Hello DIFX Traders,
As we ring in the new year, we have some important news to share with you regarding the migration of trading services to a new exchange called BitDelta.
Over the past few months, you must have noticed a gradual shift in operations of spot, derivatives, and MT5 trading via our email communication. This shift in operations comes after careful thought and consideration with our board and stakeholders on the future of Digital Financial Exchange-DIFX.
Reflecting on Our Journey:
During the past two years, Digital Financial Exchange-DIFX has emerged as a leading multi-asset trading platform, serving both institutional and retail traders. Our commitment to provide a comprehensive trading experience across a diverse range of assets, including cryptocurrencies, commodities, stocks, indices, and forex, has been unwavering.
Our growth has been remarkable, marked by numerous product launches, feature updates, and expansions. However, what truly sets us apart is our incredible community of users who have supported us every step of the way. Your trust, feedback, and engagement have been the foundation of our success.
A Strategic Move Forward:
Today, we are pleased to announce that the retail trading operations of Digital Financial Exchange – DIFX (DIFX) have been migrated to BitDelta, an emerging global player in the trading industry, known for its comprehensive trading capabilities, allowing users to delve into a diverse range of assets. This strategic migration signifies a new chapter in the journey, one that holds immense promise and potential.
Furthermore, from a compliance perspective, Digital Financial Exchange-DIFX is transferring your trading account from DIFX LLC to Lionheart Limited SRL, the official operator of BitDelta. It is worth noting that all the agreements will be transferred automatically from DIFX LLC to Lionheart Limited SRL.
This migration to BitDelta marks the convergence of industry expertise, innovation, and a commitment to enhancing the user experience and access to a diverse range of assets. The change seeks to leverage the strengths of both platforms, helping BitDelta to create a trading ecosystem that caters to the needs of their expanding retail clients on a global scale.
For Retail Users: A Seamless Multi-Asset Trading Experience
For retail traders, the migration promises a seamless multi-asset trading experience that transcends boundaries. BitDelta, known for its user-centric approach, has introduced retail traders to a world of possibilities, enabling them to diversify their portfolios across various asset classes.
Retail users can anticipate several benefits:
- Enhanced User Experience: The migration will bring an improved trading interface, offering a smoother and more intuitive experience of the exchange offerings.
- Global Expansion: BitDelta’s reach will allow the retail traders to access markets in multiple jurisdictions.
- Innovation and Growth: This migration will allow us to foster even more growth in our institutional operations all while maintaining trust and security.
For Institutional Clients: Continuity and Expansion
Institutional clients who have entrusted Digital Financial Exchange – DIFX with their trading needs can rest assured that the migration will not disrupt their services. Digital Financial Exchange – DIFX will continue to serve its institutional clients independently, ensuring business continuity and the preservation of valuable client relationships.
Users will have the opportunity to explore new markets, enterprise liquidity services, and digital and traditional assets using API functionality while benefiting from their innovative approach to trading.
The migration to Bitdelta.com will be scheduled to take place on the following date and time:
- Migration Date: 10th January 2024
- Time: 06:00 Hours UTC to 16:00 Hours UTC
For all retail traders, during the migration, you will not notice any changes to your trading account itself, your existing account details, balances, and trading history will be seamlessly migrated to the newer platform on bitdelta.com.
- Open orders and Positions will not be revived after migration, and you need to place your orders again.
- All open positions will be auto squared off on market price irrespective of profit or loss hence we recommend closing the existing position before migration that is on 10th January 2024.
- If you have existing DIFX rewards accumulated from your sign-up journey rewards, note these will be migrated into Delta Points on bitdela.com
- Existing API keys and secret keys will be migrated as it is in the newer platform.
- Existing approved KYC status will remain unaffected, while newer KYC procedures will be conducted through a newer 3rd party provider (Veriff).
If you do not want your account to be switched to Lionheart Limited SRL, then you must close your existing account. You must close any open trading positions and withdraw your funds by the end of the 9th of January 2024. If your account is not closed by this date, then BitDelta will deem you to have agreed to switch.
For account closure, send us an email at [email protected]
We understand the critical nature of your transactions, and we assure you that every measure has been taken to ensure a smooth and secure migration process.
We would like to express our heartfelt gratitude to the DIFX traders for their unwavering support. As we embark on this migration to BitDelta, we are filled with gratitude for the incredible community that has been the cornerstone of our success.
As we look forward to 2024, we are filled with hope and anticipation. We are confident that this migration to BitDelta will create a trading ecosystem that caters to the needs of its expanding retail clients on a global scale.
With BitDelta, we will strive to provide you with exceptional trading experience, foster growth in its institutional operations, and maintain the highest standards of trust and security.
Thank you once again for your support, and we are excited to embark on this journey with you towards an exciting and prosperous 2024.
Disclaimer: Migration of Users from DIFX to Bitdelta
By continuing to use the DIFX platform during the migration period, users acknowledge and agree to the terms outlined. This disclaimer is subject to change, and users are encouraged to review it periodically for any updates or amendments. For further inquiries, please contact [email protected] and keep an eye out to community channels and your registered mail addresses. Additionally the content provided is for informational purposes only and should not be considered as financial or investment advice. Always consult with a professional or do your own research before making any financial decisions.
Thank you for your understanding and cooperation.