DigiFinex Review 2024: Ease of Use, Coins, Fees & How It Compares

The assets mentioned above are quite popular, but the choices at DigiFinex are not limited. Along with the highest-traded ones like Bitcoin and Ethereum, you can find new assets, including ones with a particular aim to help society prosper. The quick and precise customer service and up-to-date blog allow users to solve problems and become familiar with the platform conveniently. To learn more about these and the many other aspects of DigiFinex, keep reading below. Visit the official website and click ‘Withdraw.’ Select the currency to withdraw. Finally, enter the amount, and verification code and submit.

Can I withdraw from DigiFinex without KYC?

However, at the time of writing, trading volumes on DigiFinex have fallen dramatically and traders should stick with the larger exchanges like Binance and KuCoin to avoid excessive slippage. DigiFinex is a reputable cryptocurrency exchange that offers a variety of features and services. It is a popular exchange among traders Digifinex Review and investors due to its high liquidity and low trading fees. However, it is important to do your own research before using any cryptocurrency exchange. One of the standout features of Digifinex is its user-friendly platform. The interface is intuitive and easy to navigate, making it a great option for beginners.

• In crypto trading, traders encounter numerous platform choices to initiate trading.
• Once that new user funds their DigiFinex account, the odds of winning a bid increase.
• Besides allowing crypto traders to buy and sell cryptocurrency, DigiFinex also provides a platform to speculate and invest early in upcoming tokens.
• Digifinex offers 24/7 customer support via email and live chat.
• Users can increase their odds of getting a sale bid by using a referral link to refer a friend.
• Keep in mind, however, that the amounts can change based on the prevailing market circumstances.
• The assets mentioned above are quite popular, but the choices at DigiFinex are not limited.

Is DigiFinex Safe & Legit?

DigiFinex referral program rewards customers with $2 USD for each new customer referred to the exchange that deposits fiat currency and completes their first transaction. There is also a rebate or affiliate program that provides up to 48% of the referred users trading commissions. Existing users can share their referral link or promo code with friends and family to receive rewards. Withdrawal of cryptocurrency assets from the trading exchange will incur the standard blockchain network fee which is unavoidable. The withdrawal fee for each asset and limit can be found on the DigiFinex fees page.

Digifinex sold fake $SERO tokens

Ranging from native exchange tokens to the most recent additions, trading platforms that adhere to regulations provide seamless options for traders to engage without complications. Opting for the right trading platform and thoroughly understanding coin exchange proves crucial. Among many crypto exchange options, selecting the most suitable one is a considerable challenge. One such option for Cryptocurrency exchange is DigiFinex, and this DigiFinex review will delve into its features, ensuring a comprehensive exploration of its offerings. The trading fee on DigiFinex spot exchange is a flat 0.2% per trade. The default spot trading fee is higher than its closest competitors such as Binance, KuCoin, Huobi and OkEX where fees are 0.1%.

Services Offered By DigiFinex Exchange

Moreover, to avoid any money laundering activities, users must complete the KYC process and provide a stated government ID. Some of the security measures followed by the platform are- two-factor Authentication, secure physical vault storage, cold wallet storage, and compliance with KYC and AML/CTF standards. This gives investors a wide variety of digital assets to trade and profit from. 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.

• Arithmetic power is the number of hash collisions a miner can perform per second.
• By using this service, customers can receive a return on investment by locking funds into a custodial fund for a set duration of time.
• DigiFinex being one of the top crypto exchanges platform, offers a wide range of services for traders.
• Funds range from stable-oriented growth to more aggressive/riskier growth strategies.
• There are over 100 trading pairs available in derivatives trading as well.
• Because the exchange founding team had a wealth of knowledge in tech, they designed DigiFinex to be a highly reliable trading platform.

The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them. There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. To enable users of the platform to buy crypto with fiat seamlessly, Digifinex employs three payment processing giants, Simplex, Wyre, and MercuryO. They all support buying crypto with bank card and bank transfer, but MercuryO goes further by supporting Google and Apple Pay methods.

Their security system is very strong, protecting my funds from losses. Digifinex volume, as well as the orderbook is entirely fake. They can keep you coins save in cold storage and there is competitive fees. Please note that your feedback may be crucial for the user https://www.tokenexus.com/bxy/ when choosing a product, so try to avoid inaccuracies and unreasonable criticism. 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.

Users need to follow all the procedures of registration for accessible trading facilities on the website. Unfortunately, DigiFinex exchange restricts access for traders based in the US and Singapore, limiting the platform’s availability for users in these regions due to regulatory constraints. Uncover Bybit’s pros and cons, trading options, security measures, and other features of this crypto exchange. 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.