Community Questions About Blockfunder, DGTX, and Beyond 1

Community Questions About Blockfunder, DGTX, and Beyond

Crypto Industry
• Digitex
June 8, 2021

We’ve kicked off the Blockster (BXR) token sale and it’s off to a strong start! We’ve had positive feedback from several key influencers and a few hundred sales have come in. Track the action yourself or join in by heading to our Blockfunder page. During the first phase of the sale, BXR tokens are available for the reduced price of $1 each and purchases are accepted in DGTX only.

And while our very first IEO is taking place, as always, we’re gathering feedback from the community. Beyond our stellar trading platform and super talented team, it’s you guys we value the most. We’ve been able to expand and grow even through the toughest of circumstances thanks to your ongoing feedback and support. 

This week, your questions are answered by Digitex’s Product Owner Alexey Veledinskii (AV). He’s one of the driving forces behind the high-quality upgrades you’ve seen lately and is working closely with Adam to keep the roadmap on track. We’ll share a spotlight on AV later this month, but for now, let’s dive into your questions.

Q. Was Blockfunder the only solution mentioned in the blog to take DGTX out of circulation?

A. Blockfunder is only the first step that we will take in this direction. We understand that to create demand for DGTX, we need to add more utility for the token. We have several ideas and will deploy some of them this year (autumn will be rich for harvest).

Q. Any news about the stablecoin?

A. We can’t give any details on that right now, but we know that our traders really want stable derivatives markets and satisfying our traders is the main reason we’re all here working on Digitex.io development.

Q. Are bracket orders coming soon?

A. We are in the concept stage of refactoring Delayed Actions (Conditional orders, SL/TP) systems. We aim to deliver really easy-to-use Delayed Actions and bracket orders.

Q. Is the burning DGTX tokens idea on the table? Like some proportion of the Blockfunder sales maybe.

A. Burning may be helpful for short to medium term but it can’t be good as a long term solution. DGTX received from the BXR token sale will not be burned, but in future, when we add more utility for DGTX, we can implement a burning system to warm the market up.

Q. Is there going to be a staking period and penalty if un-staked earlier than the period; burning some of the unstaked tokens is a good idea as well.

A. This seems strange. Like we are going to force our traders to use DGTX or lose it. My point is that I think this is the wrong way to do it. We must create demand for DGTX by improving our products, make it more stable on one hand, and more flexible on the other. That’s why creating new utilities for DGTX is our top priority.

Q. Many trade on mobile, any news on that?

A. We already put some logic and design to our early version of the mobile app. The work is in progress, but we can’t say any ETA yet. Our goal is to adapt our Ladder interface for mobile screens. It’s very hard, but we know that the Ladder trading UI has excellent feedback from the community, and it is much more comfortable than a classic UI, especially for quick trades on fast moving markets.

Q. Are you going to improve the spread?

A. Having a big spread is not an issue in itself. We discovered the reasons why it happens and are going to change the market maker model. Also we hired a very experienced senior-level developer with trading bot making experience.

That wraps it up for this week but if you still have a question you want us to answer, be sure to get in touch. Our helpful support staff are on hand 24/7 and you can also reach us on our socials. Also, don’t forget to get in on the Blockster sale right now. Earn extra BXR tokens by referring friends, you can find all the details here.

 

June 8, 2021
Crypto Industry

Community Questions About Blockfunder, DGTX, and Beyond

Digitex
Community Questions About Blockfunder, DGTX, and Beyond 2

We’ve kicked off the Blockster (BXR) token sale and it’s off to a strong start! We’ve had positive feedback from several key influencers and a few hundred sales have come in. Track the action yourself or join in by heading to our Blockfunder page. During the first phase of the sale, BXR tokens are available for the reduced price of $1 each and purchases are accepted in DGTX only.

And while our very first IEO is taking place, as always, we’re gathering feedback from the community. Beyond our stellar trading platform and super talented team, it’s you guys we value the most. We’ve been able to expand and grow even through the toughest of circumstances thanks to your ongoing feedback and support. 

This week, your questions are answered by Digitex’s Product Owner Alexey Veledinskii (AV). He’s one of the driving forces behind the high-quality upgrades you’ve seen lately and is working closely with Adam to keep the roadmap on track. We’ll share a spotlight on AV later this month, but for now, let’s dive into your questions.

Q. Was Blockfunder the only solution mentioned in the blog to take DGTX out of circulation?

A. Blockfunder is only the first step that we will take in this direction. We understand that to create demand for DGTX, we need to add more utility for the token. We have several ideas and will deploy some of them this year (autumn will be rich for harvest).

Q. Any news about the stablecoin?

A. We can’t give any details on that right now, but we know that our traders really want stable derivatives markets and satisfying our traders is the main reason we’re all here working on Digitex.io development.

Q. Are bracket orders coming soon?

A. We are in the concept stage of refactoring Delayed Actions (Conditional orders, SL/TP) systems. We aim to deliver really easy-to-use Delayed Actions and bracket orders.

Q. Is the burning DGTX tokens idea on the table? Like some proportion of the Blockfunder sales maybe.

A. Burning may be helpful for short to medium term but it can’t be good as a long term solution. DGTX received from the BXR token sale will not be burned, but in future, when we add more utility for DGTX, we can implement a burning system to warm the market up.

Q. Is there going to be a staking period and penalty if un-staked earlier than the period; burning some of the unstaked tokens is a good idea as well.

A. This seems strange. Like we are going to force our traders to use DGTX or lose it. My point is that I think this is the wrong way to do it. We must create demand for DGTX by improving our products, make it more stable on one hand, and more flexible on the other. That’s why creating new utilities for DGTX is our top priority.

Q. Many trade on mobile, any news on that?

A. We already put some logic and design to our early version of the mobile app. The work is in progress, but we can’t say any ETA yet. Our goal is to adapt our Ladder interface for mobile screens. It’s very hard, but we know that the Ladder trading UI has excellent feedback from the community, and it is much more comfortable than a classic UI, especially for quick trades on fast moving markets.

Q. Are you going to improve the spread?

A. Having a big spread is not an issue in itself. We discovered the reasons why it happens and are going to change the market maker model. Also we hired a very experienced senior-level developer with trading bot making experience.

That wraps it up for this week but if you still have a question you want us to answer, be sure to get in touch. Our helpful support staff are on hand 24/7 and you can also reach us on our socials. Also, don’t forget to get in on the Blockster sale right now. Earn extra BXR tokens by referring friends, you can find all the details here.

 

Latest News

DGTX

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
• Digitex
June 1, 2021

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

June 1, 2021
Digitex

DGTX Minting Is Canceled – There Will Be No More Minting

Digitex
DGTX

In December 2020, we released a mint schedule and began minting DGTX tokens on a quarterly basis. Since then, 590 million DGTX has been minted. Today, another 280 million DGTX was scheduled to be minted. However, after careful consideration and taking into account the feedback from our community, we decided to cancel the mint. There will be no more minting of DGTX today or in the future. Why? 

Why Cancel DGTX Minting?

As you know if you’ve been following our project, DGTX minting was always detailed in the original white paper as our means of supporting a zero-fee futures exchange. However, things change. The minting has proven to be hugely unpopular with our community, and we believe that it has a negative effect on the DGTX token price. 

The original plan for the token minting was to cover all the costs of our operations. As we developed and grew, new tokens were also destined to pay for our various rewards programs and market-making. Despite the benefits of rewarding our traders and providing liquidity for our markets, after six months of using this model, we can see that it simply isn’t working. Minting new DGTX is causing a negative effect and downward pressure on the DGTX token price.

Therefore, we’re happy to announce this news, and we believe that our community will be as well—especially now that we have a solution to replace the token minting model—Blockfunder.

Blockfunder Removes the Need for DGTX Minting

Blockfunder is an exciting new product for the Digitex ecosystem and it’s already live, with its first IEO on the way. Our token launching platform presents our company with a new way of generating additional income to sustain operations. With the first IEO, Blockster crypto social network, three of the six token sale phases will accept DGTX only. This has the potential to collect up to $4.5 million worth of DGTX off the market. 

Adam enthused, “We’re really excited to introduce Blockfunder as it eliminates the need for token minting and, at the same time, creates demand for DGTX. We’re also looking forward to partnering with exciting new startups that will join the Digitex ecosystem.”

A portion of every future IEO token raise will go to Blockfunder, as the token sale hosting platform, just as all other token sale platforms in the industry. And, speaking of other platforms, Blockfunder presents Digitex with an awesome new marketplace opportunity. As you probably already know, many of the trending token sale platforms right now, including Binance’s Launchpad, have a long list of startups lined up to be tokenized!

After the ICO craze died out and projects began to seek new ways to finance their endeavors, IEOs became a real viable alternative. In 2019, the average ROI from IEOs was a staggering 760%. Of course, with the lengthy bear market and dwindling interest in crypto, these numbers began to drop off. But as crypto mania awakens again, IEOs are making a fierce comeback.

The average ROI has shot up like a rocket, exceeding 6,000% on leading platforms. You just have to glance at an aggregator site like CryptoTotem to find upwards of 20 IEOs going on in a given month with an average raise per IEO in the ballpark of $4,628,856.

With all these encouraging signs, we’re very excited about the potential of Blockfunder. We’re just starting out with our first IEO, our very own in-house-built project that we will leverage for all future IEOs and Digitex products. In the meantime, we’re preparing and designing our process for scouting and listing new and innovative projects.

Enabling the Digitex Ecosystem

Yesterday’s topic on the blog was about Digitex building a self-sustaining ecosystem in which each product enriches the others. And they all provide various external revenue sources that eliminate the need for token minting.

For example, after launching new startups on Blockfunder, their tokens will then be listed on the Digitex spot exchange. Blockster will help to build their social profiles where they can share daily news and build their audience. And Blockfarm will reward their communities in staking rewards, building up more followers through our yield farming platform.

“After years of trying, we’ve now got a large, well-managed in-house development team working on building out the Digitex ecosystem. I can’t wait for the markets to figure this out and I look forward to a sharp and sudden revaluation of the DGTX token,” Adam added. 

With all these positive initiatives going on, we ask you to continue to support us as we build and fortify this ecosystem. We understand that you’ve been waiting for the DGTX token price to be in a much better position by now, especially since the exchange and our technology has so greatly improved. So, we hope that you’ll be encouraged by all our latest news. As always, we are listening, and we’re stopping the minting. Together, we will make Digitex truly great. Thank you for your support.

Latest News

digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
• Digitex
May 31, 2021

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

May 31, 2021
Digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
digitex

By now, you’ll have probably heard our exciting news about the launch of Digitex’s own IEO platform Blockfunder. As with everything we do, we’ve been collecting your thoughts and feedback on the initiative. We’ve received a lot of praise and positivity around Blockfunder, but several concerns about the first project to launch, Blockster. So, let’s discuss your main queries here and let you in on the vision we have for Digitex moving forward.

Q. Why are you launching a new product, are you giving up on the exchange?

A. Absolutely not! Digitex is (and will always be) our flagship product and, as you know, we are continually working to develop and improve it, with zero-fee spot markets, improved UI, and competitive staking programs among some of our latest developments.

Blockfunder is just one of Digitex’s most recent products and, apart from many other advantages, we see it as an excellent opportunity to create an additional new utility for DGTX. As we will be accepting DGTX only in certain phases of the fundraisers, we have the chance to reduce its circulating supply. 

We’re not stopping at the Blockster platform, either. Our goal is to host all types of high-potential blockchain projects that we believe will become successful and expand the Digitex ecosystem. We’re launching Blockster first because it makes sense. As a dedicated social network for all things crypto, Blockster will help Digitex and benefit all future IEO projects. They will have a dedicated marketing channel to promote their token sales. 

Blockster will allow us to amass a highly targeted audience and direct traffic to the Digitex exchange. We can also build strategic partnerships with cryptocurrency projects via Blockster to be able to list them on Digitex for you to trade.

So for anyone concerned that we’re walking away from Digitex, nothing could be further from the truth. Blockster creates a tremendous opportunity for all of Digitex’s products to be marketed. Here are just a few examples:

  1. Blockfarm: Our new yield farming platform inside the exchange allows for attractive rewards in a host of different cryptocurrencies by staking DGTX. Within Blockster, there will be a link for users to discover new coins that they can farm by staking DGTX.
  2. Blockfunder: Our new IEO platform for launching up-and-coming projects. Users within Blockster can discover innovative initiatives and get in at the early stages.
  3. Digitex: Our flagship zero-fee spot and futures exchange. Users can be directed from Blockster to Digitex to buy any of the cryptocurrencies that are partnered with our exchange. If you get a chance to read the whitepaper, you’ll see that Blockster has a coin ranking page called Blockwatch (similar to Coinmarketcap). You can click on each individual coin and view their page. Over time, we plan to partner with all the major cryptos in the space and we build coin listing partnerships with Digitex.

Blockster will open doors for Digitex in so many ways. Our goal is to build an ecosystem of products that support each other. We’ve been working very hard, we’re moving at a much faster pace than ever before, and the quality of our products has greatly improved. That’s because we’ve dedicated a lot of time and effort to building a strong team to support our endeavors. 

We’re still working on improvements to the Digitex exchange and we’re very much aware of what we need to work on. The guys are working as fast as they can to improve key features like our API, liquidity, and volume–all without jeopardizing quality. As our technology improves, so will our ability to attract more and more users to Digitex. 

Q. What will happen to the DGTX collected?

A. The DGTX tokens which we collect from this IEO will be put away, and not sold back on the market. The idea is to collect tokens to reduce the circulating supply–putting them back out would be going backwards. Our company goal is to build demand for the DGTX token. This is why we’ve been introducing new products within our exchange that will lend more utility to the DGTX token.

Currently, DGTX allows you to trade on our zero-fee futures and spot markets, stake on Blockfarm, lend liquidity on Uniswap, earn liquidity mining rewards by trading DGTX for market-making purposes, and, most recently, buy new tokens on our IEO platform… And there’s still plenty more to come this year. 

So far, Q2 has been focused on releasing new products, testing, and improving them. What you’ll see during the second half of this year is a greater focus on business development, so that we can build new partnerships, get new listings for Digitex, and more tokens to yield farm on Blockfarm. Blockfunder will also have new initial exchange offerings. So we ask for your support, community! Because it’s all happening and it’s all going to come together.

Q. Is Blockster just an attempt at a “money grab”?

Unfortunately, we had a fair amount of concerns about Blockster, and some community members wanting to know why we’re tokenizing Blockster, and whether it’s just an attempt at a “money grab” from us. But, how is accepting DGTX only in half the phases of the token sale a money grab? We’re going to be reducing DGTX’s circulating supply, which will help our utility token to recapture value.

Moreover, we’re tokenizing Blockster for several other reasons as well. To start with, the money we raise will be used to further develop the platform and allow us to pursue high-scale marketing initiatives. Just imagine being able to have a few million users on Blockster! As a Digitex product, we can then direct the traffic straight to the exchange. This will be huge for us in attracting new users. 

Additionally, unlike the myriad of blockchain projects out there that still haven’t launched their products or have insufficient experience in development, Blockster is a product that has been in development for a full year now and is in the final testing stages, with a solid team behind it. 

As more people join the crypto industry, and existing participants still have to navigate a fragmented landscape for all their needs, Blockster will become the perfect go-to platform for them.

Q. Isn’t BXR at $1 per token too high?

A. No. We don’t think it is. Actually, if you do some research on the going rate to advertise cryptocurrency projects, you’ll see how expensive it is to advertise to a legitimate and highly targeted audience–we’re building that audience for Blockster. 

We want you to get behind us and understand our vision for the Digitex ecosystem. With the token sale coming up on June 7, we also want to make sure that we clear up any doubts and help you understand why Blockster is so well placed to succeed. So, please, if you still have questions, send them to our support team or share them on our social channels. We will answer them all. 

Latest News

Development Update - What’s Coming Next to Digitex? 3

Development Update – What’s Coming Next to Digitex?

Digitex
• Digitex
May 24, 2021

It’s been a rollercoaster year for the cryptocurrency industry–and we’re still in quarter two! If you’ve been around long enough, you’ll know that this type of volatility is completely normal for these markets. But, if you’re feeling rattled by the recent price corrections, we recommend you zoom out and focus on the fundamentals. That’s what we’re doing at Digitex. We’re building out our team, expanding our range of products and services, and improving our exchange. Catch the highlights below.

What We’ve Done in Q2 So Far

First and foremost, in 2021, we’ve expanded our core development team in Kyiv and made a ton of great progress this year. In quarter two so far, we’ve launched our zero-fee spot markets with major upgrades, including the UI, Liquidity Mining rewards, the ability to withdraw BTC, ETH, and USDC, and merging the main website to the new digitex.io domain.

We know that from your feedback, you’re loving our zero-fee markets and making huge savings when compared to trading on other exchanges. We’ve also added the ability to send crypto instantly with zero fees via email, making it much easier and cheaper to make payments and onboard new people to the exchange.

Development Update - What’s Coming Next to Digitex? 4

Earlier this month, we added more utility for the DGTX token by bringing you Blockfarm, our in-house yield farming platform that allows you to earn rewards in different cryptocurrencies by staking DGTX. We have two active programs on the platform so far with users earning rewards in BTC and ETH, each at over 100% APY currently. Stake and unstake at any time and put your DGTX stash to better use earning an easy passive income.

We also made a major upgrade to the navigation on the exchange, allowing users to simply click the “+” button to open a drop-down menu that lets them easily switch between spot and futures markets from within the same interface. And, because the price and volatility of ETH has increased so rapidly, we also adjusted the tick size on our ETHUSD market to give you an optimized trading experience and make liquidity mining easier.

What’s Still to Come in Q2 and Q3

We’re still keeping a few exciting updates up our sleeves (all will be revealed shortly) but we can share a few of the developments to look out for next month and beyond, including an affiliate program and a unified API that will provide us with the ability to emplement Digitex connectors for most popular bot trading solutions on the market. This will be music to the ears of all algo traders out there. And, by popular demand, we’ll also be adding the trading ladder interface to our spot markets, so you’ll be able to display multiple ladders from within the same interface.

More staking programs will be coming to Blockfarm all the time with other cryptocurrencies, as well as new token listings to our spot markets–so keep an eye out for many more trending tokens to come! We’ll also be tackling the issue of DGTX volatility when trading by making a change to our futures markets (more on that soon), and finally shipping you the user-configurable bots you’ve been hankering after. The mobile responsive version of the exchange will be completed in Q3 as well.

A Whole Lot More Besides

Many of our traders agree that the functionality of the exchange is exceptional in comparison to many other exchanges on the market. We’re proud to say that Digitex has proven itself robust throughout all of crypto’s volatility and very few exchanges can say the same.

We know that many of you are still waiting for our exchange listing on CoinMarketCap. We can tell you that we have just updated our system API to meet CMC’s listing requirements and have submitted everything they require. Now, we just have to wait for them to follow through.

We’re excited to finally have our futures and spot markets listed here as we know this will bring us a lot more visibility. And talking of visibility, we’re really stepping up the marketing now that we have relaunched as Digitex.io. We have been actively working with many influencer groups on a daily basis, and last month, our monthly visitors went up to 250K. We plan to consistently grow this number month by month, with around 200 signups daily.

Regarding DGTX tokenomics, we’re creating more ways to increase the demand for DGTX. We will be continually releasing more staking programs–not just on Blockfarm but other programs that are coming soon as well. We’re also introducing a program that will collect a lot of the DGTX off the market and constrict its circulating supply… we’re sure you’re going to love it.

Finally, let’s address the elephant in the room: the DGTX token price. The market has been brutal lately all round and we know that the current price of the DGTX token may look as if nothing is happening here. But, as you can see, this couldn’t be further from the truth. Our team is growing, our development has never been better, and we have a strong road map ahead. 

DGTX will have a major comeback and we thank all of you who’ve stayed with us for this crazy ride. We’ll finish the third quarter of this exceptional year stronger than ever with a sophisticated UI, more markets, more rewards programs, a solution for DGTX volatility and utility and a robust zero-fee exchange that lets you keep 100% of your profits.

May 24, 2021
Digitex

Development Update – What’s Coming Next to Digitex?

Digitex
Development Update - What’s Coming Next to Digitex? 5

It’s been a rollercoaster year for the cryptocurrency industry–and we’re still in quarter two! If you’ve been around long enough, you’ll know that this type of volatility is completely normal for these markets. But, if you’re feeling rattled by the recent price corrections, we recommend you zoom out and focus on the fundamentals. That’s what we’re doing at Digitex. We’re building out our team, expanding our range of products and services, and improving our exchange. Catch the highlights below.

What We’ve Done in Q2 So Far

First and foremost, in 2021, we’ve expanded our core development team in Kyiv and made a ton of great progress this year. In quarter two so far, we’ve launched our zero-fee spot markets with major upgrades, including the UI, Liquidity Mining rewards, the ability to withdraw BTC, ETH, and USDC, and merging the main website to the new digitex.io domain.

We know that from your feedback, you’re loving our zero-fee markets and making huge savings when compared to trading on other exchanges. We’ve also added the ability to send crypto instantly with zero fees via email, making it much easier and cheaper to make payments and onboard new people to the exchange.

Development Update - What’s Coming Next to Digitex? 6

Earlier this month, we added more utility for the DGTX token by bringing you Blockfarm, our in-house yield farming platform that allows you to earn rewards in different cryptocurrencies by staking DGTX. We have two active programs on the platform so far with users earning rewards in BTC and ETH, each at over 100% APY currently. Stake and unstake at any time and put your DGTX stash to better use earning an easy passive income.

We also made a major upgrade to the navigation on the exchange, allowing users to simply click the “+” button to open a drop-down menu that lets them easily switch between spot and futures markets from within the same interface. And, because the price and volatility of ETH has increased so rapidly, we also adjusted the tick size on our ETHUSD market to give you an optimized trading experience and make liquidity mining easier.

What’s Still to Come in Q2 and Q3

We’re still keeping a few exciting updates up our sleeves (all will be revealed shortly) but we can share a few of the developments to look out for next month and beyond, including an affiliate program and a unified API that will provide us with the ability to emplement Digitex connectors for most popular bot trading solutions on the market. This will be music to the ears of all algo traders out there. And, by popular demand, we’ll also be adding the trading ladder interface to our spot markets, so you’ll be able to display multiple ladders from within the same interface.

More staking programs will be coming to Blockfarm all the time with other cryptocurrencies, as well as new token listings to our spot markets–so keep an eye out for many more trending tokens to come! We’ll also be tackling the issue of DGTX volatility when trading by making a change to our futures markets (more on that soon), and finally shipping you the user-configurable bots you’ve been hankering after. The mobile responsive version of the exchange will be completed in Q3 as well.

A Whole Lot More Besides

Many of our traders agree that the functionality of the exchange is exceptional in comparison to many other exchanges on the market. We’re proud to say that Digitex has proven itself robust throughout all of crypto’s volatility and very few exchanges can say the same.

We know that many of you are still waiting for our exchange listing on CoinMarketCap. We can tell you that we have just updated our system API to meet CMC’s listing requirements and have submitted everything they require. Now, we just have to wait for them to follow through.

We’re excited to finally have our futures and spot markets listed here as we know this will bring us a lot more visibility. And talking of visibility, we’re really stepping up the marketing now that we have relaunched as Digitex.io. We have been actively working with many influencer groups on a daily basis, and last month, our monthly visitors went up to 250K. We plan to consistently grow this number month by month, with around 200 signups daily.

Regarding DGTX tokenomics, we’re creating more ways to increase the demand for DGTX. We will be continually releasing more staking programs–not just on Blockfarm but other programs that are coming soon as well. We’re also introducing a program that will collect a lot of the DGTX off the market and constrict its circulating supply… we’re sure you’re going to love it.

Finally, let’s address the elephant in the room: the DGTX token price. The market has been brutal lately all round and we know that the current price of the DGTX token may look as if nothing is happening here. But, as you can see, this couldn’t be further from the truth. Our team is growing, our development has never been better, and we have a strong road map ahead. 

DGTX will have a major comeback and we thank all of you who’ve stayed with us for this crazy ride. We’ll finish the third quarter of this exceptional year stronger than ever with a sophisticated UI, more markets, more rewards programs, a solution for DGTX volatility and utility and a robust zero-fee exchange that lets you keep 100% of your profits.

Latest News

blockfarm

Blockfarm: $40,000 BTC Pool Kicks Off on Friday

Digitex
• Digitex
May 19, 2021

Last Friday, we kicked off our very first staking program through our brand-new yield farming platform Blockfarm. Users who want to earn a passive income on their crypto holdings can simply stake DGTX and earn generous rewards in various different cryptos. 

We started the program with Ether rewards, and are paying out a total of just over $30,000 worth of ETH (12 ETH) in 30 days–and now we’re stepping up the action! This Friday, we’ll be adding a Bitcoin staking program to the mix, with 1 BTC worth of rewards up for grabs (around $40,000).

If you like the idea of putting your DGTX to use by staking it to earn rewards in BTC, you can prestake now. With 48 hours to go until kickoff, you can secure your place in the queue by completing a quick KYC check and setting up your account.

Stake DGTX and Earn Your Share of 1 BTC in Rewards

Whether you’ve been actively trading or watching on in horror as the crypto markets sell off, we can help you ease the blow. All you have to do (if you haven’t already) is create an account on Digitex, purchase DGTX commission-free on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

The APY will vary depending on how many users take part but the current APY on our ETH staking program on Blockfarm is 56% with more than 114 million DGTX staked over the last few days.

Blockfarm: $40,000 BTC Pool Kicks Off on Friday 7

We’re excited to be able to bring you staking rewards in the world’s most popular cryptocurrency and we hope that you’ll take advantage of this program as well as our existing ETH staking rewards. We’ll be adding more coins to the program as they get listed on the exchange, so keep your eyes open for further details and, until then, happy staking!

May 19, 2021
Digitex

Blockfarm: $40,000 BTC Pool Kicks Off on Friday

Digitex
blockfarm

Last Friday, we kicked off our very first staking program through our brand-new yield farming platform Blockfarm. Users who want to earn a passive income on their crypto holdings can simply stake DGTX and earn generous rewards in various different cryptos. 

We started the program with Ether rewards, and are paying out a total of just over $30,000 worth of ETH (12 ETH) in 30 days–and now we’re stepping up the action! This Friday, we’ll be adding a Bitcoin staking program to the mix, with 1 BTC worth of rewards up for grabs (around $40,000).

If you like the idea of putting your DGTX to use by staking it to earn rewards in BTC, you can prestake now. With 48 hours to go until kickoff, you can secure your place in the queue by completing a quick KYC check and setting up your account.

Stake DGTX and Earn Your Share of 1 BTC in Rewards

Whether you’ve been actively trading or watching on in horror as the crypto markets sell off, we can help you ease the blow. All you have to do (if you haven’t already) is create an account on Digitex, purchase DGTX commission-free on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

The APY will vary depending on how many users take part but the current APY on our ETH staking program on Blockfarm is 56% with more than 114 million DGTX staked over the last few days.

Blockfarm: $40,000 BTC Pool Kicks Off on Friday 8

We’re excited to be able to bring you staking rewards in the world’s most popular cryptocurrency and we hope that you’ll take advantage of this program as well as our existing ETH staking rewards. We’ll be adding more coins to the program as they get listed on the exchange, so keep your eyes open for further details and, until then, happy staking!

Latest News

Check Out All the Ways to Earn on Digitex.io 9

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 10

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

crypto

Send Crypto via Email Instantly with Zero Fees – Plus More Updates

Digitex
• Digitex
May 13, 2021

It’s been a busy week for Digitex so far–and we hope you’re pleased with the progress! In today’s blog post, we’re going to take a closer look at our latest upgrade and all the new functionality and improvements you can find on Digitex. From our brand-new yield farming platform to the new internal transfer feature allowing users to instant-send crypto via email. Check out what we’ve added below.

Send Crypto with Zero Fees by Email

One of the most exciting features of our latest upgrade is that it lets users send crypto instantly and with zero fees over email. How does it work? When sending crypto to any user on the Digitex exchange, they will receive your email with a confirmation link. Once they click on the link, they will be redirected to their account to retrieve the funds. 

You can send crypto to people who aren’t existing Digitex users as well. Once they receive your email, all they have to do is click on the confirmation link. They will be redirected to the Digitex platform where they simply need to set up a password to retrieve their funds. If for any reason the user doesn’t click on the link within three days, it will expire and the money will be returned to the sender. 

This upgrade makes sending crypto simple and fast and is a great way of telling your friends about Digitex and onboarding new users at the same time. Plus, you can use this feature to save on the sky-high gas fees.

Earn ETH Rewards with Blockfarm Yield Farming Platform

We’re especially excited about our new yield farming platform, Blockfarm, as it provides a lot more utility for the DGTX token and allows holders to earn rewards in different cryptocurrencies starting with ETH. If you missed yesterday’s blog post, you can read more about earning crypto rewards with Blockfarm here

So far, the community sentiment has been extremely positive and we’ve been hearing great things about the program. We’ll be gathering more feedback over the weekend to share with you next week. And don’t forget, the ETH rewards program is the first of many to come. We’ll be adding plenty of other trending altcoins soon. Regular Digitex trader Marcus comments, “Overall, Blockfarm is a great and highly needed addition for the DGTX ecosystem.” 

It’s kicking off tomorrow but you can get ahead now by completing a simple KYC check. Why KYC? We know that most of you find this annoying, but unfortunately, we need a barrier to prevent US citizens from using the exchange. As Adam explains, “We block US traffic to the exchange but we understand that users can use VPN, so this is an extra measure.” As part of our continued effort to prevent US people from using the exchange, we will also be adding a quick KYC-check to the Converter next week as well.

Navigate the Exchange Even Easier

We have also upgraded our UI once again to make navigation even easier. Thanks to our new drop-down menu you can now customize the interface to suit you and remove or ‘drag and drop’ the market you want active on your top menu. It makes for a really intuitive and personalized user experience. Enjoy!

ETH Tick Size Has Increased to $1 

Finally, this week, we also increased the tick size on our ETHUSD market to $1. As Ether’s price has risen so much lately, trading with a small tick size of $0.25 makes for a poor user experience with the price jumping off the top and bottom of the page especially during periods of high volatility. Increasing the tick size will create a better trading experience. Let us know what you think! We understand that it may be a bit of a change, but try it out and give us your honest feedback, we’re always ready to listen and improve.

We hope you’re enjoying the latest upgrades to the platform. Don’t forget that ETH yield farming kicks off tomorrow. So, prestake now so you don’t miss it when it starts at 12:00 UTC. There’s a total of $50,000 worth of ETH rewards to be won during the first 30 days, so be sure to take advantage!

May 13, 2021
Digitex

Send Crypto via Email Instantly with Zero Fees – Plus More Updates

Digitex
crypto

It’s been a busy week for Digitex so far–and we hope you’re pleased with the progress! In today’s blog post, we’re going to take a closer look at our latest upgrade and all the new functionality and improvements you can find on Digitex. From our brand-new yield farming platform to the new internal transfer feature allowing users to instant-send crypto via email. Check out what we’ve added below.

Send Crypto with Zero Fees by Email

One of the most exciting features of our latest upgrade is that it lets users send crypto instantly and with zero fees over email. How does it work? When sending crypto to any user on the Digitex exchange, they will receive your email with a confirmation link. Once they click on the link, they will be redirected to their account to retrieve the funds. 

You can send crypto to people who aren’t existing Digitex users as well. Once they receive your email, all they have to do is click on the confirmation link. They will be redirected to the Digitex platform where they simply need to set up a password to retrieve their funds. If for any reason the user doesn’t click on the link within three days, it will expire and the money will be returned to the sender. 

This upgrade makes sending crypto simple and fast and is a great way of telling your friends about Digitex and onboarding new users at the same time. Plus, you can use this feature to save on the sky-high gas fees.

Earn ETH Rewards with Blockfarm Yield Farming Platform

We’re especially excited about our new yield farming platform, Blockfarm, as it provides a lot more utility for the DGTX token and allows holders to earn rewards in different cryptocurrencies starting with ETH. If you missed yesterday’s blog post, you can read more about earning crypto rewards with Blockfarm here

So far, the community sentiment has been extremely positive and we’ve been hearing great things about the program. We’ll be gathering more feedback over the weekend to share with you next week. And don’t forget, the ETH rewards program is the first of many to come. We’ll be adding plenty of other trending altcoins soon. Regular Digitex trader Marcus comments, “Overall, Blockfarm is a great and highly needed addition for the DGTX ecosystem.” 

It’s kicking off tomorrow but you can get ahead now by completing a simple KYC check. Why KYC? We know that most of you find this annoying, but unfortunately, we need a barrier to prevent US citizens from using the exchange. As Adam explains, “We block US traffic to the exchange but we understand that users can use VPN, so this is an extra measure.” As part of our continued effort to prevent US people from using the exchange, we will also be adding a quick KYC-check to the Converter next week as well.

Navigate the Exchange Even Easier

We have also upgraded our UI once again to make navigation even easier. Thanks to our new drop-down menu you can now customize the interface to suit you and remove or ‘drag and drop’ the market you want active on your top menu. It makes for a really intuitive and personalized user experience. Enjoy!

ETH Tick Size Has Increased to $1 

Finally, this week, we also increased the tick size on our ETHUSD market to $1. As Ether’s price has risen so much lately, trading with a small tick size of $0.25 makes for a poor user experience with the price jumping off the top and bottom of the page especially during periods of high volatility. Increasing the tick size will create a better trading experience. Let us know what you think! We understand that it may be a bit of a change, but try it out and give us your honest feedback, we’re always ready to listen and improve.

We hope you’re enjoying the latest upgrades to the platform. Don’t forget that ETH yield farming kicks off tomorrow. So, prestake now so you don’t miss it when it starts at 12:00 UTC. There’s a total of $50,000 worth of ETH rewards to be won during the first 30 days, so be sure to take advantage!

Latest News

blockfarm

Introducing Blockfarm – Digitex’s New Yield Farming Program

Digitex
• Digitex
May 12, 2021

We have some very exciting news to share with you today which we hope you’ll love as much as we do. Starting this Friday, Digitex users can earn rewards in different cryptocurrencies by staking DGTX through our new yield farming program, Blockfarm, built within the Digitex platform. We’re kicking off the program with just one cryptocurrencyETHbut we’ll be adding more as they get listed on our spot markets.

Through Blockfarm, it’s easy to earn a passive income on your stash rather than letting your tokens sit in a hardware wallet. And, since the majority of our users prefer spot trading and earning rewards on their crypto to trading futures, Blockfarm provides the perfect way for them to take advantage of accumulating rewards and making their money work for them. 

If you want to get ahead now, you can prestake by completing the simple KYC check on the Blockfarm platform and securing your place in the queue.

Stake DGTX and Earn Attractive ETH Rewards 

With ETH on such a tear right now, many of you are making a lot of gains. But if you want to stake your ETH to earn ETH rewards on other platforms, you’ll have to lock it up for a long period of time while we wait for the eventual arrival of ETH 2.0. 

By using Blockfarm, users can stake and unstake their DGTX at any time and earn ETH rewards with competitive APYs. That creates a double win for our users as they earn on ETH’s rapidly climbing price–and accumulate rewards as well.

Another really great feature of Blockfarm is its simplicity. Unlike many DeFi protocols that are cumbersome, complex, and difficult to interact with, it couldn’t be easier to stake your DGTX to earn rewards. Simply create an account on Digitex, purchase DGTX commission-fee on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

Keep in mind that the APY will vary depending on how many users take part. But, for some reference, we have been running a successful yield farming program via Uniswap for around six months, and the APY there ranges between 35% and 150%.

The First of Many Cryptos to Come

“The ETH staking program will be the first of many to follow as more cryptocurrencies are added to the exchange,” Adam explains. “Blockfarm is designed to build value for Digitex users… therefore, as new cryptocurrencies begin to list on our zero-fee exchange, users will also be able to earn rewards in those currencies through our Blockfarm platform.”

To celebrate the launch of Blockfarm, participants can collectively earn a massive $50,000 worth of ETH in the first 30 days. So there really couldn’t be a better way to put your DGTX to use and earn rewards back in the hottest altcoin out there right now.

We’re thrilled to provide more utility for the DGTX token and drive demand for our long-term holders. As more yield farming programs get added to Blockfarm, the more demand will be driven to DGTX.

We hope that you will take advantage of this awesome new initiative and let us know your feedback as we’d love to hear what you think. As ever, simply hit us up on our socials or contact our customer support. Happy staking!

May 12, 2021
Digitex

Introducing Blockfarm – Digitex’s New Yield Farming Program

Digitex
blockfarm

We have some very exciting news to share with you today which we hope you’ll love as much as we do. Starting this Friday, Digitex users can earn rewards in different cryptocurrencies by staking DGTX through our new yield farming program, Blockfarm, built within the Digitex platform. We’re kicking off the program with just one cryptocurrencyETHbut we’ll be adding more as they get listed on our spot markets.

Through Blockfarm, it’s easy to earn a passive income on your stash rather than letting your tokens sit in a hardware wallet. And, since the majority of our users prefer spot trading and earning rewards on their crypto to trading futures, Blockfarm provides the perfect way for them to take advantage of accumulating rewards and making their money work for them. 

If you want to get ahead now, you can prestake by completing the simple KYC check on the Blockfarm platform and securing your place in the queue.

Stake DGTX and Earn Attractive ETH Rewards 

With ETH on such a tear right now, many of you are making a lot of gains. But if you want to stake your ETH to earn ETH rewards on other platforms, you’ll have to lock it up for a long period of time while we wait for the eventual arrival of ETH 2.0. 

By using Blockfarm, users can stake and unstake their DGTX at any time and earn ETH rewards with competitive APYs. That creates a double win for our users as they earn on ETH’s rapidly climbing price–and accumulate rewards as well.

Another really great feature of Blockfarm is its simplicity. Unlike many DeFi protocols that are cumbersome, complex, and difficult to interact with, it couldn’t be easier to stake your DGTX to earn rewards. Simply create an account on Digitex, purchase DGTX commission-fee on our spot markets and deposit it into your main account, complete a quick KYC check on the Blockfarm platform, and then transfer your DGTX to it. 

Keep in mind that the APY will vary depending on how many users take part. But, for some reference, we have been running a successful yield farming program via Uniswap for around six months, and the APY there ranges between 35% and 150%.

The First of Many Cryptos to Come

“The ETH staking program will be the first of many to follow as more cryptocurrencies are added to the exchange,” Adam explains. “Blockfarm is designed to build value for Digitex users… therefore, as new cryptocurrencies begin to list on our zero-fee exchange, users will also be able to earn rewards in those currencies through our Blockfarm platform.”

To celebrate the launch of Blockfarm, participants can collectively earn a massive $50,000 worth of ETH in the first 30 days. So there really couldn’t be a better way to put your DGTX to use and earn rewards back in the hottest altcoin out there right now.

We’re thrilled to provide more utility for the DGTX token and drive demand for our long-term holders. As more yield farming programs get added to Blockfarm, the more demand will be driven to DGTX.

We hope that you will take advantage of this awesome new initiative and let us know your feedback as we’d love to hear what you think. As ever, simply hit us up on our socials or contact our customer support. Happy staking!

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What Is Yield Farming and Why You Should Farm DGTX on Uniswap? 11

What Is Yield Farming and Why You Should Farm DGTX on Uniswap?

Digitex
• Digitex
May 11, 2021

Besides day trading, there are numerous other ways to earn crypto.

One of them is yield farming, which is a popular activity in the fast-growing decentralized finance (DeFi) industry.

It usually involves more risks than usual, yet yield farming allows DeFi users to maximize their gains while earning interest on their crypto holdings.

In this article, we will introduce you to yield farming as well as show how you can use this strategy to earn DGTX rewards on Uniswap.

Let’s dive in!

What Is Yield Farming?

Yield farming is a popular strategy in the DeFi space to earn some crypto on your digital asset holdings.

However, unlike lending stablecoins to others on a centralized platform, yield farming is considered a high-risk activity, as users often utilize multiple cryptocurrencies as well as complex processes and mechanisms throughout various platforms and protocols to maximize their earnings.

An example strategy includes depositing ETH via MakerDAO (Oasis) to open a vault and receive the stablecoin DAI.

After that, you utilize the lending protocol Compound Finance to lend the DAI to others. In exchange for providing liquidity, you receive cDAI tokens from Compound, representing the number of coins you have contributed to the pool.

As the next step, you move your cDAI to another platform to either stake your coins or lend them through other protocols. Alternatively, you could use your cDAI tokens to borrow funds against your digital assets to (re)invest those via other solutions.

As you can see in the example above, the average yield farming strategy is rather complex and involves higher risks than simply lending or staking coins on a single DeFi protocol. However, at the same time, yield farming often generates more potential rewards for users.

How to Earn DGTX Rewards With Yield Farming on Uniswap?

If you are looking to generate a passive income on your crypto, you can yield farm DGTX, the next-generation digital asset exchange Digitex’s native token, on the Uniswap DEX. Each month, five million DGTX is added into the pool rewards program. 

At the time of writing this article, that’s valued at $65,000 in rewards each month, which is nearly 86.45% annual percentage yield (APY) by supplying liquidity for the DGTX/ETH trading pair on Uniswap.

On top of that, if you contribute your tokens for at least 30 days to Uniswap’s DGTX pool, your rewards are multiplied by three times to maximize your gains.

Sounds great, huh?

You can get started easily with yield farming DGTX in three simple steps:

  1. Deposit an equal amount of ETH and DGTX to Uniswap V2 to provide liquidity for the trading pair on the platform.
  2. In exchange for supplying liquidity, you will receive UNI-V2 tokens, which represent the tokens you have contributed to the pool.
  3. As the last step, deposit your UNI-V2 pool tokens to the Digitex Rewards platform to stake them and earn a passive income.

For more information about yield farming DGTX on Uniswap, we recommend checking out the following article on the Digitex blog.

Farm DGTX to Earn Rewards on Your Crypto

Once you get to grips with utilizing complex strategies and accept taking higher risks, yield farming is an excellent way to maximize your earnings and generate a passive income on your cryptocurrency holdings throughout multiple DeFi protocols.

For that reason, yield farming DGTX allows Digitex users to make some extra money on their coins while day trading crypto.

Are you ready to maximize your gains by farming DGTX on Uniswap?

Head to the Digitex Rewards platform to get started!

In the meantime, if you haven’t already, we highly recommend creating an account at Digitex to enjoy a zero-fee cryptocurrency trading experience on both the spot and futures trading markets.

May 11, 2021
Digitex

What Is Yield Farming and Why You Should Farm DGTX on Uniswap?

Digitex
What Is Yield Farming and Why You Should Farm DGTX on Uniswap? 12

Besides day trading, there are numerous other ways to earn crypto.

One of them is yield farming, which is a popular activity in the fast-growing decentralized finance (DeFi) industry.

It usually involves more risks than usual, yet yield farming allows DeFi users to maximize their gains while earning interest on their crypto holdings.

In this article, we will introduce you to yield farming as well as show how you can use this strategy to earn DGTX rewards on Uniswap.

Let’s dive in!

What Is Yield Farming?

Yield farming is a popular strategy in the DeFi space to earn some crypto on your digital asset holdings.

However, unlike lending stablecoins to others on a centralized platform, yield farming is considered a high-risk activity, as users often utilize multiple cryptocurrencies as well as complex processes and mechanisms throughout various platforms and protocols to maximize their earnings.

An example strategy includes depositing ETH via MakerDAO (Oasis) to open a vault and receive the stablecoin DAI.

After that, you utilize the lending protocol Compound Finance to lend the DAI to others. In exchange for providing liquidity, you receive cDAI tokens from Compound, representing the number of coins you have contributed to the pool.

As the next step, you move your cDAI to another platform to either stake your coins or lend them through other protocols. Alternatively, you could use your cDAI tokens to borrow funds against your digital assets to (re)invest those via other solutions.

As you can see in the example above, the average yield farming strategy is rather complex and involves higher risks than simply lending or staking coins on a single DeFi protocol. However, at the same time, yield farming often generates more potential rewards for users.

How to Earn DGTX Rewards With Yield Farming on Uniswap?

If you are looking to generate a passive income on your crypto, you can yield farm DGTX, the next-generation digital asset exchange Digitex’s native token, on the Uniswap DEX. Each month, five million DGTX is added into the pool rewards program. 

At the time of writing this article, that’s valued at $65,000 in rewards each month, which is nearly 86.45% annual percentage yield (APY) by supplying liquidity for the DGTX/ETH trading pair on Uniswap.

On top of that, if you contribute your tokens for at least 30 days to Uniswap’s DGTX pool, your rewards are multiplied by three times to maximize your gains.

Sounds great, huh?

You can get started easily with yield farming DGTX in three simple steps:

  1. Deposit an equal amount of ETH and DGTX to Uniswap V2 to provide liquidity for the trading pair on the platform.
  2. In exchange for supplying liquidity, you will receive UNI-V2 tokens, which represent the tokens you have contributed to the pool.
  3. As the last step, deposit your UNI-V2 pool tokens to the Digitex Rewards platform to stake them and earn a passive income.

For more information about yield farming DGTX on Uniswap, we recommend checking out the following article on the Digitex blog.

Farm DGTX to Earn Rewards on Your Crypto

Once you get to grips with utilizing complex strategies and accept taking higher risks, yield farming is an excellent way to maximize your earnings and generate a passive income on your cryptocurrency holdings throughout multiple DeFi protocols.

For that reason, yield farming DGTX allows Digitex users to make some extra money on their coins while day trading crypto.

Are you ready to maximize your gains by farming DGTX on Uniswap?

Head to the Digitex Rewards platform to get started!

In the meantime, if you haven’t already, we highly recommend creating an account at Digitex to enjoy a zero-fee cryptocurrency trading experience on both the spot and futures trading markets.

Latest News

Customer Success Story: Quitting the 9-to-5 Lifestyle Thanks to Digitex 13

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 14

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. 

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