Check Out All the Ways to Earn on Digitex.io 1

Check Out All the Ways to Earn on Digitex.io

Digitex
• Digitex
May 18, 2021

With Digitex.io now live for just over a month, we’ve been introducing more utility for the DGTX token–and more ways for you to earn while using the exchange. From zero-fee trading and capitalizing on price fluctuations trading BTC and ETH futures, to Liquidity Mining and earning crypto rewards through Blockfarm, check out all the ways to earn on Digitex.io here.

Commission-Free Trading

Of course, the best way to make money on Digitex.io is simply to open an account and start trading. According to a survey of our traders that we held earlier this month, using the Digitex platform can save you an average of $190 per month simply by not paying commission fees. That becomes a lot more if you’re an active swing or scalp trader using leverage to magnify your gains. And, with crypto’s insane volatility, there’s no better place to make money on the smallest of price movements.

Digitex makes it possible to carry out trading strategies that you simply can’t elsewhere. You can enter and exit trades without being penalized and keep 100% of your profit when the market goes your way. 

With our two flagship futures markets, BTCUSD and ETHUSD, and our six zero-fee spot trading pairs—DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC—place your trades, save on fees, and make money at the same time.

Liquidity Mining Rewards

While saving yourself from paying punishing fees, you also get paid to trade thanks to our awesome Liquidity Mining program that lets traders accumulate rewards for lending liquidity to all the markets on Digitex.io. You don’t have to do anything extra to earn, as all traders are included in the program just by trading on the exchange.

How does it work? Every minute at a random time our system takes a snapshot of the order book on all our markets. It then pays out DGTX rewards to those traders whose unmatched orders are closest to the spot price at the time. Not only does this create more active markets and deeper liquidity but it lets us give you something extra for choosing to trade with us.

25 DGTX are paid out every minute to each futures market—so that’s a total of 50 DGTX per minute for both futures markets (BTCUSD and ETHUSD). You can also earn liquidity mining rewards trading on our spot markets, which takes the total to 240 DGTX across our six different spot market pairs. 

Blockfarm Yield Farming Program

Digitex users, particularly those who aren’t interested in pursuing riskier profit-making strategies like futures trading, can now earn a passive income on their crypto holdings by staking DGTX. It couldn’t be easier to earn rewards through our brand-new Blockfarm yield farming program, built right inside the Digitex.io platform.

Rather than letting your DGTX just sit in a hardware wallet, you can earn attractive rewards by staking it in your Blockfarm wallet. We’ve started the program off with ETH, which means that you stake DGTX to earn ETH rewards back. But ETH is just the first of many cryptos coming soon to this program that we hope will prove popular among our users. 

The APY you earn will vary according to the amount of DGTX staked at the time but at the moment it stands at 61%.

We hope you’re enjoying using the exchange and taking advantage of the multiple ways to earn. Please let us know if you have feedback or questions, either by hitting us up on our socials or contacting customer support, we’re always ready to help.

May 18, 2021
Digitex

Check Out All the Ways to Earn on Digitex.io

Digitex
Check Out All the Ways to Earn on Digitex.io 2

With Digitex.io now live for just over a month, we’ve been introducing more utility for the DGTX token–and more ways for you to earn while using the exchange. From zero-fee trading and capitalizing on price fluctuations trading BTC and ETH futures, to Liquidity Mining and earning crypto rewards through Blockfarm, check out all the ways to earn on Digitex.io here.

Commission-Free Trading

Of course, the best way to make money on Digitex.io is simply to open an account and start trading. According to a survey of our traders that we held earlier this month, using the Digitex platform can save you an average of $190 per month simply by not paying commission fees. That becomes a lot more if you’re an active swing or scalp trader using leverage to magnify your gains. And, with crypto’s insane volatility, there’s no better place to make money on the smallest of price movements.

Digitex makes it possible to carry out trading strategies that you simply can’t elsewhere. You can enter and exit trades without being penalized and keep 100% of your profit when the market goes your way. 

With our two flagship futures markets, BTCUSD and ETHUSD, and our six zero-fee spot trading pairs—DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC—place your trades, save on fees, and make money at the same time.

Liquidity Mining Rewards

While saving yourself from paying punishing fees, you also get paid to trade thanks to our awesome Liquidity Mining program that lets traders accumulate rewards for lending liquidity to all the markets on Digitex.io. You don’t have to do anything extra to earn, as all traders are included in the program just by trading on the exchange.

How does it work? Every minute at a random time our system takes a snapshot of the order book on all our markets. It then pays out DGTX rewards to those traders whose unmatched orders are closest to the spot price at the time. Not only does this create more active markets and deeper liquidity but it lets us give you something extra for choosing to trade with us.

25 DGTX are paid out every minute to each futures market—so that’s a total of 50 DGTX per minute for both futures markets (BTCUSD and ETHUSD). You can also earn liquidity mining rewards trading on our spot markets, which takes the total to 240 DGTX across our six different spot market pairs. 

Blockfarm Yield Farming Program

Digitex users, particularly those who aren’t interested in pursuing riskier profit-making strategies like futures trading, can now earn a passive income on their crypto holdings by staking DGTX. It couldn’t be easier to earn rewards through our brand-new Blockfarm yield farming program, built right inside the Digitex.io platform.

Rather than letting your DGTX just sit in a hardware wallet, you can earn attractive rewards by staking it in your Blockfarm wallet. We’ve started the program off with ETH, which means that you stake DGTX to earn ETH rewards back. But ETH is just the first of many cryptos coming soon to this program that we hope will prove popular among our users. 

The APY you earn will vary according to the amount of DGTX staked at the time but at the moment it stands at 61%.

We hope you’re enjoying using the exchange and taking advantage of the multiple ways to earn. Please let us know if you have feedback or questions, either by hitting us up on our socials or contacting customer support, we’re always ready to help.

Latest News

trading

New Trading Video – How to Succeed Trading on Digitex

Digitex
Trading
• Digitex
May 17, 2021

Frequent winning trader on the Digitex platform CoinCollector has compiled another handy video for you. If you want to take advantage of the insane volatility surrounding the cryptocurrency markets right now, you should be trading on the only platform that lets you keep 100% of your profit. Watch as this skilled trader makes quick gains using the one-minute chart and following his simple technical rules.

Trading BTC and ETH Futures

CoinCollector first takes us through two trades he’s taken earlier, one on the BTCUSD market and the other on the ETHUSD market, to show how he makes money whether the market goes up or down. In this video, there was a lot of action going on in BTC and it hit the lower trend line four times. He says, “the more often a trend line gets hit, the more likely it will break,” and he was expecting the BTC price to take a significant turn to the downside. 

He gives us a look at candles and an explanation of wicks–and why they may or may not get filled. The wick in the video, he says, will produce a very strong price reaction, which means that there are many sellers and the price will pull back, as people close out their positions. He shows us how to draw a trend line on the screen and then wait for the price to break the trend line. Each time the trend line gets hit, it adds to his confidence that the price will continue to go down.

He also shows us a trade on the ETHUSD market, this time with the price of ETH turning bearish. However, he says that when you are trading an asset on a very short time frame, don’t forget that the price will likely go up and down, retesting after it hits the trend line. This means that when you are scalping, you must be prepared to go long and short and quickly close out your positions, giving the screen your entire attention. 

His strategy really takes advantage of scalping, of capitalizing on even the smallest of movements in the price. That’s one of the things that makes Digitex so unique. It lets you win every single minute, following the price and accumulating small profits. Even if BTC and ETH go and down and up in a zig-zag multiple times in an hour, you can profit when you follow the price–and ensure that you reduce your losses by closing out your position quickly when needed.

Live Trading

CoinCollector then shows us a session of his live trading, really putting the exchange through its paces showing what’s possible using the trendline technique to measure price targets. Despite the crypto markets tanking over the last few days, CoinCollector shows how it’s possible to make money. In fact, he made more than 500,000 DGTX in profit from shorting the price of both BTC and ETH.

You need patience and discipline, and have to be prepared to change in an instant to make sure to capture the trend. In this video, he watches to see if BTC can break out of a level and go to the upside. He also explains how to go long or short when you take into factors like resistance and support. But mainly, he really shows how fast-paced trading on the platform is. You have to be completely engaged and ready to watch the action for a “quick short scalp.”

He said, “I do not usually trade on a one-minute chart, but on Digitex you can trade on a one-minute chart thanks to the zero fees. I don’t do that on other exchanges, scalping on a one minute chart, there is no better place to go than here because zero fees saves you a ton of money.”

If your crypto holdings are hurting and you want to try your hand at scalping on the Digitex exchange with zero fees and the only trading ladder interface in crypto, be sure to sign up for an account today. We received a 4.45 out of 5 for customer service and 4.3 for the overall platform experience. Check out what else our users are saying about us here.

May 17, 2021
Digitex
Trading

New Trading Video – How to Succeed Trading on Digitex

Digitex
trading

Frequent winning trader on the Digitex platform CoinCollector has compiled another handy video for you. If you want to take advantage of the insane volatility surrounding the cryptocurrency markets right now, you should be trading on the only platform that lets you keep 100% of your profit. Watch as this skilled trader makes quick gains using the one-minute chart and following his simple technical rules.

Trading BTC and ETH Futures

CoinCollector first takes us through two trades he’s taken earlier, one on the BTCUSD market and the other on the ETHUSD market, to show how he makes money whether the market goes up or down. In this video, there was a lot of action going on in BTC and it hit the lower trend line four times. He says, “the more often a trend line gets hit, the more likely it will break,” and he was expecting the BTC price to take a significant turn to the downside. 

He gives us a look at candles and an explanation of wicks–and why they may or may not get filled. The wick in the video, he says, will produce a very strong price reaction, which means that there are many sellers and the price will pull back, as people close out their positions. He shows us how to draw a trend line on the screen and then wait for the price to break the trend line. Each time the trend line gets hit, it adds to his confidence that the price will continue to go down.

He also shows us a trade on the ETHUSD market, this time with the price of ETH turning bearish. However, he says that when you are trading an asset on a very short time frame, don’t forget that the price will likely go up and down, retesting after it hits the trend line. This means that when you are scalping, you must be prepared to go long and short and quickly close out your positions, giving the screen your entire attention. 

His strategy really takes advantage of scalping, of capitalizing on even the smallest of movements in the price. That’s one of the things that makes Digitex so unique. It lets you win every single minute, following the price and accumulating small profits. Even if BTC and ETH go and down and up in a zig-zag multiple times in an hour, you can profit when you follow the price–and ensure that you reduce your losses by closing out your position quickly when needed.

Live Trading

CoinCollector then shows us a session of his live trading, really putting the exchange through its paces showing what’s possible using the trendline technique to measure price targets. Despite the crypto markets tanking over the last few days, CoinCollector shows how it’s possible to make money. In fact, he made more than 500,000 DGTX in profit from shorting the price of both BTC and ETH.

You need patience and discipline, and have to be prepared to change in an instant to make sure to capture the trend. In this video, he watches to see if BTC can break out of a level and go to the upside. He also explains how to go long or short when you take into factors like resistance and support. But mainly, he really shows how fast-paced trading on the platform is. You have to be completely engaged and ready to watch the action for a “quick short scalp.”

He said, “I do not usually trade on a one-minute chart, but on Digitex you can trade on a one-minute chart thanks to the zero fees. I don’t do that on other exchanges, scalping on a one minute chart, there is no better place to go than here because zero fees saves you a ton of money.”

If your crypto holdings are hurting and you want to try your hand at scalping on the Digitex exchange with zero fees and the only trading ladder interface in crypto, be sure to sign up for an account today. We received a 4.45 out of 5 for customer service and 4.3 for the overall platform experience. Check out what else our users are saying about us here.

Latest News

futures

ETHUSD Futures Market Tick Size Will Change to $1

Digitex
Trading
• Digitex
May 11, 2021

Heads up, traders! Digitex will be changing the tick size on our ETHUSD futures market from $0.25 to $1. On May 12 at 12:00 UTC, the Digitex exchange will be down for one hour as we make the necessary adjustment. So, please keep in mind that you will not be able to access your account during that time. All orders on the ETHUSD will be settled, so you should close them ahead.

The Rising Price of ETH

As you all know, the price of ETH has been on an absolute tear this year, running circles around Bitcoin and hitting a new all-time high of more than $4,200! Even today, as it’s cooled off slightly, the number one altcoin is still registering a yearly gain of almost 2000%. Of course, this is great for traders, investors, and Ethereum enthusiasts. But, when it comes to trading on a ladder, a tick size of $0.25 on an asset with such a high price makes for a poor user experience as contracts keep jumping off the ladder.

The change in tick size on the ETHUSD market will prevent this from happening and also make it easier for liquidity miners. So, we can expect to see more bids and offers closer to the spot price after we make the switch, making the trading experience on the Digitex exchange better for everyone. 

Keep in mind that, on the Digitex platform, the $1 tick is equivalent to 1 DGTX. So, when you win or lose 1 tick ($1), you win or lose 1 DGTX. The contract value of ETHUSD remains the same as it was.

Take Advantage of ETH Volatility Trading Commission-Free

As always, with ETH’s skyrocketing price and swift corrections, there’s no better time to capitalize on the premier altcoin’s extreme volatility. So, be sure to get trading on the platform now! Digitex is the ONLY exchange that lets you pursue high-frequency trading strategies that allow you to place unlimited trades without paying any transaction fees of any kind. Simply trade and walk away with 100% of your profit.

Just please keep in mind that the exchange will be down for around one hour on May 12 at 12:00 UTC while we make the switch. We hope you enjoy the improved trading experience. Any questions at all, please contact our customer support or hit us up on our socials. 

May 11, 2021
Digitex
Trading

ETHUSD Futures Market Tick Size Will Change to $1

Digitex
futures

Heads up, traders! Digitex will be changing the tick size on our ETHUSD futures market from $0.25 to $1. On May 12 at 12:00 UTC, the Digitex exchange will be down for one hour as we make the necessary adjustment. So, please keep in mind that you will not be able to access your account during that time. All orders on the ETHUSD will be settled, so you should close them ahead.

The Rising Price of ETH

As you all know, the price of ETH has been on an absolute tear this year, running circles around Bitcoin and hitting a new all-time high of more than $4,200! Even today, as it’s cooled off slightly, the number one altcoin is still registering a yearly gain of almost 2000%. Of course, this is great for traders, investors, and Ethereum enthusiasts. But, when it comes to trading on a ladder, a tick size of $0.25 on an asset with such a high price makes for a poor user experience as contracts keep jumping off the ladder.

The change in tick size on the ETHUSD market will prevent this from happening and also make it easier for liquidity miners. So, we can expect to see more bids and offers closer to the spot price after we make the switch, making the trading experience on the Digitex exchange better for everyone. 

Keep in mind that, on the Digitex platform, the $1 tick is equivalent to 1 DGTX. So, when you win or lose 1 tick ($1), you win or lose 1 DGTX. The contract value of ETHUSD remains the same as it was.

Take Advantage of ETH Volatility Trading Commission-Free

As always, with ETH’s skyrocketing price and swift corrections, there’s no better time to capitalize on the premier altcoin’s extreme volatility. So, be sure to get trading on the platform now! Digitex is the ONLY exchange that lets you pursue high-frequency trading strategies that allow you to place unlimited trades without paying any transaction fees of any kind. Simply trade and walk away with 100% of your profit.

Just please keep in mind that the exchange will be down for around one hour on May 12 at 12:00 UTC while we make the switch. We hope you enjoy the improved trading experience. Any questions at all, please contact our customer support or hit us up on our socials. 

Latest News

digitex

Check Out What These 1420 Traders Are Saying About Digitex

Digitex
• Digitex
May 10, 2021

Last week, we asked you to complete a survey for us in exchange for $20 worth of DGTX. To make sure that only genuine users with valuable feedback took part, the offer applied only to existing Digitex account holders with active trading accounts. If users didn’t have any trading volume, they were unable to receive the DGTX reward. We’re pleased to say, we got some awesome results from the 1420 traders who took part. Check out some of the highlights:

  1. Digitex scored an average of 4.27 out of 5 for overall trading experience
  2. Digitex scored an average of 4.45 out of 5 for customer service
  3. Digitex scored an average of 4.3 for overall platform’s performance 

What We’re Doing Well

A massive thank you to everyone who took part. We really appreciate all your feedback and are thrilled with the results. Rating so highly for overall trading and platform experience as well as for our stellar customer support shows that our hard work is paying off. We couldn’t be happier to hear how much you love using the platform. 

It’s also great to know that a massive 94.5% of you would recommend Digitex to a friend. Here are some of the positive sentiments we received in the survey:

“Customer Service is already the best. Nothing to ask for more.”

“Keep doing what you are doing! Been with Digitex since ICO. Some bumps on the road, but the direction is good! Bravo!”

“If Digitex sticks with and is able to pull off the current roadmap that’s been discussed in the recent blogs, I think this exchange can definitely grow into something big.”

“I trade on Binance but I’m a Digitex fan.”

You also rated our Liquidity Mining program with an average of 4.1, which is also really encouraging as its one of our newest features. 

Where We Can Improve

We asked for your honest feedback and we know there is room for improvement as we expand and grow our business. Starting with Liquidity Mining, some of you suggested that we should reduce the gap between buy and sell, improve the UI, attract more participants, and increase the trading volume. These suggestions have been noted and we have started working on them already.

The most common answers as to where we could improve the platform, however, were not about Liquidity Mining. We saw “adding more coin pairs” coming a lot of times, stopping minting DGTX, and incorporating a solution for DGTX price stabilization. You also said that you would like us to re-open our Telegram group, that you would like to see the platform available in more languages, and that you would like a solution for mobile devices. The platform, some of you said, can also experience slow loading times. 

We’re taking all of your feedback on board. As we told you in our Q&A blog post last week, we are working on solutions for most of these suggestions already. More coin pairs will be coming soon, a solution for DGTX volatility, a mobile app for trading on the go, and more utilities for DGTX that we will be announcing shortly. 

When it comes to more languages, we are soon releasing a Russian blog and website, and we already have active Russian social channels. Once we have finalized localizing in Russian we will start to introduce more languages.

Other Important Information 

The most common other exchanges that Digitex traders use are Binance, BitMEX, Huobi, Kucoin, Bittrex, OKEx, Coinbase, WazirX, Binomo, Yobit, Kuna, FTX, Poloniex, Mercatox, Pancakeswap, Whitebit, Kraken, Luno, and Uniswap. Most of you are manual traders. Out of the 1420 responses, there were 1022 manual traders, 44 bot traders, and 117 of you who do both.

When it came to how frequently you trade, the majority of you (43.2%) are fairly infrequent traders, trading once a week or less. 27.2% of you say that you trade a few times a week, 14.6% of you trade daily, but less than three hours, while 14.8% of you are trading junkies, trading more than three hours every single day.

When it comes to your preferred activity on the Digitex exchange, our spot markets are proving to be really popular, with 78.9% of you using them most often. 30.6% of you trade our futures markets, and 46.1% like to earn DGTX through pool rewards or farming on Uniswap.

Wrapping It Up

The survey results are certainly very positive. They also reveal that the majority of the Digitex community are not futures traders but prefer trading spot or earning a passive income on their crypto. With this in mind, we know that you’ll be super excited about the latest feature coming to the Digitex platform. Stay tuned to the blog this week, you’re going to love it!

We also want to convert more of you to futures trading. There’s so much opportunity to make money here as you can win whether the market goes up or down. With that in mind, we realize that we need to improve on our educational content. So, you can expect to see more step-by-step guides and tutorials coming soon. 

As always, if you have any questions or feedback, hit us up on our socials or contact our customer support. We’re always happy to help.

May 10, 2021
Digitex

Check Out What These 1420 Traders Are Saying About Digitex

Digitex
digitex

Last week, we asked you to complete a survey for us in exchange for $20 worth of DGTX. To make sure that only genuine users with valuable feedback took part, the offer applied only to existing Digitex account holders with active trading accounts. If users didn’t have any trading volume, they were unable to receive the DGTX reward. We’re pleased to say, we got some awesome results from the 1420 traders who took part. Check out some of the highlights:

  1. Digitex scored an average of 4.27 out of 5 for overall trading experience
  2. Digitex scored an average of 4.45 out of 5 for customer service
  3. Digitex scored an average of 4.3 for overall platform’s performance 

What We’re Doing Well

A massive thank you to everyone who took part. We really appreciate all your feedback and are thrilled with the results. Rating so highly for overall trading and platform experience as well as for our stellar customer support shows that our hard work is paying off. We couldn’t be happier to hear how much you love using the platform. 

It’s also great to know that a massive 94.5% of you would recommend Digitex to a friend. Here are some of the positive sentiments we received in the survey:

“Customer Service is already the best. Nothing to ask for more.”

“Keep doing what you are doing! Been with Digitex since ICO. Some bumps on the road, but the direction is good! Bravo!”

“If Digitex sticks with and is able to pull off the current roadmap that’s been discussed in the recent blogs, I think this exchange can definitely grow into something big.”

“I trade on Binance but I’m a Digitex fan.”

You also rated our Liquidity Mining program with an average of 4.1, which is also really encouraging as its one of our newest features. 

Where We Can Improve

We asked for your honest feedback and we know there is room for improvement as we expand and grow our business. Starting with Liquidity Mining, some of you suggested that we should reduce the gap between buy and sell, improve the UI, attract more participants, and increase the trading volume. These suggestions have been noted and we have started working on them already.

The most common answers as to where we could improve the platform, however, were not about Liquidity Mining. We saw “adding more coin pairs” coming a lot of times, stopping minting DGTX, and incorporating a solution for DGTX price stabilization. You also said that you would like us to re-open our Telegram group, that you would like to see the platform available in more languages, and that you would like a solution for mobile devices. The platform, some of you said, can also experience slow loading times. 

We’re taking all of your feedback on board. As we told you in our Q&A blog post last week, we are working on solutions for most of these suggestions already. More coin pairs will be coming soon, a solution for DGTX volatility, a mobile app for trading on the go, and more utilities for DGTX that we will be announcing shortly. 

When it comes to more languages, we are soon releasing a Russian blog and website, and we already have active Russian social channels. Once we have finalized localizing in Russian we will start to introduce more languages.

Other Important Information 

The most common other exchanges that Digitex traders use are Binance, BitMEX, Huobi, Kucoin, Bittrex, OKEx, Coinbase, WazirX, Binomo, Yobit, Kuna, FTX, Poloniex, Mercatox, Pancakeswap, Whitebit, Kraken, Luno, and Uniswap. Most of you are manual traders. Out of the 1420 responses, there were 1022 manual traders, 44 bot traders, and 117 of you who do both.

When it came to how frequently you trade, the majority of you (43.2%) are fairly infrequent traders, trading once a week or less. 27.2% of you say that you trade a few times a week, 14.6% of you trade daily, but less than three hours, while 14.8% of you are trading junkies, trading more than three hours every single day.

When it comes to your preferred activity on the Digitex exchange, our spot markets are proving to be really popular, with 78.9% of you using them most often. 30.6% of you trade our futures markets, and 46.1% like to earn DGTX through pool rewards or farming on Uniswap.

Wrapping It Up

The survey results are certainly very positive. They also reveal that the majority of the Digitex community are not futures traders but prefer trading spot or earning a passive income on their crypto. With this in mind, we know that you’ll be super excited about the latest feature coming to the Digitex platform. Stay tuned to the blog this week, you’re going to love it!

We also want to convert more of you to futures trading. There’s so much opportunity to make money here as you can win whether the market goes up or down. With that in mind, we realize that we need to improve on our educational content. So, you can expect to see more step-by-step guides and tutorials coming soon. 

As always, if you have any questions or feedback, hit us up on our socials or contact our customer support. We’re always happy to help.

Latest News

Customer Success Story: Quitting the 9-to-5 Lifestyle Thanks to Digitex 3

Customer Success Story: Quitting the 9-to-5 Lifestyle Thanks to Digitex

Digitex
Trading
• Digitex
May 7, 2021

Digitex is changing the lives of many traders around the world. For the first time, cryptocurrency enthusiasts can engage in highly active and short-term trades without being penalized by commission fees that make it impossible to make a profit. Anyone can now take single-tick profits and losses without any edge working against them. Just read about this success story from Marcus who turned his 200,000 DGTX balance into 4.6 million in six months.

Quitting the 9-to-5 Lifestyle Thanks to Digitex

One of the many traders to take advantage of Digitex‘s zero-fee trading platform is Marcus. He never wanted to work for anyone else and sought an independent lifestyle, free from the worries of living from paycheck to paycheck like many of his friends. “This cycle was something I never liked for myself and wanted to break out of it,” he says.

So he started out as his own boss and began to make a decent living in network marketing. But, eventually, that got stale for Marcus, leading him to pursue forex trading. After thousands of hours spent in online trading courses and “practice, practice, and more practice,” he was able to grow his income. But it wasn’t until 2016 that he came across the Bitcoin whitepaper, marking a turning point in his professional career. 

Keeping It Simple

By employing a simple trading strategy, Marcus quickly became profitable. His goal was to capitalize on the volatility of cryptocurrencies to hit a specific target every day and step away to spend time with his family once his target was achieved. Such a methodology allowed him to book tens of thousands of dollars in profits. 

Nowadays, Marcus spends most of his time scalping on Digitex thanks to the platform’s commission-free cryptocurrency futures and spot trading features. While Digitex offers few trading pairs compared to other larger exchanges, Marcus keeps coming back for the much higher returns he makes without wasting money on commission fees. 

He says, “It’s true that at this point you most likely have a Binance or Coinbase account, but doesn’t mean you shouldn’t have a secondary account on an exchange like Digitex. It’s really one of those rare exchanges that gives you an edge you wouldn’t have on the major exchanges, and you’ll experience just as smooth a user experience… I wouldn’t be surprised if, in the near future, Digitex ends up becoming just as big.”

Trading with Zero Fees

“Trading with zero fee really changes the way one can trade. It also allows for more mistakes which is great for beginners. If you are unsure about a position, you can scratch it very easily over and over again without paying fees for it. If you do that on other exchanges, you will see your balance go down fairly quick,” he says. 

Since November 2020, Marcus has turned 200,000 DGTX tokens into 4.6 million, worth roughly $50,600. The healthy returns have allowed him to spend more time with his wife and two kids, a luxury he described as “personal freedom.” 

Staying Disciplined

Marcus believes that one of the key factors to become a profitable trader is “practice, practice, and more practice.” Anyone willing to take up this career path must be willing to sacrifice countless hours of learning and screen time. 

Going through the 1-minute timeframe to “identify chart patterns that repeat themselves over and over again” is a common practice to “get the most learning input in a short timespan,” affirmed Marcus. But before getting there, it is imperative to study chart patterns and learn how to “identify trends, draw trendlines, spot divergences, and use the Fibonacci retracement levels.”

Finding a Trading Community

Once equipped with the right tools to read and understand price charts, Marcus believes it is critical to surround yourself with traders. The idea here is to understand what they are doing and see whether their ideas fit your personal bias. 

Sooner rather than later, traders realize that in trading, not everything is about profits. Marcus emphasizes that losses also represent valuable lessons. But when incurring a loss, one must analyze “what led to the situation.” He added that losing money is “part of the process in becoming a better trader.”

Observing the Golden Rule

Finally, to achieve success as a cryptocurrency futures trader, you must always remember the golden rule: never invest more than you can afford to lose. “When you start out trading, only use funds that you really can afford to lose. It’s important to be 100% emotion-free about trading. If one gets stressed out by being a bit in drawdown while trading, then that’s the first sign that no proper risk management was applied and/or funds used that you can’t afford to lose. Avoid that,” said Marcus. 

As you can see from Marcus’ story, becoming a winning trader isn’t easy  but it is possible. With hard work, discipline, and the right attitude, you could soon enjoy financial freedom and free yourself from the 9 to 5 as well.

If you’re interested in trading cryptocurrencies and futures, you can sign up here. On Digitex, you can buy, sell, and withdraw crypto 100% zero-fee. 

May 7, 2021
Digitex
Trading

Customer Success Story: Quitting the 9-to-5 Lifestyle Thanks to Digitex

Digitex
Customer Success Story: Quitting the 9-to-5 Lifestyle Thanks to Digitex 4

Digitex is changing the lives of many traders around the world. For the first time, cryptocurrency enthusiasts can engage in highly active and short-term trades without being penalized by commission fees that make it impossible to make a profit. Anyone can now take single-tick profits and losses without any edge working against them. Just read about this success story from Marcus who turned his 200,000 DGTX balance into 4.6 million in six months.

Quitting the 9-to-5 Lifestyle Thanks to Digitex

One of the many traders to take advantage of Digitex‘s zero-fee trading platform is Marcus. He never wanted to work for anyone else and sought an independent lifestyle, free from the worries of living from paycheck to paycheck like many of his friends. “This cycle was something I never liked for myself and wanted to break out of it,” he says.

So he started out as his own boss and began to make a decent living in network marketing. But, eventually, that got stale for Marcus, leading him to pursue forex trading. After thousands of hours spent in online trading courses and “practice, practice, and more practice,” he was able to grow his income. But it wasn’t until 2016 that he came across the Bitcoin whitepaper, marking a turning point in his professional career. 

Keeping It Simple

By employing a simple trading strategy, Marcus quickly became profitable. His goal was to capitalize on the volatility of cryptocurrencies to hit a specific target every day and step away to spend time with his family once his target was achieved. Such a methodology allowed him to book tens of thousands of dollars in profits. 

Nowadays, Marcus spends most of his time scalping on Digitex thanks to the platform’s commission-free cryptocurrency futures and spot trading features. While Digitex offers few trading pairs compared to other larger exchanges, Marcus keeps coming back for the much higher returns he makes without wasting money on commission fees. 

He says, “It’s true that at this point you most likely have a Binance or Coinbase account, but doesn’t mean you shouldn’t have a secondary account on an exchange like Digitex. It’s really one of those rare exchanges that gives you an edge you wouldn’t have on the major exchanges, and you’ll experience just as smooth a user experience… I wouldn’t be surprised if, in the near future, Digitex ends up becoming just as big.”

Trading with Zero Fees

“Trading with zero fee really changes the way one can trade. It also allows for more mistakes which is great for beginners. If you are unsure about a position, you can scratch it very easily over and over again without paying fees for it. If you do that on other exchanges, you will see your balance go down fairly quick,” he says. 

Since November 2020, Marcus has turned 200,000 DGTX tokens into 4.6 million, worth roughly $50,600. The healthy returns have allowed him to spend more time with his wife and two kids, a luxury he described as “personal freedom.” 

Staying Disciplined

Marcus believes that one of the key factors to become a profitable trader is “practice, practice, and more practice.” Anyone willing to take up this career path must be willing to sacrifice countless hours of learning and screen time. 

Going through the 1-minute timeframe to “identify chart patterns that repeat themselves over and over again” is a common practice to “get the most learning input in a short timespan,” affirmed Marcus. But before getting there, it is imperative to study chart patterns and learn how to “identify trends, draw trendlines, spot divergences, and use the Fibonacci retracement levels.”

Finding a Trading Community

Once equipped with the right tools to read and understand price charts, Marcus believes it is critical to surround yourself with traders. The idea here is to understand what they are doing and see whether their ideas fit your personal bias. 

Sooner rather than later, traders realize that in trading, not everything is about profits. Marcus emphasizes that losses also represent valuable lessons. But when incurring a loss, one must analyze “what led to the situation.” He added that losing money is “part of the process in becoming a better trader.”

Observing the Golden Rule

Finally, to achieve success as a cryptocurrency futures trader, you must always remember the golden rule: never invest more than you can afford to lose. “When you start out trading, only use funds that you really can afford to lose. It’s important to be 100% emotion-free about trading. If one gets stressed out by being a bit in drawdown while trading, then that’s the first sign that no proper risk management was applied and/or funds used that you can’t afford to lose. Avoid that,” said Marcus. 

As you can see from Marcus’ story, becoming a winning trader isn’t easy  but it is possible. With hard work, discipline, and the right attitude, you could soon enjoy financial freedom and free yourself from the 9 to 5 as well.

If you’re interested in trading cryptocurrencies and futures, you can sign up here. On Digitex, you can buy, sell, and withdraw crypto 100% zero-fee. 

Latest News

digitex

Community Feedback: How Much You Spent on Fees on Other Exchanges

Digitex
• Digitex
May 6, 2021

Digitex is the only exchange that enables high-frequency trading strategies like scalping because traders aren’t punished with commission fees like they are on every single other exchange. Saving on fees means you get to keep all your profit and, as you pointed out in our interactive contest on Twitter last week, that’s money that could be spent in many better ways (like on a Macbook, tablet, or even a nice dinner!). 

How Much You Can Save Trading on Digitex

To celebrate the launch of our new spot markets and show you how much you can save by trading on Digitex versus any other exchange, we decided to hold a giveaway. We’ve told you time and again about the benefits of trading commission-free on our exchange. But this simple competition on Twitter makes an even stronger case:

Community Feedback: How Much You Spent on Fees on Other Exchanges 5

https://twitter.com/Digitex_io/status/1387840633558257668

In the last month alone, our respondents collectively spent a massive $10,819 in commission fees on other exchanges. That’s an average of $190 each. The most that one of you spent was @rpg_ready out of pocket by an eye watering $2700 — definitely enough to cover the costs of a new computer! 

Each comment added 500 DGTX to the prize pool. We received 51 legitimate comments taking the prize pool up to 25,500 DGTX. Thanks to everyone who took part, the lucky winners are:

@sammietech – He walks away with the grand prize of 25,500 DGTX and the three friends he tagged receive 2,550 DGTX each:

@chrisgateC  

@CuitlahuacGJ 

@btsportfootball  

Congratulations to you all! Thank you for taking part and cementing our case for being the best place to trade cryptocurrency futures and spot. After all, wouldn’t you rather have the extra money to trade with, invest, or simply buy your lunch every day rather than helping exchange owners to deepen their pockets?

If you haven’t signed up for an account on Digitex yet, be sure to do so today. It’s quick, easy, and KYC-free. We even pay you to trade through our Liquidity Mining program. If you have any questions or want to find out more, either visit our socials or get in touch via our Live Chat function. 

Also, keep an eye out for our customer feedback survey results coming out next week. We have over 1,200 respondents giving us some truly great insights about our traders. Once we review all the info, we’ll be sharing it with you. 

May 6, 2021
Digitex

Community Feedback: How Much You Spent on Fees on Other Exchanges

Digitex
digitex

Digitex is the only exchange that enables high-frequency trading strategies like scalping because traders aren’t punished with commission fees like they are on every single other exchange. Saving on fees means you get to keep all your profit and, as you pointed out in our interactive contest on Twitter last week, that’s money that could be spent in many better ways (like on a Macbook, tablet, or even a nice dinner!). 

How Much You Can Save Trading on Digitex

To celebrate the launch of our new spot markets and show you how much you can save by trading on Digitex versus any other exchange, we decided to hold a giveaway. We’ve told you time and again about the benefits of trading commission-free on our exchange. But this simple competition on Twitter makes an even stronger case:

Community Feedback: How Much You Spent on Fees on Other Exchanges 6

https://twitter.com/Digitex_io/status/1387840633558257668

In the last month alone, our respondents collectively spent a massive $10,819 in commission fees on other exchanges. That’s an average of $190 each. The most that one of you spent was @rpg_ready out of pocket by an eye watering $2700 — definitely enough to cover the costs of a new computer! 

Each comment added 500 DGTX to the prize pool. We received 51 legitimate comments taking the prize pool up to 25,500 DGTX. Thanks to everyone who took part, the lucky winners are:

@sammietech – He walks away with the grand prize of 25,500 DGTX and the three friends he tagged receive 2,550 DGTX each:

@chrisgateC  

@CuitlahuacGJ 

@btsportfootball  

Congratulations to you all! Thank you for taking part and cementing our case for being the best place to trade cryptocurrency futures and spot. After all, wouldn’t you rather have the extra money to trade with, invest, or simply buy your lunch every day rather than helping exchange owners to deepen their pockets?

If you haven’t signed up for an account on Digitex yet, be sure to do so today. It’s quick, easy, and KYC-free. We even pay you to trade through our Liquidity Mining program. If you have any questions or want to find out more, either visit our socials or get in touch via our Live Chat function. 

Also, keep an eye out for our customer feedback survey results coming out next week. We have over 1,200 respondents giving us some truly great insights about our traders. Once we review all the info, we’ll be sharing it with you. 

Latest News

trading

The Pros and Cons of Crypto Investing and Trading

Trading
Cryptocurrency
• Digitex
May 5, 2021

Wondering how to capitalize on the crypto bull market’s gains?

To achieve that, you can choose between two main methods: to invest in digital assets for the long run or day trade crypto to generate short-term profits.

In this article, we will explain the main differences between the two approaches while introducing the pros and cons of each.

What Are the Pros and Cons of Long-Term Crypto Investments?

One of the easiest ways to gain exposure to the crypto market is by investing in digital assets for the long term.

With this strategy, you buy and hold cryptocurrencies for at least several months (or even multiple years) and later sell them for a profit after their prices have increased to a satisfactory level.

While the investment approach doesn’t take short-term price movements into account, it requires investors to leverage fundamental analysis, in which they carefully research digital assets to select the most promising ones.

Since crypto investing is a long-term strategy, it comes with only a few monthly or yearly trades, which can save you time as well as provide tax benefits in some jurisdictions. For the same reason, less paperwork is required to report investment-related income.

Also, it’s easier for beginners to get started as they don’t have to learn how to use various technical analysis tools and implement them into their crypto trading strategies.

Moreover, investment strategies like dollar-cost averaging (DCA) – in which one invests a fixed amount of funds in an asset at regular intervals (e.g., $100 on the first day of each month throughout a year) – can remove the extra legwork needed for attempting to time the market.

On the flip side, investing for the long-term in crypto is not suitable for making regular or a full-time income.

While crypto investment is usually considered safer than day trading, you face higher risks with this strategy if you fail to research projects properly (or if you don’t do any research).

Furthermore, while you can make a decent income in the long run with this strategy, crypto investors usually miss out on multiple short-term profit-making opportunities.

What Are the Pros and Cons of Day Trading Crypto?

Unlike investing, day trading crypto involves entering and exiting positions more frequently with the goal to generate profits on short-term price movements.

For that reason, this approach requires increased time to monitor markets, especially if you are using a high-frequency trading strategy like scalping.

On the other hand, unlike with investing, you can leverage day trading to capitalize on short-term opportunities to make profits.

And, if you are a successful trader, you can even use this strategy to generate regular, potentially full-time, revenue.

Instead of fundamental analysis, traders incorporate multiple technical analysis tools and indicators into their crypto trading strategies to study trends as well as identify and interpret signals.

For that reason, mastering day trading is often a more challenging task than learning how to invest in cryptocurrency in the long run.

Unlike investors who can just wait out short periods of volatility, traders are more affected by emotions like fear, greed, and hope, which often influence their decisions negatively.

Day trading usually involves more risks than long-term holding, so it’s crucial for traders to learn how to manage and minimize them to maintain profitable trades.

That said, with effective risk management and the ability to keep your emotions under control, day trading crypto can become a lucrative strategy to capitalize on the rising digital asset market.

On top of that, day traders can amplify their gains from successful trades by trading Bitcoin with leverage.

Invest and Trade Crypto on Digitex

Both investing and day trading are viable approaches to gain exposure to the fast-growing digital asset market.

While investment focuses on generating long-term revenue, day trading aims to capture profits from numerous short-term trades.

In addition to its Bitcoin futures exchange, the next-generation crypto trading platform Digitex has recently opened access for its users to spot markets as well.

As a result, you can now leverage both investing and day trading strategies to generate potential profits on cryptocurrencies on Digitex.

Oh, and we almost forgot to mention: since Digitex completely eliminates trading fees, you can keep 100% of your profits on the platform.

Sounds fantastic, right?

Open an account at Digitex now!

May 5, 2021
Trading
Cryptocurrency

The Pros and Cons of Crypto Investing and Trading

Digitex
trading

Wondering how to capitalize on the crypto bull market’s gains?

To achieve that, you can choose between two main methods: to invest in digital assets for the long run or day trade crypto to generate short-term profits.

In this article, we will explain the main differences between the two approaches while introducing the pros and cons of each.

What Are the Pros and Cons of Long-Term Crypto Investments?

One of the easiest ways to gain exposure to the crypto market is by investing in digital assets for the long term.

With this strategy, you buy and hold cryptocurrencies for at least several months (or even multiple years) and later sell them for a profit after their prices have increased to a satisfactory level.

While the investment approach doesn’t take short-term price movements into account, it requires investors to leverage fundamental analysis, in which they carefully research digital assets to select the most promising ones.

Since crypto investing is a long-term strategy, it comes with only a few monthly or yearly trades, which can save you time as well as provide tax benefits in some jurisdictions. For the same reason, less paperwork is required to report investment-related income.

Also, it’s easier for beginners to get started as they don’t have to learn how to use various technical analysis tools and implement them into their crypto trading strategies.

Moreover, investment strategies like dollar-cost averaging (DCA) – in which one invests a fixed amount of funds in an asset at regular intervals (e.g., $100 on the first day of each month throughout a year) – can remove the extra legwork needed for attempting to time the market.

On the flip side, investing for the long-term in crypto is not suitable for making regular or a full-time income.

While crypto investment is usually considered safer than day trading, you face higher risks with this strategy if you fail to research projects properly (or if you don’t do any research).

Furthermore, while you can make a decent income in the long run with this strategy, crypto investors usually miss out on multiple short-term profit-making opportunities.

What Are the Pros and Cons of Day Trading Crypto?

Unlike investing, day trading crypto involves entering and exiting positions more frequently with the goal to generate profits on short-term price movements.

For that reason, this approach requires increased time to monitor markets, especially if you are using a high-frequency trading strategy like scalping.

On the other hand, unlike with investing, you can leverage day trading to capitalize on short-term opportunities to make profits.

And, if you are a successful trader, you can even use this strategy to generate regular, potentially full-time, revenue.

Instead of fundamental analysis, traders incorporate multiple technical analysis tools and indicators into their crypto trading strategies to study trends as well as identify and interpret signals.

For that reason, mastering day trading is often a more challenging task than learning how to invest in cryptocurrency in the long run.

Unlike investors who can just wait out short periods of volatility, traders are more affected by emotions like fear, greed, and hope, which often influence their decisions negatively.

Day trading usually involves more risks than long-term holding, so it’s crucial for traders to learn how to manage and minimize them to maintain profitable trades.

That said, with effective risk management and the ability to keep your emotions under control, day trading crypto can become a lucrative strategy to capitalize on the rising digital asset market.

On top of that, day traders can amplify their gains from successful trades by trading Bitcoin with leverage.

Invest and Trade Crypto on Digitex

Both investing and day trading are viable approaches to gain exposure to the fast-growing digital asset market.

While investment focuses on generating long-term revenue, day trading aims to capture profits from numerous short-term trades.

In addition to its Bitcoin futures exchange, the next-generation crypto trading platform Digitex has recently opened access for its users to spot markets as well.

As a result, you can now leverage both investing and day trading strategies to generate potential profits on cryptocurrencies on Digitex.

Oh, and we almost forgot to mention: since Digitex completely eliminates trading fees, you can keep 100% of your profits on the platform.

Sounds fantastic, right?

Open an account at Digitex now!

Latest News

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 7

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 8

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

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 9

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 10

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 11

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 12

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 13

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 14

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