Market Makers

Monday Madness — Market Makers Will Lose 1 Million DGTX in 24 Hours

Trading
• Digitex
October 4, 2020

If you’ve been thinking about trading on the DFE lately, there’s never been a better time. This Monday, for 24 hours only, our automated market makers will lose a staggering total of 1 million DGTX. All the market makers on our new $1 tick size BTC/USD futures market will be programmed to lose during our “Monday Madness” campaign which kicks off at 14:00 UTC on Monday, October 5, 2020, and ends at 14:00 UTC on Tuesday, October 6, 2020.

Monday Madness – What’s In It for Traders?

With the market makers programmed to lose so much DGTX in a short space of time, all traders’ orders on the DFE will be easily filled in this ultra-liquid market. This will be a true scalpers’ paradise in which many more traders will win serious funds. So, what’s the reason behind this decision?

We’ve always said that we want to create more winning traders on the Digitex exchange and, after such a bumpy ride last week with the unexpected exchange outage and the unfortunate KuCoin hack (which, rest assured, we are still working on to bring to an adequate resolution), we wanted to start out next week on a better foot, give back to our traders and let them know how much we value them.

For the purpose of transparency, Adam will be sharing his screenshots of his PnL in our Telegram group as the day progresses to show exactly how much has been lost by the market makers–and how much has been won by traders. This is a fun, impromptu promotion, which will last for 24 hours only and we invite ALL our traders to participate.

See you there soon! If you have any additional questions, please connect with our admins in Telegram or via our 24/7 live chat feature and we’ll answer them for you there.

October 4, 2020
Trading

Monday Madness — Market Makers Will Lose 1 Million DGTX in 24 Hours

Digitex
Market Makers

If you’ve been thinking about trading on the DFE lately, there’s never been a better time. This Monday, for 24 hours only, our automated market makers will lose a staggering total of 1 million DGTX. All the market makers on our new $1 tick size BTC/USD futures market will be programmed to lose during our “Monday Madness” campaign which kicks off at 14:00 UTC on Monday, October 5, 2020, and ends at 14:00 UTC on Tuesday, October 6, 2020.

Monday Madness – What’s In It for Traders?

With the market makers programmed to lose so much DGTX in a short space of time, all traders’ orders on the DFE will be easily filled in this ultra-liquid market. This will be a true scalpers’ paradise in which many more traders will win serious funds. So, what’s the reason behind this decision?

We’ve always said that we want to create more winning traders on the Digitex exchange and, after such a bumpy ride last week with the unexpected exchange outage and the unfortunate KuCoin hack (which, rest assured, we are still working on to bring to an adequate resolution), we wanted to start out next week on a better foot, give back to our traders and let them know how much we value them.

For the purpose of transparency, Adam will be sharing his screenshots of his PnL in our Telegram group as the day progresses to show exactly how much has been lost by the market makers–and how much has been won by traders. This is a fun, impromptu promotion, which will last for 24 hours only and we invite ALL our traders to participate.

See you there soon! If you have any additional questions, please connect with our admins in Telegram or via our 24/7 live chat feature and we’ll answer them for you there.

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