digitex

Check Out What These 1420 Traders Are Saying About Digitex

Digitex
• Digitex
May 10, 2021

Last week, we asked you to complete a survey for us in exchange for $20 worth of DGTX. To make sure that only genuine users with valuable feedback took part, the offer applied only to existing Digitex account holders with active trading accounts. If users didn’t have any trading volume, they were unable to receive the DGTX reward. We’re pleased to say, we got some awesome results from the 1420 traders who took part. Check out some of the highlights:

  1. Digitex scored an average of 4.27 out of 5 for overall trading experience
  2. Digitex scored an average of 4.45 out of 5 for customer service
  3. Digitex scored an average of 4.3 for overall platform’s performance 

What We’re Doing Well

A massive thank you to everyone who took part. We really appreciate all your feedback and are thrilled with the results. Rating so highly for overall trading and platform experience as well as for our stellar customer support shows that our hard work is paying off. We couldn’t be happier to hear how much you love using the platform. 

It’s also great to know that a massive 94.5% of you would recommend Digitex to a friend. Here are some of the positive sentiments we received in the survey:

“Customer Service is already the best. Nothing to ask for more.”

“Keep doing what you are doing! Been with Digitex since ICO. Some bumps on the road, but the direction is good! Bravo!”

“If Digitex sticks with and is able to pull off the current roadmap that’s been discussed in the recent blogs, I think this exchange can definitely grow into something big.”

“I trade on Binance but I’m a Digitex fan.”

You also rated our Liquidity Mining program with an average of 4.1, which is also really encouraging as its one of our newest features. 

Where We Can Improve

We asked for your honest feedback and we know there is room for improvement as we expand and grow our business. Starting with Liquidity Mining, some of you suggested that we should reduce the gap between buy and sell, improve the UI, attract more participants, and increase the trading volume. These suggestions have been noted and we have started working on them already.

The most common answers as to where we could improve the platform, however, were not about Liquidity Mining. We saw “adding more coin pairs” coming a lot of times, stopping minting DGTX, and incorporating a solution for DGTX price stabilization. You also said that you would like us to re-open our Telegram group, that you would like to see the platform available in more languages, and that you would like a solution for mobile devices. The platform, some of you said, can also experience slow loading times. 

We’re taking all of your feedback on board. As we told you in our Q&A blog post last week, we are working on solutions for most of these suggestions already. More coin pairs will be coming soon, a solution for DGTX volatility, a mobile app for trading on the go, and more utilities for DGTX that we will be announcing shortly. 

When it comes to more languages, we are soon releasing a Russian blog and website, and we already have active Russian social channels. Once we have finalized localizing in Russian we will start to introduce more languages.

Other Important Information 

The most common other exchanges that Digitex traders use are Binance, BitMEX, Huobi, Kucoin, Bittrex, OKEx, Coinbase, WazirX, Binomo, Yobit, Kuna, FTX, Poloniex, Mercatox, Pancakeswap, Whitebit, Kraken, Luno, and Uniswap. Most of you are manual traders. Out of the 1420 responses, there were 1022 manual traders, 44 bot traders, and 117 of you who do both.

When it came to how frequently you trade, the majority of you (43.2%) are fairly infrequent traders, trading once a week or less. 27.2% of you say that you trade a few times a week, 14.6% of you trade daily, but less than three hours, while 14.8% of you are trading junkies, trading more than three hours every single day.

When it comes to your preferred activity on the Digitex exchange, our spot markets are proving to be really popular, with 78.9% of you using them most often. 30.6% of you trade our futures markets, and 46.1% like to earn DGTX through pool rewards or farming on Uniswap.

Wrapping It Up

The survey results are certainly very positive. They also reveal that the majority of the Digitex community are not futures traders but prefer trading spot or earning a passive income on their crypto. With this in mind, we know that you’ll be super excited about the latest feature coming to the Digitex platform. Stay tuned to the blog this week, you’re going to love it!

We also want to convert more of you to futures trading. There’s so much opportunity to make money here as you can win whether the market goes up or down. With that in mind, we realize that we need to improve on our educational content. So, you can expect to see more step-by-step guides and tutorials coming soon. 

As always, if you have any questions or feedback, hit us up on our socials or contact our customer support. We’re always happy to help.

May 10, 2021
Digitex

Check Out What These 1420 Traders Are Saying About Digitex

Digitex
digitex

Last week, we asked you to complete a survey for us in exchange for $20 worth of DGTX. To make sure that only genuine users with valuable feedback took part, the offer applied only to existing Digitex account holders with active trading accounts. If users didn’t have any trading volume, they were unable to receive the DGTX reward. We’re pleased to say, we got some awesome results from the 1420 traders who took part. Check out some of the highlights:

  1. Digitex scored an average of 4.27 out of 5 for overall trading experience
  2. Digitex scored an average of 4.45 out of 5 for customer service
  3. Digitex scored an average of 4.3 for overall platform’s performance 

What We’re Doing Well

A massive thank you to everyone who took part. We really appreciate all your feedback and are thrilled with the results. Rating so highly for overall trading and platform experience as well as for our stellar customer support shows that our hard work is paying off. We couldn’t be happier to hear how much you love using the platform. 

It’s also great to know that a massive 94.5% of you would recommend Digitex to a friend. Here are some of the positive sentiments we received in the survey:

“Customer Service is already the best. Nothing to ask for more.”

“Keep doing what you are doing! Been with Digitex since ICO. Some bumps on the road, but the direction is good! Bravo!”

“If Digitex sticks with and is able to pull off the current roadmap that’s been discussed in the recent blogs, I think this exchange can definitely grow into something big.”

“I trade on Binance but I’m a Digitex fan.”

You also rated our Liquidity Mining program with an average of 4.1, which is also really encouraging as its one of our newest features. 

Where We Can Improve

We asked for your honest feedback and we know there is room for improvement as we expand and grow our business. Starting with Liquidity Mining, some of you suggested that we should reduce the gap between buy and sell, improve the UI, attract more participants, and increase the trading volume. These suggestions have been noted and we have started working on them already.

The most common answers as to where we could improve the platform, however, were not about Liquidity Mining. We saw “adding more coin pairs” coming a lot of times, stopping minting DGTX, and incorporating a solution for DGTX price stabilization. You also said that you would like us to re-open our Telegram group, that you would like to see the platform available in more languages, and that you would like a solution for mobile devices. The platform, some of you said, can also experience slow loading times. 

We’re taking all of your feedback on board. As we told you in our Q&A blog post last week, we are working on solutions for most of these suggestions already. More coin pairs will be coming soon, a solution for DGTX volatility, a mobile app for trading on the go, and more utilities for DGTX that we will be announcing shortly. 

When it comes to more languages, we are soon releasing a Russian blog and website, and we already have active Russian social channels. Once we have finalized localizing in Russian we will start to introduce more languages.

Other Important Information 

The most common other exchanges that Digitex traders use are Binance, BitMEX, Huobi, Kucoin, Bittrex, OKEx, Coinbase, WazirX, Binomo, Yobit, Kuna, FTX, Poloniex, Mercatox, Pancakeswap, Whitebit, Kraken, Luno, and Uniswap. Most of you are manual traders. Out of the 1420 responses, there were 1022 manual traders, 44 bot traders, and 117 of you who do both.

When it came to how frequently you trade, the majority of you (43.2%) are fairly infrequent traders, trading once a week or less. 27.2% of you say that you trade a few times a week, 14.6% of you trade daily, but less than three hours, while 14.8% of you are trading junkies, trading more than three hours every single day.

When it comes to your preferred activity on the Digitex exchange, our spot markets are proving to be really popular, with 78.9% of you using them most often. 30.6% of you trade our futures markets, and 46.1% like to earn DGTX through pool rewards or farming on Uniswap.

Wrapping It Up

The survey results are certainly very positive. They also reveal that the majority of the Digitex community are not futures traders but prefer trading spot or earning a passive income on their crypto. With this in mind, we know that you’ll be super excited about the latest feature coming to the Digitex platform. Stay tuned to the blog this week, you’re going to love it!

We also want to convert more of you to futures trading. There’s so much opportunity to make money here as you can win whether the market goes up or down. With that in mind, we realize that we need to improve on our educational content. So, you can expect to see more step-by-step guides and tutorials coming soon. 

As always, if you have any questions or feedback, hit us up on our socials or contact our customer support. We’re always happy to help.

Latest News

The Top 5 Mistakes of Beginner Crypto Traders 1

The Top 5 Mistakes of Beginner Crypto Traders

Trading
• Digitex
April 14, 2021

With an over $2 trillion size, the current cryptocurrency bull market provides great opportunities for many investors and traders.

However, as with other asset classes, crypto is not a get-rich-quick scheme in which you put your money to see over 1,000% returns a day after (it can happen, but it’s highly unlikely).

Instead, you have to research assets to pick the right ones, gather knowledge about the market, as well as create and implement a viable crypto trading strategy to succeed.

That said, many newbies have failed to achieve the above, causing them severe losses after pouring money into digital assets.

For that reason, we have collected the top 5 mistakes of beginner crypto traders and some tips to avoid them in this article.

1. Trading Without the Necessary Knowledge

It’s tempting to jump right into day trading crypto without having the necessary trading or market knowledge.

While you may achieve good returns at first, it’s the result of pure luck in most cases. Even worse, when your luck goes away, you will likely face serious losses.

For you to succeed in day trading crypto, you need at least a basic knowledge of cryptocurrencies, market mechanisms, as well as trading assets in general.

If you have acquired that, you will know how to use fundamental analysis, technical analysis, or the combination of the two to spot crypto trading signals and pick the right ones to make decent returns on your trades.

Fortunately, the digital asset industry has tons of guides, tutorials, and even full-fledged courses that you can use to learn crypto trading.

The Digitex Blog is an excellent starting point to read beginner-friendly articles on crypto trading; we highly recommend checking it out!

2. Lack of Crypto Trading Strategies

Even those who have extensive market knowledge often fail to develop their crypto trading strategies before jumping into a trade.

The lack of a decent plan will lead to impulsive trading, which can be best compared to visiting the supermarket hungry without a grocery shopping list and buying all the food you find there.

While both cases lead to spending significantly more money than you would have planned, impulsive decisions in trading can cause severe financial losses.

For that reason, you need a good crypto trading strategy, which includes strict rules to enter and exit trades, tactics to manage your risks, as well as the tools and indicators to research assets and find decent opportunities to trade.

3. Panic Selling

When you are trading cryptocurrencies – or basically any other asset class –, it’s hard to keep your emotions in control.

Greed, fear, hope, and excitement are some of those emotions that prevent traders from making the right decisions.

If you can’t control your emotions, you will likely face the issue of panic selling, in which traders or investors sell a cryptocurrency as soon as it experiences significant losses.

While it makes sense to cut your losses sometimes, you should remember that you will only lose money on a long trade after selling the asset.

If your crypto trading strategy is a great one, you will know when to enter and exit trades, and you won’t experience the panic that would make you sell your digital asset holdings when prices hit bottom.

4. Revenge Trading

One of the most common mistakes of beginner crypto traders is revenge trading, in which one loses funds in a trade and enters into a new, riskier position in an attempt to recover his losses.

In such a case, the trader takes too much risks while his decision is driven by frustration and fear. For these reasons, it’s very likely to lead to further, more significant losses.

Being disciplined, keeping your emotions in control, and leveraging a decent crypto trading strategy is an excellent way to overcome revenge trading.

5. Paying High Exchange Fees

A common misconception among beginner crypto traders is that you have a 50-50% chance to win or lose a trade.

However, in practice, it’s (almost) never true.

Since crypto exchanges impose fees on your trades right after entering a position, you will start trading crypto with a loss.

And things will get worse when you margin trade crypto – a 0.10% fee becomes 10% in case of a 100x leverage – or pick a service provider that features higher costs than average.

The lower the fees, the higher your chances for winning trades; you should remember that.

At Digitex, our top priority is to offer the best crypto trading experience to our traders. For that reason, we have completely eliminated fees, allowing all our users to have access to free crypto trading.

As a result, you can limit their risks and maximize your chances for winning trades while keeping 100% of the profit you make on the platform.

Start trading crypto on Digitex now!

April 14, 2021
Trading

The Top 5 Mistakes of Beginner Crypto Traders

Digitex
The Top 5 Mistakes of Beginner Crypto Traders 2

With an over $2 trillion size, the current cryptocurrency bull market provides great opportunities for many investors and traders.

However, as with other asset classes, crypto is not a get-rich-quick scheme in which you put your money to see over 1,000% returns a day after (it can happen, but it’s highly unlikely).

Instead, you have to research assets to pick the right ones, gather knowledge about the market, as well as create and implement a viable crypto trading strategy to succeed.

That said, many newbies have failed to achieve the above, causing them severe losses after pouring money into digital assets.

For that reason, we have collected the top 5 mistakes of beginner crypto traders and some tips to avoid them in this article.

1. Trading Without the Necessary Knowledge

It’s tempting to jump right into day trading crypto without having the necessary trading or market knowledge.

While you may achieve good returns at first, it’s the result of pure luck in most cases. Even worse, when your luck goes away, you will likely face serious losses.

For you to succeed in day trading crypto, you need at least a basic knowledge of cryptocurrencies, market mechanisms, as well as trading assets in general.

If you have acquired that, you will know how to use fundamental analysis, technical analysis, or the combination of the two to spot crypto trading signals and pick the right ones to make decent returns on your trades.

Fortunately, the digital asset industry has tons of guides, tutorials, and even full-fledged courses that you can use to learn crypto trading.

The Digitex Blog is an excellent starting point to read beginner-friendly articles on crypto trading; we highly recommend checking it out!

2. Lack of Crypto Trading Strategies

Even those who have extensive market knowledge often fail to develop their crypto trading strategies before jumping into a trade.

The lack of a decent plan will lead to impulsive trading, which can be best compared to visiting the supermarket hungry without a grocery shopping list and buying all the food you find there.

While both cases lead to spending significantly more money than you would have planned, impulsive decisions in trading can cause severe financial losses.

For that reason, you need a good crypto trading strategy, which includes strict rules to enter and exit trades, tactics to manage your risks, as well as the tools and indicators to research assets and find decent opportunities to trade.

3. Panic Selling

When you are trading cryptocurrencies – or basically any other asset class –, it’s hard to keep your emotions in control.

Greed, fear, hope, and excitement are some of those emotions that prevent traders from making the right decisions.

If you can’t control your emotions, you will likely face the issue of panic selling, in which traders or investors sell a cryptocurrency as soon as it experiences significant losses.

While it makes sense to cut your losses sometimes, you should remember that you will only lose money on a long trade after selling the asset.

If your crypto trading strategy is a great one, you will know when to enter and exit trades, and you won’t experience the panic that would make you sell your digital asset holdings when prices hit bottom.

4. Revenge Trading

One of the most common mistakes of beginner crypto traders is revenge trading, in which one loses funds in a trade and enters into a new, riskier position in an attempt to recover his losses.

In such a case, the trader takes too much risks while his decision is driven by frustration and fear. For these reasons, it’s very likely to lead to further, more significant losses.

Being disciplined, keeping your emotions in control, and leveraging a decent crypto trading strategy is an excellent way to overcome revenge trading.

5. Paying High Exchange Fees

A common misconception among beginner crypto traders is that you have a 50-50% chance to win or lose a trade.

However, in practice, it’s (almost) never true.

Since crypto exchanges impose fees on your trades right after entering a position, you will start trading crypto with a loss.

And things will get worse when you margin trade crypto – a 0.10% fee becomes 10% in case of a 100x leverage – or pick a service provider that features higher costs than average.

The lower the fees, the higher your chances for winning trades; you should remember that.

At Digitex, our top priority is to offer the best crypto trading experience to our traders. For that reason, we have completely eliminated fees, allowing all our users to have access to free crypto trading.

As a result, you can limit their risks and maximize your chances for winning trades while keeping 100% of the profit you make on the platform.

Start trading crypto on Digitex now!

Latest News

The Best 3 Crypto Trading Strategies for Beginners 3

The Best 3 Crypto Trading Strategies for Beginners

Cryptocurrency
Digitex Futures
Trading
• Digitex
April 8, 2021

Whether you are holding for the long term or day trading crypto, you need a viable strategy to profit from the current bull market’s price moves.

That said, your crypto trading strategies shouldn’t be overly complex to avoid grave mistakes like misinterpreting signals.

For that reason, we have collected the best three crypto trading strategies both beginners and advanced traders can use to gain exposure to the rapidly-growing digital asset market.

Let’s see them!

1. Momentum Trading

Momentum trading is one of the most beginner-friendly crypto trading strategies out there.

In the financial industry, momentum refers to the speed at which an asset’s value is changing in either direction.

Instead of buying the dip and selling high, momentum traders ride the wave, entering a trade when a cryptocurrency’s price has already grown considerably while exiting their positions at a trend’s peak.

Using both fundamental and technical analysis tools, momentum traders screen the market to find assets that have recently entered into a strong trend. Once they spot one, they open long positions, which they only exit after a trend reversal occurs.

Even after a trend reversal, momentum traders may decide to enter the market again to short the asset if the downtrend is strong enough.

While it may sound counterproductive at first, this type of cryptocurrency trading strategy makes great sense in the digital asset space, where momentum occurs quite often.

For example, in the current bull market, a sudden increase in the demand for an asset, positive news for a project, or even just fear of missing out (FOMO) kicking in can all create strong, rapidly accelerating uptrends.

Momentum traders can take advantage of all the above while leveraging key indicators like market volatility, the Bitcoin trading volume, and timeframe analysis to gather crypto trading signals.

On the other hand, as with all crypto trading strategies, momentum trading also involves some risks. For that reason, effective risk management is crucial to achieving success with this strategy.

2. Swing Trading

Swing trading is also an excellent beginner-friendly crypto trading strategy.

Unlike long-term holding or day trading crypto, this strategy aims to make short- to medium-term profits on digital assets’ price movements.

With trades lasting from a couple of days to multiple months, swing traders use a combination of fundamental and technical analysis to spot crypto trading signals.

While increasing the time on the market allows traders to maximize their short-term profit potential, swing trading doesn’t involve as much effort as day trading. Instead of checking charts every day, swing traders enter and exit positions once every few days or weeks.

On the other hand, swing traders have to regularly monitor the market for potential reversals to minimize their risks and increase their profits.

3. Scalping

Scalping is a straightforward, high-frequency crypto day trading strategy in which traders aim to make quick profits on digital assets’ minor price changes.

Since they only focus on extremely short-term price movements, scalpers don’t take an asset’s fundamentals into account. Instead, they rely exclusively on technical analysis to enter many quick trades.

Since the profits are small for each trade, those using this crypto trading strategy usually enter and exit hundreds of positions in a day.

Scalping is based on the following three trading principles:

  • Less exposure to the market limits traders’ risks as the probability is much lower for getting impacted by an adverse event than for longer-term strategies.
  • It’s easier for an asset to make smaller moves than larger ones (e.g., a $10 change in the BTC price is more likely than a $1,000).
  • Smaller moves are much more frequent than bigger ones, even when the market is relatively quiet.

In addition to the above, scalpers must be disciplined while using strict entry and exit strategies to limit their risks since a large loss is enough to take away most of their profits.

It’s also essential for traders utilizing this crypto trading strategy to pick an exchange with cost-efficient fees as high spreads can easily turn their gains into losses.

For that reason, the Digitex exchange is the perfect choice for scalpers and other high-frequency traders as they can enjoy a free crypto trading experience to maximize their profits.

 

April 8, 2021
Cryptocurrency
Digitex Futures
Trading

The Best 3 Crypto Trading Strategies for Beginners

Digitex
The Best 3 Crypto Trading Strategies for Beginners 4

Whether you are holding for the long term or day trading crypto, you need a viable strategy to profit from the current bull market’s price moves.

That said, your crypto trading strategies shouldn’t be overly complex to avoid grave mistakes like misinterpreting signals.

For that reason, we have collected the best three crypto trading strategies both beginners and advanced traders can use to gain exposure to the rapidly-growing digital asset market.

Let’s see them!

1. Momentum Trading

Momentum trading is one of the most beginner-friendly crypto trading strategies out there.

In the financial industry, momentum refers to the speed at which an asset’s value is changing in either direction.

Instead of buying the dip and selling high, momentum traders ride the wave, entering a trade when a cryptocurrency’s price has already grown considerably while exiting their positions at a trend’s peak.

Using both fundamental and technical analysis tools, momentum traders screen the market to find assets that have recently entered into a strong trend. Once they spot one, they open long positions, which they only exit after a trend reversal occurs.

Even after a trend reversal, momentum traders may decide to enter the market again to short the asset if the downtrend is strong enough.

While it may sound counterproductive at first, this type of cryptocurrency trading strategy makes great sense in the digital asset space, where momentum occurs quite often.

For example, in the current bull market, a sudden increase in the demand for an asset, positive news for a project, or even just fear of missing out (FOMO) kicking in can all create strong, rapidly accelerating uptrends.

Momentum traders can take advantage of all the above while leveraging key indicators like market volatility, the Bitcoin trading volume, and timeframe analysis to gather crypto trading signals.

On the other hand, as with all crypto trading strategies, momentum trading also involves some risks. For that reason, effective risk management is crucial to achieving success with this strategy.

2. Swing Trading

Swing trading is also an excellent beginner-friendly crypto trading strategy.

Unlike long-term holding or day trading crypto, this strategy aims to make short- to medium-term profits on digital assets’ price movements.

With trades lasting from a couple of days to multiple months, swing traders use a combination of fundamental and technical analysis to spot crypto trading signals.

While increasing the time on the market allows traders to maximize their short-term profit potential, swing trading doesn’t involve as much effort as day trading. Instead of checking charts every day, swing traders enter and exit positions once every few days or weeks.

On the other hand, swing traders have to regularly monitor the market for potential reversals to minimize their risks and increase their profits.

3. Scalping

Scalping is a straightforward, high-frequency crypto day trading strategy in which traders aim to make quick profits on digital assets’ minor price changes.

Since they only focus on extremely short-term price movements, scalpers don’t take an asset’s fundamentals into account. Instead, they rely exclusively on technical analysis to enter many quick trades.

Since the profits are small for each trade, those using this crypto trading strategy usually enter and exit hundreds of positions in a day.

Scalping is based on the following three trading principles:

  • Less exposure to the market limits traders’ risks as the probability is much lower for getting impacted by an adverse event than for longer-term strategies.
  • It’s easier for an asset to make smaller moves than larger ones (e.g., a $10 change in the BTC price is more likely than a $1,000).
  • Smaller moves are much more frequent than bigger ones, even when the market is relatively quiet.

In addition to the above, scalpers must be disciplined while using strict entry and exit strategies to limit their risks since a large loss is enough to take away most of their profits.

It’s also essential for traders utilizing this crypto trading strategy to pick an exchange with cost-efficient fees as high spreads can easily turn their gains into losses.

For that reason, the Digitex exchange is the perfect choice for scalpers and other high-frequency traders as they can enjoy a free crypto trading experience to maximize their profits.

 

Latest News

Enjoy Commission Free Crypto Trading With Digitex Futures 5

Enjoy Commission Free Crypto Trading With Digitex Futures

Digitex Futures
Trading
• Digitex
April 6, 2021

Digitex Futures is proudly the world’s first commission-free cryptocurrency futures trading platform. Thanks to its one-of-a-kind feature in the blockchain industry, market participants can pursue high-frequency trading strategies that were impossible to perform before. By disrupting the status quo, anyone can now become a consistently profitable trader. 

Creating the Path to Profitability

After spending most of his professional career on the floor of the London International Financial Futures & Options Exchange (LIFFE), Digitex Futures’ CEO Adam Todd had the vision to create a trading platform that completely eliminates all fees. The idea was to provide the nascent cryptocurrency industry with an enterprise-grade futures exchange that would enable any trader in the world to participate in the blockchain revolution. 

Todd understood that newcomers would not only be discouraged by the lack of sufficient liquidity in the cryptocurrency market and the complexity around handling these digital assets but also by the high fees that can completely remove a trader’s edge. As a result, the British entrepreneur decided to level the playing field for the average futures trader by creating a state-of-the-art, user-friendly, and zero-fee crypto futures exchange

The current core strategy that most of the renowned cryptocurrency futures exchanges in the market use to generate profits was created around the idea that a “middleman” is entitled to a fee or commission to provide its services. For instance, an average taker fee is roughly 0.075%, so traders using 100x leverage have to pay a massive 7.50% commission of their margin on every single trade. 

As the world transitions from centralized finance (CeFI) into decentralized finance (DeFi), such an unjust business model that comes at the expense of traders is now obsolete. 

Digitex Futures operates on a winning formula where all commissions and fees are eliminated, making it easy for traders to make money using high-frequency trading strategies. For the first time ever, cryptocurrency enthusiasts can engage in highly active and short-term trades without being penalized by volume-based commissions that make it impossible to make a profit. Anyone can now take single-tick profits and losses without any edge working against them. 

Instead of taking advantage of active traders, Digitex Futures actually rewards them by removing all maker and taker fees and implementing automated market makers’ software. This breakthrough innovation fundamentally changes the blockchain industry’s dynamics, and sooner rather than later other exchanges will have no choice but to follow suit. 

While others try to catch up with Digitex Futures’ zero-fee business model, market participants are welcome to grind out consistent small profits that do not get eaten up by fees using a rapid-fire trading ladder.

Those who have not signed up yet to Digitex Futures can do so easily by clicking the link here. It is time to start making money on cryptocurrency futures whether the market goes up or down. Sign up and take advantage of the world’s first commission-free cryptocurrency futures trading platform.

April 6, 2021
Digitex Futures
Trading

Enjoy Commission Free Crypto Trading With Digitex Futures

Digitex
Enjoy Commission Free Crypto Trading With Digitex Futures 6

Digitex Futures is proudly the world’s first commission-free cryptocurrency futures trading platform. Thanks to its one-of-a-kind feature in the blockchain industry, market participants can pursue high-frequency trading strategies that were impossible to perform before. By disrupting the status quo, anyone can now become a consistently profitable trader. 

Creating the Path to Profitability

After spending most of his professional career on the floor of the London International Financial Futures & Options Exchange (LIFFE), Digitex Futures’ CEO Adam Todd had the vision to create a trading platform that completely eliminates all fees. The idea was to provide the nascent cryptocurrency industry with an enterprise-grade futures exchange that would enable any trader in the world to participate in the blockchain revolution. 

Todd understood that newcomers would not only be discouraged by the lack of sufficient liquidity in the cryptocurrency market and the complexity around handling these digital assets but also by the high fees that can completely remove a trader’s edge. As a result, the British entrepreneur decided to level the playing field for the average futures trader by creating a state-of-the-art, user-friendly, and zero-fee crypto futures exchange

The current core strategy that most of the renowned cryptocurrency futures exchanges in the market use to generate profits was created around the idea that a “middleman” is entitled to a fee or commission to provide its services. For instance, an average taker fee is roughly 0.075%, so traders using 100x leverage have to pay a massive 7.50% commission of their margin on every single trade. 

As the world transitions from centralized finance (CeFI) into decentralized finance (DeFi), such an unjust business model that comes at the expense of traders is now obsolete. 

Digitex Futures operates on a winning formula where all commissions and fees are eliminated, making it easy for traders to make money using high-frequency trading strategies. For the first time ever, cryptocurrency enthusiasts can engage in highly active and short-term trades without being penalized by volume-based commissions that make it impossible to make a profit. Anyone can now take single-tick profits and losses without any edge working against them. 

Instead of taking advantage of active traders, Digitex Futures actually rewards them by removing all maker and taker fees and implementing automated market makers’ software. This breakthrough innovation fundamentally changes the blockchain industry’s dynamics, and sooner rather than later other exchanges will have no choice but to follow suit. 

While others try to catch up with Digitex Futures’ zero-fee business model, market participants are welcome to grind out consistent small profits that do not get eaten up by fees using a rapid-fire trading ladder.

Those who have not signed up yet to Digitex Futures can do so easily by clicking the link here. It is time to start making money on cryptocurrency futures whether the market goes up or down. Sign up and take advantage of the world’s first commission-free cryptocurrency futures trading platform.

Latest News

scalping profit

How to Profit from Scalping: A Winning Futures Trading Strategy

Digitex Futures
Trading
• Adam Todd
April 2, 2021

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

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

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

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

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

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

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

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

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

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

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

How Fees Ravage Profits

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

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

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

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

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

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

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

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

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

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

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

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

How Digitex Enables Profitable Scalp Trading

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

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

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

Living a Traders Dream

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

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

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

April 2, 2021
Digitex Futures
Trading

How to Profit from Scalping: A Winning Futures Trading Strategy

Adam Todd
scalping profit

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

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

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

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

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

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

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

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

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

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

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

How Fees Ravage Profits

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

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

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

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

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

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

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

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

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

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

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

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

How Digitex Enables Profitable Scalp Trading

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

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

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

Living a Traders Dream

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

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

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

Latest News

Commission-Free

Why Pay Fees When You Can Trade Commission-Free?

Digitex Futures
Trading
• admin
April 14, 2020

Digitex is in the process of building the world’s first commission-free futures exchange. For the first time in the history of the financial markets, traders won’t be penalized for doing exactly what the exchange needs to survive – trading. So, as Digitex Futures prepares its platform for launch, could it be on the verge of redefining the way financial exchanges operate forever? Luke Green explains… 

Why Commissions?

Commissions have likely been a part of trading since the first recorded buying and selling of shares occurred in Rome in the 2nd century BC. However, we do know from the Buttonwood Agreement that commissions were an accepted part of trading as far back as 1792.

In this document, the founding fathers of Wall Street agreed to set their commissions at a very reasonable 0.25%. So as a concept, commissions in trading are about as mainstream as wheels on cars.

But why charge commissions? Simply put it’s because there are costs and owners who want to profit. Exchanges are in essence, marketplaces.

So, whether it’s the rental fee for setting out your cake stall or the hosting costs for your exchange interface, marketplaces all have one thing in common. There are overheads that need to be paid.

Of course, there are many ways to recoup these costs. It could be membership fees, listing fees, or software licensing fees, to name a few. However, commissions are favored for their market efficiency.

They allow marketplace owners to recoup costs at the point of exchange but they remove the ‘perceived’ upfront cost for the vendor using the marketplace. On the surface, this seems like a win/win arrangement but the commission model comes with inherent problems. 

For example, if one marketplace becomes the dominant player, it will tend to work against its vendors to maximize profits. Rebalancing can only happen if another marketplace starts to become competitive. 

Specifically, for futures trading, paying a per-trade commission means every trade must meet a minimum profitability threshold since you have to pay the house first. Only once the trade has paid for itself does it become profitable.

So for a short-term trader who’s dependent on fast and frequent transactions, commissions eat into your profits and add to your losses.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Technology Disruption

The New York Stock Exchange (NYSE) was formed in 1792. It dominated the US economy for nearly 200 years until the NASDAQ exchange emerged as a contender in 1971.

NASDAQ took a new technological approach, providing a network of computer terminals to make trading both faster and cheaper. The NYSE only managed to retain its dominance by actually listing on the NASDAQ, merging with another company and going onto adopt modern practices.

This example is just one of many that illustrate how technology has the power to disrupt long-established business models. Of course, with the advent of the internet and smartphones, super-fast trading marketplaces are now literally in your pocket. Yet its seems, despite tireless innovation everywhere else, the old-school concept of commissions remains central to most marketplace services. 

The market’s stubborn grip on the commission model is most likely due to a combination of industry blindness and profiteering. Why innovate when there’s money to be made?

However, with the emergence of ‘trustless’ self-governing systems, blockchain technology has created the tools to revolutionize the entire concept of commission.

How Can It Be Commission ‘Free’?

Of course, nothing is free right? That idea died the moment we found out that the price to pay was our data. Even so, how can Digitex remove something as fundamental as commissions and continue to pay its bills? 

The answer, it turns out, is to shift where the costs of running the exchange are recouped. To create a dedicated currency (DGTX) via which all financial transactions on the exchange take place. In doing so, Digitex has created a mechanism that will efficiently capture the value of the exchange directly into the DGTX token. By initially selling tokens from the Treasury and then eventually through token issuance, Digitex can realize a portion of the DGTX token value, which it will use to run the exchange.

It’s a groundbreaking idea with maximum upside for all invested parties. For traders, it means they will be able to pursue previously unrealistic trading strategies, performing fast and frequent trades and scalping all of the profits for themselves. Not to mention the fact that the uniqueness of commission-free trading, which is just one of the many features offered by Digitex, will create a huge amount of demand. This demand will also serve to offset the inflationary effect of issuing new DGTX tokens.

So, Could This Be The Future?

If the Digitex exchange proves as popular as the previous DGTX price rallies indicate, it will completely reshape the dynamic between the vendor and marketplace. This will have far-reaching consequences for the entire exchange industry.

We live in a world where the old systems and processes are increasingly being exposed for their frailties and weaknesses. Now, Digitex could have a working example of a robust business model that finally realizes the promise of blockchain technology in a practical and user-oriented context.

For the first time, there will be a futures exchange that operates as a self-governing autonomous organization, placing just as much priority on the profitability of its participants as it does the sustainability of its operations. It is almost guaranteed to send reverberations far beyond the cryptocurrency and fintech sphere. 

That is massive.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX

 

April 14, 2020
Digitex Futures
Trading

Why Pay Fees When You Can Trade Commission-Free?

admin
Commission-Free

Digitex is in the process of building the world’s first commission-free futures exchange. For the first time in the history of the financial markets, traders won’t be penalized for doing exactly what the exchange needs to survive – trading. So, as Digitex Futures prepares its platform for launch, could it be on the verge of redefining the way financial exchanges operate forever? Luke Green explains… 

Why Commissions?

Commissions have likely been a part of trading since the first recorded buying and selling of shares occurred in Rome in the 2nd century BC. However, we do know from the Buttonwood Agreement that commissions were an accepted part of trading as far back as 1792.

In this document, the founding fathers of Wall Street agreed to set their commissions at a very reasonable 0.25%. So as a concept, commissions in trading are about as mainstream as wheels on cars.

But why charge commissions? Simply put it’s because there are costs and owners who want to profit. Exchanges are in essence, marketplaces.

So, whether it’s the rental fee for setting out your cake stall or the hosting costs for your exchange interface, marketplaces all have one thing in common. There are overheads that need to be paid.

Of course, there are many ways to recoup these costs. It could be membership fees, listing fees, or software licensing fees, to name a few. However, commissions are favored for their market efficiency.

They allow marketplace owners to recoup costs at the point of exchange but they remove the ‘perceived’ upfront cost for the vendor using the marketplace. On the surface, this seems like a win/win arrangement but the commission model comes with inherent problems. 

For example, if one marketplace becomes the dominant player, it will tend to work against its vendors to maximize profits. Rebalancing can only happen if another marketplace starts to become competitive. 

Specifically, for futures trading, paying a per-trade commission means every trade must meet a minimum profitability threshold since you have to pay the house first. Only once the trade has paid for itself does it become profitable.

So for a short-term trader who’s dependent on fast and frequent transactions, commissions eat into your profits and add to your losses.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Technology Disruption

The New York Stock Exchange (NYSE) was formed in 1792. It dominated the US economy for nearly 200 years until the NASDAQ exchange emerged as a contender in 1971.

NASDAQ took a new technological approach, providing a network of computer terminals to make trading both faster and cheaper. The NYSE only managed to retain its dominance by actually listing on the NASDAQ, merging with another company and going onto adopt modern practices.

This example is just one of many that illustrate how technology has the power to disrupt long-established business models. Of course, with the advent of the internet and smartphones, super-fast trading marketplaces are now literally in your pocket. Yet its seems, despite tireless innovation everywhere else, the old-school concept of commissions remains central to most marketplace services. 

The market’s stubborn grip on the commission model is most likely due to a combination of industry blindness and profiteering. Why innovate when there’s money to be made?

However, with the emergence of ‘trustless’ self-governing systems, blockchain technology has created the tools to revolutionize the entire concept of commission.

How Can It Be Commission ‘Free’?

Of course, nothing is free right? That idea died the moment we found out that the price to pay was our data. Even so, how can Digitex remove something as fundamental as commissions and continue to pay its bills? 

The answer, it turns out, is to shift where the costs of running the exchange are recouped. To create a dedicated currency (DGTX) via which all financial transactions on the exchange take place. In doing so, Digitex has created a mechanism that will efficiently capture the value of the exchange directly into the DGTX token. By initially selling tokens from the Treasury and then eventually through token issuance, Digitex can realize a portion of the DGTX token value, which it will use to run the exchange.

It’s a groundbreaking idea with maximum upside for all invested parties. For traders, it means they will be able to pursue previously unrealistic trading strategies, performing fast and frequent trades and scalping all of the profits for themselves. Not to mention the fact that the uniqueness of commission-free trading, which is just one of the many features offered by Digitex, will create a huge amount of demand. This demand will also serve to offset the inflationary effect of issuing new DGTX tokens.

So, Could This Be The Future?

If the Digitex exchange proves as popular as the previous DGTX price rallies indicate, it will completely reshape the dynamic between the vendor and marketplace. This will have far-reaching consequences for the entire exchange industry.

We live in a world where the old systems and processes are increasingly being exposed for their frailties and weaknesses. Now, Digitex could have a working example of a robust business model that finally realizes the promise of blockchain technology in a practical and user-oriented context.

For the first time, there will be a futures exchange that operates as a self-governing autonomous organization, placing just as much priority on the profitability of its participants as it does the sustainability of its operations. It is almost guaranteed to send reverberations far beyond the cryptocurrency and fintech sphere. 

That is massive.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX

 

Latest News

Trading Strategies

Crypto Trading Strategies: The Ins and Outs of Scalping

Digitex Futures
Trading
• Christina Comben
April 2, 2020

We’ve looked at various different crypto trading strategies in recent articles. Any trader in this volatile space has a plethora of paths to choose when deciding how best to execute. Since all crypto trading strategies are different, we thought we’d take a closer look at Digitex Futures CEO’s favorite ones, including day trading and scalping.

Different Styles of Futures Trading

Traders with a high tolerance to risk will look to pursue strategies that may make other retail traders uncomfortable. These can include buying futures on margin or keeping positions (long or short) open for extended periods of time, sometimes even years.

These types of actions can certainly magnify a trader’s profits. But they can also be extremely risky. A wrong call can see them liquidated with hefty losses.

Advanced futures trading styles often rely on hefty fundamental analysis, whereas shorter-term styles such as day trading and scalping look at technical analysis and charts. Of all the crypto trading strategies out there, Digitex Futures CEO Adam Todd prefers scalping as it gives him less exposure to risk but still a good chance of making a profit when conditions are right.

What Is Scalping?

Scalping is the most labor-intensive and aggressive style of day trading. Scalpers look to take advantage of even the smallest of price fluctuations, sometimes holding a position open for a very short time of just a few minutes or even seconds. The main aim of scalpers is to buy low and sell slightly higher for profits sometimes only the equivalent of a few cents.

The name of the game is focusing on reducing losses rather than, as Adam calls it, “riding the winners.” Scalpers will open and close multiple positions in one day with the aim of racking up lots of profits from many places; rather than act on one large swing trend or pattern. Adam explains that in order to be a successful scalper, your trades should be as short as possible: “I discovered that the longer I held a position, the bigger the risk that my position would turn into a loser,” he said.

It’s vital to be disciplined as a scalper and to leave your emotions out of trading. In fact, according to Adam, it’s better if you don’t know anything about the underlying asset at all.

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

Scalping Trading – The Ins and Outs

Scalping requires full concentration from the trader. We’re talking about continuous monitoring of the screens and profiting from even the smallest of price changes. If you’re reading your emails or checking social media, you’ll likely fail to see success. According to Investopedia, scalping is “A fast-paced activity for nimble traders. It requires precision timing and execution.”

Scalpers focus on time frame interval charts like the one-minute and five-minute candlestick charts and look out for certain momentum indicators. These could be the relative strength index (RSI), the moving average convergence divergence (MACD), or stochastic. Price chart indicators are also commonly used to identify support and resistance levels.

One of the biggest mistakes a scalper can make according to Investopedia (and echoed by Adam’s words) is late exits (holding a position open for too long). This exposes them to more risk and can turn a profitable day into a losing one if they get caught out in the wrong position. Since scalping generates high commission fees from extensive trading, successfully scalping is currently almost impossible in today’s cryptocurrency markets.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Scalping on Digitex Futures

At Digitex Futures, we want to see all types of crypto trading strategies used so that we appeal to a wide net of traders. However, one of the main things we are looking forward to when we come to market is to at last stop punishing our most active traders, the ones who provide liquidity to the market with commission fees.

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

Since we will charge no maker or taker fees on any trade, scalpers will be able to enter and exit as many positions as they like. They’ll be able to make a real living out of aggressive day trading without worrying about how much they have to give back to the house.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX

 

April 2, 2020
Digitex Futures
Trading

Crypto Trading Strategies: The Ins and Outs of Scalping

Christina Comben
Trading Strategies

We’ve looked at various different crypto trading strategies in recent articles. Any trader in this volatile space has a plethora of paths to choose when deciding how best to execute. Since all crypto trading strategies are different, we thought we’d take a closer look at Digitex Futures CEO’s favorite ones, including day trading and scalping.

Different Styles of Futures Trading

Traders with a high tolerance to risk will look to pursue strategies that may make other retail traders uncomfortable. These can include buying futures on margin or keeping positions (long or short) open for extended periods of time, sometimes even years.

These types of actions can certainly magnify a trader’s profits. But they can also be extremely risky. A wrong call can see them liquidated with hefty losses.

Advanced futures trading styles often rely on hefty fundamental analysis, whereas shorter-term styles such as day trading and scalping look at technical analysis and charts. Of all the crypto trading strategies out there, Digitex Futures CEO Adam Todd prefers scalping as it gives him less exposure to risk but still a good chance of making a profit when conditions are right.

What Is Scalping?

Scalping is the most labor-intensive and aggressive style of day trading. Scalpers look to take advantage of even the smallest of price fluctuations, sometimes holding a position open for a very short time of just a few minutes or even seconds. The main aim of scalpers is to buy low and sell slightly higher for profits sometimes only the equivalent of a few cents.

The name of the game is focusing on reducing losses rather than, as Adam calls it, “riding the winners.” Scalpers will open and close multiple positions in one day with the aim of racking up lots of profits from many places; rather than act on one large swing trend or pattern. Adam explains that in order to be a successful scalper, your trades should be as short as possible: “I discovered that the longer I held a position, the bigger the risk that my position would turn into a loser,” he said.

It’s vital to be disciplined as a scalper and to leave your emotions out of trading. In fact, according to Adam, it’s better if you don’t know anything about the underlying asset at all.

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

Scalping Trading – The Ins and Outs

Scalping requires full concentration from the trader. We’re talking about continuous monitoring of the screens and profiting from even the smallest of price changes. If you’re reading your emails or checking social media, you’ll likely fail to see success. According to Investopedia, scalping is “A fast-paced activity for nimble traders. It requires precision timing and execution.”

Scalpers focus on time frame interval charts like the one-minute and five-minute candlestick charts and look out for certain momentum indicators. These could be the relative strength index (RSI), the moving average convergence divergence (MACD), or stochastic. Price chart indicators are also commonly used to identify support and resistance levels.

One of the biggest mistakes a scalper can make according to Investopedia (and echoed by Adam’s words) is late exits (holding a position open for too long). This exposes them to more risk and can turn a profitable day into a losing one if they get caught out in the wrong position. Since scalping generates high commission fees from extensive trading, successfully scalping is currently almost impossible in today’s cryptocurrency markets.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Scalping on Digitex Futures

At Digitex Futures, we want to see all types of crypto trading strategies used so that we appeal to a wide net of traders. However, one of the main things we are looking forward to when we come to market is to at last stop punishing our most active traders, the ones who provide liquidity to the market with commission fees.

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

Since we will charge no maker or taker fees on any trade, scalpers will be able to enter and exit as many positions as they like. They’ll be able to make a real living out of aggressive day trading without worrying about how much they have to give back to the house.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX

 

Latest News

Exchange

Why Digitex Is So Much More Than a Commission-Free Exchange

Digitex Futures
• admin
March 29, 2020

Digitex is the first-ever commission-free futures exchange that will offer traders a seamless, trustless trading experience. With zero fees and a one-click trading interface, our hybrid exchange is already causing a stir. But beyond all the features and zero-fee policy, Digitex is much more than a commission-free exchange.

It’s no surprise that the words “commission-free” are extremely attractive to traders. As we’ve seen from the high demand for DGTX before and our loyal community of followers, traders don’t like losing money to the house. At Digitex, we want to level the playing field and allow all traders, large and small, to make a daily living. Here are some of the things that we stand for and why.

Achieving Financial Freedom

It’s not just about experimenting in the trading world or “going big or going home.” Digitex lowers the barrier for retail traders by allowing them to speculate on BTC futures and other markets with small amounts of funds.

We’re not about one large trader making a fortune at the expense of others. In fact, our automated market makers won’t receive special treatment or even make money. In fact, they’re actually programmed to lose which gives traders and additional incentive and edge in their favor.

And with zero commissions, high-frequency, low-volume traders and short-term scalpers can actually make a living from the accumulation of small profits over time. They can potentially reject the traditional 9-to-5, say goodbye to their day job, and achieve financial freedom.

As Adam Todd, Digitex CEO remarks:

“Digitex isn’t just a commission-free futures exchange. It’s a place where anyone has as good a chance as anyone else to achieve financial freedom through becoming a successful trader.”

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Our Interests Are Aligned with Our Traders

Unlike so many other exchanges that charge hefty commission fees or disguise their “fee-free” model in other hidden charges, Digitex is an exchange whose interests are truly aligned with our traders. How so?

“Because we’re not constantly siphoning money out of the liquidity pool in the form of commissions and other hidden charges. That money stays within the exchange ecosystem where instead it is won by the successful traders,” Adam explains.

“And because of our unique token issuance revenue model that is only made possible by blockchain technology, the financial interests of the exchange are actually aligned with the traders. No other exchange is this aligned with the interests of its traders.

Instead of the exchange constantly trying to fleece its users by charging as much as possible, we want exactly the same as the users do–which is a steadily rising token price because that is how the exchange makes the money to cover its costs.”

Producing Winners No Matter Their Background

Above all, we believe that everyone should have an equal chance of changing their financial future and being in charge of their own wealth. By cutting out the traditional broker and peeling back the layers of complexity that prevent potential traders from getting in the game, everyone has an equal chance at Digitex.

Your background, location and even trading experience are irrelevant here. We will produce winners regardless of where they come from and how much they invest. More great traders equal more winners. And the more there are, the more we win as an exchange as well. Adam says:

“More money to be made will create a much higher percentage of winners than any traditional fee-charging exchange. More traders and more winners will produce that goal. This will allow all kinds of people to achieve financial freedom, wherever they are, regardless of location, social background or access that often only people in the first world have.”

Turning Dreams into Reality

Every journey starts with a single step. When Adam ground it out as a pit trader in London, he grew tired of watching profitable days turn into losing ones after paying out commissions. He dreamed of a world in which traders like himself would no longer have to lose a percentage of their income to the house.

He also didn’t come across any diversity. Leaving the pit and traveling the world allowed Adam to see things from a different perspective. He realized that not everyone had the same rights and privileges as people in the first world. And while on his journey he continued to think about his dream around in his head.

“Having the chance to build my own exchange that completely levels the playing field for people of all walks of life, regardless of social status or education or location in the world, has always been a dream of mine.”

And now that Adam’s dream is becoming a reality, we’ve been blown away by the response to the Digitex concept. We can’t wait to launch the mainnet later this month on April 27 and prove to people that they can be winners, that they can shake themselves from the shackles of their day jobs, and become part of the Digitex trading community.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX
March 29, 2020
Digitex Futures

Why Digitex Is So Much More Than a Commission-Free Exchange

admin
Exchange

Digitex is the first-ever commission-free futures exchange that will offer traders a seamless, trustless trading experience. With zero fees and a one-click trading interface, our hybrid exchange is already causing a stir. But beyond all the features and zero-fee policy, Digitex is much more than a commission-free exchange.

It’s no surprise that the words “commission-free” are extremely attractive to traders. As we’ve seen from the high demand for DGTX before and our loyal community of followers, traders don’t like losing money to the house. At Digitex, we want to level the playing field and allow all traders, large and small, to make a daily living. Here are some of the things that we stand for and why.

Achieving Financial Freedom

It’s not just about experimenting in the trading world or “going big or going home.” Digitex lowers the barrier for retail traders by allowing them to speculate on BTC futures and other markets with small amounts of funds.

We’re not about one large trader making a fortune at the expense of others. In fact, our automated market makers won’t receive special treatment or even make money. In fact, they’re actually programmed to lose which gives traders and additional incentive and edge in their favor.

And with zero commissions, high-frequency, low-volume traders and short-term scalpers can actually make a living from the accumulation of small profits over time. They can potentially reject the traditional 9-to-5, say goodbye to their day job, and achieve financial freedom.

As Adam Todd, Digitex CEO remarks:

“Digitex isn’t just a commission-free futures exchange. It’s a place where anyone has as good a chance as anyone else to achieve financial freedom through becoming a successful trader.”

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW
Our Interests Are Aligned with Our Traders

Unlike so many other exchanges that charge hefty commission fees or disguise their “fee-free” model in other hidden charges, Digitex is an exchange whose interests are truly aligned with our traders. How so?

“Because we’re not constantly siphoning money out of the liquidity pool in the form of commissions and other hidden charges. That money stays within the exchange ecosystem where instead it is won by the successful traders,” Adam explains.

“And because of our unique token issuance revenue model that is only made possible by blockchain technology, the financial interests of the exchange are actually aligned with the traders. No other exchange is this aligned with the interests of its traders.

Instead of the exchange constantly trying to fleece its users by charging as much as possible, we want exactly the same as the users do–which is a steadily rising token price because that is how the exchange makes the money to cover its costs.”

Producing Winners No Matter Their Background

Above all, we believe that everyone should have an equal chance of changing their financial future and being in charge of their own wealth. By cutting out the traditional broker and peeling back the layers of complexity that prevent potential traders from getting in the game, everyone has an equal chance at Digitex.

Your background, location and even trading experience are irrelevant here. We will produce winners regardless of where they come from and how much they invest. More great traders equal more winners. And the more there are, the more we win as an exchange as well. Adam says:

“More money to be made will create a much higher percentage of winners than any traditional fee-charging exchange. More traders and more winners will produce that goal. This will allow all kinds of people to achieve financial freedom, wherever they are, regardless of location, social background or access that often only people in the first world have.”

Turning Dreams into Reality

Every journey starts with a single step. When Adam ground it out as a pit trader in London, he grew tired of watching profitable days turn into losing ones after paying out commissions. He dreamed of a world in which traders like himself would no longer have to lose a percentage of their income to the house.

He also didn’t come across any diversity. Leaving the pit and traveling the world allowed Adam to see things from a different perspective. He realized that not everyone had the same rights and privileges as people in the first world. And while on his journey he continued to think about his dream around in his head.

“Having the chance to build my own exchange that completely levels the playing field for people of all walks of life, regardless of social status or education or location in the world, has always been a dream of mine.”

And now that Adam’s dream is becoming a reality, we’ve been blown away by the response to the Digitex concept. We can’t wait to launch the mainnet later this month on April 27 and prove to people that they can be winners, that they can shake themselves from the shackles of their day jobs, and become part of the Digitex trading community.

Do you want to stock up on DGTX tokens ahead of the mainnet launch? You can head over to the Digitex Treasury for a trustless transaction with zero slippage and completely KYC-free now.

BUY DGTX

Latest News

exchange tokens

Major Exchange Tokens Prove Solid Potential for ROI

Cryptocurrency
Digitex Futures
• Dave Reiter
March 13, 2020

Exchange token holders usually receive certain benefits or “perks” from the exchange. These could be a discount on trading fees, the right to participate in the governance process or as a way to reward market makers who create liquidity in the exchange. Some of the best faring exchange tokens out there right now are BNB, HT, and KCS. So, how does DGTX and its commission-free model stack up? 

A Look at Popular Exchange Tokens

Exchange tokens (ETs) began to emerge around the middle of 2017. Consequently, there is a limited amount of available data to determine the success of these tokens in terms of their ROI. However, let’s review the data that is available in order to determine how well exchange tokens have performed. 

We will analyze four of the more popular exchange tokens in terms of market capitalization, daily volume and the total supply of tokens. These are Binance’s BNB token, KuCoin’s KCS, Huobi’s HT, and our very own DGTX.

For an in-depth analysis of each one of these exchange tokens compared to DGTX individually, be sure to check out our blogs on the links above. In this article, we’re going to take a deep dive into the numbers and see what they tell us about how these four exchange tokens fare.

Analyzing The Four Popular Exchange Tokens’ Data

BNB, KCS, HT, and DGTX Key Stats
Token Market Cap Avg 24 hr Volume Circulating Supply Overall Supply
BNB $4.003.071.152 $516.095.840 155.536.713 187.536.713
KCS $106.269.125 $9.603.367 81.850.451 171.850.451
HT $1.118.634.736 $399.667.465 236.468.066 500.000.000 
DGTX $29.456.612 $1.637.231 802.500.000  1.000.000.000
Source: CoinMarketCap Feb 12, 2020

As you can see from the table above, BNB is easily the most heavily traded exchange token in comparison to KCS, HT and DGTX. The same is also true in terms of market capitalization. Although, Huobi’s HT is certainly progressing fast.

Many traders are confused as it relates to market capitalization. The formula for market cap is actually quite simple. It’s the price of the exchange token multiplied by the circulating supply.  

It’s worth noting that DGTX currently has a fairly low daily volume of over $1.6M. The volume will increase dramatically when the Digitex Futures exchange mainnet launches on 27 April.  

If you want to get involved in the next revolution in crypto derivatives trading, you can buy DGTX by clicking on the button below. You’ll get an instant transaction with zero slippage buying directly from the Digitex Treasury including a 10% bonus airdropped into your account upon the mainnet launch.

BUY DGTX

Without question, exchange tokens have proven to be very popular among traders and investors within the crypto industry. And this popularity has translated into a positive return on investment (ROI) for them. Let’s examine the numbers.

Exchange Tokens Provide Excellent ROI

BNB, KCS, HT, and DGTX Return on Investment
Token ICO Date ICO Price Current Price Rate of Return
BNB 1 July 2017 $0.100 $25.71 25,610%
KCS 13 Aug 2017 $0.224 $1.30 580.11%
HT 24 Jan 2018 $1.52 $4.73 311.2%
DGTX 15 Jan 2018 $0.010 $0.366 350%
Source: CoinMarketCap Feb 12, 2020

As you can see, each exchange token is well above its ICO price. BNB investors have enjoyed an incredible rate of return since its ICO. 

Binance launched its ICO at the perfect time. As you may recall, July 2017 marked the beginning of the huge rally in Bitcoin. BNB benefitted from a wave of speculative fever that engulfed the crypto industry during the summer and fall of 2017.

Perhaps as impressive as BNB has been the performance of DGTX. Why? Because the DGTX ICO occurred during the beginning of the cryptocurrency bear market. The bear market continued for more than a year and a half and still has yet to retest its 2017 highs. 

Despite the poor market conditions, the DGTX token has managed to reward its investors with a spectacular rate of return of 350% at the time of writing. Additionally, Digitex has not even launched its futures trading exchange yet.

Although it’s impossible to forecast the price performance of any asset class, the DGTX token appears to have more upside potential when Digitex opens its exchange for trading.   

Personal Observations

 Why have exchange tokens easily outperformed many other crypto investments so far? Based on my research, cryptocurrency exchanges offer the “purest investment play” within the crypto universe.

Over the course of the next decade, the digital currency industry will provide investors with a wide variety of opportunities to profit from this new asset class. Most likely, cryptocurrency exchanges will be at the top of the list in regard to return on investment (ROI). 

In my opinion, this explains why exchange tokens have performed so well, despite the crypto bear market. 

If you’re anxious to see what zero-free trading looks like on a one-click trading ladder, sign up for an account on the Digitex beta by clicking the button below. You can even try your hand at winning real DGTX prizes by entering the daily Digitex Trading Battle.

SIGN UP HERE

Full Disclosure:  Digitex Futures writers and/or guest authors may or may not have a vested interest in the Digitex Futures project and/or other businesses mentioned throughout the site. None of the content on Digitex Futures is investment advice nor is it a replacement for advice from a certified financial planner.

March 13, 2020
Cryptocurrency
Digitex Futures

Major Exchange Tokens Prove Solid Potential for ROI

Dave Reiter
exchange tokens

Exchange token holders usually receive certain benefits or “perks” from the exchange. These could be a discount on trading fees, the right to participate in the governance process or as a way to reward market makers who create liquidity in the exchange. Some of the best faring exchange tokens out there right now are BNB, HT, and KCS. So, how does DGTX and its commission-free model stack up? 

A Look at Popular Exchange Tokens

Exchange tokens (ETs) began to emerge around the middle of 2017. Consequently, there is a limited amount of available data to determine the success of these tokens in terms of their ROI. However, let’s review the data that is available in order to determine how well exchange tokens have performed. 

We will analyze four of the more popular exchange tokens in terms of market capitalization, daily volume and the total supply of tokens. These are Binance’s BNB token, KuCoin’s KCS, Huobi’s HT, and our very own DGTX.

For an in-depth analysis of each one of these exchange tokens compared to DGTX individually, be sure to check out our blogs on the links above. In this article, we’re going to take a deep dive into the numbers and see what they tell us about how these four exchange tokens fare.

Analyzing The Four Popular Exchange Tokens’ Data

BNB, KCS, HT, and DGTX Key Stats
Token Market Cap Avg 24 hr Volume Circulating Supply Overall Supply
BNB $4.003.071.152 $516.095.840 155.536.713 187.536.713
KCS $106.269.125 $9.603.367 81.850.451 171.850.451
HT $1.118.634.736 $399.667.465 236.468.066 500.000.000 
DGTX $29.456.612 $1.637.231 802.500.000  1.000.000.000
Source: CoinMarketCap Feb 12, 2020

As you can see from the table above, BNB is easily the most heavily traded exchange token in comparison to KCS, HT and DGTX. The same is also true in terms of market capitalization. Although, Huobi’s HT is certainly progressing fast.

Many traders are confused as it relates to market capitalization. The formula for market cap is actually quite simple. It’s the price of the exchange token multiplied by the circulating supply.  

It’s worth noting that DGTX currently has a fairly low daily volume of over $1.6M. The volume will increase dramatically when the Digitex Futures exchange mainnet launches on 27 April.  

If you want to get involved in the next revolution in crypto derivatives trading, you can buy DGTX by clicking on the button below. You’ll get an instant transaction with zero slippage buying directly from the Digitex Treasury including a 10% bonus airdropped into your account upon the mainnet launch.

BUY DGTX

Without question, exchange tokens have proven to be very popular among traders and investors within the crypto industry. And this popularity has translated into a positive return on investment (ROI) for them. Let’s examine the numbers.

Exchange Tokens Provide Excellent ROI

BNB, KCS, HT, and DGTX Return on Investment
Token ICO Date ICO Price Current Price Rate of Return
BNB 1 July 2017 $0.100 $25.71 25,610%
KCS 13 Aug 2017 $0.224 $1.30 580.11%
HT 24 Jan 2018 $1.52 $4.73 311.2%
DGTX 15 Jan 2018 $0.010 $0.366 350%
Source: CoinMarketCap Feb 12, 2020

As you can see, each exchange token is well above its ICO price. BNB investors have enjoyed an incredible rate of return since its ICO. 

Binance launched its ICO at the perfect time. As you may recall, July 2017 marked the beginning of the huge rally in Bitcoin. BNB benefitted from a wave of speculative fever that engulfed the crypto industry during the summer and fall of 2017.

Perhaps as impressive as BNB has been the performance of DGTX. Why? Because the DGTX ICO occurred during the beginning of the cryptocurrency bear market. The bear market continued for more than a year and a half and still has yet to retest its 2017 highs. 

Despite the poor market conditions, the DGTX token has managed to reward its investors with a spectacular rate of return of 350% at the time of writing. Additionally, Digitex has not even launched its futures trading exchange yet.

Although it’s impossible to forecast the price performance of any asset class, the DGTX token appears to have more upside potential when Digitex opens its exchange for trading.   

Personal Observations

 Why have exchange tokens easily outperformed many other crypto investments so far? Based on my research, cryptocurrency exchanges offer the “purest investment play” within the crypto universe.

Over the course of the next decade, the digital currency industry will provide investors with a wide variety of opportunities to profit from this new asset class. Most likely, cryptocurrency exchanges will be at the top of the list in regard to return on investment (ROI). 

In my opinion, this explains why exchange tokens have performed so well, despite the crypto bear market. 

If you’re anxious to see what zero-free trading looks like on a one-click trading ladder, sign up for an account on the Digitex beta by clicking the button below. You can even try your hand at winning real DGTX prizes by entering the daily Digitex Trading Battle.

SIGN UP HERE

Full Disclosure:  Digitex Futures writers and/or guest authors may or may not have a vested interest in the Digitex Futures project and/or other businesses mentioned throughout the site. None of the content on Digitex Futures is investment advice nor is it a replacement for advice from a certified financial planner.

Latest News

Trade Futures

Top 5 Websites For Learning How to Trade Futures

Digitex Futures
Trading
• Dave Reiter
March 3, 2020

Digitex Futures launches the mainnet of its commission-free trading platform on April 27. For the first time in the history of futures trading platforms, speculators will have the opportunity to trade cryptocurrencies on the same user interface without paying a single fee. Better than that, Digitex will offer a trading environment that’s suitable for both experienced and novice traders.

Learn to Trade Futures

In an attempt to help novice traders learn how to buy futures and how to trade futures, Digitex has teamed up with some of the best traders and educators in the crypto space. They will provide invaluable resources, tips, and tricks on how to trade futures.

Let’s review these educational resources as well as some additional references to help traders and speculators navigate the world of futures trading.

Educational Resources for Novice Futures Traders
ReadySetCrypto

ReadySetCrypto offers one of the most educational and informative cryptocurrency channels on YouTube. Founded in 2017 by a father-and-son team, the company’s primary objective is to teach crypto enthusiasts the proper way to analyze and trade cryptocurrencies.

The team provides its subscribers with high-quality educational material on how to successfully conquer the world of crypto speculation.

They offer real-time daily market updates, a daily newsletter, daily videos, specific trade ideas and market analysis, as well as access to the firm’s Mastermind Group.

The Mastermind Group is one of their most popular products. It consists of a group of well-educated crypto experts and professionals who discuss the latest trends in the world of digital currencies. For more information on ReadySetCrypto, visit the company’s website.

Lion Asset Management

Lion Asset Management has teamed up with Digitex Futures to create Digitex trading seminars. The trading seminars are designed to teach traders to apply profitable crypto trading strategies. Lion Asset Management has a rich history of teaching its students to become successful traders and speculators.

The firm initially operated exclusively in the foreign currency markets beginning in 2002. In 2017, they added cryptocurrencies to their trading seminars.

Specifically, Lion Asset Management will present live trading sessions using technical analysis to teach students how to successfully navigate the world of crypto speculation. The seminars will be tailored to meet the specific demands of crypto traders using the Digitex trading platform.

The firm will provide seminar attendees with specific technical indicators to create automated trading portfolios which can be used on the Digitex platform. For more information, visit the Lion Asset Management website.

Barchart

Barchart is one of the most popular websites for traders and speculators among all different asset classes. This includes stocks, trade futures, precious metals, foreign currency, and crypto.

Barchart has a very long and prestigious history in the financial data industry. The company was founded in 1934, as a subsidiary of Commodity Research Bureau. Today, the company has one of the most recognizable brands throughout the financial services industry.

Barchart offers an incredible amount of 100% FREE technical indicators, graphs, charts, tools, financial data and technical studies. This information allows traders to perform various tests and studies based on over 100 different indicators.

Barchart has data reaching back to the 1950s. Therefore, the website will allow users to test various trading strategies over the course of the past 60+ years. For those traders who prefer more detailed research along with real-time quotes, Barchart also offers monthly subscriptions. A good place to start is by visiting the company’s website.

Want to buy DGTX ahead of the mainnet launch? You can do it easily and straight from us through the Digitex Treasury. We offer an instant trustless transaction with no slippage and no need to go through an exchange. Simply click below.

BUY DGTX
Factor Trading Service

Arguably, Peter L Brandt will be included as one of the greatest commodity traders of the past 100 years. Brandt’s trading career began in Chicago in the mid-1970s. His trading style is based purely on repetitive chart patterns and formations. Based on audited performance results, Brandt has managed to generate an annual return of over 40% per year for the past three decades!

Brandt offers the Factor Trading Service, which allows subscribers to follow his trading methodology through webinars, private blog posts, and online tutorials. Peter is very generous with his time. For those traders who prefer not to pay for a subscription, Brandt offers a tremendous amount of free information on his Twitter page.

Futures Truth

Futures Truth operates a rather unique business. The company does not offer trading seminars, newsletters or webinars. Instead, Futures Truth specializes in tracking the performance results of publicly available trading systems.

System developers submit their trading systems to Futures Truth in order to test the performance. In return, Futures Truth displays the daily results of the system on the company website. For a small fee, traders can purchase a list of the performance results of all systems.

There are literally thousands of different systems available for trading stocks, futures, foreign currency, and cryptocurrencies. The overwhelming majority of these systems are worthless. Unfortunately, it’s almost impossible for the average trader to know which systems will actually generate a profit in real-time trading.

That’s why Futures Truth is such a valuable resource. It separates the winning trading systems from the losing trading systems. For more information, visit the company’s website.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW

March 3, 2020
Digitex Futures
Trading

Top 5 Websites For Learning How to Trade Futures

Dave Reiter
Trade Futures

Digitex Futures launches the mainnet of its commission-free trading platform on April 27. For the first time in the history of futures trading platforms, speculators will have the opportunity to trade cryptocurrencies on the same user interface without paying a single fee. Better than that, Digitex will offer a trading environment that’s suitable for both experienced and novice traders.

Learn to Trade Futures

In an attempt to help novice traders learn how to buy futures and how to trade futures, Digitex has teamed up with some of the best traders and educators in the crypto space. They will provide invaluable resources, tips, and tricks on how to trade futures.

Let’s review these educational resources as well as some additional references to help traders and speculators navigate the world of futures trading.

Educational Resources for Novice Futures Traders
ReadySetCrypto

ReadySetCrypto offers one of the most educational and informative cryptocurrency channels on YouTube. Founded in 2017 by a father-and-son team, the company’s primary objective is to teach crypto enthusiasts the proper way to analyze and trade cryptocurrencies.

The team provides its subscribers with high-quality educational material on how to successfully conquer the world of crypto speculation.

They offer real-time daily market updates, a daily newsletter, daily videos, specific trade ideas and market analysis, as well as access to the firm’s Mastermind Group.

The Mastermind Group is one of their most popular products. It consists of a group of well-educated crypto experts and professionals who discuss the latest trends in the world of digital currencies. For more information on ReadySetCrypto, visit the company’s website.

Lion Asset Management

Lion Asset Management has teamed up with Digitex Futures to create Digitex trading seminars. The trading seminars are designed to teach traders to apply profitable crypto trading strategies. Lion Asset Management has a rich history of teaching its students to become successful traders and speculators.

The firm initially operated exclusively in the foreign currency markets beginning in 2002. In 2017, they added cryptocurrencies to their trading seminars.

Specifically, Lion Asset Management will present live trading sessions using technical analysis to teach students how to successfully navigate the world of crypto speculation. The seminars will be tailored to meet the specific demands of crypto traders using the Digitex trading platform.

The firm will provide seminar attendees with specific technical indicators to create automated trading portfolios which can be used on the Digitex platform. For more information, visit the Lion Asset Management website.

Barchart

Barchart is one of the most popular websites for traders and speculators among all different asset classes. This includes stocks, trade futures, precious metals, foreign currency, and crypto.

Barchart has a very long and prestigious history in the financial data industry. The company was founded in 1934, as a subsidiary of Commodity Research Bureau. Today, the company has one of the most recognizable brands throughout the financial services industry.

Barchart offers an incredible amount of 100% FREE technical indicators, graphs, charts, tools, financial data and technical studies. This information allows traders to perform various tests and studies based on over 100 different indicators.

Barchart has data reaching back to the 1950s. Therefore, the website will allow users to test various trading strategies over the course of the past 60+ years. For those traders who prefer more detailed research along with real-time quotes, Barchart also offers monthly subscriptions. A good place to start is by visiting the company’s website.

Want to buy DGTX ahead of the mainnet launch? You can do it easily and straight from us through the Digitex Treasury. We offer an instant trustless transaction with no slippage and no need to go through an exchange. Simply click below.

BUY DGTX
Factor Trading Service

Arguably, Peter L Brandt will be included as one of the greatest commodity traders of the past 100 years. Brandt’s trading career began in Chicago in the mid-1970s. His trading style is based purely on repetitive chart patterns and formations. Based on audited performance results, Brandt has managed to generate an annual return of over 40% per year for the past three decades!

Brandt offers the Factor Trading Service, which allows subscribers to follow his trading methodology through webinars, private blog posts, and online tutorials. Peter is very generous with his time. For those traders who prefer not to pay for a subscription, Brandt offers a tremendous amount of free information on his Twitter page.

Futures Truth

Futures Truth operates a rather unique business. The company does not offer trading seminars, newsletters or webinars. Instead, Futures Truth specializes in tracking the performance results of publicly available trading systems.

System developers submit their trading systems to Futures Truth in order to test the performance. In return, Futures Truth displays the daily results of the system on the company website. For a small fee, traders can purchase a list of the performance results of all systems.

There are literally thousands of different systems available for trading stocks, futures, foreign currency, and cryptocurrencies. The overwhelming majority of these systems are worthless. Unfortunately, it’s almost impossible for the average trader to know which systems will actually generate a profit in real-time trading.

That’s why Futures Truth is such a valuable resource. It separates the winning trading systems from the losing trading systems. For more information, visit the company’s website.

Want to try your hand at trading commission-free on the Digitex Futures exchange? With the beta version handling insane volume, you can practice your skills on our trading ladder interface and hone your strategy before the mainnet release on April 27, 2020.

JOIN NOW

Latest News