DigiFinex provides a crypto quant fund for its high-rolling users. 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. 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.
All a borrower needs to do is to be a verified DigiFinex user and meet the collateral amount required for the loan they need. Once users repay the loan, they get back the tokens they offered as collateral. DigiFinex supports various security features, including HDM wallet technology and two-factor authentication. The exchange’s technical infrastructure is also designed to detect and deal with early-stage security threats.
DigiFinex review FAQs
DigiFinex offers the best customer support in all forms for its registered users. DigiFinex is a leading digital asset trading platform that offers a secure and reliable trading experience. It supports a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and more, as well as fiat Digifinex Review currencies. It also provides a range of services, such as margin trading, over-the-counter trading, and more. Users can fund accounts on DigiFinex from an external crypto wallet address or purchase digital assets on the exchange’s platform at current rates using debit cards or credit cards.
With hassle-free signup and a relatively easy website layout, traders and investors can easily start using the platform’s services. Fast and efficient customer support also helps users overcome any inconveniences they may face. Similar to other trading platforms, the DigiFinex trading exchange offers an interest-earning program called Wealth. However, DigiFinex’s service is a little different from other trading platforms and is actually more of a custodial manager, which was built by DigiFinex’s quant team. By using this service, customers can receive a return on investment by locking funds into a custodial fund for a set duration of time. Funds range from stable-oriented growth to more aggressive/riskier growth strategies.
DigiFinex Product & Features
Crypto-backed loans are another leading reason to consider using DigiFinex. Instead of high-interest rates that demand huge collaterals, DigiFinex users can get loans backed by the crypto in their accounts. https://www.tokenexus.com/ Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. A fast and secure Bitcoin exchange receives praise for its efficient services and robust security measures.
Users holding short positions are charged an interest rate of 0.01% of the borrowed amount totaling 0.03% for a day. Withdrawal fees on the DigiFinex exchange platform are regularly adjusted according to the blockchain status. Withdrawal requires two-factor authentication and has a limit of 10BTC. Users unverified by 2FA are allowed a daily withdrawal limit of 0.2BTC on the platform. Launched in 2017, DigiFinex is a cryptocurrency exchange headquartered in Singapore. The exchange has a global reach, serving over 6 million customers from more than 150 countries.
My experience with Digifinex has been…
DigiFinex has been serving millions of users from all over the world for a few years now. It ensures the full protection of its users and the funds they bring onto the platform. DigiFinex might be an excellent crypto exchange in many ways, but the platform still has some problems that you should consider before signing up. Additionally, the overall registration process, layout and interface are not overly complicated. Users can even open a demo account to become familiar with the platform.
Traders can choose different time-sharing options, ranging from one minute to one week. These are some of the reasons DigiFinex is a great option for a professional and high-grade trading experience. Since 2012, Alex Hastedt has been fully immersed in the world of cryptocurrency.
DigiFinex has multiple outlets of resources for those seeking customer support. An in-depth Help Center exists to aid users with any questions that they may have when using DigiFinex’s services. Topics found in the Help Center include articles covering margin trading, spot trading, contract trading, and more. In 2019, DigiFinex exchange launched DigiFinex Korea, especially for traders in South Korea to trade cryptocurrencies using South Korean won. It partnered with Simplex in the same year where users can buy Bitcoin, Litecoin, Ethereum, and other digital assets. Currently, the platform offers 100+ major cryptocurrencies trading pairs and ten fiat currencies; traders can actively trade.
- This native token allows users to have access to a number of different services that involve DRV itself.
- Users can even open a demo account to become familiar with the platform.
- It also brings opportunities for investors who are looking to buy crypto assets.
- They all support buying crypto with bank card and bank transfer, but MercuryO goes further by supporting Google and Apple Pay methods.
- The legal name of the exchange is DigiFinex limited Founded by Kiana Shek.
- So the user has options to select among the best or use multiple digital assets to trade.