In this demo video trading bitcoin futures on the Digitex Futures exchange, former pit trader and Digitex CEO Adam Todd explains the features that make our exchange unique and shows how easy it is to make money, racking up almost $60 in just one 20-minute session. As he says in the video, there’s a misconception about how complicated trading bitcoin futures is, but it’s actually very simple. Check it out.
Trading on Digitex Futures
Digitex Futures launched in July 2020 and particularly caters to highly aggressive short-term traders known as scalpers. With the one-click trading ladder interface that Digitex provides, when time is of the essence, it allows them to capitalize on the smallest fluctuations in price. Watching Adam trade, you can see that what he says is true: you really don’t need to know anything about the underlying asset (in this case, Bitcoin) or the mechanics of cryptocurrencies. You simply need to follow the price action.
He starts out the session by giving viewers an overview of the ladder, saying that in the middle of the ladder, traders can see the price of Bitcoin and on the left and right, the number of contracts that they want to buy or sell. He shows how simple it is to select contracts, and trade with minimal effort:
“So basically, it’s one click to buy, one click to sell, and my mouse never moves out of this area ever again for the rest of the session,” he says.
In this video clip, you can also observe the sophistication and attention to detail of the interface as Adam trades with Digitex’s signature purple and blue colors. However, Digitex is customizable in four different color themes including traditional green and red to suit the preferences of all traders.
Adam says, “it’s very easy, you can trade for 15 minutes, 20 minutes, and just grind out those single-tick profits.” That’s because scalping, unlike other forms of trading, doesn’t require you to assume high risk or take out a large position. Scalpers aim to accumulate small profits over time. So, $60 may not seem like much in the grand scheme of things, but we’re talking about a session of under 20 minutes. Just think how much money you could make trading bitcoin futures this way as you accumulate small profits over time.
Trading with No Commissions
The real beauty of the exchange beyond this intuitive interface is the fact that there are no commissions. This is what really allows this type of trading to be viable since commission fees eat into the profits of traders on every other platform, sometimes even turning a winning trade into a losing one.
On Digitex, you can trade over and over to your heart’s content without ever paying a single fee. You get to keep 100% of the profits you make.
Watching the video as Adam trades gives a real taste for what it’s like to trade, placing your full concentration on the price movement as he aggressively seeks out single-tick profits. Watch as his orders get filled and he makes profits, losses, and scratch trades in real-time. See how fast-paced trading is on the DFE as he holds on to a position for sometimes only seconds before selling.
He points out several times that you don’t need to know anything about cryptocurrencies to successfully trade on the DFE. He admits that he himself hasn’t “got a clue what Bitcoin is doing right now. There are zero fundamentals to my trading.” He emphasizes that he is just trying to buy low and sell high. Again, you don’t need to know anything at all about BTC, simply keep your eye on the price action to be successful.
Adam finishes the session up by 1501 DGTX, or roughly $60, and says that the key thing he wants you to take away from it is that he uses no fundamental whatsoever, so it could have been BTC, ETH, or even gold, the strategy is the same. “Scalping is the way forward, “he says, “zero-fee trading is very easy.”
Sign-up on the Digitex Futures exchange today and easily start making money!