Overall, this could be a great service for those looking to grow their portfolio in a passive way. However, like the other five of these six exchanges registered, this means that DigiFinex is not a regulated cryptocurrency exchange. Singapore-based traders, as well as those in the U.S.A., Iran, or North Korea, will not be able to use this exchange. 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.
- These costs vary based on the type of trading option selected and the 30-day transaction volume.
- The DigiFinex website has a full video guide in the support section that explains how to deposit funds to the platform that will assist beginners.
- Because of such factors, DigiFinex has become a popular CEX in crypto.
- Users on the official website can access the Live chat service or the support’s email service.
- It also provides a range of services, such as margin trading, over-the-counter trading, and more.
- While DigiFinex is unregulated, the platform still needs to abide by international laws to ensure that the exchange can continue to provide trading services to the public.
- Otherwise, you may be left hanging during a banking issue or a technical problem without any way to solve it until someone finally decides to get your issue sorted.
When this article was written, DFT traded at $0.05 with a current circulating supply of over 137 million tokens and a maximum supply of 2.1 billion tokens. Our goal is to equip you with the necessary information about DigiFinex, enabling you to make informed decisions in your cryptocurrency journey. So, let’s dive into the world of DigiFinex and explore what it has to offer. The founding team behind DigiFinex have significant experience with top financial and technology companies from Hong Kong, Mainland China and the US.
Key Services and Features
However, you can withdraw cryptocurrencies either from the app or the website. From there, follow the prompts and expect the coins within minutes depending on network conditions. The process to deposit funds is fairly standard and a 3-step process. Select the cryptocurrency, copy the unique deposit address and transfer funds from another exchange or a cryptocurrency hardware wallet.
Last but not least is to upload the handheld picture of your photo ID. See the video tutorial attached below for the practical purpose. While adding the payment method a user has to go through ID verification which we will discuss further in this article. Their core team comes from well know technology companies i.e.
Other Names for DigiFinex
The processing time for fiat transactions depends on the user’s bank. Users are restricted to use cards that are registered Digifinex Review in their names. Crypto derivatives trading is another offering on the DigiFinex cryptocurrency trading platform.
HDM wallet technology combines a single cold wallet with multiple hot wallets to ensure transactions are only made with several authorization levels. Additionally, the platform uses two-factor authentication to verify users and keep out any unauthorized third parties. Withdrawal fees on DigiFinex https://www.tokenexus.com/ depend on the currency being withdrawn. Different crypto assets require varying amounts of withdrawal fees. Similarly, each token has its unique withdrawal limit, prescribed on DigiFinex’s website. Another impressive feature that DigiFinex users enjoy is the crypto-backed loan feature.
Digifinex Review
It offers a variety of features, including spot trading, margin trading, derivatives trading, and staking. DigiFinex is a popular exchange among traders and investors due to its high liquidity and low trading fees. In our DigiFinex review, we found that DigiFinex is a secure, user-friendly, and reliable cryptocurrency exchange. It offers a wide range of trading options and features, including margin trading, spot trading, and futures trading, with hundreds of trading pairs available.
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