DigiFinex is a global Bitcoin exchange that provides a trading platform for more than 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT) (USDT), etc.
As of December 2019, it is one of the top 10 cryptocurrency exchanges ranked by liquidity on CoinMarketCap, a website that provides cryptocurrency market cap rankings, charts, and other related information.^[2]

Overview

DigiFinex was founded in December 2017 by a core team, including Kiana Shek, from listed companies in the US, Hong Kong, and China. DigiFinex is headquartered in Singapore, and conducts its operations in Hong Kong, Malaysia, South Korea and China.^[2]

In June 2018, DigiFinex was the first cryptocurrency exchange to launch an iOS app.^[1]

In September 2018, DigiFinex made a move to "replace Tether with a rival STABLECOINS" TrustToken’s TrueUSD, "the first regulated stablecoin fully backed by the US Dollar." As of December 2019, Tether is still listed on DigiFinex as a main trading market.^[1]

In April 2019, DigiFinex launched DigiFinex Korea, enabling users in South Korea to purchase and sell cryptocurrencies using the South Korean won.^[3]

In April 2019, DigiFinex partnered with Simplex to let users to purchase Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) & Ripple (XRP), with payments being made in USD or EUR with Visa or MasterCard.^[2]

In September 2019, DigiFinex organized a cryptocurrency research hackathon among university students, co-hosted by CoinDesk as part of Invest: Asia 2019 at Sands Expo, Marina Bay Sands in Singapore.^[4]

Trading Platform

Cryptocurrency spot and margin trading are available on DigiFinex. Its margin trading platform has a 3:1 leveraging option.^[4]

Over-the-counter (OTC) trades are matched for users to buy Bitcoin (BTC), Ether (ETH) Tether (USDT) with Chinese yuan, Vietnamese dong, New Taiwan dollar, Hong Kong dollar, and Indonesian rupiah.^[1]

Community Token Listing

Public Blockchain projects can apply to list their tokens on DigiFinex by engaging their communities to vote for them, which is different from the usual pay-to-list model that could cost up to $250,000.^[1]