Digifinex Trade Volume And Market Listings
Established in late 2017, DigiFinex is a world leading digital asset trading platform, focusing on cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. It was founded by blockchain enthusiasts and the core team digifinex review comes from well-known technology companies such as Xunlei, Tencent, Baidu and HP. Headquartered in Singapore, DigiFinex is committed to provide blockchain users with a secure and convenient trading channel.
So if carrying MasterCard or Visa cards, then go ahead and purchase any Cryptocurrency from the trading website. For deposit fees, the exchange site changes slightly below the industry sitting of 0.25%. Like all Cryptocurrency exchange platforms, traders also need to register and create an account with DigiFinex.
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Spot trading in DigiFinex offers security trading for immediate delivery in the market capitalization. With this, trading traders can buy and sell foreign currency as a part of commodity purposes. The right spot trading platform like DigiFinex will get exposed to thousands of assets using derivatives like spread bets and CFDs. Currently, the platform offers 100+ major cryptocurrencies trading pairs and ten fiat currencies; traders can actively trade. The list includes- Bitcoin, Cardano, Aave, ChainLink, Ethereum, and others. It has its own DigiFinex Token that helps in trading coins. Statistics showing an overview of DigiFinex exchange, such as its 24h trading volume, market share and cryptocurrency listings.
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Verification is necessary to prevent fraud and ensure community safety. In addition, after verification, users can manage transactions up to 50 BTC per day. The owner of DFT tokens can receive some percentage of each exchange. The commission for trading is a bit higher (0.2%) comparing to the one Binance has (0.1%). Currently, US residents cannot use their services or even open accounts on the platform.
Have More Questions About Cointracker?
This world-class exchange forms part of the top 10 cryptocurrency exchanges by volume. It is a relatively unknown exchange, yet a serious player in the crypto space, servicing the crypto community via no less than 123 markets. It quickly rose in the ranks, giving rise to speculation that it may turn out to be a second Binance. Unlike other crypto assets, LTNM is insured, and backed by real-world and digital assets. Its asset backing is held in a fund model, so that base asset value increases over time. It accelerates this asset-backed funds growth by depositing 80% of the transaction fee back into the asset fund that backs the currency. Thus, the more Bitcoin Latinum is adopted, the faster its asset funds grow, creating a self-inflating currency.
- Its users can trade using a mobile app supported by iOS and Android devices.
- Currently, US residents cannot use their services or even open accounts on the platform.
- The Compliance Officer undertakes the annual AML audit of the company’s operations.
- Due to rampant wash-trading and fake activity – volume currently isn’t the most reliable indicator in the crypto space.
- A list of top cryptocurrencies on DigiFinex exchange based on the highest 24h trading volume, with their current price.
- Roughly 16,000,000 $BP tokens are being released each month, from a total supply of 500,000,000.
- This coupled with active customer support, ensures a smooth user experience within a stable and secure trading environment.
This exchange company has a daily trading volume of around $1 billion. The big numbers make it one of the top-ranked cryptocurrency exchanges in the world. It offers leverage, fiat to crypto trading, spot, and perpetual trading. Besides, the user base of the company has unrivaled 24/7 customer service. With an easy and open-minded registration process, DigiFinex features over 360 trading pairs, supporting many smaller coins and tokens that aren’t available on other major cryptocurrency exchanges.
Digifinex Trading Volume
Headquartered in Singapore, Chinese cryptocurrency exchange DigiFinex is a relatively new industry player, being registered in 2017 in Seychelles. In less than two years since inception, the platform has managed to establish itself as a trusted digital asset financial exchange among average consumers and investors in the Asian markets. DigiFinex provides cryptocurrency-based trading services for a myriad of blockchain-based assets. Some of the most well-known are Litecoin, Bitcoin, Ethereum, Tether, as well as the exchange’s proprietary DigiFinex token, DFT. DigiFinex is a world leading digital assets trading platform, focusing on cryptocurrencies like Bitcoin, Ethereum, Litecoin etc.
Singaporean cryptocurrency exchange DigiFinex seeks to become a cutting edge trading platform, currently handling a daily trading volume that exceeds $400 million. All digital assets in the platform are highly secured to avoid third-party access or data breach.
History Of Digifinex
There is no expiry date, no trading of the underlying asset, and swap price closely tracks the price of underlying assets. DigiFinex has a finely designed derivative type and has dominated volumes on the leading exchange platform. Moreover, to avoid any money laundering activities, users must complete the KYC process and provide a stated government ID. The core team of DigiFinex ensures users’ assets are safe. Some of the security measures followed by the platform are- two-factor Authentication, secure physical vault storage, cold wallet storage, and compliance with KYC and AML/CTF standards.
- DFT is an ERC-20 token entirely based on the ETC intelligent contract system.
- Besides, the user base of the company has unrivaled 24/7 customer service.
- Moreover, to avoid any money laundering activities, users must complete the KYC process and provide a stated government ID.
- The insurance fund service by DigiFinex act as the safety-nets protecting traders from losses and ensure profits on trading is paid.
- 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.
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. Besides, choosing DigiFinex allows new traders to buy crypto through credit cards, and the purchase limit is $20,000.
It was founded by blockchain enthusiasts and the core team come from well-known technology companies such as Xunlei, Tencent, Baidu and HP. DIGIFINEX LIMITED is a Seychelles company headquartered in Singapore. There are many reasons why traders should use this DigiFinex platform for trading purposes. The very first reason is it allows more than 100 cryptocurrencies trading, which is enormous compared to other exchanges.
Limited analytical and charting tools for large-volume traders. Like every Cryptocurrency exchange, there are pros & cons that every trader needs to be aware of. DRV by DigiFinex is the native exchange token of DigiDeriv, having a total supply cap of 100 million.
However, by providing extensive informative materials, the team behind the exchange has done a good job in explaining to their users how to enhance the safety of their funds and personal data. DigiFinex is a global digital asset management platform headquartered in Hong Kong, registered in Seychelles, and has offices in Singapore, Australia, China, South Korea, and Malaysia. It provides services that include IEOs, project listings, OTC, and margin trading. IgiFinex is committed to becoming a close investment partner for users. It is a cryptocurrency platform for more than 4 Million users in 217 countries. Also, it has become the Australia Regulated Digital Currency Exchange Service Provider, licensed by AUSTRAC. DigiFinex offers the best customer support in all forms for its registered users.
The founder and CEO of DigiFinex has also established the ShenZhen Wala Network Technology Co. Ltd and held the “Director Development & Operations” position at Xunlei Networking Technologies. To kick-off the project, Ned Kee attracts talent from technology giants like Baidu, Tencent, and HP. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.
Author: Fredrik Vold