Digi Finex in cryptocurrency trading has seen good growth in this time period. Many traders are finding it a good investment to make money. For this, they find the best trading platform and good services.
In the article, we’ll be discussing and analyzing the services of Digi Finex exchange. The Digi Finex review will help traders know what the platform offers and whether is it a secure platform for their investments. So, let’s dig into the details of Digi Finex exchange.
What is Digi Finex?
DigiFinex is a cryptocurrency exchange. The trading platform has more than 4 million users globally with the best of services online. Founded in 2017, DigiFinex has perpetual swaps, digital coins, leverage trading and other range of services.
It headquarters in Singapore but has its registered office in Seychelles. The exchange is owned by the DigiFinex limited and has individual founders from popular companies such as Baidu and Tencent.
Digi Finex Overview
|Headquarter||Hong Kong, Singapore|
|Supported Countries||150+ countries except US and Singapore|
|Minimum Deposit||0.001 BTC|
Is Digi Finex a Scam?
No, Digi Finex is not a scam exchange. The platform appears to be a secure trading website having various security features. Besides, there have been no hacking cases on the platform until now.
It has multiple steps of registration and bank security for traders. The platform is operating under Digi Finex Limited and has regulation of the Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore. Thus, it ensures secure blockchain technology and high security for users trading.
Overall, a secure trading platform in the financial market.
Trading Instruments at Digi Finex
DigiFinex offers clients with multiple assets to invest in. They can trade in Bitcoin, Bitcoin cash, spot trading, margin trading, derivatives, ETFs and Options. These markets are available with various digital currencies to invest and make profitable trades.
So, the available trading instruments at Digi Finex are:
- Spot trading
- Margin trading
Advantages and Disadvantages of Digi Finex
Traders can invest in Digi Finex with many advantages. However, traders have to analyse the platform for better performance. Here we have the advantages and disadvantages of the platform:
- More than 150 assets to trade
- Regulated by two significant authorities
- Supports trading with leverage
- In-house token based on Ethereum
- Has no maker/taker fees
- Low withdrawal fees
- Flexi-earn and crypto loan to earn interest on crypto
- US and Singapore traders not allowed
- Limited analytical and charting tools
DigiFinex Trading Fees
Digi Finex offers the clients with low trading fees. Users can deposit and withdraw funds using credit cards and crypto coins. Traders can deposit and withdraw money on paying the specific fees.
The trading commission of the platform is also low. The transaction fees are low with 3.5% or $10 whichever is lower. The complete transaction is atleast 10-30 minutes and allows traders to deposit it into DigiFinex wallet.
However, traders cannot use debit cards for making payments. They can use electronic platforms, wire transfers, and simplex for transfers. Thus, fees are low and trading is convenient at the exchange.
Available payment methods for deposit and withdrawals are:
- Apple Pay
- Bank Transfer
Deposit fees vary and withdrawals charges also vary as per the method used. The maker and taker fees are 0.15% and 0.20% respectively.
Digi Finex is a good cryptocurrency exchange available in the market. Traders can easily open their account and invest with minimum deposits. The article gives details of the platform and whether it is a scam or not and the available instruments.
Other than this, traders can have its pros and cons for profitable investments. The trading fees and commission are also low at Digi Finex. So, traders can have the best trading services at the platform.