How to use DigiFinex exchange? Detailed usage tutorial

DigiFinex, a prominent cryptocurrency exchange, provides a comprehensive trading platform for both experienced and novice users, featuring various trading options, security measures, and advanced functionalities.

Nov 24, 2024 at 09:32 am

How to Use DigiFinex Exchange: A Comprehensive Guide

DigiFinex is a renowned cryptocurrency exchange platform that offers a comprehensive suite of trading services and features. Whether you are a seasoned trader or new to the cryptocurrency world, this detailed usage tutorial will guide you through every step of using DigiFinex exchange.

1. Account Registration

• Visit the DigiFinex website and click on the 'Sign Up' button.
• Enter your email address, create a password, and select your country of residence.
• Agree to the Terms of Service and verify your email address to complete registration.

2. Identity Verification

• To enhance security and unlock more features, complete identity verification by providing your personal information, such as name, address, and a government-issued ID.
• Follow the on-screen instructions to upload your documents and verify your identity.

3. Depositing Funds

• Click on 'Assets' and select the cryptocurrency you wish to deposit.
• Generate a deposit address or scan the QR code provided.
• Transfer the desired amount of cryptocurrency to the specified deposit address from your external wallet or another exchange.

4. Trading Cryptocurrencies

• Navigate to the 'Trade' section and select the trading pair you want to trade.
• Choose the desired order type, such as Market, Limit, or Stop-Limit.
• Enter the quantity of the base currency you want to trade or the amount of the quote currency you want to spend.
• Confirm the order details and click on 'Buy' or 'Sell' to execute the trade.

5. Managing Orders

• All your active orders can be viewed under the 'Orders' tab.
• Monitor the status of your orders, cancel or modify them if needed.
• The 'Trade History' tab provides a record of your executed trades.

6. Withdrawing Funds

• Click on 'Assets' and select the cryptocurrency you wish to withdraw.
• Enter the withdrawal address, amount, and transaction password.
• Confirm the withdrawal details and proceed to withdraw your funds.

7. Security Measures

• DigiFinex employs robust security measures to protect user funds and account information.
• Enable Two-Factor Authentication (2FA) to add an extra layer of security to your account.
• Keep your password and transaction password confidential, and never share them with anyone.
• Regularly monitor your account activity and report any suspicious activity immediately.

8. Advanced Features

• Use the 'Derivatives' section to trade futures and perpetual contracts.
• Participate in DigiFinex's Dual Currency Investment (DCI) program to earn interest on your cryptocurrency holdings.
• Access real-time market data and technical analysis tools from TradingView integrated within DigiFinex.