It does not matter if you are a beginner or an advanced-level crypto trader; DigiFinex allows you to adjust the user interface according to your ease. The platform has deployed its crypto charting software, which traders and investors can use to perform technical analysis and make well-calculated decisions. Individuals who like to do a load of calculations and paperwork before investing can switch to Tradingview, which equips users with the necessary tools to draw and annotate charts. On the dedicated Canadian platform, there are essentially no features.

Usage and Popularity

The mining rig is owned by DigiFinex, and users can invest in a perpetual mining contract for a 35 USDT minimum investment. Now you can freely use DigiFinex, but pay attention to the fact that your daily withdrawal limit is strictly restricted to 1 BTC per day. To increase this number up to 50 BTC, users are required to go thought a verification process.

Best exchange so far it is really…

That said, many users believe that KuCoin is one of the simpler exchanges on the current market. For margin trading, DigiFinex’s fees are set to 0.1% for makers and 0.2% for takers. Binance’s maker and taker fees for margins are both at 0.1%, so this is slightly better for DigiFinex, but still somewhat high for takers. DigiFinex allows you to filter individuals by their 7-day win rate or their 3-week win rate. User profiles also display the assets they typically deal with, as well as the number of trades they’ve made over a set period of time. This vision appears to be prevalent in my DigiFinex review, as the platform is evidently invested in being a one-stop-shop for a vast array of crypto enthusiasts.

It’s a very good exchange

On Nov. 5, DigiFinex introduced its new tiered trading fee model that is rather similar to that of Binance. The amount of the reward for both makers and takers depends on the total trading volume over the last 30 days coupled with the DFT holdings. The identity verification of specific users requires providing the full name, the above mentioned photo of ID, as well as well as proof of residence (bank statements, utility bills, etc). Earlier, U. Today also reported that a lot of young exchanges are trying to cheat their way to the top of the CMC list.

Customer service

Besides, choosing DigiFinex allows new traders to buy crypto through credit cards, and the purchase limit is $20,000. There are many reasons why traders should use this DigiFinex platform for trading purposes. The Digifinex Review very first reason is it allows more than 100 cryptocurrencies trading, which is enormous compared to other exchanges. So the user has options to select among the best or use multiple digital assets to trade.

• This system provides an incentive for more active traders with lower fees while maintaining a straightforward approach for newer users.
• Third-party merchants can also facilitate online payments, allowing users to select from various options – though fees can be higher, depending on the choices made.
• This makes DigiFinex among the top 60 crypto exchanges with the highest trading volume.
• Therefore, you can stake, mine, and lock your crypto assets on the platform and expect rewards.
• One can apply for a token listing at the bottom of the main page.DigiFinex has a point-based listing policy.

Kee acknowledges the fact that very few people know about DigiFinex’s existence despite its massive trading volumes. The reason behind such low popularity, as he explains, stems from the fact that their business strategy doesn’t include pouring money into marketing. Kee claims that the lion’s share of their budget is spent on security since they prioritize the safety of its customers. With this gateway, DigiFinex supports 40 different fiat currencies, convertible into 35 different digital assets. Cards supported include Visa, MasterCard, Apple Pay, and Google Pay.

From there, follow the prompts and expect the coins within minutes depending on network conditions. Up until 2017, the crypto industry experienced an exponential increase in the instances of cyberattacks and fraudulent activities. The project focuses primarily on implementing solutions to the security issues faced by the crypto world. If you need higher limits on your account, you can complete the other levels of identity verification to do so. Digifinex expands beyond cryptocurrencies, including the Traditional Market. This diversification offers users a versatile platform, reinforcing its commitment to a holistic and inclusive trading environment.

DigiFinex Proof of Reserve

DigiFinex’s founder Ned Kee has recently shared the insights into how the young startup took the market by storm and managed to shoot up from zero straight to CoinMarketCap’s top 20 list. The founder and CEO of DigiFinex/DigiFinex Limited, Ned Kee, has an established professional reputation, having once been the Director of Developments and Operations at ShenZhen Wala Network Technology Co. The core team has extensive experience with blockchain technology and financial companies and well-known technology companies such as Baidu and Tencent. While DigiFinex and Bithumb operate within the same industry, they have distinct geographical focuses and market presences. It is entirely possible that the exchange will do the same in countries where it is limited, such as the US (similar to Binance.us), but that is purely speculation at this point.