DigiFinex Exchange Review
Searching for a secure crypto exchange? Welcome! Digifinex is a top-notch exchange. We’ll review its features, fees, and safety measures. See if it’s your perfect fit!
What Is DigiFinex
DigiFinex is an exchange of digitalassets. It was founded in Singapore in 2018. Its goal – to give users from all over the world a secure and accessible platform for their digital investments.
Advantages and Disadvantages of DigiFinex
DigiFinex is an innovative platform that offers trading and safe storage for digital assets. It has many benefits, including:
- Competitive fees: The fees start at 0.1%, making it a great option for budget-conscious traders.
- 24/7 customer support.
- Plus, the 2FA authentication adds extra security for wallets and funds stored on servers.
On the downside;
- DigiFinex has lower trading volume than other exchanges like Binance or Coinbase Pro. This may cause delays when trading large amounts of cryptocurrency.
- Additionally, there have been a few reports of issues with the mobile app.
- It’s not being able to withdraw USD directly or immediately while doing crypto-to-crypto trades.
Cryptocurrencies on DigiFinex
DigiFinex has major currencies like Bitcoin, Ethereum, Litecoin, Ripple, and EOS. There are over 90 coins and tokens available on the platform.
DigiFinex Features
Let’s explore its main features:
- Trading Platform – DigiFinex has an advanced web trader platform with high-frequency and algorithmic trading tools. It is user-friendly, and includes apps for iOS and Android with secure authentication and real-time market info.
- Trading Volume – The exchange has impressive trading volume, regularly surpassing $3 billion, with Bitcoin making up half of it.
- DigiFinex is multi-lingual – supporting 9 languages! This makes it suitable for Ethereum users from various countries. It’s becoming one the most prominent names in cryptocurrency exchanges by 2024.
- For added convenience, customers can use their credit cards or debit cards to buy crypto directly through Digifinex.
- The ‘Coinpool Academy‘ section contains useful lessons, from basic cryptocurrencies overviews to more advanced articles focusing on technical analysis and risk management tools such as stop losses and take profits. Customers can use Coinpool Academy’s tools like “shape your own portfolio” to make smart investments in digital assets market intelligently over time.
Its intuitive user interface, sophisticated charting tools and competitive fees structure enable users of all levels to benefit from professional-level cryptocurrency trading opportunities without investing time into understanding intricate liquidity structures or needing technical know-how about blockchain networks.
DigiFinex Trading Options
DigiFinex provides a wide range of trading options, like spot, OTC and perpetual contracts offerings.
DigiFinex also offers variety of trading options, including the ability to buy and sell crypto assets and use x100 leverage for margin trading on several digital currency pairs. Margin trading. These advanced features are allowing users to make more profits from their capital efficiently.
The exchange also offers access to hundreds of trading pairs on many major crypto markets.
How to Create and verify a DigiFinex account
Before you can start trading, you must create and verify an account. This involves filling a registration form with relevant contact and login credentials, and verifying the email address associated with the new account. This confirms that you’re real and provides extra security.
You must verify your identity with DigiFinex. This requires submitting your name, ID document number and nationality, plus uploading documents like ID or Passport. Verifying these details gives traders access to more features, including higher transaction limits, which is attractive to experienced investors.
When all steps are complete, it’s time to fund the account with cryptocurrencies like BTC, ETH or LTC, or transfer fiat currency from visa/mastercard supported banks. Then, watch the profits from successful crypto trades roll in!
How to Deposit and Withdraw money on DigiFinex
DigiFinex exchange platform provides a simple and secure way to deposit and withdraw money. Register and start trading by adding funds from your bank account, debit or credit card. USD, EUR, AUD, JPY and RMB are supported by DigiFinex. Popular methods of deposits include wire transfer and Visa/Mastercard debit cards. Once your deposit is confirmed, you can access your funds immediately.
To withdraw money, select the ‘Withdraw‘ function on your account page. Choose fiat or cryptocurrency and provide the amount you want to withdraw. Follow the instructions to complete the transaction which requires SMS verification or 2FA authentication. KYC is also used for secure withdrawals.
No deposit fees at DigiFinex, but there may be a small fee for withdrawals depending on the currency type. Multi-factor authentication and AML & KYC processes are implemented for maximum safety.
DigiFinex Fees and Limits
DigiFinex offers competitive fees and low deposit/withdrawal limits. It’s trading fee is one of the lowest in the industry. Maker and taker fees are based on the user’s 30-day trading volume. Deposits from European customers have an extra fee of €7 per transaction.
The minimum deposit limit is 0.0004 BTC (approx $5). Maximum withdrawal limit is 10 BTC/day and 50 BTC/month. This limit can be extended with KYC. Withdrawals with fiat currencies have criteria depending on the currency.
DigiFinex Security Measures
DigiFinex takes serious steps to protect its users. They use two-factor authentication when logging in, and store funds in dedicated wallets away from the platform. Advanced order book monitoring and transaction signature verification systems are in place to detect malicious activities and stop unauthorized access. Plus, DigiFinex is ISO/IEC 27001:2013 certified. This guarantees a secure trading environment. DigiFinex is safe for those looking to trade digital currencies.
DigiFinex Customer Support
DigiFinex provides all-day customer service. This team is available via telephone, email, ticketing system, and social media. They’re dedicated and respond quickly and effectively to inquiries, and they know blockchain technology and crypto. Plus, they offer educational content through external sites, so traders can understand market conditions. Good customer service is key for a successful exchange review – and DigiFinex delivers!
Frequently Asked Questions
Q1. Is Digifinex Exchange Legit?
A1. Yes, Digifinex Exchange is a legitimate cryptocurrency exchange with over 6 million users.
Q2. What Cryptocurrencies Can I Trade on Digifinex Exchange?
A2. You can trade over 200 cryptocurrencies on the Digifinex Exchange, including Bitcoin, Ethereum, Ripple, and Litecoin.
Q3. Is Digifinex Exchange Secure?
A3. Yes, Digifinex Exchange uses advanced security measures, such as 2-factor authentication and cold storage, to ensure the safety of user funds.