digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
• Digitex
May 31, 2021

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

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

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

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

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

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

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

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

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

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

Q. What will happen to the DGTX collected?

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

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

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

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

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

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

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

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

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

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

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

May 31, 2021
Digitex

Digitex Is Growing Our Ecosystem of Products

Digitex
digitex

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

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

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

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

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

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

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

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

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

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

Q. What will happen to the DGTX collected?

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

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

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

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

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

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

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

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

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

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

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

Latest News

Announcing Blockfunder - Our Brand-New IEO Platform 1

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
• Digitex
May 27, 2021

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 2

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 3

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 4

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

May 27, 2021
Digitex

Announcing Blockfunder – Our Brand-New IEO Platform

Digitex
Announcing Blockfunder - Our Brand-New IEO Platform 5

We told you on Monday that there was a lot more to come out of Digitex in Q2! Well, today, we’re excited to announce the launch of our brand-new IEO platform Blockfunder. Through our token launch platform, we aim to help finance and fast-track some of crypto’s most exciting and promising projects–and we’ll be kicking off with our very own in-house developed crypto social network Blockster (BXR). Read on for further details.

What Is Blockfunder?

Blockfunder is a platform that allows new and innovative cryptocurrency projects to benefit from the technology, experience, and network effect of the Digitex exchange. Through Blockfunder, you can get in on the ground floor of up-and-coming projects at their earliest stages of development with the assurance that only the highest quality offerings will be held.

Our internal team of engineers, compliance experts, and marketers will assess the project’s whitepaper, code, regulatory position, community, team, and potential, and hold new participants to the highest standards before allowing them to hold an IEO on our exchange. Through Blockfunder, we will be helping to finance a combination of in-house-built products like Blockster (BXR) and innovative external projects that we believe have great potential to succeed.

As well as supporting innovation and providing exclusive investment opportunities to crypto enthusiasts, Blockfunder is designed to lend additional utility to the DGTX token. Various token sales through Blockfunder will accept DGTX as payment, thus helping to restrict the circulating supply of the DGTX token and helping it recapture value.

CEO of Digitex Adam Todd commented: “We’re really excited to be launching our own IEO platform that will also introduce a new utility for our native DGTX token. As we raise funds for projects, partial payment will be accepted with DGTX, meaning a lot will be collected back from the total circulating supply.” 

What Is Blockster (BXR)?

The very first project to launch through Blockfunder will be Blockster, a social network dedicated to cryptocurrency enthusiasts with its own native token (BXR) that will be used for advertising and commerce on the platform, as well as staking. Blockster will be driven by user-generated content that focuses on making money in crypto and blockchain.

Announcing Blockfunder - Our Brand-New IEO Platform 6

Unlike existing social media platforms today, Blockster will provide everything in one platform. Crypto enthusiasts will no longer have to open several tabs to check the prices of their favorite assets, watch crypto influencers, create content, chat to friends, or read the news. 

Announcing Blockfunder - Our Brand-New IEO Platform 7

Blockster will come complete with a full market data feed for all cryptocurrencies, just like CoinMarketCap or CoinGecko. It will also have its own user-generated blog called Blockdesk, and a mobile app and NFT marketplace where users can buy and sell some of the hottest digital assets in crypto. With all these unique features in mind, Blockster aims to become ‘the social network’ for the crypto industry. 

Announcing Blockfunder - Our Brand-New IEO Platform 8

Blockster has been designed and developed in-house by Digitex specifically for crypto users, traders, and enthusiasts looking for opportunities to make money through investing and trading in digital assets. Unlike many projects at the initial coin offering stage, Blockster has already been under development for over a year now and is operating in a closed testnet version.

The Blockster (BXR) Token Sale 

The BXR token sale will be split into six separate phases that will sell a total of 10 million BXR tokens. This is 10% of the total token supply. For further details on the BXR token breakdown, please see the Blockster whitepaper here. 

Each phase of the token sale lasts until the start of the next phase or until all tokens have been sold, whichever comes first. The first phase will kick off on June 7, 2021, and the last phase, phase 6, will end on October 12, 2021 (or when all tokens have been sold).

The BXR token will start at $1 per BXR in the first phase and the price will gradually rise throughout the phases to $2.25. In the initial phase, as well as two other phases, only DGTX will be accepted as payment for BXR tokens. In the other three phases, we will be accepting BTC, ETH, and USDC. 

Once the token sale is concluded, BXR will be listed on Digitex, Uniswap, and other major exchanges that will be announced soon. You must complete KYC to take part in this token sale and US residents and citizens are unfortunately not allowed to participate.

We’ll be releasing more details about Blockster before the token sale begins, so be sure to stay tuned to our blog. In the meantime, you can read more about Blockster here or sign up for the waitlist by visiting this link. If you’re a content creator and would like to partner with Blockster, you can submit an application there as well.  

Latest News

Development Update - What’s Coming Next to Digitex? 9

Development Update – What’s Coming Next to Digitex?

Digitex
• Digitex
May 24, 2021

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

What We’ve Done in Q2 So Far

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

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

Development Update - What’s Coming Next to Digitex? 10

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

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

What’s Still to Come in Q2 and Q3

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

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

A Whole Lot More Besides

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

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

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

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

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

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

May 24, 2021
Digitex

Development Update – What’s Coming Next to Digitex?

Digitex
Development Update - What’s Coming Next to Digitex? 11

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

What We’ve Done in Q2 So Far

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

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

Development Update - What’s Coming Next to Digitex? 12

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

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

What’s Still to Come in Q2 and Q3

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

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

A Whole Lot More Besides

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

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

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

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

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

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

Latest News

Digitex

Check Out the Improved Stop Loss Order + Other Updates at Digitex

Trading
• Digitex
March 25, 2021

Hey, Digitex community! It’s been a busy week so far and we’re continuing to listen to your feedback and make additional improvements to the exchange. Today, we’re pleased to let you know that we have upgraded our stop loss order. As some of you have been requesting this for a while now, we think you’re going to love it. Read on to find out what’s changed and for other updates at Digitex this week as well. 

As any seasoned trader knows, stop loss orders are essential for trading to minimize your losses and effectively manage your risk. With that in mind, we’ve made the Digitex stop loss order much more effective and easy to use in three simple steps:

  1. Press the Buy or Sell select button
  2. Type in the trigger price that will trigger the stop (always keep in mind that this number is based on the spot price, not the futures price)
  3. Type in the quantity
  4. Press the button “Set buy stop” or “Set sell stop”

Check Out the Improved Stop Loss Order + Other Updates at Digitex 13

What Is a Stop Loss Order and What Is it For?

For those of you who are new to trading, fear not, there are no stupid questions. A stop loss order is an order that you place to buy or sell automatically once the asset in question reaches a certain price. Effectively, this means that you can take a break from trading with the peace of mind that, in the event of high volatility or the market going against you, you are protected from suffering major losses. 

So, say, for example, that you decide you don’t want to hold your long position if Bitcoin (BTC) falls by more than $100. You simply set your stop loss order at $100 below the price you bought at. If BTC falls to this price, you will automatically sell, and curtail your losses rather than potentially suffering far greater losses.

Since it costs nothing to set up your stop loss, it allows you to trade more efficiently knowing that you’ll never be further out of pocket than your risk appetite can tolerate. It also means that you can keep your emotions out of trading. Especially when you’re new to the market, it’s easy to ride the hype and let emotions cloud your judgement. This almost always leads to delays triggering a sale, higher losses, or even liquidation.

We hope you like the improvements to the stop loss order on Digitex. If you have more requests for UX/UI upgrades and additions, please share them on any of our socials or contact our support, and we’ll review them with the internal team.

What Else Is New at Digitex?

If you’ve been trading on our platform, you’ve probably already noticed that the spreads have gotten a lot tighter, even during really volatile markets as the price of BTC and ETH have plummeted this week. This (the tight spreads, not the price tanks!) is thanks to our new Liquidity Mining program. We’re really pleased to see that its purpose is taking full effect because it means that your orders are more likely to get filled. Traded volumes on the exchange are much higher this week due to this — $128 million 24-hour traded volume on the BTC futures market, and $31 million on ETH futures market.

Another really great piece of news is that the number of active traders on the exchange has doubled this week alone–and continues to rise daily. Since this is only week one of releasing the first of many upgrades to come on Digitex, we’re taking this as a good sign of what’s to come and happy to be back on track.

Last but not least, we understand that a lot of you have questions about the internal team and workings of Digitex. We made some very important organizational and workflow changes at the start of this year that have allowed us to kick things off again at a much faster, smoother, and more efficient pace–and with a far higher standard of quality. 

This is our primary goal for the rest of the year ahead. As we approach the second quarter of 2021 already, we plan to bring you many more pleasant surprises and upgrades, so be sure to stay tuned.

March 25, 2021
Trading

Check Out the Improved Stop Loss Order + Other Updates at Digitex

Digitex
Digitex

Hey, Digitex community! It’s been a busy week so far and we’re continuing to listen to your feedback and make additional improvements to the exchange. Today, we’re pleased to let you know that we have upgraded our stop loss order. As some of you have been requesting this for a while now, we think you’re going to love it. Read on to find out what’s changed and for other updates at Digitex this week as well. 

As any seasoned trader knows, stop loss orders are essential for trading to minimize your losses and effectively manage your risk. With that in mind, we’ve made the Digitex stop loss order much more effective and easy to use in three simple steps:

  1. Press the Buy or Sell select button
  2. Type in the trigger price that will trigger the stop (always keep in mind that this number is based on the spot price, not the futures price)
  3. Type in the quantity
  4. Press the button “Set buy stop” or “Set sell stop”

Check Out the Improved Stop Loss Order + Other Updates at Digitex 14

What Is a Stop Loss Order and What Is it For?

For those of you who are new to trading, fear not, there are no stupid questions. A stop loss order is an order that you place to buy or sell automatically once the asset in question reaches a certain price. Effectively, this means that you can take a break from trading with the peace of mind that, in the event of high volatility or the market going against you, you are protected from suffering major losses. 

So, say, for example, that you decide you don’t want to hold your long position if Bitcoin (BTC) falls by more than $100. You simply set your stop loss order at $100 below the price you bought at. If BTC falls to this price, you will automatically sell, and curtail your losses rather than potentially suffering far greater losses.

Since it costs nothing to set up your stop loss, it allows you to trade more efficiently knowing that you’ll never be further out of pocket than your risk appetite can tolerate. It also means that you can keep your emotions out of trading. Especially when you’re new to the market, it’s easy to ride the hype and let emotions cloud your judgement. This almost always leads to delays triggering a sale, higher losses, or even liquidation.

We hope you like the improvements to the stop loss order on Digitex. If you have more requests for UX/UI upgrades and additions, please share them on any of our socials or contact our support, and we’ll review them with the internal team.

What Else Is New at Digitex?

If you’ve been trading on our platform, you’ve probably already noticed that the spreads have gotten a lot tighter, even during really volatile markets as the price of BTC and ETH have plummeted this week. This (the tight spreads, not the price tanks!) is thanks to our new Liquidity Mining program. We’re really pleased to see that its purpose is taking full effect because it means that your orders are more likely to get filled. Traded volumes on the exchange are much higher this week due to this — $128 million 24-hour traded volume on the BTC futures market, and $31 million on ETH futures market.

Another really great piece of news is that the number of active traders on the exchange has doubled this week alone–and continues to rise daily. Since this is only week one of releasing the first of many upgrades to come on Digitex, we’re taking this as a good sign of what’s to come and happy to be back on track.

Last but not least, we understand that a lot of you have questions about the internal team and workings of Digitex. We made some very important organizational and workflow changes at the start of this year that have allowed us to kick things off again at a much faster, smoother, and more efficient pace–and with a far higher standard of quality. 

This is our primary goal for the rest of the year ahead. As we approach the second quarter of 2021 already, we plan to bring you many more pleasant surprises and upgrades, so be sure to stay tuned.

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