A Video Update from Adam 1

A Video Update from Adam

Digitex
Crypto Industry
• Digitex
June 11, 2021

Adam Todd, the founder and CEO of Digitex, and more recently, of Blockster, posted a video detailing how the social platform not only solves an industry problem but opens room for an entirely new ecosystem.

Adam starts by explaining how Blockster is a social platform focused on cryptocurrency, dedicated to just that. 

According to our founder, Blockster is where legitimate projects can come to build a following, share updates, and users can discuss upcoming tokens, ICOs. 

That’s not all, as Blockster has a big education area, Blockademy, besides a coin ranking, similar to CoinMarketCap. Lastly, Blockdesk, a curated and user-generated blog, focused on high-quality content.

What makes Blockster unique, according to Adam Todd?

“We allow cryptocurrency, legitimate projects, to advertise,” Adam mentions the digital asset blanket-ban by traditional social media companies. He explains how it is impossible to buy quality traffic to reach a quality audience, even for Digitex exchange.

Therefore, crypto companies are desperate for advertising to their target audience, and Blockster will change that.

Why is the BXR token special?

Blockster’s CEO shows how the token is the gateway for these companies to reach this high-quality audience, as they got to buy BXR tokens to advertise on the platform. Those cash-rich companies want to spend this money, and they need to spend and are going in.

Lastly, Adam explains how the BXR supply is constantly decreasing as 5% of this ad revenue is burnt. Furthermore, the users that stake BXR tokens on Blockfarm share 20% of the advertising revenue.

The result is constant competition from the advertisers who need BXR, besides users who want to buy them to share that revenue.

Adam explains that Digitex has been around for three and a half years, and Blockster is part of a bigger plan to build something really great, including a token launch platform, Blockfunder

We strongly recommend you hear it directly from the mastermind of this revolutionary ecosystem.

What is Adam’s role in Blockster?

Make sure that Digitex token launch platform, Blockfunder, is a success, and Blockster is a part of Digitex as a large source of traffic.

When will the Blockster platform be released?

End of June, but that’s when the BXR token offer price goes for the highest price, so for those that recognize the virality that the project has, getting early means a huge discount.

June 11, 2021
Digitex
Crypto Industry

A Video Update from Adam

Digitex
A Video Update from Adam 2

Adam Todd, the founder and CEO of Digitex, and more recently, of Blockster, posted a video detailing how the social platform not only solves an industry problem but opens room for an entirely new ecosystem.

Adam starts by explaining how Blockster is a social platform focused on cryptocurrency, dedicated to just that. 

According to our founder, Blockster is where legitimate projects can come to build a following, share updates, and users can discuss upcoming tokens, ICOs. 

That’s not all, as Blockster has a big education area, Blockademy, besides a coin ranking, similar to CoinMarketCap. Lastly, Blockdesk, a curated and user-generated blog, focused on high-quality content.

What makes Blockster unique, according to Adam Todd?

“We allow cryptocurrency, legitimate projects, to advertise,” Adam mentions the digital asset blanket-ban by traditional social media companies. He explains how it is impossible to buy quality traffic to reach a quality audience, even for Digitex exchange.

Therefore, crypto companies are desperate for advertising to their target audience, and Blockster will change that.

Why is the BXR token special?

Blockster’s CEO shows how the token is the gateway for these companies to reach this high-quality audience, as they got to buy BXR tokens to advertise on the platform. Those cash-rich companies want to spend this money, and they need to spend and are going in.

Lastly, Adam explains how the BXR supply is constantly decreasing as 5% of this ad revenue is burnt. Furthermore, the users that stake BXR tokens on Blockfarm share 20% of the advertising revenue.

The result is constant competition from the advertisers who need BXR, besides users who want to buy them to share that revenue.

Adam explains that Digitex has been around for three and a half years, and Blockster is part of a bigger plan to build something really great, including a token launch platform, Blockfunder

We strongly recommend you hear it directly from the mastermind of this revolutionary ecosystem.

What is Adam’s role in Blockster?

Make sure that Digitex token launch platform, Blockfunder, is a success, and Blockster is a part of Digitex as a large source of traffic.

When will the Blockster platform be released?

End of June, but that’s when the BXR token offer price goes for the highest price, so for those that recognize the virality that the project has, getting early means a huge discount.

Latest News

3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap 3

3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap

Digitex
• Digitex
June 10, 2021

Day trading is not the only way of earning income from crypto. An investor can explore other avenues such as pool rewards. It is becoming highly popular although it is riskier than normal trading. However, its returns are more attractive.

Digitex has updated its pool rewards program this month where it will be adding 3 million $DGTX which is worth around $27k to the Uniswap pool rewards program.

To understand what pool rewards is and how you can tap into its potential, this guide is for you.

What is Yield Farming

Yield farming is an earning strategy in the DeFi sector that allows users to earn interest from their crypto holdings. The interest earned is in the form of cryptocurrencies. However, yield farming is different from crypto lending.

Crypto lending offers more security to the lender, unlike yield farming. The latter involves multiple digital assets and mechanisms on several platforms and protocols to allow the lender to increase their earnings.

An example of Pool Rewards 

The technical aspects of pool rewards can be difficult to understand, but the below example can help you grasp the important aspects if you are a beginner.

Let’s suppose that you deposit ether tokens through MakerDAO (Oasis) and receive DAI stablecoin. Later, you decide to lend the DAI stablecoin to other users through the Compound Finance lending protocol.

By lending to others, you have created liquidity, and you will receive cDAI tokens in return to show the number of coins you have given to the pool. You later decide to transfer CDAI to another protocol for staking or lending, or you could choose to borrow against your holdings.

Because of all these processes and options available in yield farming, it may be too complex and risky for a beginner trader, but it creates more avenues for earning rewards.

How can I earn Digitex Rewards through Pool Rewards on Uniswap?

If you want to maximize your crypto income through pool rewards, opt for DGTX pool rewards through Uniswap. DGTX is a native token for Digitex exchange. Digitex has updated the program and this time, three million DGTX has been added to the pool rewards program.

Going by the prices of DGTX as of writing this article, the total coins added to the pool will have a value of $27,000 in monthly rewards for supplying liquidity to the DGTX/ETH trading pair on the Uniswap exchange.

The best part is that if you provide liquidity to the pool for more than thirty days, you will receive three times more rewards for optimal earnings.

Getting started on pool rewards with Digitex 

To start getting pool rewards with DGTX, follow these easy steps:

Step 1: Go to Uniswap V2 and deposit the same amount of ETH and DGTX to offer liquidity for the trading pair.

Step 2: You will receive UNI-V2 tokens as rewards for offering liquidity. The tokens show the number of tokens you have added to the pool.

Step 3: Go to the Digitex Rewards platform, deposit UNI-V2 pool tokens for staking, and start earning a passive income.

By following the above steps, you will enjoy the full benefit of yield farming, which is maximizing passive income earned from cryptocurrency holdings.

June 10, 2021
Digitex

3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap

Digitex
3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap 4

Day trading is not the only way of earning income from crypto. An investor can explore other avenues such as pool rewards. It is becoming highly popular although it is riskier than normal trading. However, its returns are more attractive.

Digitex has updated its pool rewards program this month where it will be adding 3 million $DGTX which is worth around $27k to the Uniswap pool rewards program.

To understand what pool rewards is and how you can tap into its potential, this guide is for you.

What is Yield Farming

Yield farming is an earning strategy in the DeFi sector that allows users to earn interest from their crypto holdings. The interest earned is in the form of cryptocurrencies. However, yield farming is different from crypto lending.

Crypto lending offers more security to the lender, unlike yield farming. The latter involves multiple digital assets and mechanisms on several platforms and protocols to allow the lender to increase their earnings.

An example of Pool Rewards 

The technical aspects of pool rewards can be difficult to understand, but the below example can help you grasp the important aspects if you are a beginner.

Let’s suppose that you deposit ether tokens through MakerDAO (Oasis) and receive DAI stablecoin. Later, you decide to lend the DAI stablecoin to other users through the Compound Finance lending protocol.

By lending to others, you have created liquidity, and you will receive cDAI tokens in return to show the number of coins you have given to the pool. You later decide to transfer CDAI to another protocol for staking or lending, or you could choose to borrow against your holdings.

Because of all these processes and options available in yield farming, it may be too complex and risky for a beginner trader, but it creates more avenues for earning rewards.

How can I earn Digitex Rewards through Pool Rewards on Uniswap?

If you want to maximize your crypto income through pool rewards, opt for DGTX pool rewards through Uniswap. DGTX is a native token for Digitex exchange. Digitex has updated the program and this time, three million DGTX has been added to the pool rewards program.

Going by the prices of DGTX as of writing this article, the total coins added to the pool will have a value of $27,000 in monthly rewards for supplying liquidity to the DGTX/ETH trading pair on the Uniswap exchange.

The best part is that if you provide liquidity to the pool for more than thirty days, you will receive three times more rewards for optimal earnings.

Getting started on pool rewards with Digitex 

To start getting pool rewards with DGTX, follow these easy steps:

Step 1: Go to Uniswap V2 and deposit the same amount of ETH and DGTX to offer liquidity for the trading pair.

Step 2: You will receive UNI-V2 tokens as rewards for offering liquidity. The tokens show the number of tokens you have added to the pool.

Step 3: Go to the Digitex Rewards platform, deposit UNI-V2 pool tokens for staking, and start earning a passive income.

By following the above steps, you will enjoy the full benefit of yield farming, which is maximizing passive income earned from cryptocurrency holdings.

Latest News

blockster

Blockster in the News – Check Out the Media Highlights

Digitex
Crypto Industry
• Digitex
June 4, 2021

We’re super excited about the launch of Blockster social network, and can’t wait to become the go-to place for all things crypto–and it seems as if we’re not the only ones! Blockster has been garnering a lot of attention in the media recently, with bloth influencers and crypto news sites eager to talk about its awesome features, and celebrate the launch of an entirely new social hub dedicated to crypto hustlers like you.

With Blockster, you no longer need to access multiple websites and apps to find news, educational articles, expert takes, and discussion groups for your topics of interest. Regardless of your knowledge level, every Blockster can make money on their digital assets.

What Are People Saying?

CryptoSlate covered the Blockfunder IEO token launch platform debut, where the financing and fast-tracking of selected projects will take place. Digitex’s due diligence ensures only high-quality offerings will be available, and there’s no better way to kick it all off than with Blockster Social Network’s native token, BXR.

The BXR token is the only accepted payment method for Blockster advertisers, and all commerce inside the platform, such as purchasing NFTs. It will be available for sale starting Monday, June 7. Upon completion of the six phases of the token sale, BXR will be initially listed on Digitex and Uniswap, with other major exchanges to be announced soon.

Bitcoinist, another well-respected crypto news website, explained how Blockster users could join groups and access the real-time market data feed on ‘Blockwatch’ to keep up to date on the price action of all the major coins.

The article also describes how writers, influencers, and crypto personalities are already populating the network with high-quality content and inviting friends before it opens to the general public.

Youtube Influencers Are Loving Blockster Too

‘Crypto Profit,’ a 90k-subscriber channel dedicated to finding the hottest crypto-investment opportunities, highlighted the Blockster (BXR) token potential. Be sure to check out his assessment and why he believes this social network “will do very very well.”

‘Ryan Matta’, an experienced miner, trader, and crypto investor, stated that “getting in on an ICO at this price can potentially be very very profitable… this could be the next Facebook of crypto.”

‘Expert Para,’ a 284k-subscriber YouTuber in Turkey, also extensively covered Blockster’s Social Network features and the BXR token IEO taking place on Digitex’s Blockfunder.

Token Sale Starts on June 7, Don’t Miss Out!

Blockster has been under development for over a year and is now in its final testing stages. The token sale through Digitex’s Blockfunder IEO platform will kick off on Monday, June 7 at 12pm UTC.

Blockster in the News – Check Out the Media Highlights 5

The BXR token will start out at $1 and gradually increase over the six phases, so the earlier you join, the higher the potential gains.

For DGTX token holders, there’s some good news here as well. DGTX will be the only currency accepted in three of the six phases, allowing Digitex to collect a lot of its circulating supply and give the exchange’s native token a chance to recapture value. 

Taking part in the BXR token sale is easy! Click here, complete a quick KYC check, read and sign the terms and conditions, and purchase BXR tokens with the cryptocurrency accepted during the sale phase.

Blockster in the News – Check Out the Media Highlights 6

Refer Friends and Earn Free Tokens

You can earn more BXR tokens by referring the IEO to your friends and earning 10% of their BXR purchases. Don’t miss this chance to earn more tokens, by signing up to Blockfunder and creating a unique referral link.

Share it on your social profiles or send it to your friends. Each time your link is used to complete a purchase, you will be automatically rewarded. Don’t miss this chance to get in on this exciting project at the early stages!

BXR Token — Keep Updated Using Our Telegram

We invite you to join our Telegram channel as we prepare to release our testnet to the public. All updates about Blockster and BXR will be published there. For any questions you can also hit us up on any of our socials or contact our live support.

June 4, 2021
Digitex
Crypto Industry

Blockster in the News – Check Out the Media Highlights

Digitex
blockster

We’re super excited about the launch of Blockster social network, and can’t wait to become the go-to place for all things crypto–and it seems as if we’re not the only ones! Blockster has been garnering a lot of attention in the media recently, with bloth influencers and crypto news sites eager to talk about its awesome features, and celebrate the launch of an entirely new social hub dedicated to crypto hustlers like you.

With Blockster, you no longer need to access multiple websites and apps to find news, educational articles, expert takes, and discussion groups for your topics of interest. Regardless of your knowledge level, every Blockster can make money on their digital assets.

What Are People Saying?

CryptoSlate covered the Blockfunder IEO token launch platform debut, where the financing and fast-tracking of selected projects will take place. Digitex’s due diligence ensures only high-quality offerings will be available, and there’s no better way to kick it all off than with Blockster Social Network’s native token, BXR.

The BXR token is the only accepted payment method for Blockster advertisers, and all commerce inside the platform, such as purchasing NFTs. It will be available for sale starting Monday, June 7. Upon completion of the six phases of the token sale, BXR will be initially listed on Digitex and Uniswap, with other major exchanges to be announced soon.

Bitcoinist, another well-respected crypto news website, explained how Blockster users could join groups and access the real-time market data feed on ‘Blockwatch’ to keep up to date on the price action of all the major coins.

The article also describes how writers, influencers, and crypto personalities are already populating the network with high-quality content and inviting friends before it opens to the general public.

Youtube Influencers Are Loving Blockster Too

‘Crypto Profit,’ a 90k-subscriber channel dedicated to finding the hottest crypto-investment opportunities, highlighted the Blockster (BXR) token potential. Be sure to check out his assessment and why he believes this social network “will do very very well.”

‘Ryan Matta’, an experienced miner, trader, and crypto investor, stated that “getting in on an ICO at this price can potentially be very very profitable… this could be the next Facebook of crypto.”

‘Expert Para,’ a 284k-subscriber YouTuber in Turkey, also extensively covered Blockster’s Social Network features and the BXR token IEO taking place on Digitex’s Blockfunder.

Token Sale Starts on June 7, Don’t Miss Out!

Blockster has been under development for over a year and is now in its final testing stages. The token sale through Digitex’s Blockfunder IEO platform will kick off on Monday, June 7 at 12pm UTC.

Blockster in the News – Check Out the Media Highlights 7

The BXR token will start out at $1 and gradually increase over the six phases, so the earlier you join, the higher the potential gains.

For DGTX token holders, there’s some good news here as well. DGTX will be the only currency accepted in three of the six phases, allowing Digitex to collect a lot of its circulating supply and give the exchange’s native token a chance to recapture value. 

Taking part in the BXR token sale is easy! Click here, complete a quick KYC check, read and sign the terms and conditions, and purchase BXR tokens with the cryptocurrency accepted during the sale phase.

Blockster in the News – Check Out the Media Highlights 8

Refer Friends and Earn Free Tokens

You can earn more BXR tokens by referring the IEO to your friends and earning 10% of their BXR purchases. Don’t miss this chance to earn more tokens, by signing up to Blockfunder and creating a unique referral link.

Share it on your social profiles or send it to your friends. Each time your link is used to complete a purchase, you will be automatically rewarded. Don’t miss this chance to get in on this exciting project at the early stages!

BXR Token — Keep Updated Using Our Telegram

We invite you to join our Telegram channel as we prepare to release our testnet to the public. All updates about Blockster and BXR will be published there. For any questions you can also hit us up on any of our socials or contact our live support.

Latest News

DGTX

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
• Digitex
June 1, 2021

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

June 1, 2021
Digitex

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
DGTX

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

Latest News

digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
• Digitex
May 31, 2021

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

May 31, 2021
Digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
digitex

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

Latest News

Announcing Blockfunder - Our Brand-New IEO Platform 9

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
• Digitex
May 27, 2021

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 10

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 11

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 12

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

May 27, 2021
Digitex

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
Announcing Blockfunder - Our Brand-New IEO Platform 13

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 14

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 15

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 16

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

Latest News

Development Update - What’s Coming Next to Digitex? 17

Development Update – What’s Coming Next to Digitex?

Digitex
• Digitex
May 24, 2021

It’s been a rollercoaster year for the cryptocurrency industry–and we’re still in quarter two! If you’ve been around long enough, you’ll know that this type of volatility is completely normal for these markets. But, if you’re feeling rattled by the recent price corrections, we recommend you zoom out and focus on the fundamentals. That’s what we’re doing at Digitex. We’re building out our team, expanding our range of products and services, and improving our exchange. Catch the highlights below.

What We’ve Done in Q2 So Far

First and foremost, in 2021, we’ve expanded our core development team in Kyiv and made a ton of great progress this year. In quarter two so far, we’ve launched our zero-fee spot markets with major upgrades, including the UI, Liquidity Mining rewards, the ability to withdraw BTC, ETH, and USDC, and merging the main website to the new digitex.io domain.

We know that from your feedback, you’re loving our zero-fee markets and making huge savings when compared to trading on other exchanges. We’ve also added the ability to send crypto instantly with zero fees via email, making it much easier and cheaper to make payments and onboard new people to the exchange.

Development Update - What’s Coming Next to Digitex? 18

Earlier this month, we added more utility for the DGTX token by bringing you Blockfarm, our in-house yield farming platform that allows you to earn rewards in different cryptocurrencies by staking DGTX. We have two active programs on the platform so far with users earning rewards in BTC and ETH, each at over 100% APY currently. Stake and unstake at any time and put your DGTX stash to better use earning an easy passive income.

We also made a major upgrade to the navigation on the exchange, allowing users to simply click the “+” button to open a drop-down menu that lets them easily switch between spot and futures markets from within the same interface. And, because the price and volatility of ETH has increased so rapidly, we also adjusted the tick size on our ETHUSD market to give you an optimized trading experience and make liquidity mining easier.

What’s Still to Come in Q2 and Q3

We’re still keeping a few exciting updates up our sleeves (all will be revealed shortly) but we can share a few of the developments to look out for next month and beyond, including an affiliate program and a unified API that will provide us with the ability to emplement Digitex connectors for most popular bot trading solutions on the market. This will be music to the ears of all algo traders out there. And, by popular demand, we’ll also be adding the trading ladder interface to our spot markets, so you’ll be able to display multiple ladders from within the same interface.

More staking programs will be coming to Blockfarm all the time with other cryptocurrencies, as well as new token listings to our spot markets–so keep an eye out for many more trending tokens to come! We’ll also be tackling the issue of DGTX volatility when trading by making a change to our futures markets (more on that soon), and finally shipping you the user-configurable bots you’ve been hankering after. The mobile responsive version of the exchange will be completed in Q3 as well.

A Whole Lot More Besides

Many of our traders agree that the functionality of the exchange is exceptional in comparison to many other exchanges on the market. We’re proud to say that Digitex has proven itself robust throughout all of crypto’s volatility and very few exchanges can say the same.

We know that many of you are still waiting for our exchange listing on CoinMarketCap. We can tell you that we have just updated our system API to meet CMC’s listing requirements and have submitted everything they require. Now, we just have to wait for them to follow through.

We’re excited to finally have our futures and spot markets listed here as we know this will bring us a lot more visibility. And talking of visibility, we’re really stepping up the marketing now that we have relaunched as Digitex.io. We have been actively working with many influencer groups on a daily basis, and last month, our monthly visitors went up to 250K. We plan to consistently grow this number month by month, with around 200 signups daily.

Regarding DGTX tokenomics, we’re creating more ways to increase the demand for DGTX. We will be continually releasing more staking programs–not just on Blockfarm but other programs that are coming soon as well. We’re also introducing a program that will collect a lot of the DGTX off the market and constrict its circulating supply… we’re sure you’re going to love it.

Finally, let’s address the elephant in the room: the DGTX token price. The market has been brutal lately all round and we know that the current price of the DGTX token may look as if nothing is happening here. But, as you can see, this couldn’t be further from the truth. Our team is growing, our development has never been better, and we have a strong road map ahead. 

DGTX will have a major comeback and we thank all of you who’ve stayed with us for this crazy ride. We’ll finish the third quarter of this exceptional year stronger than ever with a sophisticated UI, more markets, more rewards programs, a solution for DGTX volatility and utility and a robust zero-fee exchange that lets you keep 100% of your profits.

May 24, 2021
Digitex

Development Update – What’s Coming Next to Digitex?

Digitex
Development Update - What’s Coming Next to Digitex? 19

It’s been a rollercoaster year for the cryptocurrency industry–and we’re still in quarter two! If you’ve been around long enough, you’ll know that this type of volatility is completely normal for these markets. But, if you’re feeling rattled by the recent price corrections, we recommend you zoom out and focus on the fundamentals. That’s what we’re doing at Digitex. We’re building out our team, expanding our range of products and services, and improving our exchange. Catch the highlights below.

What We’ve Done in Q2 So Far

First and foremost, in 2021, we’ve expanded our core development team in Kyiv and made a ton of great progress this year. In quarter two so far, we’ve launched our zero-fee spot markets with major upgrades, including the UI, Liquidity Mining rewards, the ability to withdraw BTC, ETH, and USDC, and merging the main website to the new digitex.io domain.

We know that from your feedback, you’re loving our zero-fee markets and making huge savings when compared to trading on other exchanges. We’ve also added the ability to send crypto instantly with zero fees via email, making it much easier and cheaper to make payments and onboard new people to the exchange.

Development Update - What’s Coming Next to Digitex? 20

Earlier this month, we added more utility for the DGTX token by bringing you Blockfarm, our in-house yield farming platform that allows you to earn rewards in different cryptocurrencies by staking DGTX. We have two active programs on the platform so far with users earning rewards in BTC and ETH, each at over 100% APY currently. Stake and unstake at any time and put your DGTX stash to better use earning an easy passive income.

We also made a major upgrade to the navigation on the exchange, allowing users to simply click the “+” button to open a drop-down menu that lets them easily switch between spot and futures markets from within the same interface. And, because the price and volatility of ETH has increased so rapidly, we also adjusted the tick size on our ETHUSD market to give you an optimized trading experience and make liquidity mining easier.

What’s Still to Come in Q2 and Q3

We’re still keeping a few exciting updates up our sleeves (all will be revealed shortly) but we can share a few of the developments to look out for next month and beyond, including an affiliate program and a unified API that will provide us with the ability to emplement Digitex connectors for most popular bot trading solutions on the market. This will be music to the ears of all algo traders out there. And, by popular demand, we’ll also be adding the trading ladder interface to our spot markets, so you’ll be able to display multiple ladders from within the same interface.

More staking programs will be coming to Blockfarm all the time with other cryptocurrencies, as well as new token listings to our spot markets–so keep an eye out for many more trending tokens to come! We’ll also be tackling the issue of DGTX volatility when trading by making a change to our futures markets (more on that soon), and finally shipping you the user-configurable bots you’ve been hankering after. The mobile responsive version of the exchange will be completed in Q3 as well.

A Whole Lot More Besides

Many of our traders agree that the functionality of the exchange is exceptional in comparison to many other exchanges on the market. We’re proud to say that Digitex has proven itself robust throughout all of crypto’s volatility and very few exchanges can say the same.

We know that many of you are still waiting for our exchange listing on CoinMarketCap. We can tell you that we have just updated our system API to meet CMC’s listing requirements and have submitted everything they require. Now, we just have to wait for them to follow through.

We’re excited to finally have our futures and spot markets listed here as we know this will bring us a lot more visibility. And talking of visibility, we’re really stepping up the marketing now that we have relaunched as Digitex.io. We have been actively working with many influencer groups on a daily basis, and last month, our monthly visitors went up to 250K. We plan to consistently grow this number month by month, with around 200 signups daily.

Regarding DGTX tokenomics, we’re creating more ways to increase the demand for DGTX. We will be continually releasing more staking programs–not just on Blockfarm but other programs that are coming soon as well. We’re also introducing a program that will collect a lot of the DGTX off the market and constrict its circulating supply… we’re sure you’re going to love it.

Finally, let’s address the elephant in the room: the DGTX token price. The market has been brutal lately all round and we know that the current price of the DGTX token may look as if nothing is happening here. But, as you can see, this couldn’t be further from the truth. Our team is growing, our development has never been better, and we have a strong road map ahead. 

DGTX will have a major comeback and we thank all of you who’ve stayed with us for this crazy ride. We’ll finish the third quarter of this exceptional year stronger than ever with a sophisticated UI, more markets, more rewards programs, a solution for DGTX volatility and utility and a robust zero-fee exchange that lets you keep 100% of your profits.

Latest News

blockfarm

Blockfarm: $40,000 BTC Pool Kicks Off on Friday

Digitex
• Digitex
May 19, 2021

Last Friday, we kicked off our very first staking program through our brand-new yield farming platform Blockfarm. Users who want to earn a passive income on their crypto holdings can simply stake DGTX and earn generous rewards in various different cryptos. 

We started the program with Ether rewards, and are paying out a total of just over $30,000 worth of ETH (12 ETH) in 30 days–and now we’re stepping up the action! This Friday, we’ll be adding a Bitcoin staking program to the mix, with 1 BTC worth of rewards up for grabs (around $40,000).

If you like the idea of putting your DGTX to use by staking it to earn rewards in BTC, you can prestake now. With 48 hours to go until kickoff, you can secure your place in the queue by completing a quick KYC check and setting up your account.

Stake DGTX and Earn Your Share of 1 BTC in Rewards

Whether you’ve been actively trading or watching on in horror as the crypto markets sell off, we can help you ease the blow. All you have to do (if you haven’t already) is create an account on Digitex, purchase DGTX commission-free on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

The APY will vary depending on how many users take part but the current APY on our ETH staking program on Blockfarm is 56% with more than 114 million DGTX staked over the last few days.

Blockfarm: $40,000 BTC Pool Kicks Off on Friday 21

We’re excited to be able to bring you staking rewards in the world’s most popular cryptocurrency and we hope that you’ll take advantage of this program as well as our existing ETH staking rewards. We’ll be adding more coins to the program as they get listed on the exchange, so keep your eyes open for further details and, until then, happy staking!

May 19, 2021
Digitex

Blockfarm: $40,000 BTC Pool Kicks Off on Friday

Digitex
blockfarm

Last Friday, we kicked off our very first staking program through our brand-new yield farming platform Blockfarm. Users who want to earn a passive income on their crypto holdings can simply stake DGTX and earn generous rewards in various different cryptos. 

We started the program with Ether rewards, and are paying out a total of just over $30,000 worth of ETH (12 ETH) in 30 days–and now we’re stepping up the action! This Friday, we’ll be adding a Bitcoin staking program to the mix, with 1 BTC worth of rewards up for grabs (around $40,000).

If you like the idea of putting your DGTX to use by staking it to earn rewards in BTC, you can prestake now. With 48 hours to go until kickoff, you can secure your place in the queue by completing a quick KYC check and setting up your account.

Stake DGTX and Earn Your Share of 1 BTC in Rewards

Whether you’ve been actively trading or watching on in horror as the crypto markets sell off, we can help you ease the blow. All you have to do (if you haven’t already) is create an account on Digitex, purchase DGTX commission-free on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

The APY will vary depending on how many users take part but the current APY on our ETH staking program on Blockfarm is 56% with more than 114 million DGTX staked over the last few days.

Blockfarm: $40,000 BTC Pool Kicks Off on Friday 22

We’re excited to be able to bring you staking rewards in the world’s most popular cryptocurrency and we hope that you’ll take advantage of this program as well as our existing ETH staking rewards. We’ll be adding more coins to the program as they get listed on the exchange, so keep your eyes open for further details and, until then, happy staking!

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crypto

Review – After the Elon Musk Crypto Crash, Will Markets Go Back Up?

Digitex
• Dave Reiter

On February 8, the Bitcoin (BTC) community received incredibly bullish news when Tesla CEO, Elon Musk announced that his company had purchased $1.5 billion worth of BTC. In the same press release, Musk also revealed that the company would accept BTC as a method of payment for its Tesla automobiles. Immediately following the press release, the price of BTC exploded to the upside, gaining $6,881 (Chart #1).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 23

The announcement by Musk marked the beginning of a massive rally in Bitcoin. Over the course of the next two months, BTC increased 73%.  

Elon Musk quickly became one of the biggest supporters of the Bitcoin ecosystem. Of course, the entire crypto community was more than happy to embrace Musk as its newest member of the “family.” In addition to being CEO of Tesla, he is the wealthiest person on the planet. In fact, Tesla’s purchase of BTC was the major contributing factor to catapulting Musk ahead of Jeff Bezos as the world’s wealthiest person. Therefore, Musk was viewed as the perfect ambassador for the Bitcoin community.

Unfortunately, the happy relationship between Musk and the crypto community was short-lived. What happened? Why did Elon Musk suddenly withdraw his endorsement of the Bitcoin ecosystem? More importantly, how will this affect the future direction of Bitcoin along with the entire cryptocurrency universe? Let’s discuss the details.

Elon Musk Abruptly Changes His View on Bitcoin     

Elon Musk is one of the greatest entrepreneurs in modern American history. Musk rose to fame in the late 1990s during the internet mania, as one of the original founders of PayPal. Over the course of the past two decades, he has been responsible for creating a number of highly successful business ventures.

Musk is most famously known for his affiliation with Tesla, which was launched in July 2003. In addition to Tesla, Musk is also involved in the Boring Company and SpaceX. As mentioned, his entrepreneurial success recently turned Musk into the wealthiest person on the planet, according to Forbes Magazine.      

Over the course of the past few years, he has received an increasing amount of scrutiny from various environmental groups concerning Tesla’s commitment to producing energy-efficient vehicles. Additionally, the company’s automobile plants are closely monitored by several third parties in an effort to determine if Tesla is maintaining an eco-friendly working environment. Tesla promotes itself as an industry leader in using renewable energy to operate its manufacturing facilities. This probably explains why the company is constantly critiqued and observed by independent agencies.     

Bitcoin has come under frequent and repeated attack by a number of environmentally-friendly research groups concerning its potential damage to the environment, particularly as it relates to Bitcoin mining. These research groups claim that the Bitcoin mining process consumes a great deal of non-renewable energy and emits an ever-increasing amount of carbon into the atmosphere. They question whether Bitcoin’s damage to the environment is outweighed by its benefit as a long-term store of value. This has been an ongoing debate between Bitcoiners and environmental groups for the past few years. However, the debate has certainly intensified during the past few months.

This brings us back to Elon Musk and his endorsement of Bitcoin. Given the fact that Tesla is currently struggling with its own environmental issues, Elon and his inner circle of advisors probably determined that Tesla’s involvement with Bitcoin was a poorly-timed decision. Most likely, this explains why Musk withdrew his support of BTC as a medium of exchange.

Musk released his now-famous tweet on May 12, in which he tweeted that Tesla would no longer accept Bitcoin as a method of payment for its automobiles.

Musk cited “environmental concerns” as the reason why Tesla suspended its acceptance of Bitcoin. Immediately upon the release of Elon’s tweet, the price of BTC quickly began to roll over to the downside. By the end of the day, BTC had lost 9.5% of its value.

BTC continued to drop for the next three days, as Musk released a few additional negative comments about Bitcoin and many analysts are wondering if the bottom is in yet, after BTC briefly dove below $40,000 on May 19. So, where do we go from here? In order to answer this question, let’s examine Bitcoin based on technical analysis.

Analyzing Bitcoin Based on Technical Analysis

Bitcoin peaked @ 64,789 on April 14. During the past four weeks, BTC had dropped by more than 34% (Chart #2), only to tumble even lower below the $40,000 mark on May 19.

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 24

How does this sell-off compare with declines from other bull market cycles? Let’s analyze the most recent bull market cycle from 2017. BTC generated a dramatic rally in the second half of 2017, advancing 570% from September through December. However, Bitcoin also experienced two sharp declines of 39.7% and 30.0%, respectively (Chart #3).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 25

Even though the current decline is certainly painful for the Bitcoin bulls, it is quite normal when compared to other historical downturns.

Despite the current decline, the daily chart pattern for Bitcoin continues to remain bullish. The first sign of trouble for the bulls would be a weekly close below 37,409 (Chart #4). The BTC chart pattern will turn decidedly bearish if 37,409 is penetrated on a weekly closing basis.      

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 26  

In terms of the hourly chart, the bears are in control. In order to reverse the bearish momentum, the bulls need a daily close above 59,696 (Chart #5). The most likely scenario over the course of the next few weeks is a trading range.

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 27

BTC could easily remain locked in a trading range for the next several weeks. The important numbers to watch are 37,409 and 59,696.

Analyzing Ethereum Based on Technical Analysis

Although Bitcoin has garnered the majority of media attention during the past few days, Elon’s comments have wreaked havoc on the entire cryptocurrency universe. Almost all coins and tokens have suffered brutal declines. Let’s briefly review Ethereum (ETH) from a technical perspective.

Prior to the Tesla news, ETH was in the middle of a dramatic rally dating back to the pandemic low in March 2020. ETH recorded a major low on 13 March 2020 @ 89.50. The cryptocurrency preceded to rally 4,783% during the next 14 months, reaching its peak on 12 May @ 4,370.76.

The very next day, Elon Musk released his tweet concerning Tesla’s plan to stop accepting Bitcoin. Although Elon’s tweet was not aimed directly at Ethereum, it nevertheless sparked a brutal sell-off in ETH. Within 72 hours, ETH had declined 28.2% (Chart #6).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 28

In spite of the sharp decline, the Ethereum chart pattern remains persistently bullish. It would take a weekly close below 1,937 to flip the chart from bullish to bearish (Chart #7).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 29

This type of price drop is certainly possible. However, it’s highly unlikely. Going forward, ETH will most likely remain in a trading range for the next several weeks, as it consolidates the recent sharp decline.

As long as the price stays above 1,937, ETH should easily create a new all-time high above 4,370 by the end of 2021.

All Signs Point to Higher Crypto Prices

It’s very easy for crypto traders and investors to become fixated on short-term fluctuations in the crypto markets. Many traders (particularly novice traders) have a tendency to focus only on the negative crypto news while ignoring the long-term bullish outlook.

Bitcoin, Ethereum and other cryptocurrencies have received a tremendous amount of bullish news during the past several months, particularly at the institutional level. A wave of institutional money has flooded into the crypto universe during the past nine months. This is extremely bullish from a “big picture” multi-year perspective.

While it’s certainly possible that Bitcoin and other cryptocurrencies could experience another sharp leg to the downside, this won’t change the bullish outlook from a long-term global perspective. Cryptocurrencies are in the early stages of completely disrupting industries that have been in existence for hundreds of years. There will be several bumps along the way (e.g. Elon Musk’s tweets). However, investors who can tolerate the short-term volatility will be rewarded with long-term success.

 Digitex writers and/or guest authors may or may not have a vested interest in the Digitex project and/or other businesses mentioned throughout the site. None of the content on Digitex is investment advice nor is it a replacement for advice from a certified financial planner.

May 19, 2021
Digitex

Review – After the Elon Musk Crypto Crash, Will Markets Go Back Up?

Dave Reiter
crypto

On February 8, the Bitcoin (BTC) community received incredibly bullish news when Tesla CEO, Elon Musk announced that his company had purchased $1.5 billion worth of BTC. In the same press release, Musk also revealed that the company would accept BTC as a method of payment for its Tesla automobiles. Immediately following the press release, the price of BTC exploded to the upside, gaining $6,881 (Chart #1).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 30

The announcement by Musk marked the beginning of a massive rally in Bitcoin. Over the course of the next two months, BTC increased 73%.  

Elon Musk quickly became one of the biggest supporters of the Bitcoin ecosystem. Of course, the entire crypto community was more than happy to embrace Musk as its newest member of the “family.” In addition to being CEO of Tesla, he is the wealthiest person on the planet. In fact, Tesla’s purchase of BTC was the major contributing factor to catapulting Musk ahead of Jeff Bezos as the world’s wealthiest person. Therefore, Musk was viewed as the perfect ambassador for the Bitcoin community.

Unfortunately, the happy relationship between Musk and the crypto community was short-lived. What happened? Why did Elon Musk suddenly withdraw his endorsement of the Bitcoin ecosystem? More importantly, how will this affect the future direction of Bitcoin along with the entire cryptocurrency universe? Let’s discuss the details.

Elon Musk Abruptly Changes His View on Bitcoin     

Elon Musk is one of the greatest entrepreneurs in modern American history. Musk rose to fame in the late 1990s during the internet mania, as one of the original founders of PayPal. Over the course of the past two decades, he has been responsible for creating a number of highly successful business ventures.

Musk is most famously known for his affiliation with Tesla, which was launched in July 2003. In addition to Tesla, Musk is also involved in the Boring Company and SpaceX. As mentioned, his entrepreneurial success recently turned Musk into the wealthiest person on the planet, according to Forbes Magazine.      

Over the course of the past few years, he has received an increasing amount of scrutiny from various environmental groups concerning Tesla’s commitment to producing energy-efficient vehicles. Additionally, the company’s automobile plants are closely monitored by several third parties in an effort to determine if Tesla is maintaining an eco-friendly working environment. Tesla promotes itself as an industry leader in using renewable energy to operate its manufacturing facilities. This probably explains why the company is constantly critiqued and observed by independent agencies.     

Bitcoin has come under frequent and repeated attack by a number of environmentally-friendly research groups concerning its potential damage to the environment, particularly as it relates to Bitcoin mining. These research groups claim that the Bitcoin mining process consumes a great deal of non-renewable energy and emits an ever-increasing amount of carbon into the atmosphere. They question whether Bitcoin’s damage to the environment is outweighed by its benefit as a long-term store of value. This has been an ongoing debate between Bitcoiners and environmental groups for the past few years. However, the debate has certainly intensified during the past few months.

This brings us back to Elon Musk and his endorsement of Bitcoin. Given the fact that Tesla is currently struggling with its own environmental issues, Elon and his inner circle of advisors probably determined that Tesla’s involvement with Bitcoin was a poorly-timed decision. Most likely, this explains why Musk withdrew his support of BTC as a medium of exchange.

Musk released his now-famous tweet on May 12, in which he tweeted that Tesla would no longer accept Bitcoin as a method of payment for its automobiles.

Musk cited “environmental concerns” as the reason why Tesla suspended its acceptance of Bitcoin. Immediately upon the release of Elon’s tweet, the price of BTC quickly began to roll over to the downside. By the end of the day, BTC had lost 9.5% of its value.

BTC continued to drop for the next three days, as Musk released a few additional negative comments about Bitcoin and many analysts are wondering if the bottom is in yet, after BTC briefly dove below $40,000 on May 19. So, where do we go from here? In order to answer this question, let’s examine Bitcoin based on technical analysis.

Analyzing Bitcoin Based on Technical Analysis

Bitcoin peaked @ 64,789 on April 14. During the past four weeks, BTC had dropped by more than 34% (Chart #2), only to tumble even lower below the $40,000 mark on May 19.

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 31

How does this sell-off compare with declines from other bull market cycles? Let’s analyze the most recent bull market cycle from 2017. BTC generated a dramatic rally in the second half of 2017, advancing 570% from September through December. However, Bitcoin also experienced two sharp declines of 39.7% and 30.0%, respectively (Chart #3).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 32

Even though the current decline is certainly painful for the Bitcoin bulls, it is quite normal when compared to other historical downturns.

Despite the current decline, the daily chart pattern for Bitcoin continues to remain bullish. The first sign of trouble for the bulls would be a weekly close below 37,409 (Chart #4). The BTC chart pattern will turn decidedly bearish if 37,409 is penetrated on a weekly closing basis.      

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 33  

In terms of the hourly chart, the bears are in control. In order to reverse the bearish momentum, the bulls need a daily close above 59,696 (Chart #5). The most likely scenario over the course of the next few weeks is a trading range.

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 34

BTC could easily remain locked in a trading range for the next several weeks. The important numbers to watch are 37,409 and 59,696.

Analyzing Ethereum Based on Technical Analysis

Although Bitcoin has garnered the majority of media attention during the past few days, Elon’s comments have wreaked havoc on the entire cryptocurrency universe. Almost all coins and tokens have suffered brutal declines. Let’s briefly review Ethereum (ETH) from a technical perspective.

Prior to the Tesla news, ETH was in the middle of a dramatic rally dating back to the pandemic low in March 2020. ETH recorded a major low on 13 March 2020 @ 89.50. The cryptocurrency preceded to rally 4,783% during the next 14 months, reaching its peak on 12 May @ 4,370.76.

The very next day, Elon Musk released his tweet concerning Tesla’s plan to stop accepting Bitcoin. Although Elon’s tweet was not aimed directly at Ethereum, it nevertheless sparked a brutal sell-off in ETH. Within 72 hours, ETH had declined 28.2% (Chart #6).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 35

In spite of the sharp decline, the Ethereum chart pattern remains persistently bullish. It would take a weekly close below 1,937 to flip the chart from bullish to bearish (Chart #7).

Review - After the Elon Musk Crypto Crash, Will Markets Go Back Up? 36

This type of price drop is certainly possible. However, it’s highly unlikely. Going forward, ETH will most likely remain in a trading range for the next several weeks, as it consolidates the recent sharp decline.

As long as the price stays above 1,937, ETH should easily create a new all-time high above 4,370 by the end of 2021.

All Signs Point to Higher Crypto Prices

It’s very easy for crypto traders and investors to become fixated on short-term fluctuations in the crypto markets. Many traders (particularly novice traders) have a tendency to focus only on the negative crypto news while ignoring the long-term bullish outlook.

Bitcoin, Ethereum and other cryptocurrencies have received a tremendous amount of bullish news during the past several months, particularly at the institutional level. A wave of institutional money has flooded into the crypto universe during the past nine months. This is extremely bullish from a “big picture” multi-year perspective.

While it’s certainly possible that Bitcoin and other cryptocurrencies could experience another sharp leg to the downside, this won’t change the bullish outlook from a long-term global perspective. Cryptocurrencies are in the early stages of completely disrupting industries that have been in existence for hundreds of years. There will be several bumps along the way (e.g. Elon Musk’s tweets). However, investors who can tolerate the short-term volatility will be rewarded with long-term success.

 Digitex writers and/or guest authors may or may not have a vested interest in the Digitex project and/or other businesses mentioned throughout the site. None of the content on Digitex is investment advice nor is it a replacement for advice from a certified financial planner.

Latest News

Check Out All the Ways to Earn on Digitex.io 37

Check Out All the Ways to Earn on Digitex.io

Digitex
• Digitex
May 18, 2021

With Digitex.io now live for just over a month, we’ve been introducing more utility for the DGTX token–and more ways for you to earn while using the exchange. From zero-fee trading and capitalizing on price fluctuations trading BTC and ETH futures, to Liquidity Mining and earning crypto rewards through Blockfarm, check out all the ways to earn on Digitex.io here.

Commission-Free Trading

Of course, the best way to make money on Digitex.io is simply to open an account and start trading. According to a survey of our traders that we held earlier this month, using the Digitex platform can save you an average of $190 per month simply by not paying commission fees. That becomes a lot more if you’re an active swing or scalp trader using leverage to magnify your gains. And, with crypto’s insane volatility, there’s no better place to make money on the smallest of price movements.

Digitex makes it possible to carry out trading strategies that you simply can’t elsewhere. You can enter and exit trades without being penalized and keep 100% of your profit when the market goes your way. 

With our two flagship futures markets, BTCUSD and ETHUSD, and our six zero-fee spot trading pairs—DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC—place your trades, save on fees, and make money at the same time.

Liquidity Mining Rewards

While saving yourself from paying punishing fees, you also get paid to trade thanks to our awesome Liquidity Mining program that lets traders accumulate rewards for lending liquidity to all the markets on Digitex.io. You don’t have to do anything extra to earn, as all traders are included in the program just by trading on the exchange.

How does it work? Every minute at a random time our system takes a snapshot of the order book on all our markets. It then pays out DGTX rewards to those traders whose unmatched orders are closest to the spot price at the time. Not only does this create more active markets and deeper liquidity but it lets us give you something extra for choosing to trade with us.

25 DGTX are paid out every minute to each futures market—so that’s a total of 50 DGTX per minute for both futures markets (BTCUSD and ETHUSD). You can also earn liquidity mining rewards trading on our spot markets, which takes the total to 240 DGTX across our six different spot market pairs. 

Blockfarm Yield Farming Program

Digitex users, particularly those who aren’t interested in pursuing riskier profit-making strategies like futures trading, can now earn a passive income on their crypto holdings by staking DGTX. It couldn’t be easier to earn rewards through our brand-new Blockfarm yield farming program, built right inside the Digitex.io platform.

Rather than letting your DGTX just sit in a hardware wallet, you can earn attractive rewards by staking it in your Blockfarm wallet. We’ve started the program off with ETH, which means that you stake DGTX to earn ETH rewards back. But ETH is just the first of many cryptos coming soon to this program that we hope will prove popular among our users. 

The APY you earn will vary according to the amount of DGTX staked at the time but at the moment it stands at 61%.

We hope you’re enjoying using the exchange and taking advantage of the multiple ways to earn. Please let us know if you have feedback or questions, either by hitting us up on our socials or contacting customer support, we’re always ready to help.

May 18, 2021
Digitex

Check Out All the Ways to Earn on Digitex.io

Digitex
Check Out All the Ways to Earn on Digitex.io 38

With Digitex.io now live for just over a month, we’ve been introducing more utility for the DGTX token–and more ways for you to earn while using the exchange. From zero-fee trading and capitalizing on price fluctuations trading BTC and ETH futures, to Liquidity Mining and earning crypto rewards through Blockfarm, check out all the ways to earn on Digitex.io here.

Commission-Free Trading

Of course, the best way to make money on Digitex.io is simply to open an account and start trading. According to a survey of our traders that we held earlier this month, using the Digitex platform can save you an average of $190 per month simply by not paying commission fees. That becomes a lot more if you’re an active swing or scalp trader using leverage to magnify your gains. And, with crypto’s insane volatility, there’s no better place to make money on the smallest of price movements.

Digitex makes it possible to carry out trading strategies that you simply can’t elsewhere. You can enter and exit trades without being penalized and keep 100% of your profit when the market goes your way. 

With our two flagship futures markets, BTCUSD and ETHUSD, and our six zero-fee spot trading pairs—DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC—place your trades, save on fees, and make money at the same time.

Liquidity Mining Rewards

While saving yourself from paying punishing fees, you also get paid to trade thanks to our awesome Liquidity Mining program that lets traders accumulate rewards for lending liquidity to all the markets on Digitex.io. You don’t have to do anything extra to earn, as all traders are included in the program just by trading on the exchange.

How does it work? Every minute at a random time our system takes a snapshot of the order book on all our markets. It then pays out DGTX rewards to those traders whose unmatched orders are closest to the spot price at the time. Not only does this create more active markets and deeper liquidity but it lets us give you something extra for choosing to trade with us.

25 DGTX are paid out every minute to each futures market—so that’s a total of 50 DGTX per minute for both futures markets (BTCUSD and ETHUSD). You can also earn liquidity mining rewards trading on our spot markets, which takes the total to 240 DGTX across our six different spot market pairs. 

Blockfarm Yield Farming Program

Digitex users, particularly those who aren’t interested in pursuing riskier profit-making strategies like futures trading, can now earn a passive income on their crypto holdings by staking DGTX. It couldn’t be easier to earn rewards through our brand-new Blockfarm yield farming program, built right inside the Digitex.io platform.

Rather than letting your DGTX just sit in a hardware wallet, you can earn attractive rewards by staking it in your Blockfarm wallet. We’ve started the program off with ETH, which means that you stake DGTX to earn ETH rewards back. But ETH is just the first of many cryptos coming soon to this program that we hope will prove popular among our users. 

The APY you earn will vary according to the amount of DGTX staked at the time but at the moment it stands at 61%.

We hope you’re enjoying using the exchange and taking advantage of the multiple ways to earn. Please let us know if you have feedback or questions, either by hitting us up on our socials or contacting customer support, we’re always ready to help.

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