digitex

Digitex Community – Your Latest Questions Answered

Digitex
• Digitex
May 3, 2021

What a start to the week! With Ether blasting its way to a massive new all-time-high above $3K and Bitcoin making some serious moves as well, don’t miss out on the action trading commission-free on Digitex.io. But first, be sure to check out this article in which we go over all your latest feedback and answer your most burning questions. 

Q. Any news about the trading bots or partnership with existing bots?

A. Going through the community’s feedback, one of the questions that’s come up a few times is about trading bots. We know that you’re really looking forward to using our bots to enhance your zero-fee strategies, and would even like to deploy existing bots on the platform. 

Rest assured, we are developing our user-configurable bots that will be built into our platform UI and we’ll be updating you on that soon. We’re also going to make connectors for two popular bots and will be adding support for Coinrule and Bitsgap in the future.

Q. How will the rewards with other tokens be paid? 

A. We are ironing out all the details right now and will be sharing this with you later this month once we release our yield farming program.

Q. Are experts with connections and crypto history being hired? 

A. Good question! Yes, of course! In fact, if you visit the exchange and start trading, you’ll already notice how smooth and robust our technology is and, with all the programs that will be slowly getting released throughout the year, no amateur would be able to pull that off! What we’ve already built and what’s to come requires the best talent all working together. We’re proud of the team we’ve built so far and are most definitely on the right track for Digitex now. 

Q. Why do you need to mint so many tokens?

A. We understand your concerns and we plan to offset the minting by introducing new utilities that will gradually create more demand for DGTX. Please, just bear with us, as everything takes time and we have plenty more exciting plans in store for you.

Q. Digitex is not as transparent as it should be. Wallets are not public, and we don’t know what the tokens are for. How will you fix this?

A. This is a valid point. Transparency  especially for the crypto audience — is very important. We can certainly consider introducing a webpage to track all our tokens’ activities. Basically, we’re open to suggestions and are strongly in favor of doing anything to support building trust and confidence.

Q. When will the mobile app be ready?

A. Our mobile app is being developed right now with a dedicated in-house team. We’ve spent a good amount of time researching the top exchanges to understand how to give our app a competitive edge. Traditionally, exchanges require lots of tools, so the mobile version will be stripped down with a lot of those key features.

Yet, since mobile traffic is huge, the app will still give us a great opportunity to reach this audience. It’s roadmapped for this year but we don’t have a release date for you yet. Just know that when we do release it, it will be the best possible quality. 

Q. Why will you not make a stablecoin?

A. We attempted this last year as you all recall. The stablecoin is excellent in theory. But, in reality, it’s a very complex system and we were nowhere near production-ready. In order for us to release all the products and features we have roadmapped, we have realized that the key is to do one thing at a time, to ensure quality and execution.

This year, we’ve made an internal priority list, and we’ve reorganized our team. We now have a very strong team of developers and project managers to make sure we release high quality products. So to answer your question, we’ve put the stablecoin on the sideline because we have many other things that need to be done first. 

We’ve improved our UI/UX, we’ve released the spot exchange, and there’s a lot more coming… but one thing at a time! We’re definitely listening to you and we haven’t abandoned the idea, but we will reevaluate the stablecoin concept at a later date. 

That’s it for now, we hope that we’ve covered your questions here. Be sure to hit us up on our socials if not or directly on our site through our live chat function. And… don’t miss out on the wild volatility while getting paid to trade on Digitex.io. It looks set to be an interesting week!

May 3, 2021
Digitex

Digitex Community – Your Latest Questions Answered

Digitex
digitex

What a start to the week! With Ether blasting its way to a massive new all-time-high above $3K and Bitcoin making some serious moves as well, don’t miss out on the action trading commission-free on Digitex.io. But first, be sure to check out this article in which we go over all your latest feedback and answer your most burning questions. 

Q. Any news about the trading bots or partnership with existing bots?

A. Going through the community’s feedback, one of the questions that’s come up a few times is about trading bots. We know that you’re really looking forward to using our bots to enhance your zero-fee strategies, and would even like to deploy existing bots on the platform. 

Rest assured, we are developing our user-configurable bots that will be built into our platform UI and we’ll be updating you on that soon. We’re also going to make connectors for two popular bots and will be adding support for Coinrule and Bitsgap in the future.

Q. How will the rewards with other tokens be paid? 

A. We are ironing out all the details right now and will be sharing this with you later this month once we release our yield farming program.

Q. Are experts with connections and crypto history being hired? 

A. Good question! Yes, of course! In fact, if you visit the exchange and start trading, you’ll already notice how smooth and robust our technology is and, with all the programs that will be slowly getting released throughout the year, no amateur would be able to pull that off! What we’ve already built and what’s to come requires the best talent all working together. We’re proud of the team we’ve built so far and are most definitely on the right track for Digitex now. 

Q. Why do you need to mint so many tokens?

A. We understand your concerns and we plan to offset the minting by introducing new utilities that will gradually create more demand for DGTX. Please, just bear with us, as everything takes time and we have plenty more exciting plans in store for you.

Q. Digitex is not as transparent as it should be. Wallets are not public, and we don’t know what the tokens are for. How will you fix this?

A. This is a valid point. Transparency  especially for the crypto audience — is very important. We can certainly consider introducing a webpage to track all our tokens’ activities. Basically, we’re open to suggestions and are strongly in favor of doing anything to support building trust and confidence.

Q. When will the mobile app be ready?

A. Our mobile app is being developed right now with a dedicated in-house team. We’ve spent a good amount of time researching the top exchanges to understand how to give our app a competitive edge. Traditionally, exchanges require lots of tools, so the mobile version will be stripped down with a lot of those key features.

Yet, since mobile traffic is huge, the app will still give us a great opportunity to reach this audience. It’s roadmapped for this year but we don’t have a release date for you yet. Just know that when we do release it, it will be the best possible quality. 

Q. Why will you not make a stablecoin?

A. We attempted this last year as you all recall. The stablecoin is excellent in theory. But, in reality, it’s a very complex system and we were nowhere near production-ready. In order for us to release all the products and features we have roadmapped, we have realized that the key is to do one thing at a time, to ensure quality and execution.

This year, we’ve made an internal priority list, and we’ve reorganized our team. We now have a very strong team of developers and project managers to make sure we release high quality products. So to answer your question, we’ve put the stablecoin on the sideline because we have many other things that need to be done first. 

We’ve improved our UI/UX, we’ve released the spot exchange, and there’s a lot more coming… but one thing at a time! We’re definitely listening to you and we haven’t abandoned the idea, but we will reevaluate the stablecoin concept at a later date. 

That’s it for now, we hope that we’ve covered your questions here. Be sure to hit us up on our socials if not or directly on our site through our live chat function. And… don’t miss out on the wild volatility while getting paid to trade on Digitex.io. It looks set to be an interesting week!

Latest News

4 Ways to Benefit From Zero-Fee Spot Trading on Digitex 1

4 Ways to Benefit From Zero-Fee Spot Trading on Digitex

Digitex
Trading
• Digitex
April 30, 2021

Thanks to our latest upgrade on April 15, Digitex traders can enjoy a commission-free crypto trading experience on the spot market.

In this article, we outline the top four ways you can benefit from zero-fee digital asset trading on Digitex’s new spot exchange. Let’s take a look.

1. Increased Profits

Fees are among the worst enemies of traders as they take away a portion of their hard-earned profits.

For example, if an exchange charges 1.5% for crypto trades, you lose $15 when you purchase $1,000 worth of Bitcoin.

And, after you sell your BTC at $1,500 to make a profit, you will pay another $22.50 in commissions.

As a result, you make $37.50 less profits than without fees, with commissions eating up nearly 7.3% of your earnings (you would earn $515 without trading costs instead of $477.5).

This is the exact reason we have introduced zero-fee trading on both the Digitex futures and spot exchanges.

Without commissions or any other hidden costs, traders can take home 100% of their profits, which they can choose to use to multiply their earnings via compounding interest.

2. Better Chances of Winning Trades

No matter how negligible trading fees are on a crypto exchange, they will always decrease your chances of winning trades when they are present.

As you are entering every trade with a loss, the price of the asset you are holding has to climb up higher than usual to compensate for the amount trading fees took away.

While this issue becomes more significant when you trade Bitcoin with leverage on the futures market, it also has a negative impact on spot traders.

For high-frequency traders utilizing short-term crypto trading strategies like scalping, trading fees pose a great problem as they limit the opportunities traders have to quickly enter and exit trades to make quick profits.

3. Get DGTX Directly to Trade Crypto Futures

Zero-fee trading on Digitex’s Bitcoin futures exchange is achieved by denominating account balances in DGTX and using the platform’s native token to pay out profits and losses as well.

For that reason, Digitex traders have to stock up on DGTX before they can trade cryptocurrency futures on the platform.

However, for a long time, our users had to use third-party services to get the DGTX they needed for trading.

But now, with the launch of our new spot exchange, traders can purchase DGTX directly from us with zero-fee, instant transactions.

Check out this page to buy DGTX for trading Bitcoin, Ethereum, or USDC in only a few seconds.

4. Free Withdrawals

Withdrawal fees are often the caveat of many spot cryptocurrency exchanges in the industry.

While some providers offer low commissions for trading digital assets, they charge excessively high costs for withdrawing coins to other services.

As a result, even though they entered profitable positions, traders face decreased earnings or even losses due to the high costs of withdrawals.

To avoid a scenario like the above, Digitex introduced zero withdrawal fees on both its futures and spot exchanges.

This way, you are free to move your hard-earned profits and the coins you have just bought to external wallets or other services without spending a dime on transaction fees on Digitex.

Trade Crypto on the Digitex Spot Exchange With Zero Fees

With the new zero-fee Digitex spot exchange, you benefit from more profits, increased chances of winning trades, free withdrawals, as well as commission-free and instant DGTX trades.

As a result, while you don’t have to stress about fees eating up your profits, your ROI is enhanced as you keep 100% of what you have rightfully earned while trading crypto on Digitex.

Sounds amazing, right?

Create an account to trade crypto with zero fees on the Digitex spot exchange!

 

April 30, 2021
Digitex
Trading

4 Ways to Benefit From Zero-Fee Spot Trading on Digitex

Digitex
4 Ways to Benefit From Zero-Fee Spot Trading on Digitex 2

Thanks to our latest upgrade on April 15, Digitex traders can enjoy a commission-free crypto trading experience on the spot market.

In this article, we outline the top four ways you can benefit from zero-fee digital asset trading on Digitex’s new spot exchange. Let’s take a look.

1. Increased Profits

Fees are among the worst enemies of traders as they take away a portion of their hard-earned profits.

For example, if an exchange charges 1.5% for crypto trades, you lose $15 when you purchase $1,000 worth of Bitcoin.

And, after you sell your BTC at $1,500 to make a profit, you will pay another $22.50 in commissions.

As a result, you make $37.50 less profits than without fees, with commissions eating up nearly 7.3% of your earnings (you would earn $515 without trading costs instead of $477.5).

This is the exact reason we have introduced zero-fee trading on both the Digitex futures and spot exchanges.

Without commissions or any other hidden costs, traders can take home 100% of their profits, which they can choose to use to multiply their earnings via compounding interest.

2. Better Chances of Winning Trades

No matter how negligible trading fees are on a crypto exchange, they will always decrease your chances of winning trades when they are present.

As you are entering every trade with a loss, the price of the asset you are holding has to climb up higher than usual to compensate for the amount trading fees took away.

While this issue becomes more significant when you trade Bitcoin with leverage on the futures market, it also has a negative impact on spot traders.

For high-frequency traders utilizing short-term crypto trading strategies like scalping, trading fees pose a great problem as they limit the opportunities traders have to quickly enter and exit trades to make quick profits.

3. Get DGTX Directly to Trade Crypto Futures

Zero-fee trading on Digitex’s Bitcoin futures exchange is achieved by denominating account balances in DGTX and using the platform’s native token to pay out profits and losses as well.

For that reason, Digitex traders have to stock up on DGTX before they can trade cryptocurrency futures on the platform.

However, for a long time, our users had to use third-party services to get the DGTX they needed for trading.

But now, with the launch of our new spot exchange, traders can purchase DGTX directly from us with zero-fee, instant transactions.

Check out this page to buy DGTX for trading Bitcoin, Ethereum, or USDC in only a few seconds.

4. Free Withdrawals

Withdrawal fees are often the caveat of many spot cryptocurrency exchanges in the industry.

While some providers offer low commissions for trading digital assets, they charge excessively high costs for withdrawing coins to other services.

As a result, even though they entered profitable positions, traders face decreased earnings or even losses due to the high costs of withdrawals.

To avoid a scenario like the above, Digitex introduced zero withdrawal fees on both its futures and spot exchanges.

This way, you are free to move your hard-earned profits and the coins you have just bought to external wallets or other services without spending a dime on transaction fees on Digitex.

Trade Crypto on the Digitex Spot Exchange With Zero Fees

With the new zero-fee Digitex spot exchange, you benefit from more profits, increased chances of winning trades, free withdrawals, as well as commission-free and instant DGTX trades.

As a result, while you don’t have to stress about fees eating up your profits, your ROI is enhanced as you keep 100% of what you have rightfully earned while trading crypto on Digitex.

Sounds amazing, right?

Create an account to trade crypto with zero fees on the Digitex spot exchange!

 

Latest News

Crypto

What Cryptocurrencies Are Available to Buy and Sell on Digitex?

Digitex
Cryptocurrency
• Digitex
April 26, 2021

Since our mainnet launch, Digitex has operated as a Bitcoin derivatives exchange allowing users to buy and sell cryptocurrency futures contracts without any trading fees.

However, as part of Digitex’s evolution, we rolled out our spot exchange last week to provide an optimized trading experience to all traders on the platform.

As a result, you can now enjoy a zero-fee crypto trading experience for digital asset pairs on both the spot and derivatives markets.

In this upgrade, we have also expanded our list with new trading pairs, which means you can now gain exposure to more digital assets on Digitex.

We have collected all the cryptocurrencies you can trade on the next-generation Digitex trading platform in this article. Check them out below.

Bitcoin (BTC)

Rank: 1st

Market capitalization: $1.059 trillion

YTD ROI: +96.45%

Launched in 2009 by the anonymous Satoshi Nakamoto, Bitcoin is the first cryptocurrency ever created and also the largest by market cap.

Created in the aftermath of the 2007-2008 financial crisis, Bitcoin features a peer-to-peer (P2P) electronic cash system that allows users to hold, receive, and send cryptocurrency without any intermediaries, according to the original BTC whitepaper.

That said, due to its limited supply and the deflationary mechanism that cuts the newly mined BTC supply in half every four years, Bitcoin also serves as an excellent store of value.

On Digitex, you can gain exposure to both spot market and Bitcoin derivatives trading pairs:

  • DGTX/BTC (spot)
  • ETH/BTC (spot)
  • BTC/USDC (spot)
  • BTC/USD (futures)

Ethereum (ETH)

Rank: 2nd

Market capitalization: $257 billion

YTD ROI: +201.87%

Launched in July 2015, Ethereum has introduced smart contracts – self-executing digital agreements between two or more parties – to the digital asset industry.

As a result, developers can program, deploy, and run their own decentralized applications (DApps) as well as create tokens and launch Initial Coin Offerings (ICOs) on top of the Ethereum blockchain.

For these reasons, Ethereum has been among the most active blockchain networks on the market that facilitated the ICO, decentralized finance (DeFi), and non-fungible token (NFT) booms.

You can trade ETH via the following trading pairs on Digitex:

  • DGTX/ETH (spot)
  • ETH/BTC (spot)
  • ETH/USDC (spot)
  • ETH/USD (futures)

USDC

Rank: 15th

Market capitalization: $11.3 billion

USDC is a stablecoin with a 1:1 peg to the USD’s value.

For that reason, while non-stablecoin cryptocurrencies often experience high levels of volatility with extreme price swings, USDC is able to maintain a relatively stable value.

This allows USDC to retain most of the benefits of cryptocurrencies – such as P2P transfers, cost-efficient fees, and fast transactions – while offering users the ability to trade digital asset pairs without exchanging their funds into fiat currencies.

Launched as the project of the global technology firm Circle, USDC quickly became the second-largest stablecoin by market capitalization just after Tether (USDT).

Digitex offers users the following USDC-based trading pairs on its platform:

  • DGTX/USDC (spot)
  • BTC/USDC (spot)
  • ETH/USDC (spot)

DGTX

Rank: 883rd

Market capitalization: $16.4 million

YTD ROI: +63.28%

DGTX is the native exchange token of the revolutionary crypto trading platform Digitex.

Since raising $5.2 million in 17 minutes during the Digitex token sale in January 2018, DGTX has played a vital role in our ecosystem.

DGTX is the cryptocurrency that allows our users to benefit from zero-fee crypto trading while powering the Digitex liquidity mining and DGTX rewards programs, which both offer traders new ways to earn crypto.

Thanks to our new spot exchange, you can now buy and sell DGTX without using third-party services. We offer traders the following DGTX trading pairs on Digitex:

  • DGTX/BTC (spot)
  • DGTX/ETH (spot)
  • DGTX/USDC (spot)

Enjoy Commission-Free Crypto Trading on Digitex

By introducing our new spot exchange, Digitex users can now trade an increased number of cryptocurrency pairs without any fees.

In addition to the ones currently offered on the exchange platform, we will be gradually adding new trading pairs based on demand and user feedback.

In the meantime, be sure to test your crypto trading strategies on the Digitex spot market.

And don’t forget to grab some DGTX instantly for USDC, ETH, or BTC via our digital asset exchange platform.

April 26, 2021
Digitex
Cryptocurrency

What Cryptocurrencies Are Available to Buy and Sell on Digitex?

Digitex
Crypto

Since our mainnet launch, Digitex has operated as a Bitcoin derivatives exchange allowing users to buy and sell cryptocurrency futures contracts without any trading fees.

However, as part of Digitex’s evolution, we rolled out our spot exchange last week to provide an optimized trading experience to all traders on the platform.

As a result, you can now enjoy a zero-fee crypto trading experience for digital asset pairs on both the spot and derivatives markets.

In this upgrade, we have also expanded our list with new trading pairs, which means you can now gain exposure to more digital assets on Digitex.

We have collected all the cryptocurrencies you can trade on the next-generation Digitex trading platform in this article. Check them out below.

Bitcoin (BTC)

Rank: 1st

Market capitalization: $1.059 trillion

YTD ROI: +96.45%

Launched in 2009 by the anonymous Satoshi Nakamoto, Bitcoin is the first cryptocurrency ever created and also the largest by market cap.

Created in the aftermath of the 2007-2008 financial crisis, Bitcoin features a peer-to-peer (P2P) electronic cash system that allows users to hold, receive, and send cryptocurrency without any intermediaries, according to the original BTC whitepaper.

That said, due to its limited supply and the deflationary mechanism that cuts the newly mined BTC supply in half every four years, Bitcoin also serves as an excellent store of value.

On Digitex, you can gain exposure to both spot market and Bitcoin derivatives trading pairs:

  • DGTX/BTC (spot)
  • ETH/BTC (spot)
  • BTC/USDC (spot)
  • BTC/USD (futures)

Ethereum (ETH)

Rank: 2nd

Market capitalization: $257 billion

YTD ROI: +201.87%

Launched in July 2015, Ethereum has introduced smart contracts – self-executing digital agreements between two or more parties – to the digital asset industry.

As a result, developers can program, deploy, and run their own decentralized applications (DApps) as well as create tokens and launch Initial Coin Offerings (ICOs) on top of the Ethereum blockchain.

For these reasons, Ethereum has been among the most active blockchain networks on the market that facilitated the ICO, decentralized finance (DeFi), and non-fungible token (NFT) booms.

You can trade ETH via the following trading pairs on Digitex:

  • DGTX/ETH (spot)
  • ETH/BTC (spot)
  • ETH/USDC (spot)
  • ETH/USD (futures)

USDC

Rank: 15th

Market capitalization: $11.3 billion

USDC is a stablecoin with a 1:1 peg to the USD’s value.

For that reason, while non-stablecoin cryptocurrencies often experience high levels of volatility with extreme price swings, USDC is able to maintain a relatively stable value.

This allows USDC to retain most of the benefits of cryptocurrencies – such as P2P transfers, cost-efficient fees, and fast transactions – while offering users the ability to trade digital asset pairs without exchanging their funds into fiat currencies.

Launched as the project of the global technology firm Circle, USDC quickly became the second-largest stablecoin by market capitalization just after Tether (USDT).

Digitex offers users the following USDC-based trading pairs on its platform:

  • DGTX/USDC (spot)
  • BTC/USDC (spot)
  • ETH/USDC (spot)

DGTX

Rank: 883rd

Market capitalization: $16.4 million

YTD ROI: +63.28%

DGTX is the native exchange token of the revolutionary crypto trading platform Digitex.

Since raising $5.2 million in 17 minutes during the Digitex token sale in January 2018, DGTX has played a vital role in our ecosystem.

DGTX is the cryptocurrency that allows our users to benefit from zero-fee crypto trading while powering the Digitex liquidity mining and DGTX rewards programs, which both offer traders new ways to earn crypto.

Thanks to our new spot exchange, you can now buy and sell DGTX without using third-party services. We offer traders the following DGTX trading pairs on Digitex:

  • DGTX/BTC (spot)
  • DGTX/ETH (spot)
  • DGTX/USDC (spot)

Enjoy Commission-Free Crypto Trading on Digitex

By introducing our new spot exchange, Digitex users can now trade an increased number of cryptocurrency pairs without any fees.

In addition to the ones currently offered on the exchange platform, we will be gradually adding new trading pairs based on demand and user feedback.

In the meantime, be sure to test your crypto trading strategies on the Digitex spot market.

And don’t forget to grab some DGTX instantly for USDC, ETH, or BTC via our digital asset exchange platform.

Latest News

DGTX: Your Gateway to Free Trading 3

DGTX: Your Gateway to Free Trading

Digitex Futures
Trading
• Christina Comben
September 21, 2019

There are more than 500 cryptocurrency exchanges out there with more and more cropping up all the time. There are also plenty of new entrants in the cryptocurrency derivatives space. Amid rising competition and a BTC futures market set to get parabolic, many people ask why we need another crypto futures exchange. Well, the answer is because Digitex is not just another crypto futures exchange and DGTX is not just another exchange token! Read on to find out more.
Continue reading

September 21, 2019
Digitex Futures
Trading

DGTX: Your Gateway to Free Trading

Christina Comben
DGTX: Your Gateway to Free Trading 4

There are more than 500 cryptocurrency exchanges out there with more and more cropping up all the time. There are also plenty of new entrants in the cryptocurrency derivatives space. Amid rising competition and a BTC futures market set to get parabolic, many people ask why we need another crypto futures exchange. Well, the answer is because Digitex is not just another crypto futures exchange and DGTX is not just another exchange token! Read on to find out more.
Continue reading

Latest News

Digitex's Decentralized Exchange (DEX) Head Researcher, Petr Korolev 5

Digitex’s Decentralized Exchange (DEX) Head Researcher, Petr Korolev

Blockchain
Digitex Futures
• admin
August 19, 2019

Petr Korolev of Matter Labs is working closely with Digitex developers SmartDec on the build of Digitex’s decentralized futures trading platform. Petre took some time out of his busy schedule to talk to us about scaling challenges, hackathons and why there’s always plenty to do in the blockchain development space. 
Q: Petr, tell us about yourself and your company. What’s your relationship with SmartDec and the development of the Digitex futures exchange? 
Currently, I’m working as an external expert and partner in close cooperation with SmartDec. I’m the co-founder of Matter Labs, so our chosen name for this collaboration is “SmartMatter”. Matter Labs and SmartDec have already worked on several projects together, so our partnership is a longstanding one. 
So far, my role in the Digitex development project is working on implementing various blockchain innovations: scaling solutions, or more specifically the Plasma research, decentralized trading engines, and non-custodial storage of value. 
I was impressed by the ideas Digitex is bringing to the space, which make use of these innovations. The exchange offers exciting technical development opportunities within the blockchain space. It’s interesting for me to participate and contribute to this process. 
Q: How and why did you get into Ethereum? What makes it so appealing to you?
I have been working in IT for the last 12 years, covering everything from low-level ASM-programming of microprocessors at Intel to advanced machine learning techniques.
In the last 5 years, my focus shifted to fintech and the information security area, which naturally led into the blockchain space. I find it fascinating because blockchain is still new, so from a technical perspective, there are always intriguing problems to work on. It’s an excellent opportunity to solve challenges that nobody has faced before. You are working not as a developer in the more traditional sense, but more like a pioneer and innovator in this field. That’s why I find this area really exciting.
Q: How did you become a researcher into Ethereum’s scaling solutions and what are you working on?
Scalable blockchains are in high demand. So, as someone who does research and development on decentralized systems, it’s inevitable that I’ve come to work on scaling solutions. Moreover, I work a lot on open-source development, participating in ETHackathons. The topic of scaling solutions is everywhere in the community — it’s time to #buidl real tools. 
Let me make a comparison between the mobile and blockchain industries. Blockchain now is at the early stage of its evolution. Although Bitcoin has just recently celebrated its 10th anniversary, the current progress of the blockchain area is similar to the smartphone industry in 2012. 
At that time, it was new technology – there were no precedents or instruction manuals. Developers had to create all kinds of frameworks and fix technical gaps like smooth scrolling, quick search and figure out how to fetch a massive amount of data via mobile networks. Many of these solutions have now become industry standards.
The same things are happening in the blockchain area now. Developers are being challenged to come up with new ideas related to privacy and scaling solutions, as well as with UI/UX. So that’s what I’m working on now. 
And that’s what we’re doing with the SmartDec team – implementing cutting-edge technologies into Digitex futures. On the one hand, we provide a user-friendly interface that hides the complexity of blockchain under the hood. On the other hand, we offer a solution to guarantee the safety of your funds with secure cryptography solutions.
Q: Why you do see Digitex a practical use case for this technology?
Scalability is the number one limitation problem of blockchain. It is not as easy as it sounds to manage a high number of transactions and to do it fast. All this is a primary demand for any exchange that wants to be competitive and attractive, and Digitex is no different. Scaling solutions provide the answer to a possible high capacity of the exchange’s blockchain platform, processing transactions in the network.
Q: What does a typical day look like to you (is there such a thing?!)
I have some rituals in my daily life, like morning yoga and meditation. Usually, I try to plan my day in advance, but we are all humans, and not always everything in life can be scheduled! Most of my time in the working day is dedicated to meetings and to the research itself; coding, researching previous articles and implementations, explore open-source toolsets, that kind of thing. 
Q: What do you love most about your job?
I like that every situation is unique and every time you need to find some new solution. There’s no standard answer or technology for all issues and questions. This always motivates me to make sure I’m on the inside of the industry, know everything I can about the market and competitors, and increase my knowledge so I can provide relevant and competitive solutions. 
Q: What is the most challenging part?
That’s difficult to say when your job is also your passion! In comparison to traditional development, it’s hard to predict and guarantee any results in blockchain. It’s challenging that you never know if some solution or initiative you’re working on will ever work, or be delivered to the market. 
Sometimes it might be a massive amount of information or no information at all for the research, sometimes it might be deadlines. Other times it is just hard to go to sleep when you’ve come across a problem that doesn’t yet have a solution, and your brain won’t stop thinking about it!
Q: You’ve won six out of seven hackathons. That’s pretty impressive! What was your favorite one, and what did it involve?
First, I would like to say that hackathons are always about the collaboration between teammates, mentors and other people involved. I’m happy to have worked with awesome teammates who made it happen.
It started in 2017 when I went to the most significant blockchain hackathon in Russia. It was the first time when I decided to code something blockchain-related. I got the main stage prize directly from Vitalik. That’s how it started.
My favorite hackathon projects are mobile smart-contract interactions (that was later named web3swift), Pyromania, and zDai. Pyromania was the winner of ETHParis 2019, main stage and two sponsors Prizes. zDai.io was the winner of ETHDenver 2019, main stage and three sponsor prizes. Web3swift was the winner of ETHDenver 2018.
Q: How do you see the whole space evolving over the next 5-10 years?
Would you have imagined five or ten years ago that we’ll now be talking about Ethereum, scaling, and cryptocurrencies? I’d guess that the answer will be “no” for most people! 
So, our world and industry are changing so fast that it’s hard to predict anything. I know one thing for sure: it doesn’t matter what I will be doing in 5-10 years, but I will do it for the benefit of people by protecting digital values: personal financial freedom and human right to preserve privacy. That’s the main goal that I’m pursuing.
Q: What do you do when you’re not at your keyboard?
Usually, I’m on my phone, haha! Just what ordinary people do – spending time with family, friends, doing sports. At one time, I was a workaholic but then got kind of burned out, quit IT for six months, and went to the Himalayan mountains in India. Now, I stick to the idea that if you want to be successful then everything should be in balance. 
Thank you Petr, for your time talking to us, and your dedication to building the best possible platform for the decentralized Digitex Futures exchange! 
The DEX version of Digitex Futures (decentralized exchange) is in a research and development stage lead by Petr Korolev in a collaborative effort with SmartDec and other team members specializing in this space. Digitex has created a specific resource allocation to fund this research, putting Digitex at the forefront of building the DEX scalability solution. And when we do, we will be the world’s first DEX zero-fee futures exchange. 
This is an extraordinary discovery process leading to a cutting-edge product for the crypto futures trading market. Although, there is significant work ahead in this journey. Therefore, it’s most likely that we will launch a centralized Digitex Futures exchange first as the framework and engine are much closer to being production-ready, while the DEX side still has much work left ahead. This will enable us to launch our exchange, without waiting for the DEX technology to undergo the necessary further development and later, rigorous testing. 
At Digitex, we believe in delivering the best and most innovative product into the market, hence why it has taken us much longer than originally planned to release the first version of Digitex. Stay tuned for further updates as we move ever-closer to launch!

August 19, 2019
Blockchain
Digitex Futures

Digitex’s Decentralized Exchange (DEX) Head Researcher, Petr Korolev

admin
Digitex's Decentralized Exchange (DEX) Head Researcher, Petr Korolev 6

Petr Korolev of Matter Labs is working closely with Digitex developers SmartDec on the build of Digitex’s decentralized futures trading platform. Petre took some time out of his busy schedule to talk to us about scaling challenges, hackathons and why there’s always plenty to do in the blockchain development space. 
Q: Petr, tell us about yourself and your company. What’s your relationship with SmartDec and the development of the Digitex futures exchange? 
Currently, I’m working as an external expert and partner in close cooperation with SmartDec. I’m the co-founder of Matter Labs, so our chosen name for this collaboration is “SmartMatter”. Matter Labs and SmartDec have already worked on several projects together, so our partnership is a longstanding one. 
So far, my role in the Digitex development project is working on implementing various blockchain innovations: scaling solutions, or more specifically the Plasma research, decentralized trading engines, and non-custodial storage of value. 
I was impressed by the ideas Digitex is bringing to the space, which make use of these innovations. The exchange offers exciting technical development opportunities within the blockchain space. It’s interesting for me to participate and contribute to this process. 
Q: How and why did you get into Ethereum? What makes it so appealing to you?
I have been working in IT for the last 12 years, covering everything from low-level ASM-programming of microprocessors at Intel to advanced machine learning techniques.
In the last 5 years, my focus shifted to fintech and the information security area, which naturally led into the blockchain space. I find it fascinating because blockchain is still new, so from a technical perspective, there are always intriguing problems to work on. It’s an excellent opportunity to solve challenges that nobody has faced before. You are working not as a developer in the more traditional sense, but more like a pioneer and innovator in this field. That’s why I find this area really exciting.
Q: How did you become a researcher into Ethereum’s scaling solutions and what are you working on?
Scalable blockchains are in high demand. So, as someone who does research and development on decentralized systems, it’s inevitable that I’ve come to work on scaling solutions. Moreover, I work a lot on open-source development, participating in ETHackathons. The topic of scaling solutions is everywhere in the community — it’s time to #buidl real tools. 
Let me make a comparison between the mobile and blockchain industries. Blockchain now is at the early stage of its evolution. Although Bitcoin has just recently celebrated its 10th anniversary, the current progress of the blockchain area is similar to the smartphone industry in 2012. 
At that time, it was new technology – there were no precedents or instruction manuals. Developers had to create all kinds of frameworks and fix technical gaps like smooth scrolling, quick search and figure out how to fetch a massive amount of data via mobile networks. Many of these solutions have now become industry standards.
The same things are happening in the blockchain area now. Developers are being challenged to come up with new ideas related to privacy and scaling solutions, as well as with UI/UX. So that’s what I’m working on now. 
And that’s what we’re doing with the SmartDec team – implementing cutting-edge technologies into Digitex futures. On the one hand, we provide a user-friendly interface that hides the complexity of blockchain under the hood. On the other hand, we offer a solution to guarantee the safety of your funds with secure cryptography solutions.
Q: Why you do see Digitex a practical use case for this technology?
Scalability is the number one limitation problem of blockchain. It is not as easy as it sounds to manage a high number of transactions and to do it fast. All this is a primary demand for any exchange that wants to be competitive and attractive, and Digitex is no different. Scaling solutions provide the answer to a possible high capacity of the exchange’s blockchain platform, processing transactions in the network.
Q: What does a typical day look like to you (is there such a thing?!)
I have some rituals in my daily life, like morning yoga and meditation. Usually, I try to plan my day in advance, but we are all humans, and not always everything in life can be scheduled! Most of my time in the working day is dedicated to meetings and to the research itself; coding, researching previous articles and implementations, explore open-source toolsets, that kind of thing. 
Q: What do you love most about your job?
I like that every situation is unique and every time you need to find some new solution. There’s no standard answer or technology for all issues and questions. This always motivates me to make sure I’m on the inside of the industry, know everything I can about the market and competitors, and increase my knowledge so I can provide relevant and competitive solutions. 
Q: What is the most challenging part?
That’s difficult to say when your job is also your passion! In comparison to traditional development, it’s hard to predict and guarantee any results in blockchain. It’s challenging that you never know if some solution or initiative you’re working on will ever work, or be delivered to the market. 
Sometimes it might be a massive amount of information or no information at all for the research, sometimes it might be deadlines. Other times it is just hard to go to sleep when you’ve come across a problem that doesn’t yet have a solution, and your brain won’t stop thinking about it!
Q: You’ve won six out of seven hackathons. That’s pretty impressive! What was your favorite one, and what did it involve?
First, I would like to say that hackathons are always about the collaboration between teammates, mentors and other people involved. I’m happy to have worked with awesome teammates who made it happen.
It started in 2017 when I went to the most significant blockchain hackathon in Russia. It was the first time when I decided to code something blockchain-related. I got the main stage prize directly from Vitalik. That’s how it started.
My favorite hackathon projects are mobile smart-contract interactions (that was later named web3swift), Pyromania, and zDai. Pyromania was the winner of ETHParis 2019, main stage and two sponsors Prizes. zDai.io was the winner of ETHDenver 2019, main stage and three sponsor prizes. Web3swift was the winner of ETHDenver 2018.
Q: How do you see the whole space evolving over the next 5-10 years?
Would you have imagined five or ten years ago that we’ll now be talking about Ethereum, scaling, and cryptocurrencies? I’d guess that the answer will be “no” for most people! 
So, our world and industry are changing so fast that it’s hard to predict anything. I know one thing for sure: it doesn’t matter what I will be doing in 5-10 years, but I will do it for the benefit of people by protecting digital values: personal financial freedom and human right to preserve privacy. That’s the main goal that I’m pursuing.
Q: What do you do when you’re not at your keyboard?
Usually, I’m on my phone, haha! Just what ordinary people do – spending time with family, friends, doing sports. At one time, I was a workaholic but then got kind of burned out, quit IT for six months, and went to the Himalayan mountains in India. Now, I stick to the idea that if you want to be successful then everything should be in balance. 
Thank you Petr, for your time talking to us, and your dedication to building the best possible platform for the decentralized Digitex Futures exchange! 
The DEX version of Digitex Futures (decentralized exchange) is in a research and development stage lead by Petr Korolev in a collaborative effort with SmartDec and other team members specializing in this space. Digitex has created a specific resource allocation to fund this research, putting Digitex at the forefront of building the DEX scalability solution. And when we do, we will be the world’s first DEX zero-fee futures exchange. 
This is an extraordinary discovery process leading to a cutting-edge product for the crypto futures trading market. Although, there is significant work ahead in this journey. Therefore, it’s most likely that we will launch a centralized Digitex Futures exchange first as the framework and engine are much closer to being production-ready, while the DEX side still has much work left ahead. This will enable us to launch our exchange, without waiting for the DEX technology to undergo the necessary further development and later, rigorous testing. 
At Digitex, we believe in delivering the best and most innovative product into the market, hence why it has taken us much longer than originally planned to release the first version of Digitex. Stay tuned for further updates as we move ever-closer to launch!

Latest News

A Basic Guide on How to Trade Futures 7

A Basic Guide on How to Trade Futures

Digitex Futures
Trading
• Sarah Rothrie
August 1, 2019

There was a time, not too long ago, when the only way to learn how to trade futures was by throwing yourself into a trading pit and just doing it. But traders today have a much better chance of success right out of the box. Why? Because the power of the internet means that longtime traders have the platforms to share their experiences and help beginners learn to trade futures – and win. Armed with a solid futures market education, even the newest of newbies can quickly start buying and selling alongside the top futures traders. 
In this article, we’ll walk through the basics of futures contracts and why futures are an excellent option for profitable trading. We’ll also cover the various futures markets, the art of choosing a trading platform and strategy, the benefits of investing in futures, and the mistakes to avoid for profitable futures trading. 

Futures Market Education 101 – About Futures

At the most basic level, a futures contract is a simple agreement to trade an asset at a defined point in the future, for an agreed price. In the first instance, futures emerged as a means of hedging against price fluctuations in the commodities markets. The first futures contracts were based on the agricultural markets, enabling farmers and their buyers to fix prices for harvests before the growing season started and protect against later market fluctuations.
Although commodities markets are still used by traders wanting to hedge on price, modern futures markets rely heavily on speculators. Speculators don’t want to take custody of the underlying asset; instead, they trade on price fluctuations. 
The presence of speculators created the futures markets as they exist today, in which futures contracts cover all kinds of assets beyond commodities. Futures are traded against stocks, indices, foreign currencies, and most recently, cryptocurrencies. 
Futures trading use margin and leverage to enhance the opportunity for profits. By borrowing funds from a broker or an exchange, you can magnify the potential for profits, although it also increases the risk exposure if the markets go against your trade.
Available leverage can vary widely between markets. For example, in the stock markets, leverage is limited to 2x, while in forex markets, it can be significantly higher.  In cryptocurrency futures markets, you can trade with up to 100x leverage. 
If you can learn how to trade futures successfully, they offer fantastic opportunities to make big money compared to other financial products or derivatives. For example, when trading options, there is better loss protection because you pay an up-front premium on an option. However, while options may offer less risk, futures offer a far greater potential for profitability. 
So now that we know all the basics of futures, how do you decide which futures to trade? 

Markets Overview – Which Are the Best Futures to Trade? 

Obviously, deciding on the best futures to trade will depend on the trader. Choosing which markets you want to enter will mean you need to determine your risk appetite and your available resources for trading.  You’ll also need to think about how much time you have for trading each day, which includes time spent on market analysis and evaluation of your results. 
For the beginner individual investor, cryptocurrencies provide some of the best futures trading opportunities. A single BTC or ETH can be split down into tiny increments, so there are very low barriers to entry.
Digitex will be the world’s first commission-free futures trading platform, making it viable to adopt a strategy of scalping profits from multiple lower-value trades. Furthermore, crypto exchanges don’t rely on profit-siphoning brokers, although most of them with the sole exception of Digitex do charge fees. 
The cryptocurrency markets are volatile, which is bad news for long-term investors. But it’s fantastic news for short-term traders in futures contracts, who can use leverage to magnify gains from the volatility. 
Among the rest, forex futures also offer some comparable benefits to cryptocurrency futures, in that you can trade with high leverage and some currencies are volatile enough to provide significant gains. Stocks and indices tend to be far less volatile and offer lower leverage. 

Which is the Best Futures Trading Platform? 

Once you’ve decided which type of markets you want to trade, then the next step is deciding where to trade futures. Many finance websites regularly provide detailed futures trading systems review for all the major platforms. 
However, here are the major points to consider when choosing a futures trading system:

Availability of product

There’s no point in choosing a platform only to find out it doesn’t sell what you want to buy.

Fees and commissions

These will directly eat into your profits. So, the lower the fees, the better your chances of turning a profit. 

User interface

Especially for a beginner, it should be relatively intuitive and easy to use. More advanced traders may appreciate access to more charts and technical analysis tools.

Customer service 

If something goes wrong, or if you get locked out of your trading account, shoddy customer service is the difference between a good trading day and a terrible trading day. 

Security 

If the platform gets hacked, your funds may be at risk. Particularly in the cryptocurrency space, high-profile exchange hacks are all too common. Make sure your chosen exchange places the highest emphasis on fund security.
More often than not, choosing a trading platform means making a trade-off on one or more of these points. At Digitex, we are taking pride in building an exchange that excels on every single one of these criteria.
When Digitex launches, it will be the only free futures trading system where you don’t pay a per-trade commission. That alone puts it in pole position for becoming the best futures trading platform. 
But there’s lots more. Users will have access to our intuitive, one-click ladder trading interface. And we’re currently in the process of setting up a world-class back office to ensure that traders can focus on one thing – trading. 

How to Trade Futures Successfully – Mistakes to Avoid

We will soon publish a post on trading strategies and choosing the best futures trading system that goes into far more detail about specific approaches. So, until then, here are some general tips on how to day trade futures online. 

Failing to Manage Your Emotions

Trading psychology is a topic all by itself. But it’s a fact that if you don’t manage your emotions effectively, you run the risk that they’ll eventually get the better of you.
It’s natural to feel fear if you hear bad news about the markets or think it’s worth hanging onto a position to wring a few more dollars out of it. But basing trading decisions on these feelings is a sure-fire route to losing money.
To successfully day trade futures online, stick to your plan, and leave the emotions out of it. As you learn to trade futures will get easier with experience. 

Deviating from Your Plan

So you’ve created a plan, tested and tested again and now you’re on the live markets. A few losing trades in, and it’s inevitable that you’ll start to question your plan.
While it makes sense in some situations to revisit a plan, especially if new information comes in, don’t feel you need to deviate from a tried and tested plan just because the market has a wobble. If you’re confident that you’ve done your research and testing correctly, hold your nerve and stick to the plan. 

Not Protecting Yourself

If you’re trading longer-term then you should always have a stop-loss in place for every trade. Unless you’re superhuman, it’s impossible to monitor the markets at all times. Especially in the world of cryptocurrency, where trading goes on 24/7, often at a breakneck speed.
A stop-loss will mean that even if the markets perform unexpectedly, you won’t be stuck in a losing position while you’re asleep. But conversely, there’s also danger in taking your eye off the markets. 

Taking Your Eye off the Markets

Although you can’t possibly watch the markets 24/7, top futures traders always keep an eye on the big picture and stay abreast of the news. Make sure you hone your analytical skills, learn to read charts and use technical tools, and if you incorporate all of this into your trading plan, you’ll start to see more good days than bad ones. 
So hopefully, by now, you’ll feel you know enough of the basics to start planning your entry to the futures market! Being a full-time trader is demanding and it’s not always easy to develop futures trading strategies that work, but it’s incredibly rewarding. 
Only DGTX holders will be able to trade on the Digitex Futures exchange, as all trades will be denominated in DGTX tokens. You can buy tokens from one of our exchange partners, or via the Digitex Treasury. Buying from the Treasury is trustless and instant, meaning there’s no price slippage. 

August 1, 2019
Digitex Futures
Trading

A Basic Guide on How to Trade Futures

Sarah Rothrie
A Basic Guide on How to Trade Futures 8

There was a time, not too long ago, when the only way to learn how to trade futures was by throwing yourself into a trading pit and just doing it. But traders today have a much better chance of success right out of the box. Why? Because the power of the internet means that longtime traders have the platforms to share their experiences and help beginners learn to trade futures – and win. Armed with a solid futures market education, even the newest of newbies can quickly start buying and selling alongside the top futures traders. 
In this article, we’ll walk through the basics of futures contracts and why futures are an excellent option for profitable trading. We’ll also cover the various futures markets, the art of choosing a trading platform and strategy, the benefits of investing in futures, and the mistakes to avoid for profitable futures trading. 

Futures Market Education 101 – About Futures

At the most basic level, a futures contract is a simple agreement to trade an asset at a defined point in the future, for an agreed price. In the first instance, futures emerged as a means of hedging against price fluctuations in the commodities markets. The first futures contracts were based on the agricultural markets, enabling farmers and their buyers to fix prices for harvests before the growing season started and protect against later market fluctuations.
Although commodities markets are still used by traders wanting to hedge on price, modern futures markets rely heavily on speculators. Speculators don’t want to take custody of the underlying asset; instead, they trade on price fluctuations. 
The presence of speculators created the futures markets as they exist today, in which futures contracts cover all kinds of assets beyond commodities. Futures are traded against stocks, indices, foreign currencies, and most recently, cryptocurrencies. 
Futures trading use margin and leverage to enhance the opportunity for profits. By borrowing funds from a broker or an exchange, you can magnify the potential for profits, although it also increases the risk exposure if the markets go against your trade.
Available leverage can vary widely between markets. For example, in the stock markets, leverage is limited to 2x, while in forex markets, it can be significantly higher.  In cryptocurrency futures markets, you can trade with up to 100x leverage. 
If you can learn how to trade futures successfully, they offer fantastic opportunities to make big money compared to other financial products or derivatives. For example, when trading options, there is better loss protection because you pay an up-front premium on an option. However, while options may offer less risk, futures offer a far greater potential for profitability. 
So now that we know all the basics of futures, how do you decide which futures to trade? 

Markets Overview – Which Are the Best Futures to Trade? 

Obviously, deciding on the best futures to trade will depend on the trader. Choosing which markets you want to enter will mean you need to determine your risk appetite and your available resources for trading.  You’ll also need to think about how much time you have for trading each day, which includes time spent on market analysis and evaluation of your results. 
For the beginner individual investor, cryptocurrencies provide some of the best futures trading opportunities. A single BTC or ETH can be split down into tiny increments, so there are very low barriers to entry.
Digitex will be the world’s first commission-free futures trading platform, making it viable to adopt a strategy of scalping profits from multiple lower-value trades. Furthermore, crypto exchanges don’t rely on profit-siphoning brokers, although most of them with the sole exception of Digitex do charge fees. 
The cryptocurrency markets are volatile, which is bad news for long-term investors. But it’s fantastic news for short-term traders in futures contracts, who can use leverage to magnify gains from the volatility. 
Among the rest, forex futures also offer some comparable benefits to cryptocurrency futures, in that you can trade with high leverage and some currencies are volatile enough to provide significant gains. Stocks and indices tend to be far less volatile and offer lower leverage. 

Which is the Best Futures Trading Platform? 

Once you’ve decided which type of markets you want to trade, then the next step is deciding where to trade futures. Many finance websites regularly provide detailed futures trading systems review for all the major platforms. 
However, here are the major points to consider when choosing a futures trading system:

Availability of product

There’s no point in choosing a platform only to find out it doesn’t sell what you want to buy.

Fees and commissions

These will directly eat into your profits. So, the lower the fees, the better your chances of turning a profit. 

User interface

Especially for a beginner, it should be relatively intuitive and easy to use. More advanced traders may appreciate access to more charts and technical analysis tools.

Customer service 

If something goes wrong, or if you get locked out of your trading account, shoddy customer service is the difference between a good trading day and a terrible trading day. 

Security 

If the platform gets hacked, your funds may be at risk. Particularly in the cryptocurrency space, high-profile exchange hacks are all too common. Make sure your chosen exchange places the highest emphasis on fund security.
More often than not, choosing a trading platform means making a trade-off on one or more of these points. At Digitex, we are taking pride in building an exchange that excels on every single one of these criteria.
When Digitex launches, it will be the only free futures trading system where you don’t pay a per-trade commission. That alone puts it in pole position for becoming the best futures trading platform. 
But there’s lots more. Users will have access to our intuitive, one-click ladder trading interface. And we’re currently in the process of setting up a world-class back office to ensure that traders can focus on one thing – trading. 

How to Trade Futures Successfully – Mistakes to Avoid

We will soon publish a post on trading strategies and choosing the best futures trading system that goes into far more detail about specific approaches. So, until then, here are some general tips on how to day trade futures online. 

Failing to Manage Your Emotions

Trading psychology is a topic all by itself. But it’s a fact that if you don’t manage your emotions effectively, you run the risk that they’ll eventually get the better of you.
It’s natural to feel fear if you hear bad news about the markets or think it’s worth hanging onto a position to wring a few more dollars out of it. But basing trading decisions on these feelings is a sure-fire route to losing money.
To successfully day trade futures online, stick to your plan, and leave the emotions out of it. As you learn to trade futures will get easier with experience. 

Deviating from Your Plan

So you’ve created a plan, tested and tested again and now you’re on the live markets. A few losing trades in, and it’s inevitable that you’ll start to question your plan.
While it makes sense in some situations to revisit a plan, especially if new information comes in, don’t feel you need to deviate from a tried and tested plan just because the market has a wobble. If you’re confident that you’ve done your research and testing correctly, hold your nerve and stick to the plan. 

Not Protecting Yourself

If you’re trading longer-term then you should always have a stop-loss in place for every trade. Unless you’re superhuman, it’s impossible to monitor the markets at all times. Especially in the world of cryptocurrency, where trading goes on 24/7, often at a breakneck speed.
A stop-loss will mean that even if the markets perform unexpectedly, you won’t be stuck in a losing position while you’re asleep. But conversely, there’s also danger in taking your eye off the markets. 

Taking Your Eye off the Markets

Although you can’t possibly watch the markets 24/7, top futures traders always keep an eye on the big picture and stay abreast of the news. Make sure you hone your analytical skills, learn to read charts and use technical tools, and if you incorporate all of this into your trading plan, you’ll start to see more good days than bad ones. 
So hopefully, by now, you’ll feel you know enough of the basics to start planning your entry to the futures market! Being a full-time trader is demanding and it’s not always easy to develop futures trading strategies that work, but it’s incredibly rewarding. 
Only DGTX holders will be able to trade on the Digitex Futures exchange, as all trades will be denominated in DGTX tokens. You can buy tokens from one of our exchange partners, or via the Digitex Treasury. Buying from the Treasury is trustless and instant, meaning there’s no price slippage. 

Latest News

How to Buy Futures in the Crypto Space 9

How to Buy Futures in the Crypto Space

Digitex Futures
• Christina Comben
July 24, 2019

The current futures market is looking very bright indeed both inside cryptocurrency and out. The futures industry, in general, is growing at lightning pace, climbing by over 20 percent in 2018 from the previous year. When it comes to cryptocurrency derivatives, they’re gaining in popularity as well with records being set this year left, right, and center. Continue reading

July 24, 2019
Digitex Futures

How to Buy Futures in the Crypto Space

Christina Comben
How to Buy Futures in the Crypto Space 10

The current futures market is looking very bright indeed both inside cryptocurrency and out. The futures industry, in general, is growing at lightning pace, climbing by over 20 percent in 2018 from the previous year. When it comes to cryptocurrency derivatives, they’re gaining in popularity as well with records being set this year left, right, and center. Continue reading

Latest News

5 Signs the Crypto Futures Market Is Booming Right Now 11

5 Signs the Crypto Futures Market Is Booming Right Now

Crypto Industry
Digitex Futures
• Sarah Rothrie
July 8, 2019

The crypto futures market is officially having a moment! Currently, cryptocurrency futures trading is making headlines for all the right reasons. Records are being smashed left, right, and center, in turn driving new players to enter the current futures market to capture a piece of the action. Here, we round up all the latest news and reports that indicate crypto futures are whipping up a storm right now. Continue reading

July 8, 2019
Crypto Industry
Digitex Futures

5 Signs the Crypto Futures Market Is Booming Right Now

Sarah Rothrie
5 Signs the Crypto Futures Market Is Booming Right Now 12

The crypto futures market is officially having a moment! Currently, cryptocurrency futures trading is making headlines for all the right reasons. Records are being smashed left, right, and center, in turn driving new players to enter the current futures market to capture a piece of the action. Here, we round up all the latest news and reports that indicate crypto futures are whipping up a storm right now. Continue reading

Latest News