offer. This policy lets DFT holders get as much as a 25% discount, leaving some high-tier VIP members with transaction fees, also known as makers fees, that are as low as 0.060%. The system automatically enables discounts as soon as one purchase DFT. However, cloud mining opportunities, like the one offered by DigifFinex, improve the ease and profitability of Bitcoin mining.

Comparison Table of the Best Crypto Exchanges in the USA

This feature lets users stay informed about new crypto projects, such as launch dates, crypto exchange listing dates, and wallet integrations. However, the exchange allows users to buy cryptocurrencies through third-party merchants via credit card or bank transfer. While credit card transactions are practically instantaneous, verifying bank transfers may take a few days. Digifinex offers 24/7 customer support via email and live chat. The platform also has a comprehensive knowledge base that covers topics such as trading, security, and account management.

However, VIP members and DFT token holders on the platform can lower the fee to 0.06% per transaction, which is a good incentive to purchase and hold the platform’s native token. Crypto loans are available on DigiFinex to registered users. DigiFinex offers these loans https://www.tokenexus.com/ at low-interest rates and zero agency costs. To request for loans, users must fill a borrower’s request. The exchange will examine the request; if accepted, borrowers receive the money immediately. Before taking out a loan, carefully check the interest rate and terms.

Digifinex Review 2023 – Is It Safe?

Here’s a list of the platform’s top ten most lucrative trading pairs. DigiFinex also has human-intervened security, where it assigns a compliance officer to oversee and coordinate all regulatory issues. Legally, this trading platform adheres to Anti Money Laundering laws and regulations. These laws demand that the platform follow strict identification procedures for business and individual clients.

Even though Digifinex is not the top crypto exchange in the world presently, it still packs a bunch because of the various features it offers. Its most appealing quality seems to be that it allows Digifinex Review users to make passive income without having to trade by means of its wealth management programs. Therefore, you can stake, mine, and lock your crypto assets on the platform and expect rewards.

Cloud mining and merged mining

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy. She formerly worked with Baidu Inc and HKBN before forming the Digifinex exchange in 2017. The highest leverage it supports is 5x leverage, with 3x leverage being the other option. When this article was written, DFT traded at $0.05 with a current circulating supply of over 137 million tokens and a maximum supply of 2.1 billion tokens.

So to unlock all limitations on your account you’ll have to complete the DigiFinex KYC process. However, traders from the US and Singapore are not allowed to trade on the website. One reason the US is not included in the Security Exchange Commission’s harsh regulations, which does not allow foreign companies to solicit US investors.