DigiFinex Review 2024 Not A SCAM BUT BEWARE Of This

Moreover, it majorly focuses on the Asian market, except for traders from Singapore. Another primary reason to choose DigiFinex is the security of funds. DigiFinex Limited targets both beginners and experienced crypto traders.

It seems that the withdrawal time of…

The exchange platform is regulated by the Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore (MAS) for secured Blockchain technology. Additionally, every trader registering with the site needs to run through the Know Your Customer and other required steps. Charts are listed by TradingView, a renowned tool with a suite of indicators.

• Margin trading allows users to take bigger investments and get higher returns, while perpetual trades provide a safer earning option that does not involve actual asset transfers.
• Even though it is based in Hong Kong, Digifinex is available to several countries worldwide.
• When I tried to sell it back the order book kept drastically lowering the price if the listed buy orders so that I couldn’t never sell without losing value.
• That’s why we’re taking an inside look at DigiFinex in this comprehensive review.
• Digifinex is a Singapore-based cryptocurrency exchange platform founded in 2018.
• However, the platform has a discounted fee policy, which allows DFT holders to pay less for every transaction.

Is DigiFinex a Secure Platform?

The mobile app features all of the functionality as the exchange site, with the comfort and convenience that comes with being able to use the mobile app anywhere at any time. Users can download the DigiFinex app for both Apple and Android devices. There are a few variations of the user interface between markets. For instance, the spot trading market offers a section with information on every single token offered. The derivatives market, on the other hand, does not have an informational section. Instead, it is replaced by a monitor window to view open positions, orders, and transaction history.

Get the latest cryptocurrency news directly in your inbox.

• Meanwhile, the center is occupied by a chart view, which can display various technical analysis indicators.
• The platform uses two-factor authentication (2FA) to secure user accounts and requires KYC verification for all users.
• This service allows users to choose a trader, and have orders automatically executed on their behalf, copying the moves made by another trader.
• In this way, the crypto community can choose exactly which cryptocurrencies they wish to be able to trade on the DigiFinex platform.
• The exchange also has a minimum withdrawal request that depends on the coin you want to withdraw.

DigiFinex is a cryptocurrency trading platform with over 4 million users worldwide. The digital asset platform offers spot, leverage trading, perpetual swaps, and purchasing digital assets with a credit card. DigiFinex was once one of the largest crypto exchanges by trading https://www.tokenexus.com/nrg/ volume. DigiFinex supports over 350 cryptocurrencies and over 500 trading pairs. Major crypto, such as Bitcoin, Ethereum, and Solana are supported, as well as a large selection of altcoins. There are over 100 trading pairs available in derivatives trading as well.

See all Provider Coupons

The core team also have a wealth of experience in blockchain technology and online network product operations. DigiFinex also has a ‘Help Center’ which provides guides, announcements, and troubleshooting for commonly asked questions. The help center is divided up into categories allowing users to quickly find what they are looking for.

• Services offered on the platform are pretty impressive, especially 100+ Cryptocurrency trading options.
• $DFT is DigiFinex’s native currency that facilitates discounts, bonus transactions, and VIP-level benefits.
• An in-depth Help Center exists to aid users with any questions that they may have when using DigiFinex’s services.
• The rating results published on Cointelligence are based on an independent rating system developed by the Cointelligence team.
• The edge provided by the platform is the Automated loaning and returning, and an 8-hour interest-free period which varies according to whether the position held is long or short.
• DigiFinex offers Crypto Loans to all users who have a Digifinex account.

Perpetual Swaps by DigiFinex trading are derivatives letting traders trade the value. There is no expiry date, no trading of the underlying asset, and the swap price closely tracks the price of underlying assets. Digifinex Review DigiFinex has a finely designed derivative type and has dominated volumes on the leading exchange platform. DigiFinex being one of the top crypto exchanges platform, offers a wide range of services for traders.