DigiFinex Review: Fees, Pros, Cons, WARNINGS 2023

Digifinex Review

Explore whether Digital Surge Exchange is the next best thing for your crypto investment journey. Organizations seeking accounts on DigiFinex also have to complete their KYC. Below are the requirements for a successful organizational KYC verification in DigiFinex. She formerly worked with Baidu Inc and HKBN before forming the Digifinex exchange in 2017. Our goal is to equip you with the necessary information about DigiFinex, enabling you to make informed decisions in your cryptocurrency journey.

Before taking out a loan, carefully check the interest rate and terms. This includes Bitcoin Cash, Bitcoin, Aave, Litecoin, Chainlink, Cardano, Ethereum, https://www.tokenexus.com/bxy/ VeChain, etc. The insurance fund service by DigiFinex act as the safety-nets protecting traders from losses and ensure profits on trading is paid.

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The domain is impressively casual and highly interactive with easy access to the available facilities offered and also the crypto market standings. Users can configure the chart display, initiate price alerts, change the trading view and access the order book with seamless navigation. Shifting between Spot and Margin trading has never been easier and users can view their positions, open orders, and history orders in one display. The platform boasts prompt Customer Service with a unique self-service option. DigiFinex processes about $250 million in daily spot trading volume, which makes it a top 60 crypto exchange by volume. But for derivatives, it processes over $1.5 billion in daily volume, which is in the top 30 of all exchanges.

  • It is a Hong Kong-based company but has a presence in different Asian countries including Singapore.
  • DigiFinex was founded in 2017 in Seychelles and is headquartered in Hong Kong, with offices in Singapore, China, South Korea, and Australia.
  • Existing users can share their referral link or promo code with friends and family to receive rewards.
  • If foreign companies solicit US investors anyway, the SEC can sue them.
  • Long-term traders should know that the platform charges an overnight interest rate of 0.05% while using the DigiFinex margin trading.
  • Even if Digifinex is not the most popular cryptocurrency exchange in the world right now, it still has a lot to offer in terms of services.

As for customer experience, DigiFinex has a ⭐ rating of 2.9 in 47 user reviews on Trustpilot. This is considered an average rating on Trustpilot with mixed user reviews, but some users still have positive things to say. DigiFinex is also one of the largest cryptocurrency exchanges in terms of trading volume. It supports over 700 cryptocurrencies, including major cryptos like Bitcoin and Ethereum, as well as a wide range of altcoins. DigiFinex exchange offers its users a mobile trading app that has been downloaded over 500,000 times with an average review rating of 4.9 out of 5 stars. Traders can monitor the crypto market prices and trade positions at anytime and anywhere using the DigiFinex app.

DigiFinex Card

DigiFinex exchange supports a wide variety of digital assets that can be used as collateral on the spot or leveraged markets. The platform also offers a range of trading options, including spot, leverage, perpetual, and fiat to crypto trades. It supports at least 300 altcoins and 500 trading pairs for this purpose, making it a highly reliable exchange. Other services like cloud mining and a launchpad make the platform worth choosing. Users can fund accounts on DigiFinex from an external crypto wallet address or purchase digital assets on the exchange’s platform at current rates using debit cards or credit cards. The processing time for fiat transactions depends on the user’s bank.

  • DigiFinex has cloud mining and merged mining, allowing users to earn Bitcoin without needing to purchase their own hardware.
  • Thanks to the organization of the help center, users can easily find the information they need.
  • However, traders from the US and Singapore are not allowed to trade on the website.
  • On successful trades, the profits are shared with the trading experts.
  • Like all Cryptocurrency exchange platforms, traders also need to register and create an account with DigiFinex.

The Compliance Officer undertakes the annual AML audit of the company’s operations. 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.

DigiFinex Review — Is DigiFinex Scam Or Legit?

Meanwhile, the center is occupied by a chart view, which can display various technical analysis indicators. Any amount lower than this will result in a failed transaction. The exchange also has a minimum withdrawal request that depends on the coin you want to withdraw. To the minimum amount for a coin you want to withdraw, you can check the DigiFinex deposit and withdrawal fees page for more details.

Digifinex Review

Because the exchange founding team had a wealth of knowledge in tech, they designed DigiFinex to be a highly reliable trading platform. Learn all you can about DigiFinex’s features like crypto quant funds, loans, and cloud mining and explore how you can benefit from its impressive services. You cannot withdraw fiat from the exchange Digifinex Review because you can’t deposit it in the first place. 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. DigiFinex does not offer its services to users in the US, due to the laws and regulations there.

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