DigiFinex Review 2024 – Is this Crypto Exchange Safe and Legit?

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In crypto trading, traders encounter numerous platform choices to initiate trading. Ranging from native exchange tokens to the most recent additions, trading platforms that adhere to regulations provide seamless options for traders to engage without complications. Opting for the right trading platform and thoroughly understanding coin exchange proves crucial. Among many crypto exchange options, selecting the most suitable one is a considerable challenge. One such option for Cryptocurrency exchange is DigiFinex, and this DigiFinex review will delve into its features, ensuring a comprehensive exploration of its offerings.

DigiFinex Exchange Summary

Official Website https://www.digifinex.com/
Headquarters Hong Kong, Singapore
Found in 2017
Native Token Yes
Listed Cryptocurrency BTC, ETH, BSV, BCH, DOGE, DFT, and more
Trading Pairs 500+
Supported Fiat Currencies 15+
Supported Countries 150+ countries except the US & Singapore
Minimum Deposit 0.001 BTC
Deposit Fees Free
Transaction Fees Normal – 0.2% to 0.5%
VIP – 0.060%
Withdrawal Fees Depends on the currency
Application Yes
Customer Support Mail, Live Chat, & Help Desk

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As mentioned above, selecting the right cryptocurrency exchange platform is a task; it is vital to read reviews to get insight.

What Is DigiFinex?

DigiFinex is a Cryptocurrency trading platform with over 4 million global users. Headquartered in Singapore and registered in Seychelles for global accessibility. Renowned for its user-friendly interface it holds the 10th rank for liquidity and trading volume on Coinmarketcap. Offers perpetual swaps, credit card purchases of digital coins, and leverage trading. Supports 100+ major cryptocurrency trading pairs and ten fiat currencies. Features its own DigiFinex Token for trading. Positioned as a robust platform facilitating diverse crypto trading options for millions worldwide.

DigiFinex Review 2022 - User Interface

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DigiFinex Exchange Review: Pros and Cons

Like every Cryptocurrency exchange, there are pros & cons that every trader needs to be aware of.

Pros Cons
More than 500+ coin trading options. The US and Singapore-based traders aren’t allowed.
Supports trading with leverage. Limited analytical and charting tools for large-volume traders.
In-house token based on Ethereum.
DigiFinex takes no maker/taker fee.
Lowest withdrawal fees.
Flexi-earn and crypto loan to earn interest on crypto.

Pro Explained:

More than 500+ coin trading options:

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.

Supports trading with leverage:

DigiFinex facilitates leveraged trading, allowing users to amplify their positions and potentially maximize returns, catering to experienced traders seeking advanced strategies and those seeking increased market exposure.

In-house token based on Ethereum:

DigiFinex exchange introduces its Ethereum-based token, fostering a unique ecosystem that may provide users exclusive benefits and opportunities within the platform.

DigiFinex takes no maker/taker fee:

DigiFinex distinguishes itself by not charging maker/taker fees, offering a cost-effective trading experience for users, and eliminating the traditional fee structure associated with market orders.

Lowest withdrawal fees:

DigiFinex exchange stands out with its commitment to user-friendly practices, featuring the lowest withdrawal fees among cryptocurrency exchanges, enhancing the overall cost-effectiveness for users.

Flexi-earn and crypto loans to earn interest on crypto:

DigiFinex introduces Flexi-earn and crypto loans, allowing users to earn interest on their cryptocurrencies, providing additional avenues for passive income, and expanding the platform’s financial offerings for its users.

Cons Explained

The US and Singapore-based traders aren’t allowed:

Unfortunately, DigiFinex exchange restricts access for traders based in the US and Singapore, limiting the platform’s availability for users in these regions due to regulatory constraints.

Limited analytical and charting tools for large-volume traders:

While DigiFinex provides a user-friendly platform, it falls short for large-volume traders with limited advanced analytical and charting tools, potentially hindering the comprehensive analysis for sophisticated trading strategies.

DigiFinex Fees

DigiFinex trading site allows its registered users to deposit and withdraw funds using credit cards and crypto coins. Traders can deposit and withdraw money by paying specific trading fees. Trading commissions are also low. The transaction fee is 3.5% or $10, whichever is higher. The complete transaction will take at least 10-30 minutes and be deposited into the DigiFinex wallet.

DigiFinex doesn’t allow users to deposit or withdraw using debit cards. Moreover, the platform uses Wire Transfer, and Simplex for transfer purposes. The Wire Program has a set limit of $500-$40,000 per day, charging the DigiFinex fee. Long-term traders should know that the platform charges an overnight interest rate of 0.05% while using the DigiFinex margin trading. Users holding the DFT Token and VIP members will get a reduced fee of 0.06% per transaction. Moreover, if you want to know more about the same, click here.

Withdrawal Fees For Digifinex

Different exchanges have different withdrawal fees. As mentioned above, the exchange rate here is 0.0003 BTC while withdrawing the same.

Registration Process For Digifinex Crypto

Like all Cryptocurrency exchange platforms, traders also need to register and create an account with DigiFinex. Users need to follow all the procedures of registration for accessible trading facilities on the website.

Steps to follow as a process of registration in DigiFinex:-

  • Visit the official website of DigiFinex and click on “Register.”
  • Do read all the terms and regulations before agreeing with the DigiFinex Digital Assets Financial Exchange terms.
  • Once done, go ahead with the registration process.
  • Provide complete details, along with email ID, to get the verification mail.
  • Click on the Verification Link sent in the mail to become a registered member.
  • Next, provide proof of identification for the trading purpose. Also complete the identification process by providing Know Your Customer (KYC), personal information, government-issued ID, and residential address.
  • Once verified, users could government-issued unlock airdrop rewards raise the daily withdrawal limit, and start doing DigiFinex trading.

DigiFinex Reviews - Registration Process

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Features Of Digifinex Exchange

For many reasons, traders should use this DigiFinex platform for trading purposes.

Instant Trading:

Digifinex excels with Instant Trading, enabling swift execution for users. Real-time functionality ensures quick response to market changes, enhancing overall trading efficiency and experience.

Advanced Platform:

Digifinex’s Advanced Platform boasts sophisticated tools and a user-friendly interface, empowering traders for in-depth analysis. Catering to diverse styles, it positions itself as a comprehensive and advanced cryptocurrency exchange.

Demo Mode for Trading Practice:

Digifinex offers a risk-free Demo Mode for skill development and strategy testing. Ideal for both beginners and experienced traders, it fosters confidence before engaging in live markets.

Copy Successful Traders:

Digifinex introduces social trading, allowing users to emulate the successful strategies of top investors. The ‘Copy Successful Traders’ feature creates a collaborative community, enriching the trading landscape with shared knowledge.

Traditional Market:

Digifinex expands beyond cryptocurrencies, including the Traditional Market. This diversification offers users a versatile platform, reinforcing its commitment to a holistic and inclusive trading environment.

DigiFinex Deposit and Withdrawal Methods

The withdrawal and deposit in DigiFinex are fast and straightforward. Initially, the trading platform did not accept any fiat currency. It resulted in limiting new Cryptocurrency investors from doing any trading activities.

For deposits, the user can now use a credit card. 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 the coin withdrawal, the website charges 0.0003 BTC, which is quite below the industry number. Users can deposit crypto assets and stablecoins like Tether (USDT) for trading purposes. Traders can use both the desktop version and the DigiFinex mobile trading app.

There is a 3-step process for depositing. Users need to select the Cryptocurrency, copy the unique deposit address, and transfer funds from the exchange to the wallet. Choose the best crypto wallets for storing your cryptocurrencies.

Payment Methods

Digifinex ensures a seamless user experience by offering diverse payment methods for cryptocurrency trading. Users can conveniently fund their accounts using popular options such as bank transfers, credit cards, and various digital wallets. This flexibility accommodates different preferences and geographic locations, making it easier for individuals worldwide to participate in the cryptocurrency market. With a commitment to accessibility, Digifinex’s array of payment methods enhances user convenience and facilitates efficient transactions, fostering a user-friendly environment for both beginners and experienced traders alike.

Trading with DigiFinex Crypto

DigiFinex Limited targets both beginners and experienced crypto traders. It has both primary and pro version interfaces for users. Under the basic version, the user gets a slick trading platform and trading tools allowing for technical analysis on the charts.

Charts are listed by TradingView, a renowned tool with a suite of indicators. One of the powerful features both the preliminary and pro version carries is the “one-click navigation.” Using this, traders can change time, add chart indicators, and set alerts.

Then, the ‘clear all drawings tools’ option helps to remove all drawing lines and patterns with just one click. The layout of the pro user interface does not have much difference. It has a drop-down menu allowing the chart size to increase. An order window comes with an option to switch between spot and margin trading along with the pre-set volume amounts on the sliders.

DigiFinex App

DigiFinex offers a mobile trading app for its users. The trading app has been downloaded over 50,000 times with good review ratings. Users can download the app and start trading after completing the registration process (only for new users).

The DigiFinex app is available for Android, iOS, and tablet versions. You download and open a DigiFinex account, deposit fees, sell crypto using a native token, etc.

DigiFinex Reviews - Explore DigiFinex App

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Why To Choose DigiFinex?

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. So the user has options to select among the best or use multiple digital assets to trade.

Moreover, it majorly focuses on the Asian market, except for traders from Singapore. So it provides high-end liquidity and trading volumes. Another primary reason to choose DigiFinex is the security of funds.

The exchange platform is regulated by the Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore (MAS) for secured Blockchain technology. Additionally, every trader registering with the site needs to run through the Know Your Customer and other required steps.

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.

DigiFinex Limited is also known for rewards and 24/7 customer support. No matter what issue traders face, expert assistance is offered. The in-house developed security has multiple fail-safe layers, and two-factor authentication, giving cryptocurrencies heavy protection. Further, users can trade using the app DigiFinex.

Why Choose DigiFinex Exchange?

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Is DigiFinex Safe?

Until now, there have been no hacking or data breach cases on the DigiFinex platform. It appears to be the most secure platform having bank-like security that includes multiple steps of registration.

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.

Services Offered By DigiFinex Exchange

DigiFinex being one of the top crypto exchanges platform, offers a wide range of services for traders.

Some of the services provided are-

Spot Trading

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.

DigiFinex Reviews - Spot Trading by DigiFinex

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Perpetual Swaps

Perpetual Swaps by DigiFinex trading are derivatives letting traders trade the value. There is no expiry date, no trading of the underlying asset, and the 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.

Insurance Fund

The insurance fund service by DigiFinex acts as the safety net protecting traders from losses and ensures profits on trading are paid. One of the primary purposes of using this insurance fund is to avoid over-auto-deleverage liquidations (ADLs). Furthermore, these funds act as contributions from liquidated positions.


DRV by DigiFinex is the native exchange token of DigiDeriv, having a total supply cap of 100 million. There are different issuing methods- 2% private placement + 2% public subscription and + 96% activity rewards.

Currencies & Countries Supporting Digifinex Crypto

DigiFinex supports more than 100 crypto coins for exchange. This includes Bitcoin Cash, Bitcoin, Aave, Litecoin, Chainlink, Cardano, Ethereum, VeChain, etc. Select multiple currencies to trade.

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. It allows traders from Malaysia, South Korea, Australia, China, and others.

However, traders from the US and Singapore are not allowed to trade on the website. But it has an office in Singapore. One reason the US is not included in the Security Exchange Commission’s harsh regulations, it does not allow foreign companies to solicit US investors.

Trading Assets of DigiFinex

DigiFinex offers multiple trading assets, including Bitcoin, Bitcoin Cash, spot currency trading, and others. Traders can choose the one on which they are confident of getting a good return. Traders do not have to pay heavy trading fees for asset exchange.

DigiFinex Security

All digital assets in the platform are highly secured to avoid third-party access or data breaches. The Compliance Officer undertakes the annual AML audit of the company’s operations. Moreover, before trading, every user needs to provide Proof of Address and under the KYC process to ensure trading activities are done without any suspicious process and no money laundering activities happening.

All Cryptocurrency exchange coins are secured against access by a third party. DigiFinex also offers access to Cold Wallet. Users can use any of the three- KeepKey, Trezor, and Ledger Nano S.

DigiFinex Customer Support

DigiFinex offers the best customer support in all forms for its registered users. Whether the trader wants to know about withdrawal fees, deposit fees, trading fees, transaction history, or any other program available in the user’s DigiFinex account, 24/7 customer support is available. The customer service team is the best of DigiFinex Limited.

Users can chat live with executives to get real-time customer support. So the member can now connect with experts for quick queries about the Cryptocurrency exchange.

DigiFinex Customer Support

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Although the DigiFinex exchange review covers every aspect of the exchange platform, it is best to compare it with other exchanges for cryptocurrencies before trading. Services offered on the platform are pretty impressive, especially 100+ Cryptocurrency trading options.

Combined with the ability to buy coins with a credit card, derivatives, multiple Cryptocurrency exchanges, and trade margin products on a single platform, DigiFinex is certainly the trading platform to try out.


Is DigiFinex Legit?

The company is registered in Seychelles and is operating in Hong Kong with offices in different countries. There are more than 4 million users trading and is regulated with ‘Cryptocurrency exchange in Australia’ and holds provision exemption of digital payment token services in Singapore by the regulatory body, MAS.

How Do I Withdraw From Digifinex?


The withdrawal process in DigiFinex is pretty simple. Visit the official website and click ‘Withdraw.’ Select the currency to withdraw. Enter the Address Tag with coins. Finally, enter the amount, and verification code and submit.

Is DigiFinex A Good Exchange?

Overall, it is an excellent platform for trading on different exchange coins and native tokens. There have been no cases of hacking or data breaches. Moreover, it is supported by 150 countries.

Does DigiFinex Have A Referral Program?

Yes, users can receive rewards of USD 2 for each new customer depositing fiat currency and completing the first transaction successfully. A rebate or affiliate program provides up to 48% of the referred user’s trading commissions. Existing users can use and share the referral link or promo code with friends and family to receive trading rewards. You can download the Android or iOS version to share the referral link.

Can US Citizens Use DigiFinex?

DigiFinex welcomes US citizens to its platform, allowing them to participate in cryptocurrency trading. The exchange complies with US regulations, providing a secure and accessible environment for users in the United States to engage in digital asset trading.

Does DigiFinex Have Spot Fees?

Yes, DigiFinex charges spot trading fees. Spot trading fees on DigiFinex vary based on factors such as trading volume and membership level. It’s advisable to check the platform’s fee schedule for detailed information on spot trading fees and any applicable discounts.

Is DigiFinex A Trustworthy Cryptocurrency Exchange?

Yes, DigiFinex is considered a trustworthy cryptocurrency exchange. It has established a reputation for reliability, security measures, and compliance with industry standards. Users appreciate its transparent approach and commitment to providing a secure and efficient platform for cryptocurrency trading.

Is Digifinex Regulated?

The Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore (MAS) regulates the exchange platform for secured Blockchain technology. Additionally, every trader registering with the site must run through the Know Your Customer and other required steps.

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