Cryptocurrency exchange DigiFinex

DigiFinex

Cryptocurrency exchange DigiFinex mainly targets the Asian and American market. But this did not stop the developers of the trading platform from introducing a Russian-language interface in 2020. The number of clients from the former CIS countries has increased significantly thanks to this solution. Today, the platform is steadily in the top 100 trading resources.

History

The cryptocurrency exchange DigiFinex emerged in 2018. It was founded by two enthusiasts with a passion for blockchain technology. They are Nedu Kee and Kian Scheck. The development was funded by several Chinese companies (Tencent, Baidu, Xunlei). Initially, the founders saw their project only as a local resource that allowed cryptocurrency trading in the PRC with minimal fees.

Very soon the number of users exceeded one million. Thanks to the user-friendly interface and rich trading functionality, the platform was used by players from Hong Kong, Vietnam and South Korea. The founders had to urgently hire a team of administrators and programmers. As the project grew, it became necessary to re-register the company in Singapore. The head office was moved to the Seychelles, which saves on taxes and other government charges.  

The management company of the exchange is DigiFinex LTD. The owners of the trading platform do not have a license, which they honestly declare. However, negative reviews of the resource on the Internet almost do not meet, because over the years the platform has proven itself as a reliable partner with a high level of asset protection.

DigiFinex - overview of exchange features and characteristics

Service

To use the functionality of DigiFinex, it is necessary to undergo a simple registration procedure. The options available include:

  • derivatives;
  • spot trading;
  • margin trading;
  • Purchase of digital assets for fiat money.

Separately, let’s look at the investment options for ETFs. Essentially, they are exchange-traded funds that trade their own shares. They are made up of stakes in different institutions, which helps insure against losses and significantly increase the return on the asset.

Features

The main focus of DigiFinex developers has shifted to the protection of clients’ funds, as well as the user-friendliness of the interface. Initially, only two languages were available to site users – Chinese and English. Recently, this list was expanded; however, many pages of the site were not translated for some reason. The functionality of the site is well developed, but to avoid confusion customers from the CIS countries habitually continue to operate the resource in English. Today the number of registered accounts exceeds 4 million. Sometimes the developers of the project hold promotions that allow to get pleasant bonuses. Despite the decline in popularity of the cryptocurrency exchange DigiFinex, it has not yet introduced welcome accruals or lucrative referral programs. According to the platform’s official information, DigiFinex is among the top 100 international trading resources in terms of liquidity. According to the CoinMarketCup ranking, the exchange is ranked 85th. It is a competitive exchange that has earned a good reputation among players. It is suitable for both beginners and experienced traders, as it offers a variety of profit-making mechanisms. The main advantages of the exchange are its user-friendly interface, a wide range of trading instruments.