With over 500 markets and a wide range of trading options, Digifinex ranks as one of the most preferred exchanges for fast, low-cost, and secure trading experience. DigiFinex spot trading is a platform that enables users to buy and sell cryptocurrencies at current market prices. It supports over 300 digital assets, including Bitcoin, Ethereum, and Litecoin, and allows trading against fiat currencies or stablecoins. Users can access real-time market data, set price alerts, and receive price alerts. DigiFinex offers low and transparent fees, with a flat 0.2% fee for both makers and takers. Users can also enjoy lower fees by holding the DigiFinex native token (DFT) or joining the VIP program.

• However, the platform recently enabled credit card deposits.
• It ensures the full protection of its users and the funds they bring onto the platform.
• For margin and perpetual trading, the fee is a flat rate of 0.05% which is further discounted for DFT holders.
• Similar to other trading platforms, the DigiFinex trading exchange offers an interest-earning program called Wealth.
• This convenience allows you to open and close positions automatically, without having to sit at your computer and monitor quotes.

DigiFinex offers its own chart data as well as integration with Trading View technical analysis charting tools. The various tradable markets are aligned on the left side of the trading interface window, with a running order book and token pair trading history on the opposite side. DigiFinex is given an average liquidity score of 447 (out of 1,000) by CoinMarketCap, which is below average. This means that users placing large spot orders may end up paying higher prices due to excess slippage, making the spread fees possibly higher than other exchanges.

South Korea To Block KuCoin, Others In Crackdown On Unregistered Crypto Exchanges

Similar to the best fiat-to-crypto exchanges in the world, DigiFinex users can top up their trading accounts and buy crypto using a credit card via Simplex, Mercuryo, or Wrye. DigiFinex supports a total of 110 fiat currencies to purchase major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, XRP, and many other altcoins. DigiFinexToken (DFT) is the native digital asset of the DigiFinex cryptocurrency exchange. It can be traded on spot markets and provides holders with the benefit of lower trading fees when trading on the platform.

To give an example, if a long position on a 3x ETF gains 1%, the ETF actually gains 3% based on the leverage and price of the underlying asset. Currently, the exchange has over 18 different ETFs available for trading. Kevin started in the cryptocurrency space in 2016 and began investing in Bitcoin before exclusively trading digital currencies on various brokers, exchanges and trading platforms. He started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.

DigiFinex exchange is very nice

These funds diversify the investor’s crypto portfolio, reduce risk, and apply advanced trading tools to predict and navigate the markets safely. Cryptocurrency quantitative funds or crypto quant funds are a popular trend in the crypto markets for investors with high sums of money to invest in crypto. These funds operate like hedge funds but have the advantage of crypto quantitative analysis tools to make them even more profitable. Digifinex has a lot of different financial products for people like me to choose.

That’s why we’re taking an inside look at DigiFinex in this comprehensive review. By diving deep into its features, security protocols, account opening process, and customer support offerings. So here is a https://www.tokenexus.com/ to help you decide if it is right for your needs. The DigiFinex trading platform is available for users of Android and iOS devices natively, which means that the exchange might be a good option if you are often trading on the go.

Does Digifinex Have Mandatory KYC?

DigiFinex support is available 24 hours a day, 7 days a week. The exchange is more self-service in nature, with a help center containing educational resources, withdrawal fees, deposit fees, trading fees, transaction history, and so on. There is also a FAQ section, and users can open and submit an online ticket. DigiFinex limited is also known for rewards and 24/7 customer support. No matter what issue traders face, expert assistance is offered. The in-house developed security has multiple fail-safe layers, two-factor authentication, giving cryptocurrencies heavy protection.

• The exchange claims to provide high liquidity, fast trading, and top-notch security.
• Crypto derivatives trading is another offering on the DigiFinex cryptocurrency trading platform.
• The DigiFinex app is available for Android, iOS, and tablet versions.
• Referral program is available in the profile settings, under Referral Rewards.
• However, DigiFinex’s service is a little different from other trading platforms and is actually more of a custodial manager, which was built by DigiFinex’s quant team.

Users must enter personal data, including name, birthdate, phone number, home address, valid ID card or passport copy, and address verification. Users can access a comprehensive list of trading pairs with just one click, and a quick menu allows them to switch between spot and margin trading. Users can also add their favourite cryptocurrency pairs to a list, giving them quick access. Market, limit, and stop limit orders are just a few of the different order types offered. DigiFinex Wealth management offers various financial products, including Stable Earning, Advance Stable Earn, Cloud Mining, and Merged Mining.

How to Sign up on DigiFinex?

There are many reasons why traders should use this DigiFinex platform for trading purposes. The very first reason is it allows more than 100 cryptocurrencies trading, which is enormous compared to other exchanges. So the user has options to select among the best or use multiple digital assets to trade. DigiFinex does not charge deposit fees – all cryptocurrency deposits are free. They charge different fees and the page shows which transfer will be cheaper. Once the purchase amount is entered, the gateway will ask for bank card information.

DigiFinex App users can instantly access 24/7 Customer Service through Live chat. Users on the official website can access the Live chat service or the support’s email service. The support structure also includes a Self-Service feature where users can access a wide range of helpful information. That being said, one should still be cautious before trading on the platform(or any other platform for that matter). This is because cryptocurrency trading comes with certain risks, requiring that you only invest money you can afford to lose. Completing the KYC process on DigiFinex requires a lot of documentation, but it is worth it.

DigiFinex

DigiFinex doesn’t allow users to deposit or withdraw using debit cards. Moreover, the platform uses Wire Transfer, Simplex for transfer purposes. The Wire Program has a set limit of $500-$40,000 per day, charging the DigiFinex fee. Long-term traders should know Digifinex Review that the platform charges an overnight interest rate of 0.05% while using the DigiFinex margin trading. Users holding the DFT Token and VIP members will get a reduced fee of 0.06% per transaction. Moreover, if you want to know more about the same, click here.

• There is currently no support for wire transfers or ACH transfers.
• This means that it contains all popular indicators and traders can use them to analyze quotes.
• The various tradable markets are aligned on the left side of the trading interface window, with a running order book and token pair trading history on the opposite side.
• DigiFinex gives the opportunity for their crypto community to take place in an exchange-wide voting competition to list new projects on the cryptocurrency exchange.
• The slick trading tool has made this Blockchain technology platform worth using.