trading

New Trading Video – How to Succeed Trading on Digitex

Digitex
Trading
• Digitex
May 17, 2021

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

Trading BTC and ETH Futures

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

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

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

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

Live Trading

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

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

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

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

May 17, 2021
Digitex
Trading

New Trading Video – How to Succeed Trading on Digitex

Digitex
trading

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

Trading BTC and ETH Futures

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

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

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

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

Live Trading

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

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

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

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

Latest News

Digitex

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex Futures
• Digitex
March 29, 2021

If you’re already active on the Digitex exchange, you’ll understand the benefits of trading bitcoin (BTC) futures with zero fees using a rapid-fire trading ladder. When time is of the essence in volatile markets, being able to enter and exit a trade with a single click can mean the difference between winning and losing. And if you haven’t checked out our platform yet, here are six of the ways Digitex is bringing you an optimized trading experience.

1. Zero Fees

Digitex lets you trade bitcoin (BTC) and ether (ETH) futures with zero commissions on any trade. While an average taker fee of 0.075% may not sound like much, if you’re using 100 x leverage, that translates into a massive 7.5% of your margin–on every single trade! This is especially punishing to high-frequency traders looking to scalp single-tick profits on the smallest of price fluctuations. In fact, in most cases, it’s enough to render their strategies null and void.

At Digitex, we don’t believe in punishing our most active traders who lend the most liquidity to the exchange. Instead, we provide a zero-fee trading environment made possible by trading using our native exchange token DGTX. All account balances are denominated in DGTX and profits and losses are paid out in DGTX. This saves you from paying commissions and lets you keep 100% of your profits. Find out more about DGTX tokenomics and how we enable sustainable zero-fee trading here.

2. Highly Liquid

Focusing all the liquidity from our growing user base on our popular BTCUSD and ETHUSD markets, traders can enjoy tight bid/ask spreads and rapidly filled orders. This is further facilitated by Digitex’s Liquidity Mining program which pays out 6 million DGTX rewards monthly.

Every minute at a random time, our system takes a snapshot of the order book and pays out 140 DGTX rewards to traders based on how close their unmatched orders are to the spot price at the time. In other words, they get paid (generously!) to trade on the exchange simply by lending liquidity.

3. 24/7 Trading

Unlike trading traditional futures, the cryptocurrency markets never sleep. This means that you can trade whenever you have the time either as a hobby or as a full-time day trader. And when you need a break from the screen, Digitex has handy mechanisms in place like our improved stop-loss order that helps you automatically minimize your losses in the event of unexpected volatility.

4. P2P Trading

Trading on the Digitex Futures exchange is P2P. This creates a level playing field and a fairer marketplace as opposed to betting against the house because, unlike other exchanges, we don’t have a vested interest in you losing. 

5. API for Bot Trading

In order to maximize your gains from trading and accumulate more DGTX rewards through liquidity mining, we provide a simple API to set up bot trading. Designed to be intuitive for anyone to use (not just programmers or seasoned crypto traders), it couldn’t be easier to amplify the gains you make while trading on our platform.

6. Additional Ways to Earn Rewards

Digitex users can put their DGTX tokens to further uses apart from trading. Through our rewards program via Uniswap, they can pool their DGTX tokens and earn a high APY with 5 million DGTX paid out monthly. For our community members that are more risk-averse and prefer to HODL rather than trade, this is an excellent way to generate a sustainable passive income on their DGTX holdings.

More to Come in Quarter 2, 2021

These are just six of the ways in which Digitex differs from other exchanges in the crypto space to offer an optimized trading experience. But we’re constantly working to improve. Coming up in quarter 2, 2021, we’ll be adding commission-free spot markets to our exchange as well. 

This will make it a lot easier to buy and sell DGTX within the platform for trading and earning rewards and will help make the exchange even more liquid with a larger user base. We’ll also be kicking off our own DGTX staking program in Q2 which will give holders and traders alike an extra source of income with a highly attractive APY.

If you haven’t signed up to trade on the Digitex exchange, you can do so easily by clicking this link here. We’re sure that you’ll love crypto’s only trading ladder and zero fees, powered by our native DGTX token. And, if you have any questions at all, be sure to hit us up on any of our socials, take advantage of our Live Chat feature, or open a Support ticket today.

March 29, 2021
Digitex Futures

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex
Digitex

If you’re already active on the Digitex exchange, you’ll understand the benefits of trading bitcoin (BTC) futures with zero fees using a rapid-fire trading ladder. When time is of the essence in volatile markets, being able to enter and exit a trade with a single click can mean the difference between winning and losing. And if you haven’t checked out our platform yet, here are six of the ways Digitex is bringing you an optimized trading experience.

1. Zero Fees

Digitex lets you trade bitcoin (BTC) and ether (ETH) futures with zero commissions on any trade. While an average taker fee of 0.075% may not sound like much, if you’re using 100 x leverage, that translates into a massive 7.5% of your margin–on every single trade! This is especially punishing to high-frequency traders looking to scalp single-tick profits on the smallest of price fluctuations. In fact, in most cases, it’s enough to render their strategies null and void.

At Digitex, we don’t believe in punishing our most active traders who lend the most liquidity to the exchange. Instead, we provide a zero-fee trading environment made possible by trading using our native exchange token DGTX. All account balances are denominated in DGTX and profits and losses are paid out in DGTX. This saves you from paying commissions and lets you keep 100% of your profits. Find out more about DGTX tokenomics and how we enable sustainable zero-fee trading here.

2. Highly Liquid

Focusing all the liquidity from our growing user base on our popular BTCUSD and ETHUSD markets, traders can enjoy tight bid/ask spreads and rapidly filled orders. This is further facilitated by Digitex’s Liquidity Mining program which pays out 6 million DGTX rewards monthly.

Every minute at a random time, our system takes a snapshot of the order book and pays out 140 DGTX rewards to traders based on how close their unmatched orders are to the spot price at the time. In other words, they get paid (generously!) to trade on the exchange simply by lending liquidity.

3. 24/7 Trading

Unlike trading traditional futures, the cryptocurrency markets never sleep. This means that you can trade whenever you have the time either as a hobby or as a full-time day trader. And when you need a break from the screen, Digitex has handy mechanisms in place like our improved stop-loss order that helps you automatically minimize your losses in the event of unexpected volatility.

4. P2P Trading

Trading on the Digitex Futures exchange is P2P. This creates a level playing field and a fairer marketplace as opposed to betting against the house because, unlike other exchanges, we don’t have a vested interest in you losing. 

5. API for Bot Trading

In order to maximize your gains from trading and accumulate more DGTX rewards through liquidity mining, we provide a simple API to set up bot trading. Designed to be intuitive for anyone to use (not just programmers or seasoned crypto traders), it couldn’t be easier to amplify the gains you make while trading on our platform.

6. Additional Ways to Earn Rewards

Digitex users can put their DGTX tokens to further uses apart from trading. Through our rewards program via Uniswap, they can pool their DGTX tokens and earn a high APY with 5 million DGTX paid out monthly. For our community members that are more risk-averse and prefer to HODL rather than trade, this is an excellent way to generate a sustainable passive income on their DGTX holdings.

More to Come in Quarter 2, 2021

These are just six of the ways in which Digitex differs from other exchanges in the crypto space to offer an optimized trading experience. But we’re constantly working to improve. Coming up in quarter 2, 2021, we’ll be adding commission-free spot markets to our exchange as well. 

This will make it a lot easier to buy and sell DGTX within the platform for trading and earning rewards and will help make the exchange even more liquid with a larger user base. We’ll also be kicking off our own DGTX staking program in Q2 which will give holders and traders alike an extra source of income with a highly attractive APY.

If you haven’t signed up to trade on the Digitex exchange, you can do so easily by clicking this link here. We’re sure that you’ll love crypto’s only trading ladder and zero fees, powered by our native DGTX token. And, if you have any questions at all, be sure to hit us up on any of our socials, take advantage of our Live Chat feature, or open a Support ticket today.

Latest News

Friday Wrap Up - Your Questions Answered 1

Friday Wrap Up – Your Questions Answered

Digitex Futures
• Digitex
March 26, 2021

We’re approaching the end of another busy week for the crypto industry–and for Digitex in particular. On Monday, we dropped a host of upgrades on the exchange to improve the user experience and make it easier to onboard new traders. From more ways to buy DGTX to an improved user interface and awesome Liquidity Mining program that pays you to trade, we’ve tightened the spreads and doubled the number of users on the exchange. So, what’s next? 

We’ve collected your questions this week from our social channels and Support Center to find out what you think–and provide you with as many answers as possible as we move into the second quarter of 2021. Check them out.

When are bracket orders coming?

Our team is working on these and we will be incorporating bracket orders into the exchange once they’ve passed the final testing and are ready to ship.

Will there be a single click stop loss?

Yes. The team is working on it literally as we speak! We improved the current stop loss earlier this week and now the single click request has been passed on to the dev team. They really like the idea but it will require some time to design and build, so expect this to come in one of our future upgrades.

Will gold and silver return?

No, not for the time being. We want to focus all our efforts, market making, and liquidity on our flagship markets right now.

Will spot markets be next?

Yes, 100%. Launching the spot markets is our top priority.

Will there be burning at some point or more staking so selling pressure will go down?

At the current time and for the foreseeable future, we have decided that there will be no token burning. However, we do have a plan to take a significant amount of DGTX off the circulating market and we will share details with you in due course.

When will marketing start?

We have been working behind the scenes to put together an experienced marketing team that has been hashing out a killer strategy ready to execute as soon as the spot markets go live. Some of the projects they have been working on include a brand-new marketing website, retargeting ad campaigns, Telegram groups and influencer promos. Next month, after the spot markets are released, we’ll be making more noise in the press and seeking better-known influencer partnerships.

Will there be an AMA?

We can definitely host an AMA in the upcoming quarter. We’d like to focus our efforts on getting another couple of upgrades and releases out on the exchange first, and then Adam will be happy to catch up with the community personally.

Will there be a Digitex trading app?

Yes. The work has started on the Digitex trading app for both Android and iOS and we now have a small dedicated team here in the office. We will update you on the progress in due course.

Is the stablecoin still in the roadmap?

Not in the near future. We love the idea of the stablecoin, but in reality, it needs a lot more time for development and testing. 

What’s coming in the next update?

The spot market is our highest priority. That will be the next major upgrade on the exchange.

How often are the liquidity mining rewards paid out? Are they paid into the trading account or main account?

Liquidity mining rewards are paid out every minute into your trading account.

Why is the new version not mobile responsive?

We’re developing a mobile app currently. This is something that we’ve wanted to do for a long time and, as we mentioned, we now have a dedicated team working on it. In fact, if you try logging into the exchange on a mobile, you’ll find a lander that says “app coming soon.” We’ve decided that this is a more efficient use of resources than working on a mobile responsive version as it means we can get the app released sooner for trading on the go.

That’s all for now. We hope that you’re enjoying the improvements to the exchange. If you have more questions or feedback, as always, be sure to let us know. In the meantime, be sure to earn your liquidity mining rewards and get paid to trade on top of your profits.

March 26, 2021
Digitex Futures

Friday Wrap Up – Your Questions Answered

Digitex
Friday Wrap Up - Your Questions Answered 2

We’re approaching the end of another busy week for the crypto industry–and for Digitex in particular. On Monday, we dropped a host of upgrades on the exchange to improve the user experience and make it easier to onboard new traders. From more ways to buy DGTX to an improved user interface and awesome Liquidity Mining program that pays you to trade, we’ve tightened the spreads and doubled the number of users on the exchange. So, what’s next? 

We’ve collected your questions this week from our social channels and Support Center to find out what you think–and provide you with as many answers as possible as we move into the second quarter of 2021. Check them out.

When are bracket orders coming?

Our team is working on these and we will be incorporating bracket orders into the exchange once they’ve passed the final testing and are ready to ship.

Will there be a single click stop loss?

Yes. The team is working on it literally as we speak! We improved the current stop loss earlier this week and now the single click request has been passed on to the dev team. They really like the idea but it will require some time to design and build, so expect this to come in one of our future upgrades.

Will gold and silver return?

No, not for the time being. We want to focus all our efforts, market making, and liquidity on our flagship markets right now.

Will spot markets be next?

Yes, 100%. Launching the spot markets is our top priority.

Will there be burning at some point or more staking so selling pressure will go down?

At the current time and for the foreseeable future, we have decided that there will be no token burning. However, we do have a plan to take a significant amount of DGTX off the circulating market and we will share details with you in due course.

When will marketing start?

We have been working behind the scenes to put together an experienced marketing team that has been hashing out a killer strategy ready to execute as soon as the spot markets go live. Some of the projects they have been working on include a brand-new marketing website, retargeting ad campaigns, Telegram groups and influencer promos. Next month, after the spot markets are released, we’ll be making more noise in the press and seeking better-known influencer partnerships.

Will there be an AMA?

We can definitely host an AMA in the upcoming quarter. We’d like to focus our efforts on getting another couple of upgrades and releases out on the exchange first, and then Adam will be happy to catch up with the community personally.

Will there be a Digitex trading app?

Yes. The work has started on the Digitex trading app for both Android and iOS and we now have a small dedicated team here in the office. We will update you on the progress in due course.

Is the stablecoin still in the roadmap?

Not in the near future. We love the idea of the stablecoin, but in reality, it needs a lot more time for development and testing. 

What’s coming in the next update?

The spot market is our highest priority. That will be the next major upgrade on the exchange.

How often are the liquidity mining rewards paid out? Are they paid into the trading account or main account?

Liquidity mining rewards are paid out every minute into your trading account.

Why is the new version not mobile responsive?

We’re developing a mobile app currently. This is something that we’ve wanted to do for a long time and, as we mentioned, we now have a dedicated team working on it. In fact, if you try logging into the exchange on a mobile, you’ll find a lander that says “app coming soon.” We’ve decided that this is a more efficient use of resources than working on a mobile responsive version as it means we can get the app released sooner for trading on the go.

That’s all for now. We hope that you’re enjoying the improvements to the exchange. If you have more questions or feedback, as always, be sure to let us know. In the meantime, be sure to earn your liquidity mining rewards and get paid to trade on top of your profits.

Latest News

Liquidity Mining

Maximize Your Liquidity Mining Rewards with Bot Trading

Digitex Futures
• Digitex
March 24, 2021

Since launching our Liquidity Mining program on Digitex on Monday, we’ve been listening to your feedback and taking your comments on board. We’re really pleased with the initial response so far! One overriding point that many of you made, however, is that it is difficult to profit from the program when trading manually. We, therefore, wanted to remind you that our API is available to set up bot trading to maximize your Liquidity Mining rewards–here’s how.

How To Get Started

To get started with bot trading (which will not only maximize your Liquidity Mining rewards but also take your trading game up a gear), you’ll need to first download Python and then Protobuf. You can find more details on how to do this for Mac OS, Ubuntu, or Windows here. Once you’re good to go, you’ll need to download Digitex engine client, a library that implements a client interface to the Digitex Futures trading engine, before connecting the main API.

We have laid out the instructions step by step in an informative article on our Support Center. This helpful guide should make it easy for you to download the necessary software, troubleshoot any issues, and get started with your bot on Digitex. However, if you have any questions at all or require any assistance to install your trading bot, don’t hesitate to reach out, our support team will be happy to help. Simply hit us up on any of our socials, use the Live Chat feature, or open a support ticket.

Another Upgrade Coming Soon

Finally, we understand from your feedback, that you’re hotly anticipating the release of our zero-fee spot exchange. Please be aware that this major upgrade is coming soon. As we stated in our article at the start of the year, the Digitex roadmap still stands intact. We’ve just learned from our past mistakes that it’s better to drop the upgrades and improvements when they’re ready to ship rather than force ourselves to commit to dates that we may not be able to reach. We appreciate all your understanding, support, and patience. 

And, in the meantime, be sure to get trading on the BTC futures market now ahead of Friday’s massive $6.1 billion BTC options expiry date… the volatility surrounding the king of all cryptos looks set to be epic! 

 

March 24, 2021
Digitex Futures

Maximize Your Liquidity Mining Rewards with Bot Trading

Digitex
Liquidity Mining

Since launching our Liquidity Mining program on Digitex on Monday, we’ve been listening to your feedback and taking your comments on board. We’re really pleased with the initial response so far! One overriding point that many of you made, however, is that it is difficult to profit from the program when trading manually. We, therefore, wanted to remind you that our API is available to set up bot trading to maximize your Liquidity Mining rewards–here’s how.

How To Get Started

To get started with bot trading (which will not only maximize your Liquidity Mining rewards but also take your trading game up a gear), you’ll need to first download Python and then Protobuf. You can find more details on how to do this for Mac OS, Ubuntu, or Windows here. Once you’re good to go, you’ll need to download Digitex engine client, a library that implements a client interface to the Digitex Futures trading engine, before connecting the main API.

We have laid out the instructions step by step in an informative article on our Support Center. This helpful guide should make it easy for you to download the necessary software, troubleshoot any issues, and get started with your bot on Digitex. However, if you have any questions at all or require any assistance to install your trading bot, don’t hesitate to reach out, our support team will be happy to help. Simply hit us up on any of our socials, use the Live Chat feature, or open a support ticket.

Another Upgrade Coming Soon

Finally, we understand from your feedback, that you’re hotly anticipating the release of our zero-fee spot exchange. Please be aware that this major upgrade is coming soon. As we stated in our article at the start of the year, the Digitex roadmap still stands intact. We’ve just learned from our past mistakes that it’s better to drop the upgrades and improvements when they’re ready to ship rather than force ourselves to commit to dates that we may not be able to reach. We appreciate all your understanding, support, and patience. 

And, in the meantime, be sure to get trading on the BTC futures market now ahead of Friday’s massive $6.1 billion BTC options expiry date… the volatility surrounding the king of all cryptos looks set to be epic! 

 

Latest News

Are Traders Born or Made? 3

Are Traders Born or Made?

Digitex Futures
Trading
• admin
February 18, 2019

We wanted to learn a little more about our community. So we asked you guys your level of trading experience, what strategies and trading tools you use, and, most importantly, whether you think that traders are born or made. Thank you very much to the 1,600+ who took the time to respond to our survey. Here’s what we found out.

In Terms of Trading Experience

As you can see from the chart below, much of our community is quite new to the concept of trading. Some 32.1% responded that they were new to this, with 18.5% very experienced, and almost half, at 47.6%, with some experience.
This is great to know because Digitex is planning to lower the barrier for traders and make trading futures possible for anyone, whether they’re seasoned traders or beginners.
Once the platform launches, and in the run-up before, we’ll be putting out trading videos, how-to style articles, tips from Adam, and other educational material.
So, for those of you who feel like you want or need to know more to trade comfortably, don’t worry. You’ll get up to speed in no time and once you trade with the one-click ladder, you’ll never look back again!

Looking at Trading Technique

When we asked about your trading technique, an overwhelming majority of you prefer to trade manually, with just around 20% of you responding that you either use exclusively bots or both manual and bot trading.
Again, this is really useful information for us, and we’ll be putting out an article tomorrow about bot versus manual trading. This will give you further details about what they are and the pros and cons of both. Some of the most common bots used were Cryptohopper, Gunbot, and CryptoTrader.org.

What’s Your Trading Style?

There are plenty of different trading styles out there and we wanted to glean an idea of yours. While many of you may not have one particular style, it’s clear that day trading won out here, with some swing and scalp trading also among the results.
We’ll be exploring different trading styles in more detail later on this week, so check back here to find out what you don’t know and see what kind of style you think might suit you better.

Which Markets Do You Trade?

The really cool news for us from these responses is that, while cryptocurrencies overwhelmingly take the lion’s share when it comes to trading futures markets, plenty of you also trade Forex, stocks, and other markets.
This means that when we added additional traditional futures markets to the exchange, there will already be some experience and plenty of interest. Remember, we’ll be providing plenty of educational material to fill in any gaps. That includes the low-down on traditional futures markets as well.

When it came to exchanges, Binance, HitBTC, Mercatox, and Coinbase took the top four slots, with some other popular exchanges among our community including Kucoin, Bitstamp, and Bitfinex.

Are Traders Born or Made?

To really see the results of this, check out our Twitter poll below. An overwhelming 85% of you believe that traders are made. And we couldn’t agree more!

While a trader must undoubtedly learn to manage their emotions and not succumb to FOMO and FUD, with patience and practice, you can learn to become a successful trader.
This is what we plan at Digitex. To help as many of you become confident traders who can make a living from trading on our exchange. We want to provide financial freedom, success, and to produce a happy community of traders that grows and grows, as the token price rises.
Many thanks for staying with us, we can’t wait to see you on the live exchange!
PS – We’ll be contacting our winners this week who took part in our survey to receive the official Digitex Futures hat. Cheers!

February 18, 2019
Digitex Futures
Trading

Are Traders Born or Made?

admin
Are Traders Born or Made? 4

We wanted to learn a little more about our community. So we asked you guys your level of trading experience, what strategies and trading tools you use, and, most importantly, whether you think that traders are born or made. Thank you very much to the 1,600+ who took the time to respond to our survey. Here’s what we found out.

In Terms of Trading Experience

As you can see from the chart below, much of our community is quite new to the concept of trading. Some 32.1% responded that they were new to this, with 18.5% very experienced, and almost half, at 47.6%, with some experience.
This is great to know because Digitex is planning to lower the barrier for traders and make trading futures possible for anyone, whether they’re seasoned traders or beginners.
Once the platform launches, and in the run-up before, we’ll be putting out trading videos, how-to style articles, tips from Adam, and other educational material.
So, for those of you who feel like you want or need to know more to trade comfortably, don’t worry. You’ll get up to speed in no time and once you trade with the one-click ladder, you’ll never look back again!

Looking at Trading Technique

When we asked about your trading technique, an overwhelming majority of you prefer to trade manually, with just around 20% of you responding that you either use exclusively bots or both manual and bot trading.
Again, this is really useful information for us, and we’ll be putting out an article tomorrow about bot versus manual trading. This will give you further details about what they are and the pros and cons of both. Some of the most common bots used were Cryptohopper, Gunbot, and CryptoTrader.org.

What’s Your Trading Style?

There are plenty of different trading styles out there and we wanted to glean an idea of yours. While many of you may not have one particular style, it’s clear that day trading won out here, with some swing and scalp trading also among the results.
We’ll be exploring different trading styles in more detail later on this week, so check back here to find out what you don’t know and see what kind of style you think might suit you better.

Which Markets Do You Trade?

The really cool news for us from these responses is that, while cryptocurrencies overwhelmingly take the lion’s share when it comes to trading futures markets, plenty of you also trade Forex, stocks, and other markets.
This means that when we added additional traditional futures markets to the exchange, there will already be some experience and plenty of interest. Remember, we’ll be providing plenty of educational material to fill in any gaps. That includes the low-down on traditional futures markets as well.

When it came to exchanges, Binance, HitBTC, Mercatox, and Coinbase took the top four slots, with some other popular exchanges among our community including Kucoin, Bitstamp, and Bitfinex.

Are Traders Born or Made?

To really see the results of this, check out our Twitter poll below. An overwhelming 85% of you believe that traders are made. And we couldn’t agree more!

While a trader must undoubtedly learn to manage their emotions and not succumb to FOMO and FUD, with patience and practice, you can learn to become a successful trader.
This is what we plan at Digitex. To help as many of you become confident traders who can make a living from trading on our exchange. We want to provide financial freedom, success, and to produce a happy community of traders that grows and grows, as the token price rises.
Many thanks for staying with us, we can’t wait to see you on the live exchange!
PS – We’ll be contacting our winners this week who took part in our survey to receive the official Digitex Futures hat. Cheers!

Latest News