What does DigiFinex contract mean?

DigiFinex Contract provides a wide array of cryptocurrency derivatives, allowing traders customizable trade setups tailored to their risk tolerance and trading style.

Nov 23, 2024 at 04:36 pm

What is DigiFinex Contract?

DigiFinex Contract is a decentralized contract trading platform that allows users to trade a variety of cryptocurrency derivatives, including perpetual contracts, futures contracts, and options contracts. The platform is powered by the DigiFinex blockchain and offers a number of features that make it an attractive option for traders, including:

• High leverage: DigiFinex Contract offers up to 125x leverage on its perpetual contracts, which allows traders to amplify their profits (and losses).
• Low fees: DigiFinex Contract charges some of the lowest fees in the industry, making it an attractive option for traders who are looking to save money on their trading costs.
• Wide variety of contracts: DigiFinex Contract offers a wide variety of contracts, including perpetual contracts, futures contracts, and options contracts. This allows traders to find the contract that best suits their trading style and risk tolerance.
• Advanced trading tools: DigiFinex Contract offers a number of advanced trading tools, including charting tools, technical indicators, and order types. This allows traders to make informed trading decisions and manage their risk.

How to Use DigiFinex Contract

To use DigiFinex Contract, you will need to create an account on the platform. Once you have created an account, you will need to deposit funds into your account. You can do this by transferring cryptocurrency from another exchange or by purchasing cryptocurrency directly on DigiFinex Contract.

Once you have deposited funds into your account, you can start trading contracts. To do this, you will need to select the contract that you want to trade and then specify the amount of leverage that you want to use. You can also specify the order type that you want to use.

Once you have specified the order parameters, you can submit your order. Your order will be executed immediately if there is a matching order on the other side of the market. If there is no matching order, your order will be placed on the order book.

DigiFinex Contract Fees

DigiFinex Contract charges a number of fees, including:

• Trading fees: DigiFinex Contract charges a trading fee of 0.02% on all trades. This fee is deducted from the proceeds of the trade.
• Withdrawal fees: DigiFinex Contract charges a withdrawal fee of 0.0005 BTC for each withdrawal. This fee is deducted from the amount of cryptocurrency that you are withdrawing.
• Deposit fees: DigiFinex Contract does not charge any deposit fees.

DigiFinex Contract Security

DigiFinex Contract is a safe and secure platform for trading cryptocurrency derivatives. The platform uses a number of security measures to protect user funds and data, including:

• Encryption: DigiFinex Contract uses encryption to protect user funds and data. All data is encrypted at rest and in transit.
• Two-factor authentication: DigiFinex Contract requires users to enable two-factor authentication (2FA) to withdraw funds from their account. This helps to protect user funds from unauthorized access.
• Cold storage: DigiFinex Contract stores the majority of its user funds in cold storage. This means that the funds are stored offline and are not accessible to hackers.

Conclusion

DigiFinex Contract is a safe and secure platform for trading cryptocurrency derivatives. The platform offers a number of features that make it an attractive option for traders, including high leverage, low fees, a wide variety of contracts, and advanced trading tools.