DigiFinex Trade Volume, Trade Pairs & Trust Score

In the six years since its launch, the digifinex review exchange has grown into one of the most popular exchanges in the crowded trading space. It features a comprehensive trading offering, which involves over 700 digital currencies and a wide range of futures. Digifinex is currently headquartered in Hong Kong with more offices in China, South Korea, Singapore, and Malaysia. In 2019, it extended its services to the Korean and Asian market by launching Digifinex Korea, a South Korean variant that uses the South Korean Won as the main currency. The exchange platform is regulated by the Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore (MAS) for secured Blockchain technology. Additionally, every trader registering with the site needs to run through the Know Your Customer and other required steps.

While inflating trading numbers is not that uncommon, it nevertheless still leaves a bad taste in the mouth. The wallet is known as the DHM wallet and is integrated with the exchange itself. Thus, it gives users the opportunity to decide if they want their assets to be stored in cold wallets or multi-layer hot wallets. That being said, one should still be cautious before trading on the platform(or any other platform for that matter). This is because cryptocurrency trading comes with certain risks, requiring that you only invest money you can afford to lose. For margin and perpetual trading, the fee is a flat rate of 0.05% which is further discounted for DFT holders.

DIGIFINEX NATIVE TOKEN

Users can use any of the three- KeepKey, Trezor, and Ledger Nano S. Then, the ‘clear all drawings tools’ option helps to remove all drawing lines and patterns with just one click. The layout of the pro user interface does not have much difference. An order window comes with an option to switch between spot and margin trading along with the pre-set volume amounts on the sliders. This includes Bitcoin Cash, Bitcoin, Aave, Litecoin, Chainlink, Cardano, Ethereum, VeChain, etc. Learn how to use Coinbase crypto exchange referral codes for exclusive benefits and offers.

• The difference here is that coin-margined trading requires a specific cryptocurrency as collateral, while USDT-margined, as the name implies, requires Tether (USDT).
• This exchange has a solid 24 hour trading volume, almost always exceeding USD 1 billion on a 24-hour basis.
• The highest leverage it supports is 5x leverage, with 3x leverage being the other option.
• Here’s a list of the platform’s top ten most lucrative trading pairs.
• From there, follow the prompts and expect the coins within minutes depending on network conditions.
• Because of such factors, DigiFinex has become a popular CEX in crypto.

DigiFinex offers the best customer support in all forms for its registered users. This trading platform previously did not accept any deposits of fiat currency. This meant that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) couldn’t trade here. So if you have a MasterCard or a VISA-card, you can purchase cryptocurrency also at this trading platform.

Key Services and Features

From native exchange tokens to the latest ones, trading platforms following regulations offer options to traders to trade without any issues. However, choosing the right trading platform and having insight into coin exchange are vital. Since there are several crypto exchange options, choosing the right one is quite a task. DigiFinex is one of the largest Asian exchanges in the world, boating an international user base of more than 6 million registered users across 150+ countries. The exchange is easy to use and boasts numerous features beyond regular spot and derivatives trading, like crypto loans, staking, credit card, Launchpad, and more.

Here’s a list of the platform’s top ten most lucrative trading pairs. This policy lets DFT holders get as much as a 25% discount, leaving some high-tier VIP members with transaction fees, also known as makers fees, that are as low as 0.060%. The system automatically enables discounts as soon as one purchase DFT.

Market Overview

Similarly, each token has its unique withdrawal limit, prescribed on https://www.tokenexus.com/eos/’s website. As a centralized exchange, DigiFinex can regulate and oversee its user’s trading activities. This includes the coins they trade and the validity of their transactions. Learn all you can about DigiFinex’s features like crypto quant funds, loans, and cloud mining and explore how you can benefit from its impressive services. Why do so many exchanges not allow US citizens to open accounts with them? 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).

This is the process users require to complete before their accounts can be rendered active on the exchange. The exchange ensures every account is strictly verified to reduce malicious activity on the platform. However, based on a trader’s 30-day transaction volume or the amount of DFT they own, this figure can drop to 0.080%. Here, crypto investors can get insights on new crypto projects they can invest in. Investors can get information about airdrops, discounts, and initial coin offering (ICO) opportunities.

How much does DigiFinex charge to withdraw money?

However, the platform has a discounted fee policy, which allows DFT holders to pay less for every transaction. Cloud miners on DigiFinex rely on the platform’s technical infrastructure to access the cloud. Through the DigiFinex browser or mobile app, miners can easily access the cloud mining option. The rewards earned from mining are paid after every 24 hours and are divided based on the miner’s arithmetic power. Arithmetic power is the number of hash collisions a miner can perform per second. The trading interface of DigiFinex resembles interfaces of other crypto exchanges, and most settings and features are just where you’d expect them to be.