DigiFinex Global is a Seychelles-based cryptocurrency exchange platform owned by DigiFinex Limited. It was launched in 2018, and it quickly established itself as one of the most reliable digital coin financial exchanges. DFT is an ERC-20 token that is entirely based on the ETC smart contract system. DigiFinex does not allow unregistered users to trade on the platform. The exchange requires proof of identification by availing of personal details to open an account with them. Data required from the users consist of the Name, Date and birthplace, Email, Phone number, and Mailing address.
Large volume traders have sought out the exchange for its liquidity and trading volume, ranking it as one of the highest trading volumes for an exchange within the Asian market. With a wealth of different options for cryptocurrency exchanges available, it can be a little overwhelming to figure out which exchange is the most ideal trading platform for you. Whether you’re a part of the next generation of new cryptocurrency investors or an experienced trader, this DigiFinex review will aim to help inform you.
So the member can now connect with experts for quick queries about the Cryptocurrency exchange. Digifinex is a cryptocurrency that has its headquarters in Singapore but its registered office in the Seychelles. It’s founders include individuals from well-known companies such as Xunlei, Tencent, Baidu and HP. DigiFinex can be used with ease as the platform was designed for both beginners and professionals alike. There are also detailed guides, a help center, and FAQS for users. To begin using the platform you have to sign up, verify your identity to unlock limitations on your account then proceed to buy crypto and explore all of DigiFinex.
Under the basic version, the user gets a slick trading platform and trading tools allowing for technical analysis on the charts. As mentioned above, selecting the right cryptocurrency exchange platform is a task; it is vital to read reviews to get insight. This article presents users with a complete DigiFinex review that will help in deciding the right one. DigiFinex is a cryptocurrency exchange that allows users to buy, sell, trade, save, and use cryptocurrencies. This DigiFinex review is an up-to-date, detailed analysis of the DigiFinex exchange, containing everything you need to know about DigiFinex and whether it’s the right exchange for you.
Deposit is fast，and over 300 cryptocurrency and the line is convenient to view. The services and products offered by this platform are versatile, giving me loads of choices to boost my revenue. 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. But the search feature is not great, as announcements and help articles are all returned in the search results, making it hard to find information.
DRV by DigiFinex is the native exchange token of DigiDeriv, having a total supply cap of 100 million. There are different issuing methods- 2% private placement + 2% public subscription and + 96% activity rewards. This exchange has a solid 24 hour trading volume, almost always exceeding USD 1 billion on a 24-hour basis. On the date of last updating this review (2 September 2021), the 24-hour trading volume was USD 1.67 billion. Note that the withdrawal fees can be subject to adjustment according to the blockchain conditions on a regular basis. The transaction fee for the Spot transaction is 0.2%~0.5% per order.
Headquartered in Singapore, one of the significant Cryptocurrencies markets, it has an office registered in Seychelles. 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 https://www.tokenexus.com/ fees, trading fees, transaction history, and so on. There is also a FAQ section, and users can open and submit an online ticket. DigiFinex is a leading digital asset trading platform that offers a wide range of features for users. It is designed to provide a secure and reliable trading experience.
The DigiFinex app is available for Android, iOS, and tablet versions. You download and open a DigiFinex account, deposit fees, sell crypto using a native token, etc. So if carrying MasterCard or Visa cards, then go ahead and purchase any Cryptocurrency from the trading website. For deposit fees, the exchange site changes slightly below the industry sitting of 0.25%. Moreover, to avoid any money laundering activities, users must complete the KYC process and provide a stated government ID. Some of the security measures followed by the platform are- two-factor Authentication, secure physical vault storage, cold wallet storage, and compliance with KYC and AML/CTF standards.
For Cryptocurrency withdrawals, the fees applied are similar to the network fees for the particular coin, with some slight additions. Deposits are free but limited to 0.2 BTC worth until you complete KYC verification. Unlike many exchanges, DigiFinex doesn’t charge fees between takers and creators. In fact, the Digifinex Review exchange employs a so-called “level charge model,” which implies a 0,20% fee (a bit lower than most other exchanges). What’s even better is the fact that there are no charges on crypto deposits and withdrawals. For example, DigiFinex charges 0,0003 BTC for withdrawing Bitcoin, a lot less than its competitors.
Since the company’s inception, there have been no reported security breaches or hacks. DigiFinex offers copy trading, allowing users to copy the trade moves of popular traders on the platform. This service allows users to choose a trader, and have orders automatically executed on their behalf, copying the moves made by another trader. We may receive compensation from our partners if you visit their website. DigiFinex US customers can not access the platform or even register accounts. Other countries where DigiFinex is unavailable include Yemen, Syria, Iraq, mainland China, Iran, Hong Kong, Central Africa, Cuba, Somalia, North Korea, Libya, and Lebanon.
If there’s anything to criticize about DigiFinex, it is the misreporting of its trading volume. The exchange says that it clears as much as $28 billion in trading volume per day, while the numbers provided through the API suggest a daily trading volume closer to $1 billion. While inflating trading numbers is not that uncommon, it nevertheless still leaves a bad taste in the mouth. The Launchpad platform allows DigiFinex users to invest in blockchain projects before they hit the mainstream.