Bitcoin Latinum Launches On Digifinex Up Over 200%

Bitcoin Latinum Launches On Digifinex Up Over 200%

digifinex exchange

Global FinTech Series covers top Finance technology news, editorial insights and digital marketing trends from around the globe. Get relevant updates on modern Fintech adoption with Fintech interviews, tech articles and events. Receive the latest news about our cryptocurrency education courses, events, and guides. The trading platform of DigiFinex seems simple and pretty straightforward. However, clients need to be advised that the color-coding for the price changes is different. It is a Hong Kong-based company but has a presence in different Asian countries including Singapore. Then, the ‘clear all drawings tools’ option helps to remove all drawing lines and patterns with just one click.

A DigiFinex exchange review reveals that the latter is a Seychelles company with headquarters in Singapore. It was founded in 2017 by Ned Kee, the existing CEO of DigiFinex. 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.

Limitations Of Digifinex

Users need to select the Cryptocurrency, copy the unique deposit address, and transfer funds from the exchange to the wallet. The exchange platform is regulated by the Australia Regulated Digital Currency Exchange Service Provider and Monetary Authority of Singapore for secured Blockchain technology. Additionally, every trader registering with the site needs to run through the Know Your Customer and other required steps. We have received reports from several project teams that Digifinex has been listing ‘fake’ tokens that have not been issued ahead of TGE. To make a deposit, hover over the “Balance” menu tab and select “Deposit”.

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A list of top cryptocurrencies on DigiFinex exchange based on the highest 24h trading volume, with their current price. A list of top markets on DigiFinex exchange based on the highest 24h trading volume, with their current price. Buy and trade Bitcoin and other cryptocurrency straight from your phone, and manage your portfolio to grow your blockchain assets. In terms of figures, the size has grown from 100 million to 200 million users in four months. According to Fundera, more people across the world are transacting using cryptocurrencies. It is easier to buy and make in-store payments with the tokens.

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Newer users will appreciate their Buy Now option which makes it easy to purchase BTC and other coins directly using a fiat payment option or credit card. Though they are not totally without negative reports and security incidents, DigiFinex is largely considered to be a very safe and upstanding exchange. CoinMarketCap where it caters to 130 markets, being positioned on the 18th most active global cryptocurrency exchanges. 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 users DigiFinex account, 24/7 customer support is available. The customer service team is the best of DigiFinex limited. The only way to purchase crypto using fiat currency is via debit or credit card.

In summary, DigiFinex is a great exchange for anybody looking to trade some smaller coins that may not be available, especially on other exchanges of the same magnitude or with similar reputations. Their trading fee is a bit high for an exchange that doesn’t deal with fiat-to-crypto trading, and their number of order options is a bit limited. In spite of this, DigiFinex offers a fine product with a gentle learning curve, perfect for traders anywhere in the world, both big and small. It prides itself in having over 4 million users across the world. The company’s services are accessible to users in over 150 countries.

Supported Cryptos

Monsoon Blockchain developedBitcoin Latinumfor the Bitcoin Latinum Foundation. DigiFinex trading fee structure for makers and takers is based on a flat model of 0.20 percent, which is slightly lower than the industry average of 0.25 percent. VIP fees can go as low as 0.03 percent and are based on the trading volume of a VIP user in a 30-day period.

digifinex exchange

DigiFinex has established itself as a central crypto trading exchange platform. This digital trading exchange platform uses native exchange tokens and powers of the DigiFinex Ecosystem. Traders using this website can trade spots, perpetual swaps, and buy crypto using fiat currency.

Beyond Protocol Lists Native Token On Mexc Global

Half a dozen exchanges are planning to list LTNM before the end of 2021. She expressed that DigiFinex only selects high-quality projects. DigiFinex is committed to provide blockchain users safe, secure and convenient investment channels. This exchange has a solid 24 hour trading volume, almost always exceeding USD 1 billion on a 24-hour basis. On the date of last updating this review , the 24-hour trading volume was USD 1.67 billion. All Cryptocurrency exchange coins are secured against access by a third party.

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DigiFinex argues to be a safe, secure and convenient investment channel powered by an industry-leading technology architecture that guarantees asset security and service accuracy. CoinCarp provide crypto prices ,analysis, news and charts. We try our best to be the world’s leading cryptocurrency market data provider. ROKKEX is a fully regulated crypto trading platform that combines advanced cybersecurity tools and s… Panxora frees anyone, anywhere to use their cryptocurrency to trade global markets and generate a re… Their priority is to keep customers deposits safe and to create a stable trading environment through scalable HDM wallets (offline cold and multi-layer hot wallet) and special exchange service solutions . Furthermore, they advise their customers on how to keep their funds and themselves safe.

Top 5 Exchanges

The in-house developed security has multiple fail-safe layers, two-factor authentication, giving cryptocurrencies heavy protection. In the age of crypto trading, traders have a vast number of options to choose the platform and start trading. From native exchange tokens to the latest ones, trading platforms following regulations offer options to traders to trade without any issues. However, choosing the right trading platform and having insight into coin exchange is vital. Since there are several crypto exchange options, choosing the right one is quite a task. There is a greater plan to have the token listed on top global exchanges in the coming months.

digifinex exchange

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 purchase process is handled through Simplex which adds a fee by increasing the dollar rate at which coins are purchased. 15 coins and tokens are offered via credit card purchase, with 36 fiat currencies supported in the conversion process. After purchasing cryptocurrency through Simplex, coins will be available in the user’s trading account, which can then be traded on the exchange for other coins. DigiFinex is a world leading digital assets trading platform, focusing on cryptocurrencies like Bitcoin, Ethereum, Litecoin etc. 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. A DigiFinex review also reveals that this relatively unknown digital asset exchange was primarily designed to serve the Asian market.

So if you have a MasterCard or a VISA-card, you can purchase cryptocurrency also at this trading platform. In 2019, digifinex review launched DigiFinex Korea, especially for traders in South Korea to trade cryptocurrencies using South Korean won. It partnered with Simplex in the same year where users can buy Bitcoin, Litecoin, Ethereum, and other digital assets. DigiFinex exchange is a Cryptocurrency trading platform and currently has more than 4 million users globally. This digital coin trading platform offers perpetual swaps, purchasing digital coins using a credit card, and leverage trading.

Beincrypto News Now!

The list includes- Bitcoin, Cardano, Aave, ChainLink, Ethereum, and others. It has its own DigiFinex Token that helps in trading coins. Due to its user-friendly features and a growing number of traders, it ranked 10th for its liquidity and trading volume as per the Coinmarketcap website. Headquartered in Singapore, one of the significant Cryptocurrencies markets, it has an office registered in Seychelles. Statistics showing an overview of DigiFinex exchange, such as its 24h trading volume, market share and cryptocurrency listings.

Bitcoin Latinum Brings the Metaverse To Miami – EIN News

Bitcoin Latinum Brings the Metaverse To Miami.

Posted: Sat, 27 Nov 2021 08:00:00 GMT [source]

Its users can trade using a mobile app supported by iOS and Android devices. Traders can use the app to track trade positions and crypto market prices any time and everywhere. At the heart of the DigiFinex exchange lie three main technologies – a scalable HDM wallet, smart contract service solutions, and real-time recording for users’ transactions. With the HDM wallet technology available on the platform, users can either opt for a single cold wallet or go with a multi-layer hot wallet to generate a multi-signature collection address. The feature doesn’t just meet wallet security performance, but it also satisfies added requirements pertaining to a user’s address and wallet. Bitcoin Latinum , the next generation, insured, asset-backed cryptocurrency, has officially listed on the DigiFinex exchange, opening over 200% in its first hour of trading. Bitcoin Latinum congratulates DigiFinex on a successful launch, and everyone who has supported the project.

Security of the token is assured as it is insured and has a backing of digital and world assets. The base value increases over time since the asset’s backing is held in a fund model. Furthermore, the transaction fee is taken back into the asset fund backing the currency. The token holders can earn rewards on their held coins as security to staking on Bitcoin Latinum. Electricity consumption is reduced in the process by LTNM. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

  • Based on the Bitcoin ecosystem, Bitcoin Latinum was developed by Monsoon Blockchain Corporation on behalf of the Bitcoin Latinum Foundation.
  • Also complete the identification process by providing Know Your Customer , personal information, government-issued ID, and residential address.
  • Their priority is to keep customers deposits safe and to create a stable trading environment through scalable HDM wallets (offline cold and multi-layer hot wallet) and special exchange service solutions .
  • Therefore, if users want to invite any other traders to the platform, they can send the link to Digifinex exchange and get profit from trading on the most convenient and profitable trading exchange.

Monsoon Blockchain, Bitcoin Latinum’s lead developer, has announced plans for Bitcoin…… Bitcoin Latinum , the next generation, insured, asset-backed cryptocurrency, has officially listed on the DigiFinex 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. The company is registered in Seychelles and is operating in Hong Kong with offices in different countries. Users can safely exchange cryptos and can even connect with the crypto community for further assistance. All digital assets in the platform are highly secured to avoid third-party access or data breach.

Author: Tom Farren



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