It’s been a busy week for Digitex so far–and we hope you’re pleased with the progress! In today’s blog post, we’re going to take a closer look at our latest upgrade and all the new functionality and improvements you can find on Digitex. From our brand-new yield farming platform to the new internal transfer feature allowing users to instant-send crypto via email. Check out what we’ve added below.
Send Crypto with Zero Fees by Email
One of the most exciting features of our latest upgrade is that it lets users send crypto instantly and with zero fees over email. How does it work? When sending crypto to any user on the Digitex exchange, they will receive your email with a confirmation link. Once they click on the link, they will be redirected to their account to retrieve the funds.
You can send crypto to people who aren’t existing Digitex users as well. Once they receive your email, all they have to do is click on the confirmation link. They will be redirected to the Digitex platform where they simply need to set up a password to retrieve their funds. If for any reason the user doesn’t click on the link within three days, it will expire and the money will be returned to the sender.
This upgrade makes sending crypto simple and fast and is a great way of telling your friends about Digitex and onboarding new users at the same time. Plus, you can use this feature to save on the sky-high gas fees.
Earn ETH Rewards with Blockfarm Yield Farming Platform
We’re especially excited about our new yield farming platform, Blockfarm, as it provides a lot more utility for the DGTX token and allows holders to earn rewards in different cryptocurrencies starting with ETH. If you missed yesterday’s blog post, you can read more about earning crypto rewards with Blockfarm here.
So far, the community sentiment has been extremely positive and we’ve been hearing great things about the program. We’ll be gathering more feedback over the weekend to share with you next week. And don’t forget, the ETH rewards program is the first of many to come. We’ll be adding plenty of other trending altcoins soon. Regular Digitex trader Marcus comments, “Overall, Blockfarm is a great and highly needed addition for the DGTX ecosystem.”
It’s kicking off tomorrow but you can get ahead now by completing a simple KYC check. Why KYC? We know that most of you find this annoying, but unfortunately, we need a barrier to prevent US citizens from using the exchange. As Adam explains, “We block US traffic to the exchange but we understand that users can use VPN, so this is an extra measure.” As part of our continued effort to prevent US people from using the exchange, we will also be adding a quick KYC-check to the Converter next week as well.
Navigate the Exchange Even Easier
We have also upgraded our UI once again to make navigation even easier. Thanks to our new drop-down menu you can now customize the interface to suit you and remove or ‘drag and drop’ the market you want active on your top menu. It makes for a really intuitive and personalized user experience. Enjoy!
ETH Tick Size Has Increased to $1
Finally, this week, we also increased the tick size on our ETHUSD market to $1. As Ether’s price has risen so much lately, trading with a small tick size of $0.25 makes for a poor user experience with the price jumping off the top and bottom of the page especially during periods of high volatility. Increasing the tick size will create a better trading experience. Let us know what you think! We understand that it may be a bit of a change, but try it out and give us your honest feedback, we’re always ready to listen and improve.
We hope you’re enjoying the latest upgrades to the platform. Don’t forget that ETH yield farming kicks off tomorrow. So, prestake now so you don’t miss it when it starts at 12:00 UTC. There’s a total of $50,000 worth of ETH rewards to be won during the first 30 days, so be sure to take advantage!