From there, follow the prompts and expect the coins within minutes depending on network conditions. Yes, users can receive rewards of USD 2 for each new customer depositing fiat currency and completing the first transaction successfully. A rebate or affiliate program is providing up to 48% of the referred user’s trading commissions. Existing users can use and share the referral link or promo code with friends and family to receive trading rewards. You can download the Android or Ios version to share the referral link. Overall, it is an excellent platform to conduct trading on different exchange coins and native tokens.

The fees can be reduced to 0.06% if you hold the DFT cryptocurrency. There are more than 4 million users from 150 countries trading on the platform, and when it comes to countries, the company’s primary target is covering the Asian market. It allows traders from Malaysia, South Korea, Australia, China, and others. Completing the KYC process on DigiFinex requires a lot of documentation, but it is worth it. The DigiFinex exchange has a mandatory Know Your Customer (KYC) process.

Supported Currencies & Countries

Let’s analyze the pros and cons of the DigiFinex platform using the table below. However, cloud mining opportunities, like the one offered by DigifFinex, improve the ease and profitability of Bitcoin mining. This practice eliminates the need for high-power mining rigs, reducing the upfront investment cost. It is also optimized to generate hashes faster, allowing miners to mine and earn more. 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.

The Wire Program has a set limit of $500-$40,000 per day, charging the DigiFinex fee. Long-term traders should know that the platform charges an overnight interest rate of 0.05% while using the DigiFinex margin trading. Users holding the DFT Token and VIP members will get a reduced fee of 0.06% per transaction. Moreover, if you want to know more about the same, click here.

Perpetual Swaps

For Cryptocurrency withdrawals, the fees applied are similar to the network fees for the particular coin, with some slight additions. Deposits are free but limited to 0.2 BTC worth until you complete KYC verification. DigiFinex limited targets both beginners and experienced crypto traders. Under the basic version, the user gets a slick trading platform and trading tools allowing for technical analysis on the charts. Like all Cryptocurrency exchange platforms, traders also need to register and create an account with DigiFinex. Users need to follow all the procedures of registration for accessible trading facilities on the website.

digifinex review is generally considered to be a safe and legit exchange. It has been operating since 2017 and has a good reputation among users. However, it is important to note that no cryptocurrency exchange is completely risk-free. It is always a good idea to store your cryptocurrency assets in a cold wallet, such as a hardware wallet. If you are especially concerned about safety, you might consider checking our selection of the safest crypto exchanges.

Is DigiFinex a good exchange?

The left-hand side of the screen is reserved for trading pairs, the right side is for the order book. Meanwhile, the center is occupied by a chart view, which can display various technical analysis indicators. However, it still falls below the top 50 exchanges as rated by Coinmarketcap, so one should consider all facts before using the exchange. https://www.tokenexus.com/beam/ complies with Anti-Money Laundering regulations by requiring KYC verification from users before they access most of the website’s functions. However, you can still make trades up to a limit of 0.2 BTC worth of daily transactions before you’re mandated to complete KYC verification.

• However, traders from the US and Singapore cannot conduct any trading activity at DigiFinex.
• Visit the official website and click ‘Withdraw.’ Select the currency to withdraw.
• This is the process users require to complete before their accounts can be rendered active on the exchange.
• When this article was written, Digifinex supported 223 different cryptocurrencies.
• Even though it is based in Hong Kong, Digifinex is available to several countries worldwide.