DigiFinex- Crypto Exchange Apps on Google Play

If so, then you’ll want to be sure that the platform you choose is safe and reliable. 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 DigiFinex review to help you decide if it is right for your needs. The DigiFinex exchange charges anywhere from 0.2% to 0.5% for spot trading fees on its platform.

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. This platform employs a custom-made security system called HDM wallet technology which provides multi-layered signature protection for its users. HDM wallet technology combines a single cold wallet with multiple hot wallets to ensure transactions are only made with several authorization levels.

Trading Options

So, let’s dive into the world of DigiFinex and explore what it has to offer. It is a Hong Kong-based company but has a presence in different Asian countries including Singapore. Charts are listed by TradingView, a renowned tool with a suite of indicators. One of the powerful features both the preliminary and pro version carries is the “one-click navigation.” Using this, traders can change time, add chart indicators, and set alerts. Like every Cryptocurrency exchange, there are pros & cons that every trader needs to be aware of. Explore whether Digital Surge Exchange is the next best thing for your crypto investment journey.

However, it is important to do your own research before using any cryptocurrency exchange. DigiFinex exchange is a Cryptocurrency trading platform and currently has more than 4 million users globally. 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.

DigiFinex Review – Fees, Supported Coins & Countries, Payment Methods

DigiFinex trading site allows its registered users to deposit and withdraw funds using credit cards and crypto coins. Traders can deposit and withdraw money on paying specific trading fees. The complete transaction will take at least minutes and be deposited into the DigiFinex wallet. 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.

• The borrower typically submits a cryptocurrency as collateral, which the exchange uses as liquidity.
• Because the exchange founding team had a wealth of knowledge in tech, they designed DigiFinex to be a highly reliable trading platform.
• DigiFinex Card is a USDT-denominated credit card that allows users to spend their crypto balance wherever in the world.
• Different crypto assets require varying amounts of withdrawal fees.
• Also, the platform offers massive discounts for holders of its token as well as airdrop and staking rewards.

CaptainAltcoin.com does not offer any sort of financial or investment advice. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. 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. We understand that the safety of your investments is paramount, which is why we’ll delve into the question, “Is DigiFinex safe?

DigiFinex Review 2023

Perpetual Swaps by digifinex review trading are derivatives letting traders trade the value. There is no expiry date, no trading of the underlying asset, and swap price closely tracks the price of underlying assets. 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. This gives investors a wide variety of digital assets to trade and profit from. These costs vary based on the type of trading option selected and the 30-day transaction volume.

DigiFinex’s crypto loans generate a 0.02% daily interest rate and have no attached qualification requirement. All a borrower needs to do is to be a verified DigiFinex user and meet the collateral amount required for the loan they need. Once users repay the loan, they get back the tokens they offered as collateral. For instance, a crypto quant fund can apply concepts like arbitrage to earn more from price variations in different markets. They also use low-latency trading, which helps in rapidly detecting the slightest changes in the market so that investors can have an advantage. The South Korean Financial Services Commission (FSC) has revealed that it is cracking down on 16 cryptocurrency exchanges for failing to register with the authorities.

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. Proof of Reserve (PoR) is a process that proves an exchange has the number of funds it claims to have in its reserves. It shows users that the exchange has fully backed their assets using crypto reserves. DigiFinex has an active and easily accessible PoR system that users can access once they meet the requirements below. DigiFinex provides a crypto quant fund for its high-rolling users.

• To the minimum amount for a coin you want to withdraw, you can check the DigiFinex deposit and withdrawal fees page for more details.
• However, it is important to note that no cryptocurrency exchange is completely risk-free.
• In 2019, it extended its services to the Korean and Asian market by launching Digifinex Korea, a South Korean variant that uses the South Korean Won as the main currency.
• HDM wallet technology combines a single cold wallet with multiple hot wallets to ensure transactions are only made with several authorization levels.

This Singaporean cryptocurrency exchange doesn’t charge different fees between takers and makers. This is slightly below the global https://www.tokenexus.com/what-is-beam-coin-detailed-information/ industry average sitting at 0.25%. The maker fee is 0.20%-0.50%, and the taker fee ranges from 0.20% to 0.50% as well.