adam todd

A Video Update from Adam

Digitex
Crypto Industry
• Digitex
June 11, 2021

Adam Todd, the founder and CEO of Digitex, and more recently, of Blockster, posted a video detailing how the social platform not only solves an industry problem but opens room for an entirely new ecosystem.

Adam starts by explaining how Blockster is a social platform focused on cryptocurrency, dedicated to just that. 

According to our founder, Blockster is where legitimate projects can come to build a following, share updates, and users can discuss upcoming tokens, ICOs. 

That’s not all, as Blockster has a big education area, Blockademy, besides a coin ranking, similar to CoinMarketCap. Lastly, Blockdesk, a curated and user-generated blog, focused on high-quality content.

What makes Blockster unique, according to Adam Todd?

“We allow cryptocurrency, legitimate projects, to advertise,” Adam mentions the digital asset blanket-ban by traditional social media companies. He explains how it is impossible to buy quality traffic to reach a quality audience, even for Digitex exchange.

Therefore, crypto companies are desperate for advertising to their target audience, and Blockster will change that.

Why is the BXR token special?

Blockster’s CEO shows how the token is the gateway for these companies to reach this high-quality audience, as they got to buy BXR tokens to advertise on the platform. Those cash-rich companies want to spend this money, and they need to spend and are going in.

Lastly, Adam explains how the BXR supply is constantly decreasing as 5% of this ad revenue is burnt. Furthermore, the users that stake BXR tokens on Blockfarm share 20% of the advertising revenue.

The result is constant competition from the advertisers who need BXR, besides users who want to buy them to share that revenue.

Adam explains that Digitex has been around for three and a half years, and Blockster is part of a bigger plan to build something really great, including a token launch platform, Blockfunder

We strongly recommend you hear it directly from the mastermind of this revolutionary ecosystem.

What is Adam’s role in Blockster?

Make sure that Digitex token launch platform, Blockfunder, is a success, and Blockster is a part of Digitex as a large source of traffic.

When will the Blockster platform be released?

End of June, but that’s when the BXR token offer price goes for the highest price, so for those that recognize the virality that the project has, getting early means a huge discount.

June 11, 2021
Digitex
Crypto Industry

A Video Update from Adam

Digitex
adam todd

Adam Todd, the founder and CEO of Digitex, and more recently, of Blockster, posted a video detailing how the social platform not only solves an industry problem but opens room for an entirely new ecosystem.

Adam starts by explaining how Blockster is a social platform focused on cryptocurrency, dedicated to just that. 

According to our founder, Blockster is where legitimate projects can come to build a following, share updates, and users can discuss upcoming tokens, ICOs. 

That’s not all, as Blockster has a big education area, Blockademy, besides a coin ranking, similar to CoinMarketCap. Lastly, Blockdesk, a curated and user-generated blog, focused on high-quality content.

What makes Blockster unique, according to Adam Todd?

“We allow cryptocurrency, legitimate projects, to advertise,” Adam mentions the digital asset blanket-ban by traditional social media companies. He explains how it is impossible to buy quality traffic to reach a quality audience, even for Digitex exchange.

Therefore, crypto companies are desperate for advertising to their target audience, and Blockster will change that.

Why is the BXR token special?

Blockster’s CEO shows how the token is the gateway for these companies to reach this high-quality audience, as they got to buy BXR tokens to advertise on the platform. Those cash-rich companies want to spend this money, and they need to spend and are going in.

Lastly, Adam explains how the BXR supply is constantly decreasing as 5% of this ad revenue is burnt. Furthermore, the users that stake BXR tokens on Blockfarm share 20% of the advertising revenue.

The result is constant competition from the advertisers who need BXR, besides users who want to buy them to share that revenue.

Adam explains that Digitex has been around for three and a half years, and Blockster is part of a bigger plan to build something really great, including a token launch platform, Blockfunder

We strongly recommend you hear it directly from the mastermind of this revolutionary ecosystem.

What is Adam’s role in Blockster?

Make sure that Digitex token launch platform, Blockfunder, is a success, and Blockster is a part of Digitex as a large source of traffic.

When will the Blockster platform be released?

End of June, but that’s when the BXR token offer price goes for the highest price, so for those that recognize the virality that the project has, getting early means a huge discount.

Latest News

scalping profit

How to Profit from Scalping: A Winning Futures Trading Strategy

Digitex Futures
Trading
• Adam Todd
April 2, 2021

Digitex CEO Adam Todd has made his career on the back of a trading technique called scalping. It’s a highly successful futures trading strategy for short-term traders – under the right conditions. However, when the conditions are right, you can learn to win at scalping in any market. Here, Adam shares his tips and insights for how to implement your own winning scalping trading strategy. 

As a successful futures and sports betting trader, my trading style was always focused more on avoiding losing trades than on riding the winners. And the way I did that was to make my trades as short-term as possible. I discovered that the longer I held a position, the bigger the risk that my position would turn into a loser. 

There seemed to be a direct link between my success, and how little time I held a position before going flat again. The shorter the amount of time in a position, the better chance I had of that trade not being a loser. This was most likely due to the nature of my trade selection process which was to be flat for most of the time, occasionally darting in and out of the market stealing single tick profits from larger moves when momentum picked up.

My scalping strategy basically involved judging when the momentum is high enough to keep the move going for another 30 seconds. If I didn’t get at least a single tick profit within that timeframe there was no reason to stay in that trade.

Successful Scalpers Don’t Get Tied Up in Learning About the Asset

As a young pit trader, I had no idea what a Bund futures contract actually was or why it moved around so much. Later, as a sports betting trader, I wouldn’t even know the name of the horse on which I was placing and laying hundreds of bets. Yet, I would go weeks and sometimes months of full-time trading as a scalper without having a single losing day. 

Short-term scalping requires no fundamental knowledge of the underlying instrument on which you’re trading. As soon as you have entered a position you’re looking to exit it, hopefully with a one or two tick profit but willing to scratch it or lose a tick without any emotional attachment to the trade. 

This style of ultra short term, manual trading is labor-intensive and requires the full concentration and attention of the trader. You can’t be checking emails and looking on Facebook and reading random crypto trading articles while you’re scalping to win. 

Besides, you don’t need to know what’s going on out there. It doesn’t matter why a price is moving when you’re a scalp trader because whichever way it goes you’re going to be following it. 

Scalping shouldn’t be a contrary style of trading because the active approach means you can get yourself in a huge mess very quickly. The safest style of scalping is simply following the price, jumping in when momentum is at its highest and then getting out quickly. 

It’s actually better to have no opinion or knowledge of the long term price direction of the underlying instrument so that it doesn’t affect your ability to go against that opinion in these short term scalp trades.

How Fees Ravage Profits

The scalping style of trading described here is the easiest to learn, requires no specialized knowledge about the underlying instrument and will give you steadier, less volatile results. But the big problem is that this style of trading is particularly susceptible to the ravages of the maker and taker fee model of crypto futures exchanges. 

It was possible for me to successfully scalp trade traditional futures markets in this manner because the futures tick value of one tick on the Bund was 25 Deutsch Marks and the commission to buy and sell one futures contract was less than 3 Deutsch Marks and I got a scratch trade rebate every time I bought and sold at the same price. 

All I had to do was make one tick for every 10 round turns to break even, and anything I made over that was profit. It was a lot harder than it sounds. But it was possible because the commission fee to buy and sell one futures contract was one-tenth of the value of one tick. 

However, the taker fee model used on every other crypto futures exchange has established commissions that are astronomically high. Currently, my style of short term scalping to win is literally impossible. The commission cost of buying and selling one futures contract with a taker order is more like ten times the value of one tick. 

That’s absolutely crazy. It’s literally impossible to beat odds like that running against you. At the exact moment you enter a trade, you’re ten ticks offside already. There’s a built-in mechanical edge that you cannot beat, and which guarantees you will lose over the long run. 

On Bitmex, the taker fee is 0.075% of the notional value of the underlying instrument. That may look small, but if you’re trading with 100x leverage that’s actually 7.5% of the margin you put down to enter the trade. If you exit the trade with a Taker order then your trading fees are 15% of the order value! 

For example, total fees on a $1,000 trade with 100x leverage are $150 [100 x $1,000 x 0.00075 x 2]. How can you ever expect to beat a 15% edge working against you?

A typical trade for a short term scalper might go like this: the price starts moving fast so I enter a trade quickly with a taker order that either smash the bid or lifts the offer. Then I immediately place a maker order to join the bid or offer to get out. If it’s not filled within seconds then I’ll cancel that and lift the offer or hit the bid with another taker order to exit the trade. 

I entered the trade with a taker order so now I need to make ten ticks just to break even. And if I exit the trade with a taker order I’ve got to make 20 ticks profit just to break even. That’s just impossible for a short-term scalp trade. 

I can still place trades as maker orders only but it’s impossible to trade profitably when you’re limited to only maker orders. This is especially true in very volatile markets – like crypto – and you will constantly not be getting filled on the good moves. 

Simply put, the maker fee and taker fee model generate large commissions for the exchange and makes it impossible for profitable short-term scalping. A huge number of traders are unable to participate and the massive liquidity they would provide is suffocated by the exchange’s need to charge high fees on turnover. 

As a scalper, I shouldn’t be paying a percentage of the notional value of the underlying instrument. I’m providing liquidity and should be encouraged, not squeezed out of the market entirely.

How Digitex Enables Profitable Scalp Trading

The Digitex Futures exchange is a short-term trader’s paradise. With absolutely no trading fees of any kind on taker orders, traders are free to pursue day trading futures strategies like scalping that are not viable anywhere else, creating massive liquidity in the process. 

That liquidity isn’t constantly drained by the exchange in the form of commissions. Instead, it continues to churn around in the trading ecosystem until it is won by the better traders. As a result, the chances of becoming a winning scalp trader on Digitex are far higher because we’re not siphoning off commission fees as percentages of the notional value of traded contracts. 

The viral marketing potential of a futures exchange that doesn’t have any built-in mechanical edge working against its traders is massive. The effective deployment of user-generated content combined with viral marketing techniques is starting to create a very large and active userbase, further increasing liquidity. 

Living a Traders Dream

Successful trading is a dream of many millions of people and Digitex wants to help make many of those dreams come true. We hope that many thousands of people will experience the unbridled freedom and excitement of becoming a profitable short-term trader who gets to live a lifestyle that most people will only dream of. 

Imagine if you can consistently make $50 a day or $200 a day or $500 a day from trading? How much would that change your life and the lives of everyone around you for the better? 

If you want to start implementing your own successful scalp trading strategy with zero fees, sign up for an account now and start living the trader’s dream.

April 2, 2021
Digitex Futures
Trading

How to Profit from Scalping: A Winning Futures Trading Strategy

Adam Todd
scalping profit

Digitex CEO Adam Todd has made his career on the back of a trading technique called scalping. It’s a highly successful futures trading strategy for short-term traders – under the right conditions. However, when the conditions are right, you can learn to win at scalping in any market. Here, Adam shares his tips and insights for how to implement your own winning scalping trading strategy. 

As a successful futures and sports betting trader, my trading style was always focused more on avoiding losing trades than on riding the winners. And the way I did that was to make my trades as short-term as possible. I discovered that the longer I held a position, the bigger the risk that my position would turn into a loser. 

There seemed to be a direct link between my success, and how little time I held a position before going flat again. The shorter the amount of time in a position, the better chance I had of that trade not being a loser. This was most likely due to the nature of my trade selection process which was to be flat for most of the time, occasionally darting in and out of the market stealing single tick profits from larger moves when momentum picked up.

My scalping strategy basically involved judging when the momentum is high enough to keep the move going for another 30 seconds. If I didn’t get at least a single tick profit within that timeframe there was no reason to stay in that trade.

Successful Scalpers Don’t Get Tied Up in Learning About the Asset

As a young pit trader, I had no idea what a Bund futures contract actually was or why it moved around so much. Later, as a sports betting trader, I wouldn’t even know the name of the horse on which I was placing and laying hundreds of bets. Yet, I would go weeks and sometimes months of full-time trading as a scalper without having a single losing day. 

Short-term scalping requires no fundamental knowledge of the underlying instrument on which you’re trading. As soon as you have entered a position you’re looking to exit it, hopefully with a one or two tick profit but willing to scratch it or lose a tick without any emotional attachment to the trade. 

This style of ultra short term, manual trading is labor-intensive and requires the full concentration and attention of the trader. You can’t be checking emails and looking on Facebook and reading random crypto trading articles while you’re scalping to win. 

Besides, you don’t need to know what’s going on out there. It doesn’t matter why a price is moving when you’re a scalp trader because whichever way it goes you’re going to be following it. 

Scalping shouldn’t be a contrary style of trading because the active approach means you can get yourself in a huge mess very quickly. The safest style of scalping is simply following the price, jumping in when momentum is at its highest and then getting out quickly. 

It’s actually better to have no opinion or knowledge of the long term price direction of the underlying instrument so that it doesn’t affect your ability to go against that opinion in these short term scalp trades.

How Fees Ravage Profits

The scalping style of trading described here is the easiest to learn, requires no specialized knowledge about the underlying instrument and will give you steadier, less volatile results. But the big problem is that this style of trading is particularly susceptible to the ravages of the maker and taker fee model of crypto futures exchanges. 

It was possible for me to successfully scalp trade traditional futures markets in this manner because the futures tick value of one tick on the Bund was 25 Deutsch Marks and the commission to buy and sell one futures contract was less than 3 Deutsch Marks and I got a scratch trade rebate every time I bought and sold at the same price. 

All I had to do was make one tick for every 10 round turns to break even, and anything I made over that was profit. It was a lot harder than it sounds. But it was possible because the commission fee to buy and sell one futures contract was one-tenth of the value of one tick. 

However, the taker fee model used on every other crypto futures exchange has established commissions that are astronomically high. Currently, my style of short term scalping to win is literally impossible. The commission cost of buying and selling one futures contract with a taker order is more like ten times the value of one tick. 

That’s absolutely crazy. It’s literally impossible to beat odds like that running against you. At the exact moment you enter a trade, you’re ten ticks offside already. There’s a built-in mechanical edge that you cannot beat, and which guarantees you will lose over the long run. 

On Bitmex, the taker fee is 0.075% of the notional value of the underlying instrument. That may look small, but if you’re trading with 100x leverage that’s actually 7.5% of the margin you put down to enter the trade. If you exit the trade with a Taker order then your trading fees are 15% of the order value! 

For example, total fees on a $1,000 trade with 100x leverage are $150 [100 x $1,000 x 0.00075 x 2]. How can you ever expect to beat a 15% edge working against you?

A typical trade for a short term scalper might go like this: the price starts moving fast so I enter a trade quickly with a taker order that either smash the bid or lifts the offer. Then I immediately place a maker order to join the bid or offer to get out. If it’s not filled within seconds then I’ll cancel that and lift the offer or hit the bid with another taker order to exit the trade. 

I entered the trade with a taker order so now I need to make ten ticks just to break even. And if I exit the trade with a taker order I’ve got to make 20 ticks profit just to break even. That’s just impossible for a short-term scalp trade. 

I can still place trades as maker orders only but it’s impossible to trade profitably when you’re limited to only maker orders. This is especially true in very volatile markets – like crypto – and you will constantly not be getting filled on the good moves. 

Simply put, the maker fee and taker fee model generate large commissions for the exchange and makes it impossible for profitable short-term scalping. A huge number of traders are unable to participate and the massive liquidity they would provide is suffocated by the exchange’s need to charge high fees on turnover. 

As a scalper, I shouldn’t be paying a percentage of the notional value of the underlying instrument. I’m providing liquidity and should be encouraged, not squeezed out of the market entirely.

How Digitex Enables Profitable Scalp Trading

The Digitex Futures exchange is a short-term trader’s paradise. With absolutely no trading fees of any kind on taker orders, traders are free to pursue day trading futures strategies like scalping that are not viable anywhere else, creating massive liquidity in the process. 

That liquidity isn’t constantly drained by the exchange in the form of commissions. Instead, it continues to churn around in the trading ecosystem until it is won by the better traders. As a result, the chances of becoming a winning scalp trader on Digitex are far higher because we’re not siphoning off commission fees as percentages of the notional value of traded contracts. 

The viral marketing potential of a futures exchange that doesn’t have any built-in mechanical edge working against its traders is massive. The effective deployment of user-generated content combined with viral marketing techniques is starting to create a very large and active userbase, further increasing liquidity. 

Living a Traders Dream

Successful trading is a dream of many millions of people and Digitex wants to help make many of those dreams come true. We hope that many thousands of people will experience the unbridled freedom and excitement of becoming a profitable short-term trader who gets to live a lifestyle that most people will only dream of. 

Imagine if you can consistently make $50 a day or $200 a day or $500 a day from trading? How much would that change your life and the lives of everyone around you for the better? 

If you want to start implementing your own successful scalp trading strategy with zero fees, sign up for an account now and start living the trader’s dream.

Latest News

trading

Watch Adam Trading on the DFE Mainnet!

Digitex Futures
• Digitex
May 22, 2020

 The last few weeks have flown by in such a whirlwind that we suddenly realized this week – nobody has yet even seen Adam fulfilling his vision of zero-fee crypto futures trading! So our final post of this week is a video from the man himself. Plus, news on our next mainnet group… Enjoy!

Adam opens the video by saying how happy he is with the mainnet performance – aside from a few minor bugs, we’ve had a very smooth start. 

He also expresses his gratitude to the mainnet trading group for their enthusiasm and participation, and confirms we’re bringing on board another 100 traders this week! At the time of publication, we can confirm that the 100 in question are already on board and trading away. If you’re one of our newcomers and wondering how all this works, then you should definitely watch this video! For everyone else, we’ll be providing an update from the latest group after the weekend. 

Adam is also impressed at the level of liquidity our traders and market makers are managing to achieve – imagine how it will be when we have thousands of traders on the ladder! 

He does a few trades, demonstrating how easy it is to literally play around on the ladder without the fear of losing out to trading fees. He quickly scalps out 160 DGTX and demonstrates how easy it is to get filled even with the liquidity of just 120 traders on the mainnet. 

Remember – not all of them are necessarily online at all times, so we really are expecting to have one of the most liquid exchanges out there! 

With an exchange like the DFE, traders have ultimate flexibility over their work/life balance. Adam used to trade on a betting exchange for a living, working out of internet cafes around the world. With a platform like the DFE, anyone can replicate that lifestyle, scalping out profits to buy the freedom they want. 

Adam finishes his trading activities 360 DGTX up in just a few minutes on the ladder. Not bad! 

News from DFE Development

Now to some updates from the DFE. Adam tells us how the API is currently a big focus for development activity. Also, we have four separate audits happening for the exchange itself, which (along with the home working) is part of the reason we’ve been slower to onboard that we perhaps would have liked. The audits are helping us locate minor fixes that need to happen to fine-tune the exchange to its best performance. We’ll be publishing the results of the audit as soon as we can. 

He then elaborates on the progress being made by the new team in Kyiv, including our CTO and Director of Exchange Operations on the leadership team. We’re making headway on new features, including ETH deposits and stop-loss. The fact that development is now coming along under the supervision of Alex and Yuliya is a testament to how well things are going with the new team in place. 

Adam teases an announcement coming up on Monday that will help us with our spot price calculations – watch this space for news! 

We have a few more small developments in the pipelines, such as being able to drag an unmatched order to a new price. These are minor changes, but they’re all designed to make the scalping process as clean and slick as possible. 

Similarly, users will soon be able to set hotkeys for defined quantities, meaning they can place orders with fewer mouse clicks. All these developments may seem small, but they add up to a stellar user experience on an addictive UI. 

Overall, the current version of the mainnet is very much the first version, although Adam is quick to praise SmartDec for the delivery of an outstanding trading platform. Everything we’re doing now is aiming to create the best possible iteration that the DFE can possibly become. 

There’s plenty more to come from Digitex, but in the meantime, thanks for sticking with us and making this journey to mainnet worthwhile! 

May 22, 2020
Digitex Futures

Watch Adam Trading on the DFE Mainnet!

Digitex
trading

 The last few weeks have flown by in such a whirlwind that we suddenly realized this week – nobody has yet even seen Adam fulfilling his vision of zero-fee crypto futures trading! So our final post of this week is a video from the man himself. Plus, news on our next mainnet group… Enjoy!

Adam opens the video by saying how happy he is with the mainnet performance – aside from a few minor bugs, we’ve had a very smooth start. 

He also expresses his gratitude to the mainnet trading group for their enthusiasm and participation, and confirms we’re bringing on board another 100 traders this week! At the time of publication, we can confirm that the 100 in question are already on board and trading away. If you’re one of our newcomers and wondering how all this works, then you should definitely watch this video! For everyone else, we’ll be providing an update from the latest group after the weekend. 

Adam is also impressed at the level of liquidity our traders and market makers are managing to achieve – imagine how it will be when we have thousands of traders on the ladder! 

He does a few trades, demonstrating how easy it is to literally play around on the ladder without the fear of losing out to trading fees. He quickly scalps out 160 DGTX and demonstrates how easy it is to get filled even with the liquidity of just 120 traders on the mainnet. 

Remember – not all of them are necessarily online at all times, so we really are expecting to have one of the most liquid exchanges out there! 

With an exchange like the DFE, traders have ultimate flexibility over their work/life balance. Adam used to trade on a betting exchange for a living, working out of internet cafes around the world. With a platform like the DFE, anyone can replicate that lifestyle, scalping out profits to buy the freedom they want. 

Adam finishes his trading activities 360 DGTX up in just a few minutes on the ladder. Not bad! 

News from DFE Development

Now to some updates from the DFE. Adam tells us how the API is currently a big focus for development activity. Also, we have four separate audits happening for the exchange itself, which (along with the home working) is part of the reason we’ve been slower to onboard that we perhaps would have liked. The audits are helping us locate minor fixes that need to happen to fine-tune the exchange to its best performance. We’ll be publishing the results of the audit as soon as we can. 

He then elaborates on the progress being made by the new team in Kyiv, including our CTO and Director of Exchange Operations on the leadership team. We’re making headway on new features, including ETH deposits and stop-loss. The fact that development is now coming along under the supervision of Alex and Yuliya is a testament to how well things are going with the new team in place. 

Adam teases an announcement coming up on Monday that will help us with our spot price calculations – watch this space for news! 

We have a few more small developments in the pipelines, such as being able to drag an unmatched order to a new price. These are minor changes, but they’re all designed to make the scalping process as clean and slick as possible. 

Similarly, users will soon be able to set hotkeys for defined quantities, meaning they can place orders with fewer mouse clicks. All these developments may seem small, but they add up to a stellar user experience on an addictive UI. 

Overall, the current version of the mainnet is very much the first version, although Adam is quick to praise SmartDec for the delivery of an outstanding trading platform. Everything we’re doing now is aiming to create the best possible iteration that the DFE can possibly become. 

There’s plenty more to come from Digitex, but in the meantime, thanks for sticking with us and making this journey to mainnet worthwhile! 

Latest News

traders

The Digitex Mission: To Create More Winning Traders

Digitex Futures
Trading
• Adam Todd
April 8, 2020

Everybody likes to win. Winning makes you feel good. When you feel good you think positively about yourself and your environment and it has a domino effect on other aspects of your life. As a short term scalper on the futures markets and on Betfair’s horse racing markets, I would have winning streaks that lasted weeks and sometimes months without having a losing day. 

The positive psychological and physiological effects of constantly winning cannot be overemphasized. Apart from enjoying good health and feeling genuinely happy most of the time, a positive mental attitude attracts good things into your life in a way that can’t be fully explained logically. Feeling and acting like a winner will change your life and will positively affect everyone around you. 

This is why it’s so personally satisfying for me to be developing a trading platform whose primary mission is to create more winning traders, with no interest in making money from charging commissions on trades. I’ve been lucky enough to experience having a winning mentality for years and the thought of bringing that to millions of people is tremendously exciting. 

But how can the Digitex Futures exchange survive with such a cum-by-yar, happy-clappy philosophy of wanting to make its traders happy? Shouldn’t a futures exchange be run by a bunch of bean-counting suits that want to squeeze every ounce of value out of every last trader for the benefit of the exchange’s stakeholders?

Well, if an exchange needs to make money from charging commissions on trades then yes it probably should be run by bean-counting suits. But Digitex is different. Digitex makes its money by increasing the value of its native currency, the DGTX token. 

Do you want to try your hand at commission-free bitcoin futures trading? Sign up for an account on the beta right now. With the mainnet coming up in April, you can practice your trading skills, get a feel for our one-click trading ladder and start preparing to win

SIGN UP
Winning Traders Are the Best Form of Marketing

Creating winning, winning traders is absolutely the best way to run our business, because winning traders are the very best form of marketing for the Digitex Futures exchange, and that will directly translate to increased demand for DGTX tokens. 

The average winning trader probably has 50 or more people in their life, both family and friends, who are aware of their trading success and will try to emulate it. Winning traders will create very strong viral marketing loops because a winning trader encapsulates everything that most people dream of. 

The winning trader enjoys financial success coupled with complete freedom. He or she works for nobody, operating outside the boundaries of normal society, with no clients, producing no products and without providing any service to anyone.

They can work whatever hours they want to, from wherever they want in the world. A winning trader is like a predator with the ability to live off its wits in a world where the vast majority of people are struggling to survive.

I think that a futures exchange whose mission is to create as many winning traders as possible has the potential to be absolutely massive. 

Because winning traders will be happy. They will feel good. Their lives and the lives of their families will improve. There will be a large number of people who have a genuinely strong affection for the Digitex Futures exchange and its native currency, the DGTX token. 

How Will Digitex Create More Winning Traders?

By eliminating transaction fees on trades, the exchange won’t constantly be siphoning off liquidity from the pool of money that is deposited into the exchange by its traders. That money is allowed to churn around the markets, constantly being won and lost amongst traders without the insidious leakage that occurs on every other exchange in the form of commissions. Eventually, that money will be won by the better traders, not taken by the exchange. 

Also, system gains that are made from the exchange’s liquidation engine are not kept forever by the exchange in an ever-growing insurance fund. Instead, system gains are redistributed to traders through market maker bots that are programmed to lose. This means traders must compete amongst themselves for these losses, further increasing liquidity and demand for DGTX tokens, but as a collective group, those traders will be rewarded with however much the market maker bots lose.

Not only has Digitex removed the mechanical edge of commissions that exists on every other exchange, but through loss-making market makers, there is actually going to be a mechanical edge working in the disciplined traders’ favor. Both of these advantages will be more efficiently capitalized on by short term, active traders whose trading strategies will create highly liquid futures markets.

Of course, this doesn’t mean that everyone on the Digitex Futures exchange will make money. Trading is still a zero-sum game, but there will be a much higher percentage of winning traders than exists on other fee-charging exchanges who don’t redistribute system gains through market maker losses. I would guess that probably 20% of traders on the Digitex Futures exchange will be profitable and they will take their profits from the other 80% of traders. 

If we have a million traders on our exchange, that means there could be over 200,000 people around the world who can positively change their lives with financial freedom and a winning mentality that positively affects everyone around them. There are millions of people in this world for whom making just $50 a day from their computer is a life-changing amount of money.

And I’m so excited and grateful to have the chance to create a product that can potentially affect the lives of so many people in such a profound and meaningful way. Thank you all for your continual support! Cheers!

You don’t need real DGTX tokens for trading on the testnet, but if you want to stock up on DGTX at a knock-down price right now amid market conditions, there’s never been a better time. Hop on over to the Treasury now and enjoy a seamless, frictionless transaction with zero fees and zero KYC.

BUY DGTX
April 8, 2020
Digitex Futures
Trading

The Digitex Mission: To Create More Winning Traders

Adam Todd
traders

Everybody likes to win. Winning makes you feel good. When you feel good you think positively about yourself and your environment and it has a domino effect on other aspects of your life. As a short term scalper on the futures markets and on Betfair’s horse racing markets, I would have winning streaks that lasted weeks and sometimes months without having a losing day. 

The positive psychological and physiological effects of constantly winning cannot be overemphasized. Apart from enjoying good health and feeling genuinely happy most of the time, a positive mental attitude attracts good things into your life in a way that can’t be fully explained logically. Feeling and acting like a winner will change your life and will positively affect everyone around you. 

This is why it’s so personally satisfying for me to be developing a trading platform whose primary mission is to create more winning traders, with no interest in making money from charging commissions on trades. I’ve been lucky enough to experience having a winning mentality for years and the thought of bringing that to millions of people is tremendously exciting. 

But how can the Digitex Futures exchange survive with such a cum-by-yar, happy-clappy philosophy of wanting to make its traders happy? Shouldn’t a futures exchange be run by a bunch of bean-counting suits that want to squeeze every ounce of value out of every last trader for the benefit of the exchange’s stakeholders?

Well, if an exchange needs to make money from charging commissions on trades then yes it probably should be run by bean-counting suits. But Digitex is different. Digitex makes its money by increasing the value of its native currency, the DGTX token. 

Do you want to try your hand at commission-free bitcoin futures trading? Sign up for an account on the beta right now. With the mainnet coming up in April, you can practice your trading skills, get a feel for our one-click trading ladder and start preparing to win

SIGN UP
Winning Traders Are the Best Form of Marketing

Creating winning, winning traders is absolutely the best way to run our business, because winning traders are the very best form of marketing for the Digitex Futures exchange, and that will directly translate to increased demand for DGTX tokens. 

The average winning trader probably has 50 or more people in their life, both family and friends, who are aware of their trading success and will try to emulate it. Winning traders will create very strong viral marketing loops because a winning trader encapsulates everything that most people dream of. 

The winning trader enjoys financial success coupled with complete freedom. He or she works for nobody, operating outside the boundaries of normal society, with no clients, producing no products and without providing any service to anyone.

They can work whatever hours they want to, from wherever they want in the world. A winning trader is like a predator with the ability to live off its wits in a world where the vast majority of people are struggling to survive.

I think that a futures exchange whose mission is to create as many winning traders as possible has the potential to be absolutely massive. 

Because winning traders will be happy. They will feel good. Their lives and the lives of their families will improve. There will be a large number of people who have a genuinely strong affection for the Digitex Futures exchange and its native currency, the DGTX token. 

How Will Digitex Create More Winning Traders?

By eliminating transaction fees on trades, the exchange won’t constantly be siphoning off liquidity from the pool of money that is deposited into the exchange by its traders. That money is allowed to churn around the markets, constantly being won and lost amongst traders without the insidious leakage that occurs on every other exchange in the form of commissions. Eventually, that money will be won by the better traders, not taken by the exchange. 

Also, system gains that are made from the exchange’s liquidation engine are not kept forever by the exchange in an ever-growing insurance fund. Instead, system gains are redistributed to traders through market maker bots that are programmed to lose. This means traders must compete amongst themselves for these losses, further increasing liquidity and demand for DGTX tokens, but as a collective group, those traders will be rewarded with however much the market maker bots lose.

Not only has Digitex removed the mechanical edge of commissions that exists on every other exchange, but through loss-making market makers, there is actually going to be a mechanical edge working in the disciplined traders’ favor. Both of these advantages will be more efficiently capitalized on by short term, active traders whose trading strategies will create highly liquid futures markets.

Of course, this doesn’t mean that everyone on the Digitex Futures exchange will make money. Trading is still a zero-sum game, but there will be a much higher percentage of winning traders than exists on other fee-charging exchanges who don’t redistribute system gains through market maker losses. I would guess that probably 20% of traders on the Digitex Futures exchange will be profitable and they will take their profits from the other 80% of traders. 

If we have a million traders on our exchange, that means there could be over 200,000 people around the world who can positively change their lives with financial freedom and a winning mentality that positively affects everyone around them. There are millions of people in this world for whom making just $50 a day from their computer is a life-changing amount of money.

And I’m so excited and grateful to have the chance to create a product that can potentially affect the lives of so many people in such a profound and meaningful way. Thank you all for your continual support! Cheers!

You don’t need real DGTX tokens for trading on the testnet, but if you want to stock up on DGTX at a knock-down price right now amid market conditions, there’s never been a better time. Hop on over to the Treasury now and enjoy a seamless, frictionless transaction with zero fees and zero KYC.

BUY DGTX

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Digitex Is Live from Paris Blockchain Week Summit 3

Digitex Is Live from Paris Blockchain Week Summit

Blockchain
Digitex Futures
• Christina Comben
April 17, 2019

Today’s post is coming at you live from Paris. Adam has been non-stop at the Paris Blockchain Week Summit. He’s had interviews with the press, been speaking about Digitex and the upcoming launch, and generally spreading the word about commission-free futures trading! Check it out.

The Paris Blockchain Week Summit

The event is taking place in one of Paris’ most fashionable buildings. As well as a large main stage, there is a separate French Tech stage for the panels, an ample speakers and media room, and plenty of exhibitors including Ledger, Capital, and Tezos. And, as you might expect from Paris, you can pick up a coffee and croissant at all points across the venue!

The striking building at Station F combines glass, steel, and concrete, with comfortable interview booths and raised work pods. It provides just the right amount of space for the large crowd of delegates, with plenty of quiet corners for one-on-one meetings.
It’s modern, yet comfortable, bright, yet far from being cold. In fact, it’s the perfect place for a blockchain conference to stimulate key conversations and discuss interesting ideas.
Adam kicked off day one with a series of interviews which you can catch very soon on video and in print. The Digitex CEO was clearly in his stride. Candid and bright-eyed, he spoke about his excitement and anticipation of finally delivering his project to the world.

One of the interviewees at EAK Digital said, “the hype over the launch is massive, right? You have 1.2 million on the waitlist,” to which Adam promptly cut in “1.4 million!” He also took the opportunity to thank all of Digitex’s loyal supporters and community members, saying:

“Thanks for all your support, thanks for sticking with us, it’s only going to get better from here.”

As well as interviews, networking, and meeting and greeting, Adam participated in a key debate over the need for traditional market makers and brokers and gave his infamous opinion on the bright future of Ethereum! He also took the stage with the charismatic Bad Crypto duo in front of an engaged audience.

AMA Panel on Exchanges and Brokers

Being on at 1 PM, some delegates were gathering to get lunch. At first, there were few people in the audience and we wondered how much interest there was in this discussion… Then the participants took the stage and the room began to fill up until there was a standing-room-only crowd.
Digitex Is Live from Paris Blockchain Week Summit 4
With representatives and founders from Huobi, Woorton, and SeedCX, the future of market makers, liquidity providers, brokers, and exchanges was discussed and debated. As an AMA panel, there were a ton of questions from the audience and the very first directed at Adam. They wanted to know how Digitex was going to become non-custodial.
He explained about the integration of Plasma protocol and how we’re working with Ethereum-approved Matter Inc. to enable a truly hybrid model where users don’t have to trust us with their funds.
All three of his panel participants represent the interests of institutional traders. So, naturally, many questions arose around when crypto will reach the pivotal number of institutional investors to become truly massive.

Adam cut in (in his typical, no-nonsense style) posing the question of why we want institutional traders anyway! They control the market, they create an unequal playing field, and they take away liquidity from the pool. At Digitex, we’re only interested in retail traders where we can really help make a difference to their lives and let them make a living with no mechanical edge against them.
He also explained how Digitex will use automated market makers to ensure liquidity but without the need for giving anyone preferential treatment, payment, or earlier access to trades. You could tell that his participants weren’t all in agreement, after all, their companies are the antithesis of what Digitex is not. However, we recognize that we need institutional funds in crypto–just not on our trading platform!

The Interview on the Main Stage with Bad Crypto

You would think that Adam would have been tired out by all that speaking and action throughout the day. But he took another interview, had a small bite to eat, and prepared himself to speak live on stage.
Adam, of course, is an absolute natural with the microphone and he quickly took control of the stage… Sharing the excitement of what’s to come with the launch of the first-ever zero-fee cryptocurrency futures exchange.

The interview was streamed on Facebook Live, so the quality was as good as we could get it. But you can also catch it again on a Bad Crypto podcast airing later this month. (Adam comes in at about 20 minutes.)
Adam spoke about the need for zero commissions, how it will help high-frequency small-time traders to make profits, without always losing out to the house. He spoke of his excitement for the launch, the development process, and of course, our plans for the future.
Among them, he mentioned commission-free spot trading, the addition of traditional futures markets, 100x leverage, and more. He even hinted at the possibility of “getting into the IEO business”… so watch this space, people, because we always love to step things up a level!
Digitex Is Live from Paris Blockchain Week Summit 5
The conference started with a bang–and we still had more interviews and networking to do on day two! Adam spread the word about Digitex to publications from around the world, from the U.S. to the Netherlands! So watch this space for all the coverage.
We’ll be leaving Paris feeling excited about the launch and ready to give all our supporters the liquid, commission-free platform they’ve been waiting for.

April 17, 2019
Blockchain
Digitex Futures

Digitex Is Live from Paris Blockchain Week Summit

Christina Comben
Digitex Is Live from Paris Blockchain Week Summit 6

Today’s post is coming at you live from Paris. Adam has been non-stop at the Paris Blockchain Week Summit. He’s had interviews with the press, been speaking about Digitex and the upcoming launch, and generally spreading the word about commission-free futures trading! Check it out.

The Paris Blockchain Week Summit

The event is taking place in one of Paris’ most fashionable buildings. As well as a large main stage, there is a separate French Tech stage for the panels, an ample speakers and media room, and plenty of exhibitors including Ledger, Capital, and Tezos. And, as you might expect from Paris, you can pick up a coffee and croissant at all points across the venue!

The striking building at Station F combines glass, steel, and concrete, with comfortable interview booths and raised work pods. It provides just the right amount of space for the large crowd of delegates, with plenty of quiet corners for one-on-one meetings.
It’s modern, yet comfortable, bright, yet far from being cold. In fact, it’s the perfect place for a blockchain conference to stimulate key conversations and discuss interesting ideas.
Adam kicked off day one with a series of interviews which you can catch very soon on video and in print. The Digitex CEO was clearly in his stride. Candid and bright-eyed, he spoke about his excitement and anticipation of finally delivering his project to the world.

One of the interviewees at EAK Digital said, “the hype over the launch is massive, right? You have 1.2 million on the waitlist,” to which Adam promptly cut in “1.4 million!” He also took the opportunity to thank all of Digitex’s loyal supporters and community members, saying:

“Thanks for all your support, thanks for sticking with us, it’s only going to get better from here.”

As well as interviews, networking, and meeting and greeting, Adam participated in a key debate over the need for traditional market makers and brokers and gave his infamous opinion on the bright future of Ethereum! He also took the stage with the charismatic Bad Crypto duo in front of an engaged audience.

AMA Panel on Exchanges and Brokers

Being on at 1 PM, some delegates were gathering to get lunch. At first, there were few people in the audience and we wondered how much interest there was in this discussion… Then the participants took the stage and the room began to fill up until there was a standing-room-only crowd.
Digitex Is Live from Paris Blockchain Week Summit 7
With representatives and founders from Huobi, Woorton, and SeedCX, the future of market makers, liquidity providers, brokers, and exchanges was discussed and debated. As an AMA panel, there were a ton of questions from the audience and the very first directed at Adam. They wanted to know how Digitex was going to become non-custodial.
He explained about the integration of Plasma protocol and how we’re working with Ethereum-approved Matter Inc. to enable a truly hybrid model where users don’t have to trust us with their funds.
All three of his panel participants represent the interests of institutional traders. So, naturally, many questions arose around when crypto will reach the pivotal number of institutional investors to become truly massive.

Adam cut in (in his typical, no-nonsense style) posing the question of why we want institutional traders anyway! They control the market, they create an unequal playing field, and they take away liquidity from the pool. At Digitex, we’re only interested in retail traders where we can really help make a difference to their lives and let them make a living with no mechanical edge against them.
He also explained how Digitex will use automated market makers to ensure liquidity but without the need for giving anyone preferential treatment, payment, or earlier access to trades. You could tell that his participants weren’t all in agreement, after all, their companies are the antithesis of what Digitex is not. However, we recognize that we need institutional funds in crypto–just not on our trading platform!

The Interview on the Main Stage with Bad Crypto

You would think that Adam would have been tired out by all that speaking and action throughout the day. But he took another interview, had a small bite to eat, and prepared himself to speak live on stage.
Adam, of course, is an absolute natural with the microphone and he quickly took control of the stage… Sharing the excitement of what’s to come with the launch of the first-ever zero-fee cryptocurrency futures exchange.

The interview was streamed on Facebook Live, so the quality was as good as we could get it. But you can also catch it again on a Bad Crypto podcast airing later this month. (Adam comes in at about 20 minutes.)
Adam spoke about the need for zero commissions, how it will help high-frequency small-time traders to make profits, without always losing out to the house. He spoke of his excitement for the launch, the development process, and of course, our plans for the future.
Among them, he mentioned commission-free spot trading, the addition of traditional futures markets, 100x leverage, and more. He even hinted at the possibility of “getting into the IEO business”… so watch this space, people, because we always love to step things up a level!
Digitex Is Live from Paris Blockchain Week Summit 8
The conference started with a bang–and we still had more interviews and networking to do on day two! Adam spread the word about Digitex to publications from around the world, from the U.S. to the Netherlands! So watch this space for all the coverage.
We’ll be leaving Paris feeling excited about the launch and ready to give all our supporters the liquid, commission-free platform they’ve been waiting for.

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