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. The nuances of the trading experience on DigiFinex are manifold, blending advanced trading options with user-friendly tools to cater to the full spectrum of crypto traders. Whether engaging in the immediacy of spot markets or navigating the complexities of futures contracts, traders benefit from the exchange’s average liquidity score and an array of trading features.
What is the difference between a crypto exchange and a brokerage?
Compared to Binance, whose maker and taker fees are set to 0.1% for spot traders, this can be disappointing. If so, then you’ll want to be sure that the platform you choose is safe and reliable. That’s why we’re taking an inside look at DigiFinex in this comprehensive review. By diving deep into its features, security protocols, account opening process, and customer support offerings.
Derivatives Trading
There is even TradingView integration for those seeking additional modifications. DigiFinex does not charge users for depositing funds into the exchange. However, if the funds are transferred from other platforms, standing charges from the third-party platform may apply. Here, crypto investors can get insights on new crypto projects https://www.tokenexus.com/ they can invest in. Investors can get information about airdrops, discounts, and initial coin offering (ICO) opportunities. DigiFinex traders from Yemen, Syria, Iraq, mainland China, Iran, Hong Kong, Central Africa, Cuba, Somalia, North Korea, Libya, Lebanon, and the USA, cannot participate in the launch pad’s offerings.
Download full list of cryptocurrencies DigiFinex supports
While these are undoubtedly great choices, they should not overshadow the existence of other platforms that significantly impact this space, like the DigiFinex exchange. Yes, DigiFinex requires know your customer (KYC) verification before you can deposit or make any trades on the platform. You’ll be redirected to the page below, where you can click “Verify” to begin the process. You’ll Digifinex Review then have to pick your country of residence, and upload an identity document such as a passport or national ID card in order to complete level 1 identity verification. Once level 1 is complete you can withdraw and deposit up to $50,000 USD in value. DigiFinex also has human-intervened security, where it assigns a compliance officer to oversee and coordinate all regulatory issues.
Top Spot Exchanges
- Once users repay the loan, they get back the tokens they offered as collateral.
- Projects can gain points and votes via a referral link through which new users can join the exchange.
- The DigiFinex fee for margin trading carries a flat 0.05% overnight interest rate for each trade.
- This company has chosen to focus on other regions and stay away from expanding into the US.
- The Launchpad platform allows DigiFinex users to invest in blockchain projects before they hit the mainstream.
- There is no earning, no margin trading, no copy trading, and no crypto credit card available.
DigiFinex Customer Support
- This is the basic offering compared to other leverage trading cryptocurrency exchanges and could be expanded to provide greater trade management and risk exposure.
- There’s rarely any glitch and if you ever need to reach out to customer service.
- DigiFinex trading site allows its registered users to deposit and withdraw funds using credit cards and crypto coins.
- A verification code will be sent (either by phone or by email), and after inputting a valid password, the account will have been successfully created.
- Overtime bi have enjoyed using the app because of how swift and seem less everything is.
- The transaction cap for this card is high, to the point where there is no spending limit.
