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. DigiFinex Wealth management offers various financial products, including Stable Earning, Advance Stable Earn, Cloud Mining, and Merged Mining.
Similarly, the amount of DFT in one’s account determines their VIP tier, and the tier defines varying fees for transactions on the platform. DigiFinex 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.
Margin Trading
It is worth noting that the card provides no cashback opportunities, like some competitors’ crypto credit cards with spending rewards. You lost $2000USD and decided to blame the platform lmao, go get educated on how volatile markets function. Let me https://www.tokenexus.com/digifinex-review/ do an honest review, this platform has one of the, if not best asset management team i’ve seen, achieving 7-15% APR safely. However, the exchange allows users to buy cryptocurrencies through third-party merchants via credit card or bank transfer.
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- These traders’ evaluations are based on their past trades’ success on the platform.
- Select “Add withdrawal address” and input your Zengo wallet address.
- DRV by DigiFinex is the native exchange token of DigiDeriv, having a total supply cap of 100 million.
- This platform is a non-regulated exchange that supports a multitude of markets including spot trading, margin trading, ETFs, and crypto derivatives contracts.
- The comprehensive KYC process and the SEC-level IT audits are among these strict oversight procedures.
Their order book is fake and at least some of the tokens are fake. For several years, DigiFinex has served millions of users from all over the world. It assures its users and the funds they bring onto the platform are entirely safe. DigiFinex has recently installed a string ISMS and a round-the-clock trade monitoring system to guard against security gaps and dishonest market manipulations.
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The system automatically enables discounts as soon as one purchase DFT. However, it is important to note that some of the features of the exchange may not be available to US users due to regulatory restrictions. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Why Should You Use DigiFinex?
DigiFinex provides a diverse portfolio with over 500+ cryptocurrency options, empowering users to tailor their investments and explore a wide spectrum of digital assets for trading. DigiFinex does not allow unregistered users to trade on the platform. The exchange requires proof of identification by availing of personal details to open an account with them.
- Long-term traders should know that the platform charges an overnight interest rate of 0.05% while using the DigiFinex margin trading.
- DigiFinex is a Cryptocurrency trading platform with over 4 million global users.
- For a detailed list of our advertising partners and more on our monetization strategies, refer to our full advertiser disclosure.
- In this case, you can find a suitable exchange that works for you in our article about the best cryptocurrency exchanges in the USA.
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