January 26, 2021

Bitcoin Added To The Digifinex Exchange

digifinex review

DFT is an ERC-20 token entirely based on the ETC intelligent contract system. Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands. Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships. YooBTC belongs to the YooBTC Group and is a digital asset trading platform serving global users.We c…

digifinex review

New traders and experienced traders alike will be able to use DigiFinex’s trading services with relative ease. DigiFinex offers the best customer support in all forms for its registered users. Our consensus is that this exchange barely stands out among other similar platforms. While it does offer robust security and comparative fees, it doesn’t have anything to offer to seasoned traders since it lacks margin trading, stop-limit orders, etc.

Digifinex Markets Data

Charts are listed by TradingView, a renowned tool with a suite of indicators. One of the powerful features both the preliminary and pro version carries is the “one-click navigation.” Using this, traders can change time, add chart indicators, and set alerts. Until now, there have been no cases of hacking or data breach on the DigiFinex platform.

You can download the Android or Ios version to share the referral link. DigiFinex limited is also known for rewards and 24/7 customer support. No matter what issue traders face, expert assistance is offered. The in-house developed security has multiple fail-safe layers, two-factor authentication, giving cryptocurrencies heavy protection. With a primary and pro user interface, users using a desktop and a mobile app can easily do the trading activity. The slick trading tool has made this Blockchain technology platform worth using.

Digifinex Advantages

If you haven’t saved your recovery phrase, do not delete and reinstall your app. DigiFinex provides a series of useful articles and an extended FAQ section to answer most of its clients’ questions and concerns regarding trading. There you can browse through dozens of guides on how to perform spot trades and properly understand how trading cryptocurrencies works.

Once you’ve provided all the necessary information, click the “Get OTP” button in order to receive a verification code to your email . Earlier, U. Today also reported that a lot of young exchanges are trying to cheat their way to the top of the CMC list.

  • The DigiFinex trading platform supports several different markets on its trading platform, including spot trading, margin trading, ETFs, and crypto derivatives contracts.
  • The information on this website and the links provided are for general information only and should not constitute any financial or investment advice.
  • It is easy to use and includes advanced charting tools and software to trade cryptocurrency.
  • While it does offer robust security and comparative fees, it doesn’t have anything to offer to seasoned traders since it lacks margin trading, stop-limit orders, etc.
  • The registration procedure is typical for all exchanges, but here you also first have to read the risk warning that pertains to the volatile nature of the cryptocurrency market.
  • The charts are provided by Tradingview which are renowned for its suite of indicators and drawing tools.

Seeing as the site has fiat support only for CNY even platform arrangement does not make the platform too attractive digifinex to foreigners. DigiFinex is a Chinese cryptocurrency exchange that is currently headquartered in Singapore.

Why Choose Digifinex?

The exchange is based on the open source project Peatio, with some improvements, and with all the wa… We have created an innovative product that makes trading not only a way of earning money but also an… Click the button to see today’s lowest prices on Digifinex products. Block user Prevent this user from interacting with your repositories and sending you notifications. Grand Time Grand Time is a multi-functional, decentralized, community-driven crypto ecosystem designed with a… Get the latest crypto news, updates, and reports by subscribing to our free newsletter. You will receive an email with instructions for how to confirm your email address in a few minutes.

The company DIGIFINEX LIMITED, which owns the exchange, is registered in Seychelles. To make a deposit, hover over the “Balance” menu tab and select “Deposit”. Note that DigiFinex does not support fiat deposit options, and most major pairs are backed by USDT.

Deposit Methods

On the left, there is an order book with all pending buy and sell orders. 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 . While it is undoubtedly remarkable that the exchange’s volumes keep increasing, the shady practices behind this exchange cast doubts on the reputation of this fledgling Chinese startups. Did DigiFinex exchange really manage to pull a Binance and become a crypto behemoth in practically no time? Check out the “Announcements” section on the exchange’s website in order not to miss the latest bonuses to first users. However, this is definitely not an option for traders from the US and Singapore since their accounts are not accepted there . In summary, with less tokens in circulation, long term holding DFT will be more profitable.

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Just follow Digifinex on Knoji by clicking the follow button above. We’ll notify you of the latest Digifinex coupons and discount codes as soon as they’re released. You can also get notified when similar brands like Digifinex release coupons too. Revenue Coin Revenue Coin holders fund high-tech companies to scale marketing, sales, and social… Just like with Binance, account verification is not mandatory, but it is required for increasing withdrawal limits. As is the case with Binance, there is a 25 percent discount on all fees paid in the DFT token . The list of all available trading pairs is situated on the right .

Digifinex Promo Codes: Complete Timetable

First Cryptocurrency Exchange Platform offering BOUNTY STAKES TRADE service. TOKPIE is one cryptocurrency exchange that offers Bounty Stakes Trading. This allows its users to trade, earn and invest like never before. It one of the world’s leading digital trading platforms, focusing on major cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. The exchange is specifically designed for the Asian market but is now expanding to other countries. A DigiFinex mobile trading app is available for download, allowing existing users to manage their portfolios and trades on the fly.

It offers a wide range of crypto services including the fiat onramp and futures and margin trading exchanges, passive income services like staking, lending, peer-to–peer , IEO launchpad… Kevin is the founder and chief editor at hedgewithcrypto that he started in 2019 which has reached over 1.5 million visitors worldwide. He is passionate about cryptocurrency as an emerging technology and is heavily involved in the fast-growing fintech space.

They are quietly active on their social media platforms to make the users more aware of what’s happening. DigiFinex is a cryptocurrency trading platform with over4 Million users worldwide. The digital asset platform offers spot, leverage trading, perpetual swaps and purchasing digital assets with a credit card. Digifinex exchange has previously ranked #10 for liquidity and trading volume according to Coinmarketcap.

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On top of that, just like other Chinese exchanges, DigiFinex has been accused by numerous reputable research companies of artificially inflating trading volumes. DigiFinex is a popular Chinese cryptocurrency exchange that is currently headquartered in Singapore. The company DIGIFINEX LIMITED is registered in Seychelles along with some other big-name digital asset trading platforms in the likes of BitMEX.

The transaction fee for the Spot transaction is 0.2% per times, DFT holder can enjoy the discount. Become a VIP user and enjoy a lower transaction fee, with a minimum fee of 0.060%. DFT, with its multiple use cases, powers the entire DigiFinex Ecosystem. 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. It’s one of the top 10 trading platforms in terms of both liquidity and trading volumes and offers all the leading coins. The Nigerian blockchain and cryptocurrency community have been provided with another novel opportunity to derive value from the digital assets market.

Limitations Of Digifinex

This opportunity has come in the form of “KoinKoin”, a hybrid cryptocurrency exchange. This platform is a non-regulated exchange that supports a multitude of markets including spot trading, margin trading, ETFs, and crypto derivatives contracts. In addition to its crypto trading tools, DigiFinex also includes a credit/debit fiat gateway, an insurance fund, access to their DRV native token, swap mining, and an interest-earning program. The group provides top-tier storage infrastructure and tokenisation solutions and brings expertise with target operating model optimisation, security implications, and risk management. DigiFinex is a Hong Kong-based cryptocurrency exchange and is considered one of the top exchanges in the industry with 6 offices across the world. The founding members of DigiFinex come from well-established tech companies in Hong Kong, China, and the United States. Plus, they all have immeasurable experience in networking technologies and in developing financial applications.

Do I need to be registered with the ICO?

Under the Data Protection Act 2018 organisations processing personal information are required to pay a data protection fee unless they are exempt. … Perhaps unsurprisingly, more sole traders and organisations have fulfilled their legal requirement to register with the ICO than ever before.

However, choosing the right trading platform and having insight into coin exchange is vital. Since there are several crypto exchange options, choosing the right one is quite a task. In August 2016, Bitfinex announced it had suffered a security breach. Immediately thereafter, Bitcoin’s trading price plunged by 20%. After learning of the breach, Bitfinex halted all Bitcoin withdrawals and trading.

DigiFinex has also been accused by numerous reputable research companies that it has artificially pumped trading volumes. The main aim of Digifinex is to provide blockchain users safe, secure, and convenient investment channels. The exchange has attractive liquidity and in terms of Market Capitalisation. Aside from crypto trading, the DigiFinex exchange offers a large number of other key features that help to make this platform attractive and accomodating for all types of customers.

digifinex review

One of the most prominent names in the crypto exchanges industry is Binance . Founded in 2017, the exchange quickly reached the number one spot by trade volumes, registering more than USD 36 billion in trades by the beginning of 2021. Security of the token is assured as it is insured and has a backing of digital and world assets. The base value increases over time since the asset’s backing is held in a fund model. Furthermore, the transaction fee is taken back into the asset fund backing the currency. In the hindsight, one of the main reasons behind the low popularity of this company it its focus on China. As U.Today reported earlier, the government’s ban did very little to stop Chinese residents from trading cryptocurrency, but the country still poses a huge threat to Bitcoin.

Author: Adrian Zmudzinski