DIFX (launched September 6, 2021) is a secure cryptocurrency exchange that provides a fully insured global trading platform. It is a centralized cross-asset cryptocurrency exchange that allows users to trade between multiple asset classes. DIFX uses full data encryption and Bitcoin cold storage to protect activities and has strong AML/CFT measures in place, registers with local FIUs and reports suspicious activity and transactions. DIFX provides a robust cryptocurrency trading platform so users can trade using the DIFX mobile app for iOS and Android as well as the web version. With its user-friendly interface, trading and investing in the best performing assets is a breeze

aspect information Company name DIFX Registered country Singapore Year of establishment 2017 Regulators Unregulated Number of cryptocurrencies available Payment methods Bank transfer, credit/debit card Customer support 24 /7 Live Chat, Email Support

Get to know DIFX

DIFX, a Singapore-based company founded in 2017. With over 100 cryptocurrencies to trade, DIFX offers users a wide range of options. The platform has low transaction fees, while withdrawal fees vary depending on the specific cryptocurrency. Users can conveniently transact via bank transfer or credit/debit card. In addition, DIFX offers customer support via 24/7 live chat and email, ensuring that assistance is always available for any queries or concerns.

Pros and cons

Pros and cons Offers multiple cryptocurrencies Withdrawal fees vary by cryptocurrency Low transaction fees Only bank transfers and credit/debit cards 24/7 live chat and email support Unregulated

Pros:

- Offers multiple cryptocurrencies : DIFX offers users the option to trade over 100 different cryptocurrencies, enabling a diverse portfolio.

- Low transaction fees: The platform has low transaction fees, making it cost-effective for users to buy and sell cryptocurrencies.

- 24/7 live chat and email support : DIFX provides customer support via 24/7 live chat and email, ensuring that users can always get help.

Cons:

- Withdrawal fees vary by cryptocurrency : DIFX charges different withdrawal fees depending on the specific cryptocurrency being withdrawn, which can be a burden for users.

- Only supports bank transfers and credit/debit cards : DIFX currently only supports transactions via bank transfers and credit/debit cards, limiting the range of payment options for users.

- No regulation: DIFX is not regulated, which means there is no government or Financial Institution Group overseeing its operations. This makes investing with them fraught with risk.

Regulators

DIFX currently has No regulation in force , which means there is no government or Financial Institution Group overseeing its operations. This makes investing with them fraught with risk.

If you are considering investing in DIFX, it is important to conduct thorough research and weigh the potential risks and potential rewards before making a decision. In general, it is recommended to invest in a well-regulated exchange to ensure that your funds are protected.

Security

DIFX prioritizes the security of user funds and personal information. The platform implements various safeguards to guard against potential threats.

• Partnering with Fireblocks: DIFX has partnered with Fireblocks, a well-known digital asset security platform, to enhance the security of user funds custody. This partnership provides an additional layer of protection against theft, hacking or misconduct.
• Robust Security Testing: DIFX maintains a security team that constantly tests platform systems against a variety of attack vectors. By proactively identifying and addressing vulnerabilities, DIFX strives to ensure the integrity and reliability of its infrastructure.
• Bug Bounty Program: Drawing on the expertise of the wider security community, DIFX runs the Bug Bounty Program in partnership with hacken. Through this program, security researchers are encouraged to identify any vulnerabilities and report them to DIFX. This approach allows for ongoing vulnerability assessment and remediation.
• Audited and Certified: DIFX is subject to regular audits by leading exchange auditors cer.live. The platform has received good ratings for server security and user security, demonstrating its commitment to maintaining a secure environment for its users.
• 24/7 SOC Monitoring: DIFX employs a team of in-house security analysts who continuously monitor and develop security operations center (soc) practices. This proactive approach allows for rapid detection and response to emerging threats in the digital asset space.

Fees

DIFX transactions have a tiered fee structure based on the user's transaction level and transaction amount. Here is the fee breakdown:

DIFX charges transaction fees based on a market maker-taker fee structure. The Maker Fee and Taker Fee DIFX for trading the BTC/USDT currency pair are both 10.5 USDT.

Pair Minimum Sale Amount Minimum Purchase Volume Pending Order Fee Recipient Fee Bitcoin USDT 1.05 billion USD 1.05 billion USD 0.150.15 DIFX USD 1.05 billion USD 1.05 billion USD 0.150.15 Ethereum USDT 1.05 billion USD 1.05 billion USD 0.150.15 Sandus 1.05 billion USD 1.05 billion USD 0.150.15 SHIBUSDT 10.5 USDT 1.05 billion billion USD 0.150.15 MEETING 1.05 billion USD 1.05 billion USD 0.150.15 CHLIUSDT 1.05 billion USD 1.05 billion USD 0.150.15

For withdrawal and deposit fees, the minimum withdrawal amount of DIFX is 100 units of the corresponding coin/token. The withdrawal fee for Ethereum and Binance Smart Chain is 20 units and there is no deposit fee.

Coin/Token Name Network Minimum Withdrawal Fee Deposit Fee DIFX Digital Financial Exchange Ethereum Binance Smart Chain 100100202000 Bitcoin Bitcoin Bitcoin 0.200.0010 Ethereum Ethereum Ethereum 0.020.010 LTC Litecoin Litecoin 0.0040.0020 Size Coconut Swap Binance Smart Chain 5050 RXT RIMAUNANGIS (BSC Chain) Binance Smart Chain 550

In addition, DIFX implements a hierarchical fee structure based on the user's transaction level and transaction amount. As the transaction volume increases and the user reaches a higher transaction level, the fees for pending and eating orders will decrease. The following is a breakdown of the fee structure based on transaction level and amount:

Level Quantity pending order fee Recipient fee 1 1000.150.15 2 5000.1450.145 3 10000.140.14 4 250000.130.13 5 50000.1250.125 6 100000.120.12 7 150000.1150.115 8 200000.110.11 9 500,000 0.10.1 10 1000000.090.09 11 10000000.050.05