dgtx

Update for DGTX HODLers

Digitex
• Digitex
April 29, 2021

The first month of Q2 is coming to an end already and it’s been a year of positive growth for Digitex so far. We’ve built out our team, released some key improvements to the UI and functionality of the exchange, launched our popular Liquidity Mining program that pays you to trade, and rolled out our commission-free spot markets with six trading pairs. Find out what else we’ve been doing and what you can expect from the rest of the quarter here.

Improvements to the Spot Markets

We’re super excited about the launch of the Digitex spot markets. It marks a huge milestone for us as an exchange, making it far easier to buy and sell DGTX and onboard new users, who no longer have to go to a third-party to convert their crypto.

Digitex.io also provides an optimized experience for traders on the exchange who can now trade between futures and spot cryptocurrencies with easy navigation all from one universal wallet. And they can quickly convert their DGTX to stablecoin USDC if they wish to avoid DGTX volatility. 

On top of that, we’re still the only exchange to offer users no fees of any kind. This includes withdrawal fees that every other fee-charging exchange on the market extracts from their users. This means that you can place as many transactions as you want with us and withdraw your funds keeping 100% of your profit. It’s your hard-earned money, you shouldn’t have to watch it being chipped away at by percentages, fees, and rent-seeking intermediaries.

We’re just getting started with our spot markets as well, and are continuously testing and improving the overall user experience so that, in the coming months, we can start to actively list popular trending tokens. This will not only benefit our community members who want to trade their favorite cryptos zero-fee but it will open Digitex up to many new cryptocurrency users as well. Watch out for our first listing coming this quarter. 

Also, keep in mind that all new markets will provide liquidity mining rewards to users to build liquidity and keep the spreads tight, and the cryptocurrency projects will be able to pay liquidity mining rewards in their own token (not DGTX). As the only exchange to use a trading ladder interface on our futures markets, we will also be bringing users the same experience trading spot. They will soon be able to choose from a one-click trading ladder interface or a traditional layout.

Marketing

We kicked off our marketing campaign this month and we’re actively promoting across dozens of channels in partnership with many popular influencers. We’re pleased to say that this is really paying off and we’re getting a healthy amount of new users registering to the exchange this month. 

Update for DGTX HODLers 1

In fact, we currently have over 3,500 new users in the last two weeks from different countries all over the world. We’re actively getting around 150 to 300+ new users registering daily, which is a good sign of stable growth and reflects the efforts that we’re putting in.

Update for DGTX HODLers 2

Keep in mind, DGTX is designed as a utility token for zero-fee trading, so our primary efforts are focused on getting new users to the exchange – and getting them to trade or stake DGTX.

Yield Farming Program

Talking of staking, in addition to actively getting new users and working on new listings for the spot markets, we have a yield farming program coming out next month. We think that this is going to be really popular among DGTX HODLers and new users as it’s designed for other cryptocurrencies listed on the Digitex exchange. Users will be able to stake DGTX to earn back cryptocurrencies partnered with our exchange. As more and more cryptocurrencies list on our spot market and put tokens into our yield farming program, demand for DGTX will therefore steadily increase.

With the whole phenomenon of yield farming gaining so much traction, it’s clear that crypto participants want to make their money work for them and earn a passive income on their funds. With our yield farming program, they will be able to easily buy DGTX and deposit it to earn passive income at attractive rates. We’ll be releasing more details on this soon.

Growing the Team

Update for DGTX HODLers 3

As well as actively working to market our existing products and introduce new features to create more new demand for DGTX and new users to the exchange, we’ve been actively growing our team. We’re now 50-person strong here in Kyiv alone! Made up of developers, creatives, and marketers – and we also have plenty of other talented contributors dotted around the globe. 

As always, we appreciate your ongoing support. We’ve made really great progress this year and there is still so much more to come. A big thank you from the Digitex team here at the Kyiv HQ and stay tuned for the next releases coming soon.

April 29, 2021
Digitex

Update for DGTX HODLers

Digitex
dgtx

The first month of Q2 is coming to an end already and it’s been a year of positive growth for Digitex so far. We’ve built out our team, released some key improvements to the UI and functionality of the exchange, launched our popular Liquidity Mining program that pays you to trade, and rolled out our commission-free spot markets with six trading pairs. Find out what else we’ve been doing and what you can expect from the rest of the quarter here.

Improvements to the Spot Markets

We’re super excited about the launch of the Digitex spot markets. It marks a huge milestone for us as an exchange, making it far easier to buy and sell DGTX and onboard new users, who no longer have to go to a third-party to convert their crypto.

Digitex.io also provides an optimized experience for traders on the exchange who can now trade between futures and spot cryptocurrencies with easy navigation all from one universal wallet. And they can quickly convert their DGTX to stablecoin USDC if they wish to avoid DGTX volatility. 

On top of that, we’re still the only exchange to offer users no fees of any kind. This includes withdrawal fees that every other fee-charging exchange on the market extracts from their users. This means that you can place as many transactions as you want with us and withdraw your funds keeping 100% of your profit. It’s your hard-earned money, you shouldn’t have to watch it being chipped away at by percentages, fees, and rent-seeking intermediaries.

We’re just getting started with our spot markets as well, and are continuously testing and improving the overall user experience so that, in the coming months, we can start to actively list popular trending tokens. This will not only benefit our community members who want to trade their favorite cryptos zero-fee but it will open Digitex up to many new cryptocurrency users as well. Watch out for our first listing coming this quarter. 

Also, keep in mind that all new markets will provide liquidity mining rewards to users to build liquidity and keep the spreads tight, and the cryptocurrency projects will be able to pay liquidity mining rewards in their own token (not DGTX). As the only exchange to use a trading ladder interface on our futures markets, we will also be bringing users the same experience trading spot. They will soon be able to choose from a one-click trading ladder interface or a traditional layout.

Marketing

We kicked off our marketing campaign this month and we’re actively promoting across dozens of channels in partnership with many popular influencers. We’re pleased to say that this is really paying off and we’re getting a healthy amount of new users registering to the exchange this month. 

Update for DGTX HODLers 4

In fact, we currently have over 3,500 new users in the last two weeks from different countries all over the world. We’re actively getting around 150 to 300+ new users registering daily, which is a good sign of stable growth and reflects the efforts that we’re putting in.

Update for DGTX HODLers 5

Keep in mind, DGTX is designed as a utility token for zero-fee trading, so our primary efforts are focused on getting new users to the exchange – and getting them to trade or stake DGTX.

Yield Farming Program

Talking of staking, in addition to actively getting new users and working on new listings for the spot markets, we have a yield farming program coming out next month. We think that this is going to be really popular among DGTX HODLers and new users as it’s designed for other cryptocurrencies listed on the Digitex exchange. Users will be able to stake DGTX to earn back cryptocurrencies partnered with our exchange. As more and more cryptocurrencies list on our spot market and put tokens into our yield farming program, demand for DGTX will therefore steadily increase.

With the whole phenomenon of yield farming gaining so much traction, it’s clear that crypto participants want to make their money work for them and earn a passive income on their funds. With our yield farming program, they will be able to easily buy DGTX and deposit it to earn passive income at attractive rates. We’ll be releasing more details on this soon.

Growing the Team

Update for DGTX HODLers 6

As well as actively working to market our existing products and introduce new features to create more new demand for DGTX and new users to the exchange, we’ve been actively growing our team. We’re now 50-person strong here in Kyiv alone! Made up of developers, creatives, and marketers – and we also have plenty of other talented contributors dotted around the globe. 

As always, we appreciate your ongoing support. We’ve made really great progress this year and there is still so much more to come. A big thank you from the Digitex team here at the Kyiv HQ and stay tuned for the next releases coming soon.

Latest News

bitcoin derivatives

What Are Bitcoin Derivatives and What Benefits Do They Offer for Traders?

Digitex Futures
Cryptocurrency
Trading
• Digitex
April 5, 2021

Bitcoin derivatives trading has been on the rise.

According to a TokenInsight report, the crypto derivatives market featured a $2.7 trillion trading volume in Q3 2020, representing a 25.1% surge from the previous quarter as well as a year-over-year (YoY) growth of nearly 160%.

But what are Bitcoin derivatives, what benefits do they offer, and what is the best crypto trading platform to get started?

Bitcoin Derivatives Trading Explained

With rising popularity in both the crypto industry and traditional finance, derivatives are financial contracts between two or more parties that derive their values from one or a basket of underlying assets.

Bitcoin derivatives products follow the BTC price, allowing users to trade contracts without owning the digital asset.

Most cryptocurrency derivatives fall into the following two categories:

  • Options contracts: Crypto options refer to an agreement between two parties to buy or sell a digital asset at a fixed price before the expiration date. While buyers (holders) purchase options from sellers (writers) at a premium, the prior parties are not obliged to exercise their rights on the expiry date.
  • Futures contracts: Bitcoin futures contracts are very similar to options as they also feature an agreement between two parties to trade an underlying digital asset at a predetermined price at a future date. However, unlike options contracts, both the buyers and sellers of crypto futures are required to fulfill their commitments.

In addition to what the spot market offers, Bitcoin derivatives trading allows users to:

  1. Trade digital assets on a margin with leverage to increase the potential for profits
  2. Harness the benefits of a bear market by shorting digital assets
  3. Stabilize price fluctuations during times of extreme volatility
  4. Hedge against the risks of the crypto market

Where to Trade Bitcoin Derivatives?

Now that you know the basics let’s see where to trade Bitcoin derivatives.

The best way to gain exposure to digital asset derivatives is via a cryptocurrency exchange that offers the following features to traders:

  1. High liquidity
  2. Reasonable trading fees
  3. Robust and beginner-friendly platform
  4. Access to multiple cryptocurrency derivatives products
  5. Fast deposits and withdrawals

Is There a Way to Trade Crypto Derivatives for Free?

Most cryptocurrency exchanges impose fees on derivatives trading to maintain a profitable business.

While the standard trading fees range around 0.10% at the majority of the providers, the costs can easily add up if you are using leverage. For example, on a 100x leverage, the exchange will deduct 10% of your margin on every single trade.

Doing so hurts your profitability while rendering the crypto trading strategies of many scalpers and high-frequency traders null and void.

But what if we told you that there is a way that allows you to trade crypto derivatives for free?

Meet Digitex, the next-generation futures exchange that offers commission-free cryptocurrency trading for all its users.

What Are Bitcoin Derivatives and What Benefits Do They Offer for Traders? 7

Digitex achieves free crypto trading on its platform by leveraging its native DGTX token.

Denominating all account balances in DGTX and using the cryptocurrency to pay out profits and losses allows the exchange’s users to enjoy a zero-fee trading experience while keeping 100% of their revenue.

In addition to the ability to trade crypto for FREE, Digitex offers the following benefits to its users:

  1. Rewards programs to earn an extra income on your crypto
  2. Enhanced liquidity
  3. Seamless and user-friendly platform
  4. Lightning-fast matching engine with one-click trade submission
  5. Automated crypto trading to maximize revenue and accumulate more DGTX rewards via liquidity mining
  6. 24/7 availability
  7. Peer-to-peer (P2P) trading without intermediaries

Digitex: the Revolutionary Crypto Trading Platform for Bitcoin Derivatives

With zero fees, lightning-fast speed, generous rewards programs, as well as a robust crypto trading platform, Digitex is the right choice for every trader looking to gain easy exposure to digital asset derivatives.

Are you ready to trade Bitcoin derivatives while keeping 100% of your profits? Create an account at Digitex now.

Also, don’t forget to stock up your DGTX bags to benefit from Digitex’s rapid growth and profit from the favorable price movements of the crypto exchanges’ native token (DGTX closed March with an amazing 222% ROI).

 

April 5, 2021
Digitex Futures
Cryptocurrency
Trading

What Are Bitcoin Derivatives and What Benefits Do They Offer for Traders?

Digitex
bitcoin derivatives

Bitcoin derivatives trading has been on the rise.

According to a TokenInsight report, the crypto derivatives market featured a $2.7 trillion trading volume in Q3 2020, representing a 25.1% surge from the previous quarter as well as a year-over-year (YoY) growth of nearly 160%.

But what are Bitcoin derivatives, what benefits do they offer, and what is the best crypto trading platform to get started?

Bitcoin Derivatives Trading Explained

With rising popularity in both the crypto industry and traditional finance, derivatives are financial contracts between two or more parties that derive their values from one or a basket of underlying assets.

Bitcoin derivatives products follow the BTC price, allowing users to trade contracts without owning the digital asset.

Most cryptocurrency derivatives fall into the following two categories:

  • Options contracts: Crypto options refer to an agreement between two parties to buy or sell a digital asset at a fixed price before the expiration date. While buyers (holders) purchase options from sellers (writers) at a premium, the prior parties are not obliged to exercise their rights on the expiry date.
  • Futures contracts: Bitcoin futures contracts are very similar to options as they also feature an agreement between two parties to trade an underlying digital asset at a predetermined price at a future date. However, unlike options contracts, both the buyers and sellers of crypto futures are required to fulfill their commitments.

In addition to what the spot market offers, Bitcoin derivatives trading allows users to:

  1. Trade digital assets on a margin with leverage to increase the potential for profits
  2. Harness the benefits of a bear market by shorting digital assets
  3. Stabilize price fluctuations during times of extreme volatility
  4. Hedge against the risks of the crypto market

Where to Trade Bitcoin Derivatives?

Now that you know the basics let’s see where to trade Bitcoin derivatives.

The best way to gain exposure to digital asset derivatives is via a cryptocurrency exchange that offers the following features to traders:

  1. High liquidity
  2. Reasonable trading fees
  3. Robust and beginner-friendly platform
  4. Access to multiple cryptocurrency derivatives products
  5. Fast deposits and withdrawals

Is There a Way to Trade Crypto Derivatives for Free?

Most cryptocurrency exchanges impose fees on derivatives trading to maintain a profitable business.

While the standard trading fees range around 0.10% at the majority of the providers, the costs can easily add up if you are using leverage. For example, on a 100x leverage, the exchange will deduct 10% of your margin on every single trade.

Doing so hurts your profitability while rendering the crypto trading strategies of many scalpers and high-frequency traders null and void.

But what if we told you that there is a way that allows you to trade crypto derivatives for free?

Meet Digitex, the next-generation futures exchange that offers commission-free cryptocurrency trading for all its users.

What Are Bitcoin Derivatives and What Benefits Do They Offer for Traders? 8

Digitex achieves free crypto trading on its platform by leveraging its native DGTX token.

Denominating all account balances in DGTX and using the cryptocurrency to pay out profits and losses allows the exchange’s users to enjoy a zero-fee trading experience while keeping 100% of their revenue.

In addition to the ability to trade crypto for FREE, Digitex offers the following benefits to its users:

  1. Rewards programs to earn an extra income on your crypto
  2. Enhanced liquidity
  3. Seamless and user-friendly platform
  4. Lightning-fast matching engine with one-click trade submission
  5. Automated crypto trading to maximize revenue and accumulate more DGTX rewards via liquidity mining
  6. 24/7 availability
  7. Peer-to-peer (P2P) trading without intermediaries

Digitex: the Revolutionary Crypto Trading Platform for Bitcoin Derivatives

With zero fees, lightning-fast speed, generous rewards programs, as well as a robust crypto trading platform, Digitex is the right choice for every trader looking to gain easy exposure to digital asset derivatives.

Are you ready to trade Bitcoin derivatives while keeping 100% of your profits? Create an account at Digitex now.

Also, don’t forget to stock up your DGTX bags to benefit from Digitex’s rapid growth and profit from the favorable price movements of the crypto exchanges’ native token (DGTX closed March with an amazing 222% ROI).

 

Latest News