digitex

Digitex Community – Your Latest Questions Answered

Digitex
• Digitex
May 3, 2021

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

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

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

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

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

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

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

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

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

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

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

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

Q. When will the mobile app be ready?

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

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

Q. Why will you not make a stablecoin?

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

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

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

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

May 3, 2021
Digitex

Digitex Community – Your Latest Questions Answered

Digitex
digitex

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

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

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

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

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

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

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

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

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

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

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

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

Q. When will the mobile app be ready?

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

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

Q. Why will you not make a stablecoin?

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

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

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

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

Latest News

cryptocurrency

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange?

Digitex
• Digitex
April 23, 2021

As you may already know, we shared some awesome news last week about the launch of our new spot crypto exchange.

Introducing six new trading pairs, the spot exchange offers users the ability to buy, hold, and sell cryptocurrencies without using a third-party platform.

This also applies to the native exchange token DGTX, which you can now buy with ETH, BTC, or USDC directly on Digitex.

In this article, we will guide you through all the steps you need to take to trade cryptocurrency on the Digitex spot exchange.

How to Trade Cryptocurrency on the Digitex Spot Exchange (a Step-by-Step Guide)

Step 1: Create an Account

The first step to start trading crypto on the Digitex spot exchange is to create an account on the platform.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 1

To do that, head to the official website of the cryptocurrency exchange and click either the “Create Account” or the “Sign Up” button near the top right corner of the page.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 2

On the next page, fill in the form with your email and password as well as tick the two boxes to agree to the terms of use, and confirm that you are not a U.S. citizen.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 3

As the final step, Digitex sends a code to your email address, which you have to enter to verify your email.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 4

In exchange for confirming your identity, Digitex offers $25 in DGTX, which you can use to kickstart your trading journey on the cryptocurrency exchange. However, you need to hurry as the promotion is available only for a limited time!

In addition to KYC, we highly recommend enhancing your account’s security by turning on 2-Factor-Authentication (2FA) in the “Account” menu.

After initiating the setup, download the Google Authenticator app on your smartphone, scan the QR code, and type in the code you see on your other device where you have opened the Digitex platform.

Optionally, you can pass a super quick KYC verification by clicking the profile image icon in the top right corner of the page and heading to the “Account” menu.

Step 2: Deposit Funds

You need to deposit funds into your account to start trading on the Digitex spot exchange.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 5

To do so, click the blue “Deposit” button near the top right corner of the page.

After selecting the cryptocurrency (BTC, USDC, ETH, or DGTX), Digitex will show you an ERC-20 address where you have to deposit the digital assets.

Open your (external) crypto wallet, and either copy-paste or use your phone’s camera to scan the QR code of your Digitex address.

Upon ensuring that you send the right cryptocurrency to the correct address, select the amount to transfer, and execute the transaction.

After reaching the necessary network confirmations, your funds will be automatically credited to your Digitex account.

Step 3: Place a Trade

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 6

To start trading, head into the “Wallet” menu and click on the “Transfer” button.

Select the cryptocurrency and the amount to transfer from your main account to your trading account, and click the “Confirm” button when you are ready.

Digitex will automatically move your coins to your trading account so you can start buying and selling cryptocurrency on the platform.

As the next step, select a spot trading pair (e.g., DGTX/USDC) from the top menu.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 7

When you are on the trading page, scroll down to place either a limit or a market order to buy DGTX or any other cryptocurrency available on the Digitex spot exchange.

For market orders, choose the amount of digital assets to purchase – you also need to select the price as well as the type of the order (e.g., Good till canceled) for limit orders – and execute the trade.

Spot Exchange: Digitex’s Next Step in Evolution

Congratulations, you have made your first trade on the Digitex spot exchange!

Be sure to check out Digitex’s futures trading pairs as well to trade Ethereum and Bitcoin derivatives with zero fees and up to 100x leverage.

It’s important to mention that while you don’t need to hold DGTX on the spot exchange, you can only trade futures contracts on Digitex by owning DGTX.

However, with the new spot exchange, it’s easier than ever to buy DGTX, which you can do so now by heading to the following page.

April 23, 2021
Digitex

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange?

Digitex
cryptocurrency

As you may already know, we shared some awesome news last week about the launch of our new spot crypto exchange.

Introducing six new trading pairs, the spot exchange offers users the ability to buy, hold, and sell cryptocurrencies without using a third-party platform.

This also applies to the native exchange token DGTX, which you can now buy with ETH, BTC, or USDC directly on Digitex.

In this article, we will guide you through all the steps you need to take to trade cryptocurrency on the Digitex spot exchange.

How to Trade Cryptocurrency on the Digitex Spot Exchange (a Step-by-Step Guide)

Step 1: Create an Account

The first step to start trading crypto on the Digitex spot exchange is to create an account on the platform.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 8

To do that, head to the official website of the cryptocurrency exchange and click either the “Create Account” or the “Sign Up” button near the top right corner of the page.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 9

On the next page, fill in the form with your email and password as well as tick the two boxes to agree to the terms of use, and confirm that you are not a U.S. citizen.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 10

As the final step, Digitex sends a code to your email address, which you have to enter to verify your email.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 11

In exchange for confirming your identity, Digitex offers $25 in DGTX, which you can use to kickstart your trading journey on the cryptocurrency exchange. However, you need to hurry as the promotion is available only for a limited time!

In addition to KYC, we highly recommend enhancing your account’s security by turning on 2-Factor-Authentication (2FA) in the “Account” menu.

After initiating the setup, download the Google Authenticator app on your smartphone, scan the QR code, and type in the code you see on your other device where you have opened the Digitex platform.

Optionally, you can pass a super quick KYC verification by clicking the profile image icon in the top right corner of the page and heading to the “Account” menu.

Step 2: Deposit Funds

You need to deposit funds into your account to start trading on the Digitex spot exchange.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 12

To do so, click the blue “Deposit” button near the top right corner of the page.

After selecting the cryptocurrency (BTC, USDC, ETH, or DGTX), Digitex will show you an ERC-20 address where you have to deposit the digital assets.

Open your (external) crypto wallet, and either copy-paste or use your phone’s camera to scan the QR code of your Digitex address.

Upon ensuring that you send the right cryptocurrency to the correct address, select the amount to transfer, and execute the transaction.

After reaching the necessary network confirmations, your funds will be automatically credited to your Digitex account.

Step 3: Place a Trade

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 13

To start trading, head into the “Wallet” menu and click on the “Transfer” button.

Select the cryptocurrency and the amount to transfer from your main account to your trading account, and click the “Confirm” button when you are ready.

Digitex will automatically move your coins to your trading account so you can start buying and selling cryptocurrency on the platform.

As the next step, select a spot trading pair (e.g., DGTX/USDC) from the top menu.

How to Place a Trade on the Digitex Cryptocurrency Spot Exchange? 14

When you are on the trading page, scroll down to place either a limit or a market order to buy DGTX or any other cryptocurrency available on the Digitex spot exchange.

For market orders, choose the amount of digital assets to purchase – you also need to select the price as well as the type of the order (e.g., Good till canceled) for limit orders – and execute the trade.

Spot Exchange: Digitex’s Next Step in Evolution

Congratulations, you have made your first trade on the Digitex spot exchange!

Be sure to check out Digitex’s futures trading pairs as well to trade Ethereum and Bitcoin derivatives with zero fees and up to 100x leverage.

It’s important to mention that while you don’t need to hold DGTX on the spot exchange, you can only trade futures contracts on Digitex by owning DGTX.

However, with the new spot exchange, it’s easier than ever to buy DGTX, which you can do so now by heading to the following page.

Latest News

digitex

The New Digitex Spot Exchange Is Live

Digitex
• Digitex
April 15, 2021

We’re thrilled to announce that, after much anticipation, the new Digitex spot exchange is officially live and open for business. Traders can now buy DGTX instantly and securely straight from our exchange without having to go to a third party platform. This will optimize the trading experience when time is of the essence, save traders from paying trading and withdrawal fees elsewhere, and streamline the new user onboarding process, among other benefits.

All in One Exchange

Our zero-fee spot markets also mean that traders on the exchange can choose to convert their earnings into stablecoin USDC if they wish without leaving the exchange. This will be especially attractive to traders with larger positions looking to avoid the volatility of holding their earnings in cryptocurrencies like DGTX. 

Another huge advantage of the spot markets is that it opens our doors to a wider net of users. Digitex is no longer just a futures exchange but a place where spot traders can place as many trades and transactions as they like without incurring a single fee. They can also withdraw their funds completely free of charge unlike any other cryptocurrency exchange on the market.

We’re starting out with six trading pairs — DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC — and will be gradually adding more according to demand. 

We’re excited about this significant upgrade to the Digitex exchange for several other reasons as well. The convenience of trading spot and futures from one universal trading wallet with no KYC requirement makes for a superlative UX, which is something, as you probably know, that our CEO Adam has always been tirelessly obsessed about!

“We want to offer our traders an experience they won’t find anywhere else. So not only have we removed ALL fees, zero trading and zero withdrawal fees, but we’ve also really improved our UX and UI on this latest release. By allowing traders to trade cryptocurrencies and futures from one universal wallet, they can interact with our markets in a faster and more convenient way,” Adam enthused. 

“The overall trading experience on Digitex is totally optimized, allowing traders to walk away with real profit. That’s what it’s all about, delivering real value to users.” 

The Evolution of Digitex

The launching of our spot markets marks the latest evolution for Digitex as we expand our user base and improve our exchange constantly — without losing sight of what makes us so special. Digitex, with its unique zero-fee model that uses the DGTX token for all interactions on the exchange, is the only platform that enables high-frequency trading strategies. With the hefty commissions on fee-charging exchanges, taking advantage of small price movements through scalping is simply impossible.

Digitex provides a true zero-fee trading experience creating the most optimal environment for traders to generate and, more importantly, keep their profits. The Digitex matching engine has been battle-hardened on live markets with thousands of real users through extreme BTC volatility since 2019 and has proved itself capable of handling over 22 billion contracts in a 24-hour period — on the crypto industry’s first and only single-click ladder interface.

“You’ve all witnessed my rollercoaster experience trying to develop this platform,” Adam said candidly. “It’s been challenging yet also extremely rewarding. One of the greatest lessons I’ve learned is that my most prized possession is the team I have now. I wouldn’t trade them in for anything. I’m really happy that we’re delivering the high-quality spot exchange at just the start of Q2, because there’s so much more to come for the remainder of the year.” 

Liquidity Mining

Our Liquidity Mining program in which we pay traders to act as market makers on our exchange, means that, in addition to making trading gains, we actually pay them while they trade. With unfilled orders, traders are lending liquidity to Digitex’s markets, and keeping our spread tight. 

In exchange for this, we take a snapshot of the order book every minute at a random time, and distribute up to 290 DGTX rewards proportionally to those traders whose unmatched orders are the closest to the spot price at that time. This amounts to a massive 417,600 DGTX paid out daily!

Currently, Digitex traders collectively make over $10,000 worth of DGTX daily through the Liquidity Mining program. Each spot market will pay traders 25 DGTX per minute, which comes to 36,000 DGTX per day per spot market, click this link to learn more about the program, and read the following article on our blog to get started with bot trading to maximize your liquidity mining rewards.

Additional Features

With the upgrade to Digitex.io, we’ll soon be adding another new feature to the exchange that allows users to instantly send crypto to any email address without paying fees. The receiving users don’t even have to have a Digitex account to receive money! 

We’re making it as simple as possible to trade, earn, and send crypto, and we’re looking forward to seeing you on the new exchange! Sign up for an account now and get started right away on the only platform built with its users’ interests in mind.

April 15, 2021
Digitex

The New Digitex Spot Exchange Is Live

Digitex
digitex

We’re thrilled to announce that, after much anticipation, the new Digitex spot exchange is officially live and open for business. Traders can now buy DGTX instantly and securely straight from our exchange without having to go to a third party platform. This will optimize the trading experience when time is of the essence, save traders from paying trading and withdrawal fees elsewhere, and streamline the new user onboarding process, among other benefits.

All in One Exchange

Our zero-fee spot markets also mean that traders on the exchange can choose to convert their earnings into stablecoin USDC if they wish without leaving the exchange. This will be especially attractive to traders with larger positions looking to avoid the volatility of holding their earnings in cryptocurrencies like DGTX. 

Another huge advantage of the spot markets is that it opens our doors to a wider net of users. Digitex is no longer just a futures exchange but a place where spot traders can place as many trades and transactions as they like without incurring a single fee. They can also withdraw their funds completely free of charge unlike any other cryptocurrency exchange on the market.

We’re starting out with six trading pairs — DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC — and will be gradually adding more according to demand. 

We’re excited about this significant upgrade to the Digitex exchange for several other reasons as well. The convenience of trading spot and futures from one universal trading wallet with no KYC requirement makes for a superlative UX, which is something, as you probably know, that our CEO Adam has always been tirelessly obsessed about!

“We want to offer our traders an experience they won’t find anywhere else. So not only have we removed ALL fees, zero trading and zero withdrawal fees, but we’ve also really improved our UX and UI on this latest release. By allowing traders to trade cryptocurrencies and futures from one universal wallet, they can interact with our markets in a faster and more convenient way,” Adam enthused. 

“The overall trading experience on Digitex is totally optimized, allowing traders to walk away with real profit. That’s what it’s all about, delivering real value to users.” 

The Evolution of Digitex

The launching of our spot markets marks the latest evolution for Digitex as we expand our user base and improve our exchange constantly — without losing sight of what makes us so special. Digitex, with its unique zero-fee model that uses the DGTX token for all interactions on the exchange, is the only platform that enables high-frequency trading strategies. With the hefty commissions on fee-charging exchanges, taking advantage of small price movements through scalping is simply impossible.

Digitex provides a true zero-fee trading experience creating the most optimal environment for traders to generate and, more importantly, keep their profits. The Digitex matching engine has been battle-hardened on live markets with thousands of real users through extreme BTC volatility since 2019 and has proved itself capable of handling over 22 billion contracts in a 24-hour period — on the crypto industry’s first and only single-click ladder interface.

“You’ve all witnessed my rollercoaster experience trying to develop this platform,” Adam said candidly. “It’s been challenging yet also extremely rewarding. One of the greatest lessons I’ve learned is that my most prized possession is the team I have now. I wouldn’t trade them in for anything. I’m really happy that we’re delivering the high-quality spot exchange at just the start of Q2, because there’s so much more to come for the remainder of the year.” 

Liquidity Mining

Our Liquidity Mining program in which we pay traders to act as market makers on our exchange, means that, in addition to making trading gains, we actually pay them while they trade. With unfilled orders, traders are lending liquidity to Digitex’s markets, and keeping our spread tight. 

In exchange for this, we take a snapshot of the order book every minute at a random time, and distribute up to 290 DGTX rewards proportionally to those traders whose unmatched orders are the closest to the spot price at that time. This amounts to a massive 417,600 DGTX paid out daily!

Currently, Digitex traders collectively make over $10,000 worth of DGTX daily through the Liquidity Mining program. Each spot market will pay traders 25 DGTX per minute, which comes to 36,000 DGTX per day per spot market, click this link to learn more about the program, and read the following article on our blog to get started with bot trading to maximize your liquidity mining rewards.

Additional Features

With the upgrade to Digitex.io, we’ll soon be adding another new feature to the exchange that allows users to instantly send crypto to any email address without paying fees. The receiving users don’t even have to have a Digitex account to receive money! 

We’re making it as simple as possible to trade, earn, and send crypto, and we’re looking forward to seeing you on the new exchange! Sign up for an account now and get started right away on the only platform built with its users’ interests in mind.

Latest News