Spotlighting our expert reviews on: @DigiFinex
DigiFinex is an offshore cryptocurrency exchange known for its broad altcoin selection, global accessibility and relatively light onboarding requirements compared to heavily regulated competitors.
Our OG expert reviewers note that DigiFinex has improved transparency through Merkle Tree based Proof of Reserves and maintains reserve ratios above 100% for major assets but concerns remain around historical allegations of inflated trading volumes, limited regulatory oversight, withdrawal delays, slow support responses and inconsistent user experiences. While the platform offers access to a wide range of assets that many larger exchanges do not list, its trust profile remains weaker than top tier regulated competitors.
Can DigiFinex’s broad altcoin access and Proof of Reserves compensate for its regulatory gaps and long standing concerns about transparency and user experience?
Category: Centralized Exchange
24H Volume: $1.079B
Markets: 476
Fees: Spot: 0.15% maker, 0.20% taker
Future: 0.02% maker, 0.05% taker
Token: $DFT
Year Established: 2017
Country: Singapore
OG (Trust) Score: 26.02
OG Score Rank: #19/46
Reviewed by 5 OG Auditors.
More on the OG audit review and the Exchange info here: ogaudit(.)com/exchanges/digifinex
https://t.co/B5l7b2XAE9
