Digitex

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex Futures
• Digitex
March 29, 2021

If you’re already active on the Digitex exchange, you’ll understand the benefits of trading bitcoin (BTC) futures with zero fees using a rapid-fire trading ladder. When time is of the essence in volatile markets, being able to enter and exit a trade with a single click can mean the difference between winning and losing. And if you haven’t checked out our platform yet, here are six of the ways Digitex is bringing you an optimized trading experience.

1. Zero Fees

Digitex lets you trade bitcoin (BTC) and ether (ETH) futures with zero commissions on any trade. While an average taker fee of 0.075% may not sound like much, if you’re using 100 x leverage, that translates into a massive 7.5% of your margin–on every single trade! This is especially punishing to high-frequency traders looking to scalp single-tick profits on the smallest of price fluctuations. In fact, in most cases, it’s enough to render their strategies null and void.

At Digitex, we don’t believe in punishing our most active traders who lend the most liquidity to the exchange. Instead, we provide a zero-fee trading environment made possible by trading using our native exchange token DGTX. All account balances are denominated in DGTX and profits and losses are paid out in DGTX. This saves you from paying commissions and lets you keep 100% of your profits. Find out more about DGTX tokenomics and how we enable sustainable zero-fee trading here.

2. Highly Liquid

Focusing all the liquidity from our growing user base on our popular BTCUSD and ETHUSD markets, traders can enjoy tight bid/ask spreads and rapidly filled orders. This is further facilitated by Digitex’s Liquidity Mining program which pays out 6 million DGTX rewards monthly.

Every minute at a random time, our system takes a snapshot of the order book and pays out 140 DGTX rewards to traders based on how close their unmatched orders are to the spot price at the time. In other words, they get paid (generously!) to trade on the exchange simply by lending liquidity.

3. 24/7 Trading

Unlike trading traditional futures, the cryptocurrency markets never sleep. This means that you can trade whenever you have the time either as a hobby or as a full-time day trader. And when you need a break from the screen, Digitex has handy mechanisms in place like our improved stop-loss order that helps you automatically minimize your losses in the event of unexpected volatility.

4. P2P Trading

Trading on the Digitex Futures exchange is P2P. This creates a level playing field and a fairer marketplace as opposed to betting against the house because, unlike other exchanges, we don’t have a vested interest in you losing. 

5. API for Bot Trading

In order to maximize your gains from trading and accumulate more DGTX rewards through liquidity mining, we provide a simple API to set up bot trading. Designed to be intuitive for anyone to use (not just programmers or seasoned crypto traders), it couldn’t be easier to amplify the gains you make while trading on our platform.

6. Additional Ways to Earn Rewards

Digitex users can put their DGTX tokens to further uses apart from trading. Through our rewards program via Uniswap, they can pool their DGTX tokens and earn a high APY with 5 million DGTX paid out monthly. For our community members that are more risk-averse and prefer to HODL rather than trade, this is an excellent way to generate a sustainable passive income on their DGTX holdings.

More to Come in Quarter 2, 2021

These are just six of the ways in which Digitex differs from other exchanges in the crypto space to offer an optimized trading experience. But we’re constantly working to improve. Coming up in quarter 2, 2021, we’ll be adding commission-free spot markets to our exchange as well. 

This will make it a lot easier to buy and sell DGTX within the platform for trading and earning rewards and will help make the exchange even more liquid with a larger user base. We’ll also be kicking off our own DGTX staking program in Q2 which will give holders and traders alike an extra source of income with a highly attractive APY.

If you haven’t signed up to trade on the Digitex exchange, you can do so easily by clicking this link here. We’re sure that you’ll love crypto’s only trading ladder and zero fees, powered by our native DGTX token. And, if you have any questions at all, be sure to hit us up on any of our socials, take advantage of our Live Chat feature, or open a Support ticket today.

March 29, 2021
Digitex Futures

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex
Digitex

If you’re already active on the Digitex exchange, you’ll understand the benefits of trading bitcoin (BTC) futures with zero fees using a rapid-fire trading ladder. When time is of the essence in volatile markets, being able to enter and exit a trade with a single click can mean the difference between winning and losing. And if you haven’t checked out our platform yet, here are six of the ways Digitex is bringing you an optimized trading experience.

1. Zero Fees

Digitex lets you trade bitcoin (BTC) and ether (ETH) futures with zero commissions on any trade. While an average taker fee of 0.075% may not sound like much, if you’re using 100 x leverage, that translates into a massive 7.5% of your margin–on every single trade! This is especially punishing to high-frequency traders looking to scalp single-tick profits on the smallest of price fluctuations. In fact, in most cases, it’s enough to render their strategies null and void.

At Digitex, we don’t believe in punishing our most active traders who lend the most liquidity to the exchange. Instead, we provide a zero-fee trading environment made possible by trading using our native exchange token DGTX. All account balances are denominated in DGTX and profits and losses are paid out in DGTX. This saves you from paying commissions and lets you keep 100% of your profits. Find out more about DGTX tokenomics and how we enable sustainable zero-fee trading here.

2. Highly Liquid

Focusing all the liquidity from our growing user base on our popular BTCUSD and ETHUSD markets, traders can enjoy tight bid/ask spreads and rapidly filled orders. This is further facilitated by Digitex’s Liquidity Mining program which pays out 6 million DGTX rewards monthly.

Every minute at a random time, our system takes a snapshot of the order book and pays out 140 DGTX rewards to traders based on how close their unmatched orders are to the spot price at the time. In other words, they get paid (generously!) to trade on the exchange simply by lending liquidity.

3. 24/7 Trading

Unlike trading traditional futures, the cryptocurrency markets never sleep. This means that you can trade whenever you have the time either as a hobby or as a full-time day trader. And when you need a break from the screen, Digitex has handy mechanisms in place like our improved stop-loss order that helps you automatically minimize your losses in the event of unexpected volatility.

4. P2P Trading

Trading on the Digitex Futures exchange is P2P. This creates a level playing field and a fairer marketplace as opposed to betting against the house because, unlike other exchanges, we don’t have a vested interest in you losing. 

5. API for Bot Trading

In order to maximize your gains from trading and accumulate more DGTX rewards through liquidity mining, we provide a simple API to set up bot trading. Designed to be intuitive for anyone to use (not just programmers or seasoned crypto traders), it couldn’t be easier to amplify the gains you make while trading on our platform.

6. Additional Ways to Earn Rewards

Digitex users can put their DGTX tokens to further uses apart from trading. Through our rewards program via Uniswap, they can pool their DGTX tokens and earn a high APY with 5 million DGTX paid out monthly. For our community members that are more risk-averse and prefer to HODL rather than trade, this is an excellent way to generate a sustainable passive income on their DGTX holdings.

More to Come in Quarter 2, 2021

These are just six of the ways in which Digitex differs from other exchanges in the crypto space to offer an optimized trading experience. But we’re constantly working to improve. Coming up in quarter 2, 2021, we’ll be adding commission-free spot markets to our exchange as well. 

This will make it a lot easier to buy and sell DGTX within the platform for trading and earning rewards and will help make the exchange even more liquid with a larger user base. We’ll also be kicking off our own DGTX staking program in Q2 which will give holders and traders alike an extra source of income with a highly attractive APY.

If you haven’t signed up to trade on the Digitex exchange, you can do so easily by clicking this link here. We’re sure that you’ll love crypto’s only trading ladder and zero fees, powered by our native DGTX token. And, if you have any questions at all, be sure to hit us up on any of our socials, take advantage of our Live Chat feature, or open a Support ticket today.

Latest News

Friday Wrap Up - Your Questions Answered 1

Friday Wrap Up – Your Questions Answered

Digitex Futures
• Digitex
March 26, 2021

We’re approaching the end of another busy week for the crypto industry–and for Digitex in particular. On Monday, we dropped a host of upgrades on the exchange to improve the user experience and make it easier to onboard new traders. From more ways to buy DGTX to an improved user interface and awesome Liquidity Mining program that pays you to trade, we’ve tightened the spreads and doubled the number of users on the exchange. So, what’s next? 

We’ve collected your questions this week from our social channels and Support Center to find out what you think–and provide you with as many answers as possible as we move into the second quarter of 2021. Check them out.

When are bracket orders coming?

Our team is working on these and we will be incorporating bracket orders into the exchange once they’ve passed the final testing and are ready to ship.

Will there be a single click stop loss?

Yes. The team is working on it literally as we speak! We improved the current stop loss earlier this week and now the single click request has been passed on to the dev team. They really like the idea but it will require some time to design and build, so expect this to come in one of our future upgrades.

Will gold and silver return?

No, not for the time being. We want to focus all our efforts, market making, and liquidity on our flagship markets right now.

Will spot markets be next?

Yes, 100%. Launching the spot markets is our top priority.

Will there be burning at some point or more staking so selling pressure will go down?

At the current time and for the foreseeable future, we have decided that there will be no token burning. However, we do have a plan to take a significant amount of DGTX off the circulating market and we will share details with you in due course.

When will marketing start?

We have been working behind the scenes to put together an experienced marketing team that has been hashing out a killer strategy ready to execute as soon as the spot markets go live. Some of the projects they have been working on include a brand-new marketing website, retargeting ad campaigns, Telegram groups and influencer promos. Next month, after the spot markets are released, we’ll be making more noise in the press and seeking better-known influencer partnerships.

Will there be an AMA?

We can definitely host an AMA in the upcoming quarter. We’d like to focus our efforts on getting another couple of upgrades and releases out on the exchange first, and then Adam will be happy to catch up with the community personally.

Will there be a Digitex trading app?

Yes. The work has started on the Digitex trading app for both Android and iOS and we now have a small dedicated team here in the office. We will update you on the progress in due course.

Is the stablecoin still in the roadmap?

Not in the near future. We love the idea of the stablecoin, but in reality, it needs a lot more time for development and testing. 

What’s coming in the next update?

The spot market is our highest priority. That will be the next major upgrade on the exchange.

How often are the liquidity mining rewards paid out? Are they paid into the trading account or main account?

Liquidity mining rewards are paid out every minute into your trading account.

Why is the new version not mobile responsive?

We’re developing a mobile app currently. This is something that we’ve wanted to do for a long time and, as we mentioned, we now have a dedicated team working on it. In fact, if you try logging into the exchange on a mobile, you’ll find a lander that says “app coming soon.” We’ve decided that this is a more efficient use of resources than working on a mobile responsive version as it means we can get the app released sooner for trading on the go.

That’s all for now. We hope that you’re enjoying the improvements to the exchange. If you have more questions or feedback, as always, be sure to let us know. In the meantime, be sure to earn your liquidity mining rewards and get paid to trade on top of your profits.

March 26, 2021
Digitex Futures

Friday Wrap Up – Your Questions Answered

Digitex
Friday Wrap Up - Your Questions Answered 2

We’re approaching the end of another busy week for the crypto industry–and for Digitex in particular. On Monday, we dropped a host of upgrades on the exchange to improve the user experience and make it easier to onboard new traders. From more ways to buy DGTX to an improved user interface and awesome Liquidity Mining program that pays you to trade, we’ve tightened the spreads and doubled the number of users on the exchange. So, what’s next? 

We’ve collected your questions this week from our social channels and Support Center to find out what you think–and provide you with as many answers as possible as we move into the second quarter of 2021. Check them out.

When are bracket orders coming?

Our team is working on these and we will be incorporating bracket orders into the exchange once they’ve passed the final testing and are ready to ship.

Will there be a single click stop loss?

Yes. The team is working on it literally as we speak! We improved the current stop loss earlier this week and now the single click request has been passed on to the dev team. They really like the idea but it will require some time to design and build, so expect this to come in one of our future upgrades.

Will gold and silver return?

No, not for the time being. We want to focus all our efforts, market making, and liquidity on our flagship markets right now.

Will spot markets be next?

Yes, 100%. Launching the spot markets is our top priority.

Will there be burning at some point or more staking so selling pressure will go down?

At the current time and for the foreseeable future, we have decided that there will be no token burning. However, we do have a plan to take a significant amount of DGTX off the circulating market and we will share details with you in due course.

When will marketing start?

We have been working behind the scenes to put together an experienced marketing team that has been hashing out a killer strategy ready to execute as soon as the spot markets go live. Some of the projects they have been working on include a brand-new marketing website, retargeting ad campaigns, Telegram groups and influencer promos. Next month, after the spot markets are released, we’ll be making more noise in the press and seeking better-known influencer partnerships.

Will there be an AMA?

We can definitely host an AMA in the upcoming quarter. We’d like to focus our efforts on getting another couple of upgrades and releases out on the exchange first, and then Adam will be happy to catch up with the community personally.

Will there be a Digitex trading app?

Yes. The work has started on the Digitex trading app for both Android and iOS and we now have a small dedicated team here in the office. We will update you on the progress in due course.

Is the stablecoin still in the roadmap?

Not in the near future. We love the idea of the stablecoin, but in reality, it needs a lot more time for development and testing. 

What’s coming in the next update?

The spot market is our highest priority. That will be the next major upgrade on the exchange.

How often are the liquidity mining rewards paid out? Are they paid into the trading account or main account?

Liquidity mining rewards are paid out every minute into your trading account.

Why is the new version not mobile responsive?

We’re developing a mobile app currently. This is something that we’ve wanted to do for a long time and, as we mentioned, we now have a dedicated team working on it. In fact, if you try logging into the exchange on a mobile, you’ll find a lander that says “app coming soon.” We’ve decided that this is a more efficient use of resources than working on a mobile responsive version as it means we can get the app released sooner for trading on the go.

That’s all for now. We hope that you’re enjoying the improvements to the exchange. If you have more questions or feedback, as always, be sure to let us know. In the meantime, be sure to earn your liquidity mining rewards and get paid to trade on top of your profits.

Latest News

Liquidity Mining

Maximize Your Liquidity Mining Rewards with Bot Trading

Digitex Futures
• Digitex
March 24, 2021

Since launching our Liquidity Mining program on Digitex on Monday, we’ve been listening to your feedback and taking your comments on board. We’re really pleased with the initial response so far! One overriding point that many of you made, however, is that it is difficult to profit from the program when trading manually. We, therefore, wanted to remind you that our API is available to set up bot trading to maximize your Liquidity Mining rewards–here’s how.

How To Get Started

To get started with bot trading (which will not only maximize your Liquidity Mining rewards but also take your trading game up a gear), you’ll need to first download Python and then Protobuf. You can find more details on how to do this for Mac OS, Ubuntu, or Windows here. Once you’re good to go, you’ll need to download Digitex engine client, a library that implements a client interface to the Digitex Futures trading engine, before connecting the main API.

We have laid out the instructions step by step in an informative article on our Support Center. This helpful guide should make it easy for you to download the necessary software, troubleshoot any issues, and get started with your bot on Digitex. However, if you have any questions at all or require any assistance to install your trading bot, don’t hesitate to reach out, our support team will be happy to help. Simply hit us up on any of our socials, use the Live Chat feature, or open a support ticket.

Another Upgrade Coming Soon

Finally, we understand from your feedback, that you’re hotly anticipating the release of our zero-fee spot exchange. Please be aware that this major upgrade is coming soon. As we stated in our article at the start of the year, the Digitex roadmap still stands intact. We’ve just learned from our past mistakes that it’s better to drop the upgrades and improvements when they’re ready to ship rather than force ourselves to commit to dates that we may not be able to reach. We appreciate all your understanding, support, and patience. 

And, in the meantime, be sure to get trading on the BTC futures market now ahead of Friday’s massive $6.1 billion BTC options expiry date… the volatility surrounding the king of all cryptos looks set to be epic! 

 

March 24, 2021
Digitex Futures

Maximize Your Liquidity Mining Rewards with Bot Trading

Digitex
Liquidity Mining

Since launching our Liquidity Mining program on Digitex on Monday, we’ve been listening to your feedback and taking your comments on board. We’re really pleased with the initial response so far! One overriding point that many of you made, however, is that it is difficult to profit from the program when trading manually. We, therefore, wanted to remind you that our API is available to set up bot trading to maximize your Liquidity Mining rewards–here’s how.

How To Get Started

To get started with bot trading (which will not only maximize your Liquidity Mining rewards but also take your trading game up a gear), you’ll need to first download Python and then Protobuf. You can find more details on how to do this for Mac OS, Ubuntu, or Windows here. Once you’re good to go, you’ll need to download Digitex engine client, a library that implements a client interface to the Digitex Futures trading engine, before connecting the main API.

We have laid out the instructions step by step in an informative article on our Support Center. This helpful guide should make it easy for you to download the necessary software, troubleshoot any issues, and get started with your bot on Digitex. However, if you have any questions at all or require any assistance to install your trading bot, don’t hesitate to reach out, our support team will be happy to help. Simply hit us up on any of our socials, use the Live Chat feature, or open a support ticket.

Another Upgrade Coming Soon

Finally, we understand from your feedback, that you’re hotly anticipating the release of our zero-fee spot exchange. Please be aware that this major upgrade is coming soon. As we stated in our article at the start of the year, the Digitex roadmap still stands intact. We’ve just learned from our past mistakes that it’s better to drop the upgrades and improvements when they’re ready to ship rather than force ourselves to commit to dates that we may not be able to reach. We appreciate all your understanding, support, and patience. 

And, in the meantime, be sure to get trading on the BTC futures market now ahead of Friday’s massive $6.1 billion BTC options expiry date… the volatility surrounding the king of all cryptos looks set to be epic! 

 

Latest News

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 3

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program

Digitex Futures
• Digitex
March 23, 2021

In our blog post from yesterday, we revealed some of the latest upgrades we’ve made to the Digitex exchange. We also promised you a more in-depth look at how our new liquidity mining program works. So, in today’s post, we provide you further details on the mechanics of the program, show you why it’s a game-changer, and how you can literally get paid to trade on our platform–in addition to your own gains, of course.

Liquidity Mining on Digitex

Liquidity Mining on the exchange allows traders to accumulate rewards constantly for lending liquidity to the markets on Digitex. In other words, you get paid to trade. All traders will be included in the program simply by virtue of trading on the exchange. Every minute, at a random time, our system takes a snapshot of the order book and pays out proportional rewards depending on how close your unmatched orders are to the spot price at the time. 

Rewards are credited in DGTX tokens every minute to your DGTX trading wallet on your DFE account. Everything is easily trackable (and transparent) in your Liquidity Mining dashboard, which shows the total rewards paid out, your individual rewards, and a leaderboard of the traders who have earned the most (shown below). 

For more in-depth details on how LM works on Digitex, please click here to see the formulae we use to calculate the rewards. Click here to learn how to program your bot and connect to our API.

The Digitex Liquidity Mining Leaderboard

This leaderboard displays our top 10 liquidity providers. As you can see from the screenshot, our top traders already made $1,900 worth of DGTX tokens in less then 24 hours–on top of the commission-free gains you’re already making trading on the platform.

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 4

This means that 70 DGTX is paid out every minute to each futures market—a total of 140 DGTX per minute for both futures markets (BTCUSD and ETHUSD). If every price level were filled, then the entire 140 DGTX per minute will be paid out. 

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 5

At the time of writing this article, the 24-hour trading volume on the exchange is $88 million on the BTCUSD market and $28 million on the ETHUSD market. And we’re confident that both these numbers will go up as more traders take advantage of the generous rewards they can make through this program. 

In fact, Digitex’s CEO, Adam Todd, commented, “The Liquidity Mining program on Digitex effectively acts as negative commission rates. In less than 24 hours after launching it, you can see the bid-ask spread tighten and the traded volumes have increased.” He added that we will continue to work on the program to ensure that we increase awareness for it. 

Wrapping It Up

We designed the Liquidity Mining program to be easy to use and understand. But, if you’re one of the traders who’s started to use this, please be sure to let us know if you have any suggestions or if we can improve the overall UX.

We’re always willing to listen to your feedback to help us improve. We hope you like our latest initiative and, if you haven’t checked it out yet, what are you waiting for? Start trading now on the only exchange that rewards you while you trade.

March 23, 2021
Digitex Futures

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program

Digitex
Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 6

In our blog post from yesterday, we revealed some of the latest upgrades we’ve made to the Digitex exchange. We also promised you a more in-depth look at how our new liquidity mining program works. So, in today’s post, we provide you further details on the mechanics of the program, show you why it’s a game-changer, and how you can literally get paid to trade on our platform–in addition to your own gains, of course.

Liquidity Mining on Digitex

Liquidity Mining on the exchange allows traders to accumulate rewards constantly for lending liquidity to the markets on Digitex. In other words, you get paid to trade. All traders will be included in the program simply by virtue of trading on the exchange. Every minute, at a random time, our system takes a snapshot of the order book and pays out proportional rewards depending on how close your unmatched orders are to the spot price at the time. 

Rewards are credited in DGTX tokens every minute to your DGTX trading wallet on your DFE account. Everything is easily trackable (and transparent) in your Liquidity Mining dashboard, which shows the total rewards paid out, your individual rewards, and a leaderboard of the traders who have earned the most (shown below). 

For more in-depth details on how LM works on Digitex, please click here to see the formulae we use to calculate the rewards. Click here to learn how to program your bot and connect to our API.

The Digitex Liquidity Mining Leaderboard

This leaderboard displays our top 10 liquidity providers. As you can see from the screenshot, our top traders already made $1,900 worth of DGTX tokens in less then 24 hours–on top of the commission-free gains you’re already making trading on the platform.

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 7

This means that 70 DGTX is paid out every minute to each futures market—a total of 140 DGTX per minute for both futures markets (BTCUSD and ETHUSD). If every price level were filled, then the entire 140 DGTX per minute will be paid out. 

Get Paid to Trade — Earn DGTX Tokens with Our New Liquidity Mining Program 8

At the time of writing this article, the 24-hour trading volume on the exchange is $88 million on the BTCUSD market and $28 million on the ETHUSD market. And we’re confident that both these numbers will go up as more traders take advantage of the generous rewards they can make through this program. 

In fact, Digitex’s CEO, Adam Todd, commented, “The Liquidity Mining program on Digitex effectively acts as negative commission rates. In less than 24 hours after launching it, you can see the bid-ask spread tighten and the traded volumes have increased.” He added that we will continue to work on the program to ensure that we increase awareness for it. 

Wrapping It Up

We designed the Liquidity Mining program to be easy to use and understand. But, if you’re one of the traders who’s started to use this, please be sure to let us know if you have any suggestions or if we can improve the overall UX.

We’re always willing to listen to your feedback to help us improve. We hope you like our latest initiative and, if you haven’t checked it out yet, what are you waiting for? Start trading now on the only exchange that rewards you while you trade.

Latest News

Improvements to the Digitex Exchange Are Now Live 9

Improvements to the Digitex Exchange Are Now Live

Digitex Futures
• Digitex
March 22, 2021

We’re pleased to announce that we’ve just implemented an update which brings in several important upgrades to the exchange. Next time you log in, you’ll see improvements to the UX and UI, and find more ways to buy DGTX. What’s more, you can start earning near-instant rewards for market-making with our Liquidity Mining program.

Please note, our deployment is still in progress. You may experience a few minor bugs during this period, but this will be temporary.

Let’s dive into the upgrades in more detail.

Improvements to UX and UI

We’ve implemented a number of upgrades to the UX and UI that you’ll notice when you log in. Firstly, markets are now tabbed at the top of each page, making it easy to switch between BTCUSD and ETHUSD. There’s also a left-side menu for easier navigation in your dashboard page, and we’ve added the traditional red-green market colors into the user interface, as well.

Improvements to the Digitex Exchange Are Now Live 10

The new user registration process is now optimized for easy sign-up, and the “Get More DGTX” button is helpfully located in the top navigation. 

More Ways to Buy DGTX 

Next up, there are now plenty more ways to get your hands on the DGTX you need for trading. Most excitingly, you can now buy DGTX with a credit card thanks to our brand-new fiat onboarding feature! Anyone who wants to onboard to DGTX from fiat needs to undergo a standard KYC check. However, if you want to use your existing crypto holdings to buy DGTX, there’s no KYC and now more ways to pay.

You can convert BTC, ETH, or USDC into DGTX using the DGTX Converter. You can also deposit any of these three currencies into the exchange, which you can then convert to DGTX either fully or partially. Please kindly note that withdrawals on these cryptos are restricted for now, you can withdraw only DGTX.

These upgrades remove several critical barriers for users by making it easy to onboard to Digitex Exchange and start trading. And the ability to deposit BTC, ETH and USDC is the first stage of introducing cryptocurrency spot markets in our next planned upgrade.

Liquidity Mining Rewards

Perhaps the biggest update to be released today is the ability for anyone to earn rewards for providing liquidity to the markets on Digitex. We’ll be sharing more details with you about this awesome initiative tomorrow, but essentially, under our new Liquidity Mining program, all traders are automatically included simply by trading on the exchange. 

Improvements to the Digitex Exchange Are Now Live 11

Each minute, the system takes a snapshot of the order book and pays out rewards depending on how close your unmatched orders are to the spot price. Rewards are credited minute-by-minute to your main Digitex wallet in DGTX tokens.

Everything is tracked in the Liquidity Mining dashboard so the system is completely transparent. The dashboard shows the total rewards paid out each day, and your individual earnings by selected custom date. There’s also a leaderboard showing which traders are the most active market makers earning the most rewards.

How are they calculated? Well, each market – BTCUSD and ETHUSD – receives a daily allocation of 100,000 DGTX tokens, which works out to 70 DGTX per minute (100,000 tokens divided by 1440 minutes in a day.)

Each minute, the system automatically allocates those tokens to the traders with unmatched bids and asks, on a weighted basis depending on the proximity of their order to the spot price.

Effectively, this means that you can now turn a small profit even when you don’t get matched, as all traders are included automatically. For more information about the Digitex Liquidity Mining program, visit our Knowledge Base.

Practice Trading on the Testnet

Finally, new users, or those who want to test a new trading strategy can now practice on the Digitex testnet, which is an exact replica of the mainnet only without real DGTX tokens. So, feel free to get as creative as you like with your trading strategy as you won’t be losing real funds.

There will also be a brand-new website and branding launching later this week, so make sure you have an eye out for some changes to our logo, and the look and feel of the Digitex brand.

This upgrade is just the first in a planned series, as we have more improvements coming in due course. However, we’ve given you plenty to get your teeth into here, so happy trading!

March 22, 2021
Digitex Futures

Improvements to the Digitex Exchange Are Now Live

Digitex
Improvements to the Digitex Exchange Are Now Live 12

We’re pleased to announce that we’ve just implemented an update which brings in several important upgrades to the exchange. Next time you log in, you’ll see improvements to the UX and UI, and find more ways to buy DGTX. What’s more, you can start earning near-instant rewards for market-making with our Liquidity Mining program.

Please note, our deployment is still in progress. You may experience a few minor bugs during this period, but this will be temporary.

Let’s dive into the upgrades in more detail.

Improvements to UX and UI

We’ve implemented a number of upgrades to the UX and UI that you’ll notice when you log in. Firstly, markets are now tabbed at the top of each page, making it easy to switch between BTCUSD and ETHUSD. There’s also a left-side menu for easier navigation in your dashboard page, and we’ve added the traditional red-green market colors into the user interface, as well.

Improvements to the Digitex Exchange Are Now Live 13

The new user registration process is now optimized for easy sign-up, and the “Get More DGTX” button is helpfully located in the top navigation. 

More Ways to Buy DGTX 

Next up, there are now plenty more ways to get your hands on the DGTX you need for trading. Most excitingly, you can now buy DGTX with a credit card thanks to our brand-new fiat onboarding feature! Anyone who wants to onboard to DGTX from fiat needs to undergo a standard KYC check. However, if you want to use your existing crypto holdings to buy DGTX, there’s no KYC and now more ways to pay.

You can convert BTC, ETH, or USDC into DGTX using the DGTX Converter. You can also deposit any of these three currencies into the exchange, which you can then convert to DGTX either fully or partially. Please kindly note that withdrawals on these cryptos are restricted for now, you can withdraw only DGTX.

These upgrades remove several critical barriers for users by making it easy to onboard to Digitex Exchange and start trading. And the ability to deposit BTC, ETH and USDC is the first stage of introducing cryptocurrency spot markets in our next planned upgrade.

Liquidity Mining Rewards

Perhaps the biggest update to be released today is the ability for anyone to earn rewards for providing liquidity to the markets on Digitex. We’ll be sharing more details with you about this awesome initiative tomorrow, but essentially, under our new Liquidity Mining program, all traders are automatically included simply by trading on the exchange. 

Improvements to the Digitex Exchange Are Now Live 14

Each minute, the system takes a snapshot of the order book and pays out rewards depending on how close your unmatched orders are to the spot price. Rewards are credited minute-by-minute to your main Digitex wallet in DGTX tokens.

Everything is tracked in the Liquidity Mining dashboard so the system is completely transparent. The dashboard shows the total rewards paid out each day, and your individual earnings by selected custom date. There’s also a leaderboard showing which traders are the most active market makers earning the most rewards.

How are they calculated? Well, each market – BTCUSD and ETHUSD – receives a daily allocation of 100,000 DGTX tokens, which works out to 70 DGTX per minute (100,000 tokens divided by 1440 minutes in a day.)

Each minute, the system automatically allocates those tokens to the traders with unmatched bids and asks, on a weighted basis depending on the proximity of their order to the spot price.

Effectively, this means that you can now turn a small profit even when you don’t get matched, as all traders are included automatically. For more information about the Digitex Liquidity Mining program, visit our Knowledge Base.

Practice Trading on the Testnet

Finally, new users, or those who want to test a new trading strategy can now practice on the Digitex testnet, which is an exact replica of the mainnet only without real DGTX tokens. So, feel free to get as creative as you like with your trading strategy as you won’t be losing real funds.

There will also be a brand-new website and branding launching later this week, so make sure you have an eye out for some changes to our logo, and the look and feel of the Digitex brand.

This upgrade is just the first in a planned series, as we have more improvements coming in due course. However, we’ve given you plenty to get your teeth into here, so happy trading!

Latest News

Bitcoin’s Market Cap Is Back Over $1Tn - What’s Next? 15

Bitcoin’s Market Cap Is Back Over $1Tn – What’s Next?

Digitex Futures
• Digitex
March 10, 2021

Bitcoin’s market cap surpassed the $1 trillion value for the second time in history this week. As more institutional players enter the space, from MicroStrategy and Tesla to PayPal, Mastercard, and BNY Mellon, and global macro factors set the stage for a hard asset like BTC, what’s going to happen next? Digitex takes a look at how high BTC might go and what that means for the cryptocurrency markets in general. Check it out.

Increasing Institutional Adoption

At the time of writing, BTC was still some way off its all-time-high hovering around $55K. Yet, the number-one cryptocurrency is still up more than 90% YTD – and over 600% in the last 12 months. This latest rally has been attributed to the rising participation of institutional investors who have increasingly been accumulating BTC for their corporate treasures as a balance sheet asset. 

At a time when traditional “low-risk” assets like bonds and treasuries were returning negative yield, publicly listed companies had a duty to their investors to adjust their portfolios to achieve a better risk/ratio reward – opening the door for BTC with its undeniable ability for capital appreciation. 

MicroStrategy really kicked off this trend in earnest last year, followed by Square, Tesla in February 2021, and many others. Most recently, Chinese app maker Meitu announced the purchase this week of not only BTC but ETH, leading to the question of whether more companies will turn to ether as a balance sheet asset as well. This would have been completely unthinkable during the last bull cycle.

When you look back just a few short years ago to the last BTC bull run, the difference is night and day. The largest financial institutions in the world led by the likes of JPMorgan were busy calling BTC a fraud and a scam. The regulatory framework was unclear, there was uncertainty surrounding the hard fork that split the Bitcoin blockchain in two to create Bitcoin Cash (BCH), and institutional investors (for as much as they may have wanted to participate) were unable to make such an “irresponsible” purchase on behalf of their investors. There was also no COVID.

Fast-forward to today and the institutions are FOMOing in. JPMorgan CEO Jamie Dimon may still admit that BTC is not his “cup of tea,” but the leading investment bank now believes that $146K BTC is not an unrealistic target. CitiGroup analysts believe that BTC could pass $300K by the end of this year, and many Bitcoin evangelists, core developers, and traders place that target at as much as $1 million. The truth is, as adoption increases and larger investors enter the space clamoring to buy their share of a hard-capped asset, how high BTC could go is really limited by one’s own imagination.

If you want to maximize your gains trading BTC futures rather than simply HODLing, be sure to take advantage of zero fees and high liquidity on the Digitex exchange. Taking advantage of high leverage can see your profits mount up quickly – especially with the record volatility right now.

The Wider Global Economy

The cryptocurrency markets have been on a tear since their lowest point last year on that dreaded March 12 selloff. Global governments began to print money unchecked in response to the economic fallout from COVID-19, with the U.S. Federal Reserve expanding the money supply by as much as 20% in 2020 alone. 

This has since sparked fears of incoming inflation as the US dollar devalues and investors seek alternative assets as a hedge against inflation – rather than hold onto what MicroStrategy’s Michael Saylor called a “melting ice cube,” (cash). 

Combined with negative yields on U.S. Treasuries, low-interest rates, and another eyewatering stimulus bill worth almost double the market cap of BTC at $1.9 trillion, and alternative assets like BTC become more attractive.

Of course, with large institutions and household names entering the space, along with endorsements from some of the world’s most influential people like Elon Musk, BTC is increasingly legitimized as an asset class, and more and more retail traders begin to follow the money. 

They aren’t stopping at BTC either. BTC may command the highest demand from institutions for its proven thesis, time in the market, hard cap, and acceptable regulatory framework, but, as we’re seeing from the massive growth in popularity of DeFi and the rising interest in Ethereum, ether also marked a new all-time high this year above $2K.  

Ether futures, which also offer traders high liquidity on the Digitex exchange, have been launched on the regulated CME giving institutional investors more exposure to Ethereum, and solutions for its scaling look imminent. Public companies are beginning to accumulate ether as well as bitcoin for their balance sheets, and, as the economy struggles and cryptocurrencies shine, ETH and other cryptocurrencies look set to blast through their new all-time highs soon as well. 

Potential Headwinds on the Way

Of course, this is crypto and nothing is certain. We already witnessed how a spike in U.S. Treasuries spurred a selloff in the stock markets, (particularly the tech-heavy Nasdaq) that spilled over to all risk assets last week. Let’s also remember that, while retail may now be handing the baton over to institutions, these markets have been driven by small investors. Once BTC starts marking new all-time highs, particularly around $100K, we’ll likely see some price pullbacks as people cash in some of the holdings to enhance their lifestyles.

We may also start to see a deceleration of BTC accumulation if investors chose to gain exposure to BTC indirectly through buying shares in newly-listed cryptocurrency companies or in companies like Tesla, MicroStrategy, and others who begin to accumulate more BTC. There is also always the real threat of regulation, particularly influencing ETH price. If regulators come down hard on the growing DeFi sector, that could have a major impact.

Whatever happens in the coming months, the long-term trajectory of cryptocurrencies has never looked more bullish. And for traders, there has never been a better time to capitalize on the volatility as the prices of BTC and ETH accelerate and correct on their ways to new all-time highs. 

Trading BTC and ETH futures is your fastest way to making gains, using leverage to amplify your position without having to purchase the underlying asset. So, whether you are long or short BTC or ETH, trade futures on the Digitex exchange. We’re still the only exchange in the industry to offer zero commissions on all trades and a one-click trading ladder that lets you take advantage of even the smallest fluctuations when time – and speed – are of the essence.

We’re also offering traders ultra-high liquidity on both our BTCUSD and ETHUSD markets right now with 1.1 million contracts on the bid / and 600k offered, and a 24-hour volume of $35 million on BTCUSD; and 670k contracts on the bid / 345k offered, and a 24-hour volume of $6.7 million on our ETHUSD futures. 

Simply purchase DGTX now and get started trading on highly liquid zero-fee markets as the two largest cryptos zig-zag their ways to higher heights.

March 10, 2021
Digitex Futures

Bitcoin’s Market Cap Is Back Over $1Tn – What’s Next?

Digitex
Bitcoin’s Market Cap Is Back Over $1Tn - What’s Next? 16

Bitcoin’s market cap surpassed the $1 trillion value for the second time in history this week. As more institutional players enter the space, from MicroStrategy and Tesla to PayPal, Mastercard, and BNY Mellon, and global macro factors set the stage for a hard asset like BTC, what’s going to happen next? Digitex takes a look at how high BTC might go and what that means for the cryptocurrency markets in general. Check it out.

Increasing Institutional Adoption

At the time of writing, BTC was still some way off its all-time-high hovering around $55K. Yet, the number-one cryptocurrency is still up more than 90% YTD – and over 600% in the last 12 months. This latest rally has been attributed to the rising participation of institutional investors who have increasingly been accumulating BTC for their corporate treasures as a balance sheet asset. 

At a time when traditional “low-risk” assets like bonds and treasuries were returning negative yield, publicly listed companies had a duty to their investors to adjust their portfolios to achieve a better risk/ratio reward – opening the door for BTC with its undeniable ability for capital appreciation. 

MicroStrategy really kicked off this trend in earnest last year, followed by Square, Tesla in February 2021, and many others. Most recently, Chinese app maker Meitu announced the purchase this week of not only BTC but ETH, leading to the question of whether more companies will turn to ether as a balance sheet asset as well. This would have been completely unthinkable during the last bull cycle.

When you look back just a few short years ago to the last BTC bull run, the difference is night and day. The largest financial institutions in the world led by the likes of JPMorgan were busy calling BTC a fraud and a scam. The regulatory framework was unclear, there was uncertainty surrounding the hard fork that split the Bitcoin blockchain in two to create Bitcoin Cash (BCH), and institutional investors (for as much as they may have wanted to participate) were unable to make such an “irresponsible” purchase on behalf of their investors. There was also no COVID.

Fast-forward to today and the institutions are FOMOing in. JPMorgan CEO Jamie Dimon may still admit that BTC is not his “cup of tea,” but the leading investment bank now believes that $146K BTC is not an unrealistic target. CitiGroup analysts believe that BTC could pass $300K by the end of this year, and many Bitcoin evangelists, core developers, and traders place that target at as much as $1 million. The truth is, as adoption increases and larger investors enter the space clamoring to buy their share of a hard-capped asset, how high BTC could go is really limited by one’s own imagination.

If you want to maximize your gains trading BTC futures rather than simply HODLing, be sure to take advantage of zero fees and high liquidity on the Digitex exchange. Taking advantage of high leverage can see your profits mount up quickly – especially with the record volatility right now.

The Wider Global Economy

The cryptocurrency markets have been on a tear since their lowest point last year on that dreaded March 12 selloff. Global governments began to print money unchecked in response to the economic fallout from COVID-19, with the U.S. Federal Reserve expanding the money supply by as much as 20% in 2020 alone. 

This has since sparked fears of incoming inflation as the US dollar devalues and investors seek alternative assets as a hedge against inflation – rather than hold onto what MicroStrategy’s Michael Saylor called a “melting ice cube,” (cash). 

Combined with negative yields on U.S. Treasuries, low-interest rates, and another eyewatering stimulus bill worth almost double the market cap of BTC at $1.9 trillion, and alternative assets like BTC become more attractive.

Of course, with large institutions and household names entering the space, along with endorsements from some of the world’s most influential people like Elon Musk, BTC is increasingly legitimized as an asset class, and more and more retail traders begin to follow the money. 

They aren’t stopping at BTC either. BTC may command the highest demand from institutions for its proven thesis, time in the market, hard cap, and acceptable regulatory framework, but, as we’re seeing from the massive growth in popularity of DeFi and the rising interest in Ethereum, ether also marked a new all-time high this year above $2K.  

Ether futures, which also offer traders high liquidity on the Digitex exchange, have been launched on the regulated CME giving institutional investors more exposure to Ethereum, and solutions for its scaling look imminent. Public companies are beginning to accumulate ether as well as bitcoin for their balance sheets, and, as the economy struggles and cryptocurrencies shine, ETH and other cryptocurrencies look set to blast through their new all-time highs soon as well. 

Potential Headwinds on the Way

Of course, this is crypto and nothing is certain. We already witnessed how a spike in U.S. Treasuries spurred a selloff in the stock markets, (particularly the tech-heavy Nasdaq) that spilled over to all risk assets last week. Let’s also remember that, while retail may now be handing the baton over to institutions, these markets have been driven by small investors. Once BTC starts marking new all-time highs, particularly around $100K, we’ll likely see some price pullbacks as people cash in some of the holdings to enhance their lifestyles.

We may also start to see a deceleration of BTC accumulation if investors chose to gain exposure to BTC indirectly through buying shares in newly-listed cryptocurrency companies or in companies like Tesla, MicroStrategy, and others who begin to accumulate more BTC. There is also always the real threat of regulation, particularly influencing ETH price. If regulators come down hard on the growing DeFi sector, that could have a major impact.

Whatever happens in the coming months, the long-term trajectory of cryptocurrencies has never looked more bullish. And for traders, there has never been a better time to capitalize on the volatility as the prices of BTC and ETH accelerate and correct on their ways to new all-time highs. 

Trading BTC and ETH futures is your fastest way to making gains, using leverage to amplify your position without having to purchase the underlying asset. So, whether you are long or short BTC or ETH, trade futures on the Digitex exchange. We’re still the only exchange in the industry to offer zero commissions on all trades and a one-click trading ladder that lets you take advantage of even the smallest fluctuations when time – and speed – are of the essence.

We’re also offering traders ultra-high liquidity on both our BTCUSD and ETHUSD markets right now with 1.1 million contracts on the bid / and 600k offered, and a 24-hour volume of $35 million on BTCUSD; and 670k contracts on the bid / 345k offered, and a 24-hour volume of $6.7 million on our ETHUSD futures. 

Simply purchase DGTX now and get started trading on highly liquid zero-fee markets as the two largest cryptos zig-zag their ways to higher heights.

Latest News

DGTX Minting Will 5x Liquidity on the DFE This Month 17

DGTX Minting Will 5x Liquidity on the DFE This Month

Digitex Futures
• Digitex
March 1, 2021

Unlike other cryptocurrency exchanges, Digitex Futures is unique in that all trading activity takes place in our native DGTX token. Our utility token actually has real use and isn’t just a hook for discounted trading fees or early investment opportunities. 

Digitex Futures provides traders with the only zero-fee Bitcoin and Ether futures platform in the space and, because we have our own native currency, we can mint new tokens to cover operational costs and increase liquidity on the exchange. 

This quarter’s mint will do exactly that – attracting more traders (and bigger size traders) who can take advantage of trading on highly liquid markets without paying a single fee. 

This Quarter’s DGTX Mint

We will be using the DGTX tokens from this quarter’s mint (March 1, 2021) predominantly for the purpose of market making and thus increasing liquidity on our two futures markets, BTCUSD and ETHUSD

Up until now, the average total of bids and offers on our BTC market is about 30,000 contracts. Following today’s mint, this will increase by at least 5x, meaning that the number of contracts of bids and asks will multiply by at least five times the current volume. 

It’s this ability to carry out market making on this scale, without having to charge our users commissions to pay professional market makers, that sets us apart from other exchanges. 

For those investors concerned that minting more tokens increases the supply and therefore dilutes the value of their existing tokens, we’d like to address your concerns. 

Just like Bitcoin, the DGTX supply is finite. We won’t carry on minting tokens forever. In fact, each quarter, fewer DGTX tokens are minted than the previous quarter, until finally, in 2028, the finite maximum cap of DGTX is reached. At this point, no more DGTX can ever be minted again for any reason. 

As we’ve seen from the biggest cryptocurrencies in the space, there is nothing intrinsically wrong with minting new coins or tokens (Bitcoin mines new coins every ten minutes and Ethereum every few seconds), as long as the tokens are used to benefit the entire ecosystem and there is a finite cap on the number that can be minted. 

DGTX Mint Schedule Is Public and Transparent

DGTX minting has always been at the core of our revenue model as stated in the initial whitepaper, and the DGTX minting schedule has now been posted on our CoinMarketCap page for a few months. This means that the market is fully aware of this schedule, and it is fully factored into the DGTX price.

We will use these minted tokens responsibility in order to increase liquidity and make our markets more attractive to more and bigger size traders. We firmly believe that by using these minted tokens in this manner, we can increase the demand for DGTX and make the token more attractive to HODLers, speculatores, and traders alike.

As a utility token that facilitates commission-free high-frequency trading strategies that aren’t possible on other fee-charging exchanges, the DGTX token will always have an intrinsic value for our users. Regardless of the current price, ever-increasing liquidity made possible by our minting schedule will attract more traders – as Adam has always said, liquidity begets liquidity.

And, minting tokens for the purpose of increasing liquidity will increase the intrinsic value of the DGTX token as a vehicle for high-frequency trading with zero fees. So, be sure to capitalize on the volatility surrounding BTC and ETH right now using our commission-free exchange that’s going to see liquidity 5x this month.

March 1, 2021
Digitex Futures

DGTX Minting Will 5x Liquidity on the DFE This Month

Digitex
DGTX Minting Will 5x Liquidity on the DFE This Month 18

Unlike other cryptocurrency exchanges, Digitex Futures is unique in that all trading activity takes place in our native DGTX token. Our utility token actually has real use and isn’t just a hook for discounted trading fees or early investment opportunities. 

Digitex Futures provides traders with the only zero-fee Bitcoin and Ether futures platform in the space and, because we have our own native currency, we can mint new tokens to cover operational costs and increase liquidity on the exchange. 

This quarter’s mint will do exactly that – attracting more traders (and bigger size traders) who can take advantage of trading on highly liquid markets without paying a single fee. 

This Quarter’s DGTX Mint

We will be using the DGTX tokens from this quarter’s mint (March 1, 2021) predominantly for the purpose of market making and thus increasing liquidity on our two futures markets, BTCUSD and ETHUSD

Up until now, the average total of bids and offers on our BTC market is about 30,000 contracts. Following today’s mint, this will increase by at least 5x, meaning that the number of contracts of bids and asks will multiply by at least five times the current volume. 

It’s this ability to carry out market making on this scale, without having to charge our users commissions to pay professional market makers, that sets us apart from other exchanges. 

For those investors concerned that minting more tokens increases the supply and therefore dilutes the value of their existing tokens, we’d like to address your concerns. 

Just like Bitcoin, the DGTX supply is finite. We won’t carry on minting tokens forever. In fact, each quarter, fewer DGTX tokens are minted than the previous quarter, until finally, in 2028, the finite maximum cap of DGTX is reached. At this point, no more DGTX can ever be minted again for any reason. 

As we’ve seen from the biggest cryptocurrencies in the space, there is nothing intrinsically wrong with minting new coins or tokens (Bitcoin mines new coins every ten minutes and Ethereum every few seconds), as long as the tokens are used to benefit the entire ecosystem and there is a finite cap on the number that can be minted. 

DGTX Mint Schedule Is Public and Transparent

DGTX minting has always been at the core of our revenue model as stated in the initial whitepaper, and the DGTX minting schedule has now been posted on our CoinMarketCap page for a few months. This means that the market is fully aware of this schedule, and it is fully factored into the DGTX price.

We will use these minted tokens responsibility in order to increase liquidity and make our markets more attractive to more and bigger size traders. We firmly believe that by using these minted tokens in this manner, we can increase the demand for DGTX and make the token more attractive to HODLers, speculatores, and traders alike.

As a utility token that facilitates commission-free high-frequency trading strategies that aren’t possible on other fee-charging exchanges, the DGTX token will always have an intrinsic value for our users. Regardless of the current price, ever-increasing liquidity made possible by our minting schedule will attract more traders – as Adam has always said, liquidity begets liquidity.

And, minting tokens for the purpose of increasing liquidity will increase the intrinsic value of the DGTX token as a vehicle for high-frequency trading with zero fees. So, be sure to capitalize on the volatility surrounding BTC and ETH right now using our commission-free exchange that’s going to see liquidity 5x this month.

Latest News

The DGTX Mint Schedule 19

The DGTX Mint Schedule

Digitex Futures
• Digitex
February 25, 2021

In December 2020, we revealed the DGTX mint schedule, which provides exact details of the timeline and amount of DGTX tokens that will be minted. Today, we wanted to provide you with a quick update, reminding you that the next minting period is coming up on March 1, 2021. We will be sticking to the schedule as stated, and on March 1, 290,000,000 million DGTX will be minted taking the total supply to 1,590,000,000 DGTX.

The DGTX Mint Schedule 20

Minting new DGTX tokens has always been our revenue model at Digitex Futures and these new tokens will be used to cover the costs of running our commission-free futures exchange. Aside from development, marketing and support, these costs will also include market making, building up the insurance fund and rewarding traders on our own exchange and on Uniswap for providing liquidity, all of which directly benefits DGTX holders by stimulating demand for the token.

We are not allocating a set amount of tokens to any specific program ahead of time. Instead, we will have a quarterly budget of tokens and we will decide how best to utilize those funds according to the needs of the exchange at the time.

If you have any questions about the DGTX Mint Schedule or anything else, please contact us via our 24/7 Live Chat function or by creating a support ticket. You can also follow our company socials for project updates and developments.

 

February 25, 2021
Digitex Futures

The DGTX Mint Schedule

Digitex
The DGTX Mint Schedule 21

In December 2020, we revealed the DGTX mint schedule, which provides exact details of the timeline and amount of DGTX tokens that will be minted. Today, we wanted to provide you with a quick update, reminding you that the next minting period is coming up on March 1, 2021. We will be sticking to the schedule as stated, and on March 1, 290,000,000 million DGTX will be minted taking the total supply to 1,590,000,000 DGTX.

The DGTX Mint Schedule 22

Minting new DGTX tokens has always been our revenue model at Digitex Futures and these new tokens will be used to cover the costs of running our commission-free futures exchange. Aside from development, marketing and support, these costs will also include market making, building up the insurance fund and rewarding traders on our own exchange and on Uniswap for providing liquidity, all of which directly benefits DGTX holders by stimulating demand for the token.

We are not allocating a set amount of tokens to any specific program ahead of time. Instead, we will have a quarterly budget of tokens and we will decide how best to utilize those funds according to the needs of the exchange at the time.

If you have any questions about the DGTX Mint Schedule or anything else, please contact us via our 24/7 Live Chat function or by creating a support ticket. You can also follow our company socials for project updates and developments.

 

Latest News

Digitex Development - The Next Steps 23

Digitex Development – The Next Steps

Digitex Futures
• Digitex
January 15, 2021

First of all, we’d like to thank you all for your patience over recent weeks. We really needed this time to regroup, come together, and thrash out a solid plan for our path forward. So, that may have meant being a little quieter than usual but it’s paid off because we’re ready to share the next steps with you. 

We’re confident about the road ahead which will lead us to a new and improved iteration of the exchange in the shortest timeframe possible. It’s less ambitious than originally planned but this is on purpose to ensure that we deliver real results and functionality – before we begin to build more from here.

Upgrading the Digitex Exchange

Keeping this in mind, we have already started to get to work on delivering key upgrades that will give the exchange a wider appeal. Here is what you can expect to see coming soon to the Digitex exchange:

  • A streamlined onboarding process for new users
  • 3 new spot markets enabling even more routes for buying and selling DGTX
  • Rewards system for market makers adding liquidity to the exchange
  • Credit card purchases of DGTX tokens
  • Instant conversions of multiple cryptocurrencies into DGTX
  • New and improved user interface and navigation

All these improved functions and additional features are easily in reach and will 10x the user experience on the exchange. Making DGTX available with a credit card will also help the user onboarding process, as will spot markets making buying DGTX easier than ever. 

The Social Platform

In parallel to the exchange upgrades, we have also been working on the social platform since early 2020. As you are aware, this went live in a beta version in December, and we’re pleased to say that we’re already making progress with a significant number of legitimate users signing up and using the platform to connect with others. We are encouraged by this and continue to focus on improving the platform. 

Mobile connectivity will be a significant growth enabler, given how many people prefer social networking on their phones. So we are currently working on mobile apps for both Android and iOS, which will be released later this year and we plan to continue growing and nurturing the user base over 2021.

Additional Comments

Much of the development groundwork for the exchange and social platform has already been completed. However, both need a few months of bug and traffic testing before they will be ready for active marketing. We’ll be providing you with updates as soon as they are completely ready to ship. 

Based on expert advice, we’ve had to make the difficult decision not to proceed with launching DUSD. We know that this will be disappointing to many of you, however, the reason for this is due to the evolving regulatory landscape around stablecoins and potential issues in bringing DUSD to market. 

Despite this setback, we remain committed to ensuring an optimal user experience for our traders and believe that the improved onboarding and fiat gateway will attract more attention to the Digitex exchange – as will the ability to earn rewards through market making on the exchange. 

Also, don’t forget that the DGTX Pool Rewards program is still live on Uniswap. We have added another 5 million DGTX to the pool this week and the APY is currently around 90% – a significant ROI. 

We remain as intent as ever to make the Digitex exchange a success and restore value to the DGTX token. Now that we have a clear path forward and can focus on the fundamental tasks ahead, we can begin to do this. If you have any questions, please let us know through the usual channels or contact us via our 24/7 Live Chat.

January 15, 2021
Digitex Futures

Digitex Development – The Next Steps

Digitex
Digitex Development - The Next Steps 24

First of all, we’d like to thank you all for your patience over recent weeks. We really needed this time to regroup, come together, and thrash out a solid plan for our path forward. So, that may have meant being a little quieter than usual but it’s paid off because we’re ready to share the next steps with you. 

We’re confident about the road ahead which will lead us to a new and improved iteration of the exchange in the shortest timeframe possible. It’s less ambitious than originally planned but this is on purpose to ensure that we deliver real results and functionality – before we begin to build more from here.

Upgrading the Digitex Exchange

Keeping this in mind, we have already started to get to work on delivering key upgrades that will give the exchange a wider appeal. Here is what you can expect to see coming soon to the Digitex exchange:

  • A streamlined onboarding process for new users
  • 3 new spot markets enabling even more routes for buying and selling DGTX
  • Rewards system for market makers adding liquidity to the exchange
  • Credit card purchases of DGTX tokens
  • Instant conversions of multiple cryptocurrencies into DGTX
  • New and improved user interface and navigation

All these improved functions and additional features are easily in reach and will 10x the user experience on the exchange. Making DGTX available with a credit card will also help the user onboarding process, as will spot markets making buying DGTX easier than ever. 

The Social Platform

In parallel to the exchange upgrades, we have also been working on the social platform since early 2020. As you are aware, this went live in a beta version in December, and we’re pleased to say that we’re already making progress with a significant number of legitimate users signing up and using the platform to connect with others. We are encouraged by this and continue to focus on improving the platform. 

Mobile connectivity will be a significant growth enabler, given how many people prefer social networking on their phones. So we are currently working on mobile apps for both Android and iOS, which will be released later this year and we plan to continue growing and nurturing the user base over 2021.

Additional Comments

Much of the development groundwork for the exchange and social platform has already been completed. However, both need a few months of bug and traffic testing before they will be ready for active marketing. We’ll be providing you with updates as soon as they are completely ready to ship. 

Based on expert advice, we’ve had to make the difficult decision not to proceed with launching DUSD. We know that this will be disappointing to many of you, however, the reason for this is due to the evolving regulatory landscape around stablecoins and potential issues in bringing DUSD to market. 

Despite this setback, we remain committed to ensuring an optimal user experience for our traders and believe that the improved onboarding and fiat gateway will attract more attention to the Digitex exchange – as will the ability to earn rewards through market making on the exchange. 

Also, don’t forget that the DGTX Pool Rewards program is still live on Uniswap. We have added another 5 million DGTX to the pool this week and the APY is currently around 90% – a significant ROI. 

We remain as intent as ever to make the Digitex exchange a success and restore value to the DGTX token. Now that we have a clear path forward and can focus on the fundamental tasks ahead, we can begin to do this. If you have any questions, please let us know through the usual channels or contact us via our 24/7 Live Chat.

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Digitex Welcomes 2021 - An Epic Year for Crypto 25

Digitex Welcomes 2021 – An Epic Year for Crypto

Digitex City
Digitex Futures
• Digitex
January 8, 2021

It’s hard to believe that the first week of 2021 is coming to an end – and what a week it has been. As we write these words, BTC has blasted past $41K, ETH is setting its sights on its all-time high, and interest in cryptocurrencies has never been more pronounced. 2021 certainly looks to be an epic year for crypto – and Digitex will be no exception.

We’ve started the year off quietly and calmly and we know this is uncharacteristic of us. But we want to let all our supporters know that we’re serious about making Digitex succeed and we’re putting our best effort in to make that happen.

Instead of focusing on what’s to come and perhaps raising expectations or inciting debates, we’ll be letting you know about the upgrades and improvements as soon as they are ready to ship. Our number one priority right now is resolving the problem of DGTX volatility when trading on the platform – as well as how to ensure that the DGTX token returns value for its holders. 

We’re also looking at how to move forward with upgrades to Digitex and bring them to market in the most effective way. 

Alive and Kicking and Constantly Improving

As you can see from our socials, tickets, and 24/7 support, we’re all still very much here, and your support and faith in the project matter more to us than ever. So, please bear with us while we work to deliver the upgrades and functionality you deserve that will take the exchange to the next level. In the coming weeks and months, we’ll be sharing plenty of good news with you. But learning from our past, we’re not going to put clear dates on releases this time around.

So, while it may feel as if we’re taking a break or not working on the project, we can assure you that nothing could be further from the truth. This quiet period allows us to ensure that when we next communicate good news to you, you can immediately see the results live and working and flawlessly tested.

In the meantime, don’t forget that the Digitex Futures exchange is still operating – and what an incredible time to trade BTC futures! With the savage volatility right, the opportunities for scalping are endless and there are plenty of gains to be made. So, be sure to take advantage of our rapid-fire trading ladder and zero-fee model as BTC continues to assert itself as a worthy alternative asset class.

If you have any questions, feel free to reach out to us via support, chat, or on any of our socials. We’re available around the clock and looking forward to an epic year for crypto and for Digitex as well.

January 8, 2021
Digitex City
Digitex Futures

Digitex Welcomes 2021 – An Epic Year for Crypto

Digitex
Digitex Welcomes 2021 - An Epic Year for Crypto 26

It’s hard to believe that the first week of 2021 is coming to an end – and what a week it has been. As we write these words, BTC has blasted past $41K, ETH is setting its sights on its all-time high, and interest in cryptocurrencies has never been more pronounced. 2021 certainly looks to be an epic year for crypto – and Digitex will be no exception.

We’ve started the year off quietly and calmly and we know this is uncharacteristic of us. But we want to let all our supporters know that we’re serious about making Digitex succeed and we’re putting our best effort in to make that happen.

Instead of focusing on what’s to come and perhaps raising expectations or inciting debates, we’ll be letting you know about the upgrades and improvements as soon as they are ready to ship. Our number one priority right now is resolving the problem of DGTX volatility when trading on the platform – as well as how to ensure that the DGTX token returns value for its holders. 

We’re also looking at how to move forward with upgrades to Digitex and bring them to market in the most effective way. 

Alive and Kicking and Constantly Improving

As you can see from our socials, tickets, and 24/7 support, we’re all still very much here, and your support and faith in the project matter more to us than ever. So, please bear with us while we work to deliver the upgrades and functionality you deserve that will take the exchange to the next level. In the coming weeks and months, we’ll be sharing plenty of good news with you. But learning from our past, we’re not going to put clear dates on releases this time around.

So, while it may feel as if we’re taking a break or not working on the project, we can assure you that nothing could be further from the truth. This quiet period allows us to ensure that when we next communicate good news to you, you can immediately see the results live and working and flawlessly tested.

In the meantime, don’t forget that the Digitex Futures exchange is still operating – and what an incredible time to trade BTC futures! With the savage volatility right, the opportunities for scalping are endless and there are plenty of gains to be made. So, be sure to take advantage of our rapid-fire trading ladder and zero-fee model as BTC continues to assert itself as a worthy alternative asset class.

If you have any questions, feel free to reach out to us via support, chat, or on any of our socials. We’re available around the clock and looking forward to an epic year for crypto and for Digitex as well.

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