Digifinex Review

About Digifinex

DigiFinex is a digital assets trading platform, focusing on cryptocurrencies like Bitcoin, Ethereum, Litecoin etc. It was founded by blockchain enthusiasts and the core team come from well-known technology companies such as Xunlei, Tencent, Baidu and HP.

Company Overview

DigiFinex is a global digital asset management platform headquartered in Singapore. Our presence across Asia makes us the preferred trading platform of more than 4 million users across the globe. They provide services include IEOs, project listings, OTC, and margin trading.

Due to its user-friendly features and a growing number of traders, it ranked 10th for its liquidity and trading volume as per the Coinmarketcap website. Headquartered in Singapore, one of the significant Cryptocurrencies markets, it has an office registered in Seychelles. It is one of the six exchanges registered in Seychelles.

Spreads and Commissions

All trading options

DigiFinex provides a total of 103 cryptocurrencies and 70 fiat currencies for trading. It also gives you the opportunity to invest in stocks and ETFs, including Facebook, Netflix, and Amazon, and leading tracking funds like the SPDR Gold Trust and Vanguard FTSE.

How much are DigiFinex’s fees and commissions?

DigiFinex offers zero trading commissions for any exchanges involving natively supported cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, Litecoin) and any equity.

DigiFinex initially launched over 50 supported ETFs and stocks in 2019, with plans to steadily support more based on feedback from users.

Can I trade with leverage ?

No, DigiFinex doesn’t currently allow its users to trade using leverage. Trading with leverage is risky and should only be conducted by professional brokers or experienced traders.

What are the spreads?

DigiFinex makes money from widening the spread between cryptocurrencies and fiat currencies. The broker doesn’t currently charge fees on currency exchanges, but it does generate an income on the spread between different currencies, which goes to cover some of the app’s costs.

The spread is fixed at 1%, which is more than other similar crypto brokers typically charge.

Fees

1. Zero fees on deposits.
2. The trading fees for spot transactions is 0.2%, however, holders of DFT token can get reduced fees. VIP users are charged the minimum 0.060% fee.
3. The flat rate for Margin Trading Interest Rate on DigiFinex is 0.05%.

Affiliate Program

Digifinex is the world’s top 10 crypto exchange by trading volume and liquidity, offering spot, leverage, perpetual swap trading, and fiat to crypto trading.. We are widely loved for being stable, secure and easy to use.

DFT is the native exchange token of Digifinex. DFT, with its multiple use cases, powers the entire Digifinex Ecosystem.

Withdrawal Fees

Different exchanges have different withdrawal fees. As mentioned above, the exchange rate here is 0.0003 BTC while withdrawing the same.

Is DigiFinex Safe?

Until now, there have been no cases of hacking or data breach on the DigiFinex platform. It appears to be the most secure platform having bank-like security that includes multiple steps of registration.

Moreover, to avoid any money laundering activities, users must complete the KYC process and provide a stated government ID. The core team of DigiFinex ensures users’ assets are safe. 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.

DigiFinex Trading platform

The trading platform is currently available only as a crypto app, so you can download it on smartphones and tablets. The app is available both for Android users in Google Play and for iOS (iPhone) users in the App Store.

• Tablets
• iOS Mobile Devices
• Android Mobile Devices

Customer support

DigiFinex offers the best customer support in all forms for its registered users. Whether the trader wants to know about withdrawal fees, deposit fees, trading fees, transaction history, or any other program available in users account, 24/7 customer support is available. Users can chat live with executives to get real-time customer support.

Final Thoughts

The trading universe forms a large pool of investments but DigiFinex has combined the experience for its users to maximize profits and encourage more trading.

Digital assets exchange on this platform has been sought after by the rich and other subsets of income earners because of its variety and the analytical tools in place.

 At DigiFinex, you can safely access your account anywhere in the world and transact with any currency of your choice. Sign up now for an unparalleled experience in cryptocurrency exchange.