Darb Finance Review

0 Comments

Darb Finance

Details

Broker Darb Finance
Website URL https://darbfinance.com/
Minimum 1st Deposit No minimum deposit amount
Free Demo Account Yes
Deposit Methods Debit cards (and plans for Apple Pay & Android Pay)
US Traders Allowed No
Overall Score

There is one cryptocurrency exchange that is on the lips of many in the crypto space right now and that is Darb Finance. This brand-new platform is designed to create a fully-fledged ecosystem for managing cryptocurrency assets and executing cryptocurrency trades. But what makes Darb Finance any better than the current popular cryptocurrency exchanges? That’s what we intended to discover in this comprehensive review of the Darb Finance exchange. Interested to know more about Darb Finance yourself? Head to the Darb Finance website via the table below to get a feel for this much-talked-about platform.

How we reviewed Darb Finance

While we don’t want to give too much away in our Darb Finance review too soon, it’s fair to say that we are very excited about this platform’s potential. In terms of cryptocurrencies available to trade, it offers the industry standard, but its capability to process millions of transactions in a matter of seconds is what really sets it apart. Furthermore, those who enter the Darb Finance trading platform will benefit from a multi-cluster system architecture that functions on a multi-tier platform, ensuring high-end security for every single transaction processed. In terms of Darb Finance fees, both market makers and market takers benefit from industry leading low transaction charges, compared with other established cryptocurrency brokers.

The Darb Finance trading platform
The super-slick homepage of Darb Finance

Background

The overall essence of Darb Finance is to develop a worldwide, multilingual platform that explains how cryptocurrencies and blockchains can benefit the masses. It was created by a team of IT professionals that had proven expertise in venture capital investments and ICOs, known as Bizzarria Limited. The company is based in St. Julian’s (Malta), Tallinn (Estonia) and Warsaw (Poland). The premise of Darb is to create a scalable exchange where beginner and experienced cryptocurrency investors can coexist smoothly and continuously, even under the highest traffic volumes. The Darb Finance trading platform will help educate newcomers to cryptocurrencies, whilst making it straightforward and time efficient for crypto investors with existing portfolios to monitor the value of their assets. Experts can also share their portfolio investments and strategies with newcomers, providing guidance, and are rewarded for sharing their knowledge in the form of Darb tokens.

Regulation & Safety

As with all our other reviews, this Darb Finance review ascertains the security features of the Darb Finance trading ecosystem and the overall exchange. If you are wondering is Darb Finance safe, you’ll be pleased to hear the platform has been audited and penetration tested to guard against cyber-attacks. The Darb Finance platform also features two-factor authentication (2FA), same browser login and new device login confirmation, all with the aim of protecting users and their crypto assets.

All devices that are logged in to the Darb Finance trading platform are recorded and tracked via IP, making it possible to block cyber-hackers that gain access by illegal means. The platform also features in-built anti-phishing codes to help users distinguish phishing attempts from official Darb Finance emails and newsletters. The platform also operates in accordance with the Anti Money Laundering (AML) practices which concern the countering of money laundering online.

Fees

One of the main things to consider when choosing a cryptocurrency exchange and wallet – yes, Darb Finance really is a one-stop-shop for all your crypto investment needs – are transaction fees. This is particularly important if you execute regular trades on cryptocurrencies, which may eat away at your margins.

However, you’ll be pleased to hear that Darb Finance fees are some of the most innovative in the crypto marketplace. Darb Finance withdrawal fees may exist, albeit in a small way, but more importantly, market makers on the Darb Finance trading exchange will be charged just 0.05% per transaction. Meanwhile market takers will be charged only 0.2%, which is exceptionally low and should certainly be taken into consideration when accounting for your crypto trading expenses and comparing with other platforms.

Payment Methods

For those wondering how to withdraw funds from their Darb Finance trading account, you can only do so using verified bank accounts at the time of writing. Users must simply visit the ‘Wallet’ tab and enter the amount of fiat currency they wish to withdraw, along with their bank account number and first and last name.

The main problem with the Darb interface at present is that it is highly unclear as to how users can deposit funds into their Darb Finance trading accounts. Subsequently, it’s unknown whether Darb users can buy Bitcoin with PayPal accounts and various other e-wallets. Given that users can withdraw to bank accounts, it would seem likely that users can also deposit using wire transfers.

Customer Support

Whether you have a query about your Darb Finance login or even the Darb Finance app, there are three easy ways to get in contact with the Darb team. You can either talk to a consultant via the live chat functionality, email the customer support team at [email protected] or fill out the contact form on the ‘Contact Us’ page.

It’s good to know that Darb boasts an international multilingual team, with extensive working experience throughout North America, Europe and Asia. As such, the Darb Finance exchange support eight languages during Phase 1 of its launch:

  • English
  • Spanish
  • German
  • Russian
  • Chinese
  • Korean
  • Japanese
  • Polish

Unique features & Trading Platform

The guys at Darb Finance recognised very early on that the majority of cryptocurrency exchanges suffer from poor technical architecture and security. With that in mind, the Darb Finance trading platform has been engineered to handle millions of transactions in seconds, allowing for real-time data processing that even the likes of banks, VISA and MasterCard could not handle. The platform’s matching engine is built to sustain 3.7 million orders per second and, unlike some competitor exchanges, it’s not a white-labelled engine; nor is it an open-source solution.

Some other crypto exchanges also lack the liquidity to enable traders to exit at a price they want. Low order books can lead to unnecessarily high slippage when crypto trading. That’s why Darb Finance is bringing in partners in mining companies, over-the-counter (OTC) partners and liquidity providers to provide the market depth that crypto investors crave. The Darb Finance trading platform will also allow crypto traders to open positions with up to 5x Darb Finance leverage, allowing them to maximise profitable investment opportunities.

The Darb crypto wallet is also designed to transact with all manner of blockchains, with users holding the private keys to their crypto assets. The long-term plan is for Darb to release a debit card that’s associated to a unique Darb crypto wallet, making it possible to use digital assets to pay for goods such as groceries or fuel. Finally, the Darb Academy is also geared towards educating newcomers to the value of cryptocurrencies, helping them to keep up-to-date with crypto trends and updates via aggregated news streams.

How does Darb Finance compare to eToro?

Darb Finance and eToro are very similar in terms of their approach to educating people about the excitement of the cryptocurrency space. They are both driven to making cryptocurrency investments as simple and straightforward as possible. However, some users may prefer the fact that the eToro platform only offers cryptocurrency CFDs that allow you to speculate on price movements rather than worrying about physically storing and managing your crypto portfolio within a secure wallet.

Fill out the sign-up form to receive a Darb Finance login
You can sign up to Darb Finance manually or using your social media accounts

How to sign up in 5 quick steps

  1. Hit the ‘Sign Up’ button in the top right-hand corner of the Darb Finance homepageFill out your email address and preferred password combination
  2. Complete the reCAPTCHA and click ‘Create New Account’
  3. Open the welcome email and click the link within it to authorise your Darb Finance login
  4. Verify your account via KYC to receive an increased withdrawal limit

Darb Finance advantages & disadvantages

Pros

✓ Lightning fast matching engine for crypto trades
✓ Darb Academy ideal for beginner crypto investors
✓ In-built Darb wallet connects to exchange
✓ Margin trading available up to 5x leverage
✓ Industry-low Darb Finance fees for market makers and market takers

Cons

X Still a very new concept
X Unclear which payment methods are accepted
X Customer support not the most responsive

Conclusion: Is Darb Finance a good place to buy cryptocurrencies?

Hopefully, our Darb Finance review has given you enough information to consider creating an account. This fully-fledged ecosystem is designed to make it easy for managing, trading and monitoring cryptocurrency investment portfolios. With direct access on desktop, smartphone and tablet devices, it’s a chance for budding investors to become a Darb Finance mobile trader, thanks to the Darb Finance app.

Darb Finance Ethereum enthusiasts will also be intrigued to know the platform recently operated a Christmas 2018 promotion to allow some of its lucky users to win free Ethereum for their holdings. It’s just another clever initiative to raise awareness of crypto investments and it’s very much a case of ‘watch this space’ as to how disruptive Darb can be to the crypto space, and whether it can dislodge the eToro platform from its position as our broker of 2018.

Featured image source: Flickr

close-link

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.