DigiFinex exchange app newbies’ graphic tutorial on buying coins

Empowering beginners, DigiFinex Exchange's mobile app offers a seamless step-by-step tutorial for purchasing cryptocurrencies with unparalleled ease.

Nov 26, 2024 at 07:52 am

DigiFinex Exchange App Newbies' Comprehensive Guide: Step-by-Step Beginner's Guide

As digital currencies gain prominence in the financial landscape, many individuals are turning to trading platforms to navigate the complex world of cryptocurrencies. DigiFinex stands out among the numerous exchanges, renowned for its user-friendly mobile application designed to cater to beginner traders. This detailed guide will offer a step-by-step tutorial, empowering newbies to seamlessly buy coins on the DigiFinex exchange app with unparalleled ease.

Step 1: Embark on Your Crypto Adventure by Creating an Account

a) Download the DigiFinex app from trusted sources like the App Store (iOS) or Google Play Store (Android).
b) Launch the app and hit "Sign Up" to embark on your crypto journey.
c) Provide your email address as the primary channel for account verification and important updates.
d) Set a strong password employing a combination of uppercase and lowercase letters, numbers, and special characters for enhanced security.
e) Verify your email address by entering the OTP (One-Time Password) sent to your registered email.

Step 2: Elevate Security with Two-Factor Authentication

a) Opt for two-factor authentication (2FA), a crucial measure bolstering account security.
b) Choose between SMS authentication, which dispatches an OTP to your registered phone number, or Google Authentication, which generates time-based one-time passwords (TOTPs) via the Google Authenticator app.
c) Carefully record or store the 2FA recovery codes provided for future reference.

Step 3: Embark on a KYC Odyssey for Enhanced Limits and Security

a) Verify your identity through the KYC (Know Your Customer) process to unlock higher withdrawal limits and bolster account security.
b) Provide government-issued identification documents (ID card, passport, or driver's license) along with a selfie holding the document.
c) Patiently await KYC approval, typically processed within a few hours or days.

Step 4: Fund Your DigiFinex Account

a) Explore various deposit options to fund your DigiFinex account.
b) Select a convenient deposit method, such as bank transfer, credit/debit card, or cryptocurrency deposit.
c) Follow the on-screen instructions meticulously to complete the deposit process.

Step 5: Dive into the Coin Market and Choose Your Crypto

a) Navigate to the "Markets" section to explore the vast array of cryptocurrencies available for trading.
b) Choose your desired coin, considering factors like market capitalization, price fluctuations, and project fundamentals.

Step 6: Place Your Limit Order to Buy

a) Select "Limit" from the order types.
b) Specify the desired price at which you intend to buy the coin.
c) Enter the amount of the coin you wish to purchase.
d) Review the order details thoroughly before confirming your limit order.

Step 7: Monitor Your Order and Witness Its Execution

a) Track the status of your limit order in the "Orders" section.
b) Once the market price reaches your specified limit price, your order will be executed, and the purchased coins will be credited to your account.

Step 8: Withdraw Your Digital Assets to Secure Storage

a) Select "Withdraw" from the account options.
b) Choose the cryptocurrency you wish to withdraw.
c) Select the withdrawal network and enter the recipient's address carefully.
d) Verify the withdrawal details and proceed with the transaction.

Remember, the provided guide serves as a comprehensive roadmap for purchasing coins on DigiFinex. By meticulously following these steps, you can embark on your cryptocurrency trading journey with confidence. Embrace the world of digital assets with DigiFinex, the beginners' guide to unlocking financial freedom.