eXFi is a recently launched decentralized derivatives trading platform. It allows you to trade Perpetual Contracts with low fees, deep liquidity and significant leverage. It lets you enjoy complete accessibility without asking for your data or any other information giving you complete anonymity.
This exchange offers you up to 100x leverage for all the trading pairs and deep liquidity. It is built on Layer 2 for fast order execution and low gas fees. You can place large orders with the best possible prices without KYC, giving you complete control of your private keys.
Now let’s look at what all cryptos are available on this platform.
You can trade between BTC/USD, ETH/USD, XRP/USD, LTC/USD, EOS/USD, ADA/USD, SOL/USD, and UNI/USD. There will soon be tonnes of more trading pairs on the exchange, considering the rate at the list is expanding.
Now that you know what crypto assets you can trade in let’s discuss its unique selling points.
Other USPs Of eXFi Exchange
By using leverage, you can exponentially increase your profitability. It allows you to “borrow” assets from the exchange and execute trades at larger quantities than you usually would in spot trading.
eXFi leverage trading allows you to use up to 100x adjustable leverage on all trading pairs, meaning you can unwind on any trading pair that is listed on the exchange.
Leverage trading also lets you short sell. If you believe an asset is about to go down, you can borrow it, sell it off, then buy it back at a lesser price and pay back the borrowed amount, giving you profit on the difference between the price you sold and the price you bought back.
Along with leverage, eXFi also offers deep liquidity; let’s get an idea of what it is.
Liquidity is often overlooked while choosing an exchange. When the markets you trade on turn illiquid, leading to price slowdowns and slippage. eXFi exchange excels in terms of liquidity by aggregating it from multiple other exchanges, allowing you to remain calm even when executing the largest orders.
In this way, slippage is kept at a minimum, and a market price that never fluctuates from the global average is guaranteed, meaning that the market price you see when you press the long or short button is undoubtedly the price at which the order will be opened.
Fees on eXFi are currently the lowest in the industry at 0.019% for market makers and 0.060% for market takers. Please go through the table below for detailed information on the fees.
Compared to other derivatives exchanges, both centralized or decentralized, eXFi offers the lowest fees on the market on some of the most popular trading pairs such as BTC/USD, ETH/USD, XRP/USD, SOL/USD, LTC/USD, UNI/USD.
Deposit and Withdrawals
The platform offers you a direct funding method to deposit funds in your account. Just go to your wallet page and directly connect your wallet with the exchange. It’s that simple. It lets you trade as soon as you fund your account and doesn’t charge any fee for depositing.
You can deposit in USDT, MATIC, DAI, USDC, LINK, WBTC, PAX, and other ERC20 tokens readily available on the platform.
User Interface and Experience
I must say that eXFi has done a really great job in designing the trading window. The top of the screen has a quick access bar where you will find all the crypto pairs to let you quickly switch among them while trading.
In the middle of the window is the order submission window, which is the realm of any intuitive trader. The overall interface is simple yet subtle, giving you access to all your trading tools at your fingertips.
The design is straightforward and allows your order size in USD, a leverage slider and buy/sell buttons or using percentages of your balance.
At the bottom is the order info window that displays all the outstanding fulfilled and current orders as well as your order history.
Order specs available
All order specifications are available all the time to the user, including the opening timestamp, open price, last price, take-profit and stop-loss prices, expected liquidation price, commissions paid, funding fees, unrealized and realized P&L and return on investment.
How to get started?
Here is the guide to starting your trading journey on eXFi:
- Click on the following link: eXFi.trade.
- Click on ‘Connect Wallet’ or Trade Now’.
Once you do this, you will be sent to the eXFi trading application, where you click on ‘Connect Wallet’.
- Then a window pops up, prompting you to read the terms and conditions and complete connecting your MetaMask wallet to the eXFi exchange.
- Once you do this, you will have to fund your eXFi margin account with enough collateral.
- Once your transaction is approved and executed, you can now head over to the ‘Trade’ page and begin trading.
- In order to withdraw your margin from eXFi, head to the ‘Wallet’ page and select the coin; you will withdraw back to your MetaMask wallet and complete your withdrawal.
You don’t need an account on eXFi as it is a decentralized derivatives exchange, meaning you would need to sign in with your Metamask wallet address and get right on trading without the need to fill in personal information.
If you face any difficulty or get stuck somewhere, eXFi’s dedicated and experienced customer representatives are always ready to serve you. They are available 24×7, providing you with their expertise and assistance.
To access customer support, click on the green tab at the right bottom corner of the window with a messaging icon, and the chat window will pop up. Additionally, they have a FAQ section where you can readily find answers to most of your queries.
eXFi is a decentralized exchange that gives you complete transparency and security. With real-time order information available on your trading window at all times, you are the only one who controls your private keys.
As you are not asked for any of your data, there is no need to worry about your privacy and safety.
Is eXFi safe?
eXFi is undoubtedly a secure platform, though it is new in the market but has been launched by a well-experienced and reputed company, Flare Finance, which in themselves are pretty prominent in the cryptosphere.
So if eXFi’s safety is your concern then, now it shouldn’t be at all.
eXFi is a gift to us, traders, which you should totally take advantage of. Being decentralized with all the top-of-the-line features and functionalities, though charging such low fees, eXFi is my first choice.
So what are you waiting for? Just click this link https://exfi.trade/ and skyrocket your profits.