DigiFinex Review
overview
There are lots of platforms available for traders to choose from in the world of crypto trading. Choosing the proper platform is not difficult, as there are several options. One example of a Cryptocurrency exchange platform is DigiFinex.
DigiFinex is a digital coin exchanges app, best cryptocurrency trading platform with over 4 million users worldwide. It offers perpetual swaps, purchasing coins by credit card and leverage best cryptocurrency trading platform. Due to its user-friendly features and the growing number of traders, it ranks 10th for liquidity and trade volume as per the CoinMarketCap website. Headquartered in Singapore where one of the most significant Cryptocurrency markets are located, DigiFinex has an office registered in Seychelles. From six exchanges registered there so far, it is one that guarantees 100+ major cryptocurrencies along with ten fiat currencies traded actively on its platform; numerous coins can be found including Bitcoin (BTC), Cardano (ADA), Aave(AVA) ChainLink (LINK) Ethereum – ETH etcetera which has their own form of the token by way of DigiFinex Token or DGTX as currency pair on this site/platform.
About
DigiFinex is a best cryptocurrency trading platform owned by DigiFinex Limited, which was established in Seychelles and launched in 2018. DFT, the token of this platform, can be found on the Ethereum blockchain with a liquidity of 130 million tokens. The company has upgraded its system to ensure smooth trading and well-protected funds; its core team conducts operations from Malaysia, South Korea China as well as Hong Kong. It’s been expanding its reach to attract traders globally while US citizens cannot trade at this exchange due to regulations from their country; however, people residing in Singapore are able yet unable to do any trades on it either because they don’t have access to that region too. In 2019 DigiFinex Exchange launched “DigiefinexeKorea”, especially for traders residing in Seoul using Korean Won where people can buy crypto currency bitcoin, Litecoin among other digital currency exchange assets through Simplex between July 29th – August 17th only.
Trading Volume
The volume of this exchange’s 24-hour trading is always higher than USD 1 billion and often exceeds it. On the date of the last update of this review (2 September 2021), the 24-hour trading volume was USD 1.67 billion.
US-investors
The answer has three letters: SEC. That is why the SEC is so scary because, in America, foreign companies cannot solicit US investors unless those foreign companies are also registered in the States (with the Securities Exchange Commission). If a company solicits an American investor anyway and it isn’t registered, then it can be sued by the SEC.
There are plenty of examples of when they have done this- one being when they sued EtherDelta for operating an unregistered exchange after which it shut down its service. Another example was when Bitfinex faced lawsuit claims that Tether (USDT) had misled investors and could be used as a potential money laundering tool without actually backing up USDT’s dollar value of assets under management with corresponding fiat currency holdings.
Digifinex does not allow US investors on its exchange, but if you’re from there and would like to engage in crypto trading platform, then you’ll need to find another place to go! Fortunately for you – if you look at our list of exchanges available here – we sorted based on what country each site accepts new account holders from.
Digifinex Trading View
Different exchanges have various trading views, and there is no “this overview is the best” view. You should decide which trading view suits you best. Most of the time, all of them show the order book or at least part of it; a price chart for cryptocurrency and order history; buy and sell boxes. Before you choose an exchange, try to look at their trading view so that you can ascertain if it feels right to you! The below picture shows Digifinex’s trade interface.
Digifinex Supported Coins
DigiFinex supports more than 100 cryptocurrencies for exchange. This includes Bitcoin Cash, Bitcoin, Aave, Litecoin, Chainlink Cardano Ethereum and VeChain. Selecting multiple currencies to trade is possible on the best platform to buy cryptocurrency where there are over 4 million users from 150 countries trading and when it comes to countries their primary target is covering the Asian market. The company also allows traders from Malaysia South Korea Australia China Singapore but due to SEC regulations US citizens cannot trade on this website however DigiFinex does have an office in Singapore which prevents them from soliciting US investors because of strict security exchange commission regulations that do not allow foreign companies targeting American investors.
Securities At Digifinex Best Cryptocurrency Exchanger
DigiFinex provides two-factor authentication, limits hackers from stealing funds effectively, and is one of the most secure crypto exchange with the most coins out there. Along with this, you have options like Google Authenticator or Alibaba Authenticator (the former better for foreign traders) as well as OTP functionality in addition to a login password that can’t be accessed without the corresponding code.
With these features, many would say Digifinex has never been subject to a single security breach-which speaks about its safest crypto exchange level-. Although it doesn’t provide any insights into its safety features either, such as full name information and other details which would help us know how safe it’s really going to be once we sign up for an account.,Full name ID verification is required for specific users which may take time.
Trading Coins Guide At DigiFinex
DigiFinex is a trading service that allows you to trade both the best sites to buy a cryptocurrency and the mobile best cryptocurrency trading app. To begin trading, make sure there are enough funds in your account.
To get started with DigiFinex straightaway, choose the “Exchange” section which features crypt candlestick charts powered by TradingView-tools for technical analysis of any given cryptocurrency platforms pairs
Digifinex’s trading platform is simple enough. The colour-coding on this exchange is a little different from the ones of its peers. Whereas all positive charges are shown in red and reduced volume output can be seen in green, other clients may have an issue with this colour scheme but it was designed to keep up with the Chinese market where red symbolizes luck.
On the left side of a crypto exchange list of all available assets (alongside their current price and most recent changes), there’s also an order book that you’ll see on your right-hand side which crypto exchange displays pending buy or sell orders – both types include clear details like amount,crypto exchange prices etc.
Best Crypto Brokers
Trading in crypto currencies is an excellent way to grow your wealth when done right. But finding the right crypto broker can be a daunting task. With so many brokers to choose from, you need to find someone that offers a trade for any type of currency and has low fees. If you’re looking for a reputable cryptocurrency broker, then look no further! Here are five of the best crypto brokers available today.
Supported Currencies & Countries
DigiFinex supports more than 100 cryptocurrencies for trading (Bitcoin Cash, Bitcoin, Aave, Litecoin) and a large number of high-quality blockchain projects. There are 4 million users from 150 countries in the platform to trade with DigiFinex. Their primary target is covering the Asian market: Malaysia; South Korea; etc., as well as Australia and China.
However, traders from US or Singapore cannot trade on this website due to SEC’s regulations which do not allow foreign companies to solicit US investors in order for them not to be subject to harsh laws. The company has an office located in Singapore though! One reason why the US isn’t included within these strict regulations is that they don’t accept any kind of investments from foreigners at all
DigiFinex Registration Process
All users need to register and create an account with DigiFinex. They must follow all the necessary steps of registration for accessible trading facilities on the website.
Steps as a process of registration in DigiFinex:
1) Visit the official website of DigiFinex, and click on “Register.”
2) Read through all of the terms and regulations before agreeing with their terms when deciding what they will be doing while registered at this site. Once done, go ahead by registering your account here.
3) Provide complete details which include email ID in order to get verification mail.
4) Clicking on that link sent via email makes you become a verified member.
5) Providing proof-of-identification is required for trading purposes; also completing KYC (Know Your Customer), personal information, government-issued ID card or passport are needed too along with residential address shown below these requirements mentioned earlier.
6 ) After getting verified from various sources like identifications proofs such as government-issued IDs or passports etc., traders could receive a daily withdrawal limit increase up to 50% higher than normal limits coupled with 60% discounts off fees down from 0%. They can even get access benefits including preferential.
Is DigiFinex Safe?
There have been no cases of hacking or data breach on the DigiFinex platform so far. It appears to be one of the most secure platforms with bank-like security, including multiple steps for registration. Moreover, in order to avoid money laundering activities and keep user assets safest crypto exchange, users are required to complete a KYC process by providing their stated identification certificates as well as other documents like PAN card copies. The core team ensures that users’ critical information is stored securely using cold wallets and physical vault storage coupled with two-factor authentication processes followed by compliance with KYC standards.
Why Choose DigiFinex?
The very first reason is it allows more than 100 cryptocurrencies to be traded, which is enormous when compared with other exchanges. This means the user has options of selecting among the best crypto exchange in world or using multiple digital currency exchange assets to trade- so they’re not limited by one single token/ coin exchanges app as an option.
Another primary reason to choose DigiFinex over others is that its security of funds can’t be beaten; it’s regulated but Australia’s Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore (MAS). Furthermore, every trader registering on the site needs to go through Know Your Customer and other required steps before doing any sort of trading activity- making sure their account doesn’t get hacked in a way too similar manner like Mt Gox did back in 2014! With a slick design interface both for desktop users as well as those who prefer mobile best crypto exchange apps, people will have no trouble completing transactions.
Finally, make things better? The company also offers higher liquidity rates alongside wider market coverage due primarily focus on Asian markets – except if you happen to live in Singapore then you’ll need someplace else… all crypto exchanges by size said this Blockchain technology platform has made life easier for traders worldwide!
Global crypto exchange
The global crypto exchange community is in a frenzy right now over DigiFinex. This exchange is marketed as being the first global crypto exchange that allows you to trade both cryptocurrencies and stocks.
Many people are already skeptical about it because of the promises that have been made about it, but there’s a lot more for you to be concerned about. There have also been many complaints from traders who have tried this and found that they didn’t get their money after trading on the site. It looks like this is just another scam in an industry riddled with scams.
If you’re thinking of investing in this, read on to learn why you should not invest your hard-earned money into DigiFinex!
P2P Crypto Exchange
The main reason you should stay away from DigiFinex is that it’s marketed as a p2p crypto exchange. This exchange is designed to allow people to trade cryptocurrencies and stocks, but we’ve seen this before with Bitconnect and other scams. While most crypto exchanges are centralized, DigiFinex claims that it’s a p2p crypto exchange–but according to their terms of service, they actually have total control over the market at all crypto exchange times.
Top Crypto Trading Platforms
The cryptocurrency market is a very unpredictable place. Cryptocurrencies are volatile and have the potential to significantly exceed or depreciate in value. This makes trading risky for many traders, who may not be able to withstand losses. Here are some of the top crypto trading platforms that offer a variety of investment opportunities for those looking for safe and secure investments:
Coinbase ,Kraken ,Binance ,Bittrex ,Bitfinex ,Poloniex.
Features
- This software supports more than forty fiat currencies as of this writing.
- Users can buy crypto currency exchange from their bank accounts with credit cards and other payment methods.
- It is regulated in Australia and Singapore
- The platform has two native tokens, the DFT and DRV.
- Crypto exchange assets are securely stored in cold wallets, which provide optimum security.
- To use all functions of the exchange, users must complete KYC verification first.
Trading with DigiFinex
DigiFinex Limited is a best platform to buy crypto with both basic and pro versions for people who want to trade crypto. With the basic version, users have access to a slick trading interface and tools allowing them to do technical analysis on charts that are listed by TradingView; this tool features a suite of indicators.
One powerful feature both the preliminary and pro user interfaces carries is “one-click navigation”, which lets traders change time, add chart indicators, or set alerts with just one click – it’s really simple! The layout in the pro user interface doesn’t differ much from what you see in other best platform to buy crypto – there’s an order window where you can switch between spot trading or margin trading along with pre-setting volume amounts on sliders.
Trading Assets of DigiFinex
DigiFinex offers multiple trading assets including Bitcoin, Bitcoin Cash, and spot currency trading. You can choose the asset that you are most confident about for a good crypto exchanges return. Traders do not have to pay heavy fees for the exchange of these assets.
DigiFinex App
Best crypto trading app has been downloaded over 50,000 times and it has received good crypto exchanges review ratings so far. Users can download the DigiFinex ia a cryptocurrency trading App and start with trading after completing the registration process (only for new users).
The DigiFinex best cryptocurrency trading App is available in Android, iOS, and tablet versions. You need to create an account on our platform where you will deposit your fees before selling crypto exchange with the most coins using one of our native tokens or other cryptocurrencies that we currently support on CoinMarketCap.
DigiFinex Security
All digital assets in the platform are highly secured to avoid third-party access or data breach.s. Moreover, before trading, every user needs to provide Proof of Address and under the KYC process to ensure trading activities are done without any suspicious processes happening but no money laundering either.
Output: BestCryptocurrency exchanger coins come with the high security from being accessed by a third party which is why they’re considered so valuable in today’s society! Here at DigiFinex, we offer three ways for users to store their cryptocurrency- one being via KeepKey, Trezor and Ledger Nano S Cold Wallet wallets.
DigiFinex Customer Support
DigiFinex offers the best crypto exchange in world customer service in all forms to registered users. If you want to know about withdrawal fees, deposit fees, trading fees or any other DigiFinex account-related program then 24/7 customer support is available for you. The customer service team at DigiFinex is the best crypto exchange in world of its kind and has experts that can help in quick queries about our Best Cryptocurrency exchanger platform with live chat sessions as well!
Pricing
SPOT TRADING FEES
The trading fee for the exchange is a flat 0.2%. However, users of the platform who hold certain amounts of DFT will get discounts on this fee as shown in the table below. There is also a 25% discount regardless if you have any amount of DFT holdings available!
LEVEL | 30-DAY TRADE VOLUME | DFT LOCKED | MAKER | TAKER | 25% DFT FEE DEDUCTION |
Regular User | 0.00 USDT | 0 | 0.15% | 0.2% | 0.15% |
VIP 1 | 100,000 USDT | 100 | 0.12% | 0.18% | 0.135% |
VIP 2 | 1,000,000 USDT | 500 | 0.1% | 0.16% | 0.12% |
VIP 3 | 5,000,000 USDT | 2,000 | 0.08% | 0.14% | 0.105% |
VIP 4 | 20,000,000 USDT | 10,000 | 0.01% | 0.12% | 0.09% |
VIP 5 | 200,000,000 USDT | 30,000, | 0.008% | 0.1% | 0.075% |
VIP 6 | 500,000,000 USDT | 100,000 | 0.006% | 0.08% | 0.06% |
MarginTrading Fees
There is a flat fee of 0.05% on margin and perpetual trading, which is further discounted for DFT holders. Additionally, there are special privileges if you close your trade before 10 a.m the next day: funding fees will be waived in this case!
DigiFinex Deposit and Withdrawal Methods
The withdrawal and deposit in DigiFinex are now fast and straightforward. It resulted in limiting new Crypto trading platform investors from doing any trading activities on it.
For deposit, the user can now use a credit card instead of having to use Bitcoin or Ethereum for purchase because of increasing credit card transaction fees at other brest sites to buy cryptocurrency such as Coinbase’s GDAX which make it an expensive option for purchasing cryptocurrencies like BTC with USD! For withdrawal fees though, there is a slight difference when compared to most trusted crypto exchanges by size online best cryptocurrency exchanger platform that charge 0% – .25%. The website charges 0.0003 BTC (0%!), which is much lower than the industry number sitting usually between 2%-5%. Users can both trade cryptos like Bitcoin (BTC) or stablecoins like Tether(USDT).
Traders may either go through their desktop version of the exchange site or download its mobile best crypto exchange app too! There are three steps: 1) choose your desired cryptocurrency; 2) copy the address where you want your coins sent to; 3) transfer funds from this exchange site wallet into whatever best crypto wallet and exchange you have set up elsewhere beforehand via another service provider if necessary.
Pros
- The platform supports 43 different fiat currencies which can be used to buy and sell cryptocurrencies. When this article was written, there were 43 supported currencies on the platform.
- There are many cryptocurrencies that you can use on the platform.
- The trading platform offers many activities that allow you to earn passive income. Whether you know how to trade or not, there are still ways for you to make money on the trading platform.
- This is a very simple and straightforward fee structure. You know what you are paying for, and the reason why it needs to be paid, which kind of eliminates any hidden costs or fees.
- It has a robust list of mobile crypto exchange apps for all major operating systems.
Cons
- The services of this platform are not available to people in certain countries.
- The payment options on the platform are limited, but they seem to be sufficient.
- The payment options on the platform are limited, but they seem to be sufficient.
- The website does not allow you to store fiat currency on their site. You can only use fiat currency in order to purchase cryptocurrency with lowest fees it.
FAQs
The company is registered in Seychelles and operates from Hong Kong offices with various other locations. It offers more than 4 million users trading opportunities, which are regulated by ‘Cryptocurrency exchanger platform in Australia’ and hold the provision exemption of digital payment token services in Singapore. Users can securely trade cryptocurrency without any hesitation because it has a user-friendly interface that holds the provision exemption of digital payments tokens under MAS regulations. Users can also connect to its crypto trading platform community for help if they need it thanks to its friendly customer service team which knows all about cryptocurrencies!
If you want to withdraw from DigiFinex, the process is pretty easy. Visit their website and click ‘Withdraw.’ Then select which currency you want to withdraw. Enter your Address Tag with coins followed by how much money (in the form of either BTC or ETH) and submit it all in order to initiate a withdrawal request!
As with any platform, it is not perfect. But overall the experience has been excellent and no hacking or data breach were founds so far. It also supports 150 countries around the world!
Yes, the rewards for user referrals are up to USD 2 for each new customer depositing fiat currency and completing their first successful transaction. There is also a program that provides up to 48% of the trading commissions from referred users. Existing traders can use and share referral links with friends and family members in order to receive trading rewards as well. You can download an Android or Ios version of this best crypto trading app if you want your own personal link!
Conclusion
Digifinex is not the top 10 crypto exchange in the world presently, but still offers a lot of great features. The most trusted crypto exchanges appealing quality about Digifinex seems to be that it allows users to make passive income without having to trade through its wealth management programs. This means you can stake your coins, mine them, and lock them here-expecting rewards! It also offers discounts for token holders along with airdrop and staking rewards.
Although certain risks are involved in best cryptocurrency trading platform, one should still be cautious before proceeding with the trade. This is because it comes with a cost and you may not have enough money to lose if you invest your savings or other funds that can potentially make large losses.
