DIGIFINEX Singapore

Overview of DIGIFINEX

DigiFinex, a cryptocurrency exchange that began its journey in 2017. Headquartered in Seychelles, the exchange is a regulated entity under the supervision of MAS (Monetary Authority of Singapore), ensuring a secure and compliant trading environment.

With a diverse offering of over 700 cryptocurrencies, traders have ample choices to explore and invest in. DigiFinex boasts a fee structure ranging from 0.2% to 0.5% per trade, catering to various trading needs. The exchange is committed to providing top-notch customer support, reachable via email at support@digifinex.com, ready to address any inquiries or concerns.

Pros and cons

Pros:

1. Wide Range of Cryptocurrencies: DIGIFINEX offers over 100 cryptocurrencies for trading, providing users with a diverse range of options to choose from. This allows users to potentially explore new investment opportunities and diversify their portfolios.

2. Convenient Trading Platforms: With a web-based platform and a mobile app, DIGIFINEX provides users with easy access to their accounts and the ability to trade on the go. This flexibility and convenience allow users to take advantage of market opportunities no matter where they are.

3. Cryptocurrency Deposits and Withdrawals: DIGIFINEX supports cryptocurrency deposits and withdrawals, making it easy for users to manage their funds directly without the need for traditional fiat currencies. This helps streamline the trading process and reduce the time and complexity associated with transferring funds.

Cons:

1. Limited Leverage Options: While DIGIFINEX does offer leverage options, the maximum leverage available is 1:10. This may be lower compared to other exchanges that offer higher leverage ratios. It could limit the trading strategies and potential returns for users who prefer higher leverage options.

2. Absence of Traditional Fiat Currencies: DIGIFINEX solely focuses on cryptocurrencies and does not support trading with traditional fiat currencies. This may be a drawback for users who prefer a more integrated trading experience that combines both virtual and traditional currencies.

Regulatory Authority

DIGIFINEX is currently regulated by the Monetary Authority of Singapore (MAS) while it is also licensed by ASIC with the regulatory status of“exceeded”.

Security

Security at DigiFinex has been a priority since its establishment in 2017. The exchange operates with a self-developed system that ensures stability and reliability.

In terms of customer service, users can swiftly find answers in the Support Center or avail themselves of assistance through Live Chat or email, which is available 24/7/365.

The platform also emphasizes simplicity, making cryptocurrency trading accessible with just one click. This user-friendly approach ensures that users never miss out on potential opportunities for earning.

Furthermore, DigiFinex offers a variety of cryptocurrencies tailored to individual needs, allowing users to stay aligned with market trends and capitalize on trading prospects.

Cryptocurrencies available

Cryptocurrencies available on DIGIFINEX include over 700 different options. The platform offers a wide range of cryptocurrencies, allowing users to access popular options such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), as well as smaller and emerging cryptocurrencies.

How to open an account？

The registration process of DIGIFINEX can be completed in the following steps:

1. Visit the DIGIFINEX website and click on the “Sign Up” button.

• 2. Provide your email address, create a secure password, and agree to the terms and conditions.

• 3. Complete the email verification process by clicking on the link sent to your registered email address.

• 4. Provide additional personal information, such as your full name and country of residence.

• 5. Submit any required identification documents, such as a passport or driver's license, to verify your identity.

• 6. Once your account is verified, you can start depositing funds and trading on the platform.

Fees

DigiFinex offers a fee structure that is designed to provide users with cost-effective options for their transactions.

Deposit Fees: DigiFinex does not charge any fees for deposits. This allows users to easily fund their accounts without incurring any additional costs.

Trading Fees: When it comes to trading, DigiFinex employs a transparent fee system. For Spot transactions, the trading fees typically range between 0.2% to 0.5% per trade.

However, holders of the DFT token, the native cryptocurrency of DigiFinex, are eligible for fee discounts. By holding DFT tokens, traders can take advantage of reduced trading fees.

Additionally, becoming a VIP user on the platform provides traders with even more benefits, including further reductions in transaction fees. As a VIP user, the minimum trading fee can be as low as 0.060%, allowing traders to optimize their trading costs based on their preferences and trading volume.

Deposit & Withdrawal

DigiFinex streamlines the process of acquiring digital assets, offering a range of user-friendly payment options.

• Currency Diversity:DigiFinex supports over 110 sovereign currencies, catering to global users and enabling them to choose their preferred payment currency.

• Diverse Asset Range:Users can select from more than 100 digital assets, ensuring ample investment opportunities to suit their preferences.

• Secure Payment Choices:The platform offers secure payment methods including credit and debit cards, with potential discounts on handling fees for certain transactions.

• Simple Confirmation Process:Users can easily confirm their chosen payment method and proceed to complete the transaction.

• Efficient Receipt:Upon successful payment, digital assets are received within an estimated timeframe of 10-30 minutes, with easy access to view balances.



Customer Support

DigiFinex values the strong bond it shares with its user community. Users can join the English Telegram Group (https://t.me/DigiFinexEN) to stay updated on the latest news and actively participate in discussions. Similarly, for the Chinese-speaking audience, the Chinese Telegram Group (https://t.me/DigiFinexcn) serves as a hub for interaction and updates.

For inquiries and assistance, individuals can contact DigiFinex through their customer support email at support@digifinex.com. For matters related to business cooperation, they can reach out to Oscar via Telegram at @oscaror. Similarly, for inquiries regarding derivatives affiliate cooperation, Harry can be contacted through Telegram at @harry_dgf.

Exchange Comparison

Exchange
Fees	0.2% to 0.5%	0.2%	0% - 3.99%
Cryptos Available	700+	700+	200+
Website	DigiFinex.com	huobi.com	coinbase.com

FAQs

Q1: What is DigiFinex's fee structure for trading on its platform？

A1: DigiFinex charges a transaction fee ranging from 0.2% to 0.5% per spot transaction. Discounts are available for DFT holders, and VIP users enjoy lower fees, with a minimum fee of 0.060%.

Q2: How can I get assistance if I have questions or issues while using DigiFinex？

A2: DigiFinex provides a comprehensive support system. Instant answers can be found in the Support Center, and users can also reach out for help through Live Chat or email, available 24/7/365.

Q3: Can I easily buy cryptocurrencies on DigiFinex's platform？

A3: Absolutely. DigiFinex is committed to making cryptocurrency trading straightforward. With just one click, users can buy crypto, ensuring they never miss out on potential earnings.

Q4: Does DigiFinex offer a diverse range of cryptocurrencies for trading？

A4: Yes, DigiFinex provides a variety of cryptocurrencies to cater to different user needs. This allows traders to align with market trends and seize various trading opportunities.

User Review

John:

“Been using DigiFinex for a while now and I must say, their security measures are top-notch. Two-factor authentication, cold storage for most funds, and regular security updates make me feel safe. The platform's user interface is user-friendly, making trading a breeze. Liquidity is generally good, even for less-known coins. However, I wish they had more detailed order types available. Customer support is quick and helpful, although I'd appreciate more educational resources. Trading fees are reasonable, and their privacy policy gives me peace of mind. Deposit and withdrawal speed varies but is generally acceptable. Overall, a stable exchange with room for improvement.”

CryptoNewbie:

“DigiFinex offers a wide range of cryptocurrencies to trade, which is a huge plus. The interface is intuitive, even for beginners. I like that they prioritize security, using cold wallets and offering a range of privacy features. However, their regulatory status is a bit unclear, which can be concerning. The customer support team is responsive and helped me resolve an issue quickly. Trading fees are competitive, especially if you're a DFT holder. But I did experience some delays in withdrawals. The exchange stability is generally good, but there were a couple of instances of lag during high volatility. Overall, a solid choice for trading with room for more regulatory transparency.”