DigiFinex is a cryptocurrency trading platform with over 4 Million users worldwide. The digital asset platform offers spot, leverage trading, perpetual swaps, and purchasing digital assets with a credit card. DigiFinex was once one of the largest crypto exchanges by trading volume. DigiFinex supports over 350 cryptocurrencies and over 500 trading pairs.
DigiFinex was started in 2017, and has developed a lot since then, adding features and trading options that the latest trading community demands. It also claims to be among the best and widest crypto exchanges in the world due to its massive volume and high liquidity. The company’s bank-grade protection and multilayered security system ensure the safety of users’ assets and funds. DigiFinex exchange platform allows leverage on its digital assets which makes traders benefit from the bear market.
Does DigiFinex Have a Referral Program?
The exchange has a “help center” which is well-documented with guides, blog posts, and FAQ sections to help users troubleshoot any issues they may encounter while using the platform. Thanks to the organization of the help center, users can easily find the information they need. Users have complained about having difficulty finding information due to frequently appearing ads in the search results. This exchange has a solid 24 hour trading volume, almost always exceeding USD 1 billion on a 24-hour basis.
- VIP members on the platform are also allowed discounted transaction rates.
- Initially, the trading platform did not accept any fiat currency.
- So the user has options to select among the best or use multiple digital assets to trade.
- The launchpad feature is for investors who don’t want to miss out on future investment opportunities.
- Learn what this pocket-friendly mini-investing app has to offer for new Australian investors.
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. The DigiFinex exchange charges anywhere from 0.2% to 0.5% for spot trading fees on its platform.
DigiFinex review: DigiFinex Supported Cryptocurrencies
Major crypto, such as Bitcoin, Ethereum, and Solana are supported, as well as a large selection of altcoins. There are over 100 trading pairs available in derivatives trading as well. Digifinex is a platform that provides top-notch digital currency exchange https://www.tokenexus.com/poly/ services. The primary digital asset of the exchange platform is the DigiFinex Token ($DFT). It supports well over 150 cryptocurrencies with a preference for liquid and established tokens with reputable markets caps and solid blockchain networks.
The exchange has a global reach, serving over 6 million customers from more than 150 countries. 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.
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Current returns are estimated at around 48% APR, though the low price of Bitcoin may affect those returns. While a useful feature, its metrics don’t stack up against some of the better cloud mining sites in the market. DigiFinex offers a good crypto-backed loan platform that allows users to deposit crypto and borrow USDT in return. Loans are short-term, ranging anywhere from 7 to 60 days in length. Currently, BTC and ETH can be deposited as collateral, and you can borrow from 200 USDT up to 50,000 USDT. Transaction fees vary by fiat gateway partner but are at least 3.5% or more.
The referral program at DigiFinex is a good, passive source of income. The platform offers users commissions for inviting new people to the exchange. DigiFinex offers these loans at low-interest rates and zero agency costs. The exchange will examine the request; if accepted, borrowers receive the money immediately.
However, you can still make trades up to a limit of 0.2 BTC worth of daily transactions before you’re mandated to complete KYC verification. In the realm of digital finance, the name DigiFinex often surfaces, sparking curiosity and questions among potential users. This article aims to provide a comprehensive DigiFinex review, shedding light on its features, safety measures, and overall user experience. If you have decided to go with DigiFinex, you will not regret your decision.
The exchange is registered under the Accounting and Corporate Regulatory Authority in Singapore, although it operates without the approval of the Singapore Money Authority. Aside from its headquarters in Singapore, DigiFinex has spread Digifinex Review its services across Asia and other countries worldwide. Individual DigiFinex users must meet specific requirements to complete the basic KYC verification process. Here is a list of what traders need to prepare before application.