digitex

3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap

Digitex
• Digitex
June 10, 2021

Day trading is not the only way of earning income from crypto. An investor can explore other avenues such as pool rewards. It is becoming highly popular although it is riskier than normal trading. However, its returns are more attractive.

Digitex has updated its pool rewards program this month where it will be adding 3 million $DGTX which is worth around $27k to the Uniswap pool rewards program.

To understand what pool rewards is and how you can tap into its potential, this guide is for you.

What is Yield Farming

Yield farming is an earning strategy in the DeFi sector that allows users to earn interest from their crypto holdings. The interest earned is in the form of cryptocurrencies. However, yield farming is different from crypto lending.

Crypto lending offers more security to the lender, unlike yield farming. The latter involves multiple digital assets and mechanisms on several platforms and protocols to allow the lender to increase their earnings.

An example of Pool Rewards 

The technical aspects of pool rewards can be difficult to understand, but the below example can help you grasp the important aspects if you are a beginner.

Let’s suppose that you deposit ether tokens through MakerDAO (Oasis) and receive DAI stablecoin. Later, you decide to lend the DAI stablecoin to other users through the Compound Finance lending protocol.

By lending to others, you have created liquidity, and you will receive cDAI tokens in return to show the number of coins you have given to the pool. You later decide to transfer CDAI to another protocol for staking or lending, or you could choose to borrow against your holdings.

Because of all these processes and options available in yield farming, it may be too complex and risky for a beginner trader, but it creates more avenues for earning rewards.

How can I earn Digitex Rewards through Pool Rewards on Uniswap?

If you want to maximize your crypto income through pool rewards, opt for DGTX pool rewards through Uniswap. DGTX is a native token for Digitex exchange. Digitex has updated the program and this time, three million DGTX has been added to the pool rewards program.

Going by the prices of DGTX as of writing this article, the total coins added to the pool will have a value of $27,000 in monthly rewards for supplying liquidity to the DGTX/ETH trading pair on the Uniswap exchange.

The best part is that if you provide liquidity to the pool for more than thirty days, you will receive three times more rewards for optimal earnings.

Getting started on pool rewards with Digitex 

To start getting pool rewards with DGTX, follow these easy steps:

Step 1: Go to Uniswap V2 and deposit the same amount of ETH and DGTX to offer liquidity for the trading pair.

Step 2: You will receive UNI-V2 tokens as rewards for offering liquidity. The tokens show the number of tokens you have added to the pool.

Step 3: Go to the Digitex Rewards platform, deposit UNI-V2 pool tokens for staking, and start earning a passive income.

By following the above steps, you will enjoy the full benefit of yield farming, which is maximizing passive income earned from cryptocurrency holdings.

June 10, 2021
Digitex

3 Million $DGTX Pool Rewards This Month on Digitex – Earn Passive Income for Lending Liquidity on Uniswap

Digitex
digitex

Day trading is not the only way of earning income from crypto. An investor can explore other avenues such as pool rewards. It is becoming highly popular although it is riskier than normal trading. However, its returns are more attractive.

Digitex has updated its pool rewards program this month where it will be adding 3 million $DGTX which is worth around $27k to the Uniswap pool rewards program.

To understand what pool rewards is and how you can tap into its potential, this guide is for you.

What is Yield Farming

Yield farming is an earning strategy in the DeFi sector that allows users to earn interest from their crypto holdings. The interest earned is in the form of cryptocurrencies. However, yield farming is different from crypto lending.

Crypto lending offers more security to the lender, unlike yield farming. The latter involves multiple digital assets and mechanisms on several platforms and protocols to allow the lender to increase their earnings.

An example of Pool Rewards 

The technical aspects of pool rewards can be difficult to understand, but the below example can help you grasp the important aspects if you are a beginner.

Let’s suppose that you deposit ether tokens through MakerDAO (Oasis) and receive DAI stablecoin. Later, you decide to lend the DAI stablecoin to other users through the Compound Finance lending protocol.

By lending to others, you have created liquidity, and you will receive cDAI tokens in return to show the number of coins you have given to the pool. You later decide to transfer CDAI to another protocol for staking or lending, or you could choose to borrow against your holdings.

Because of all these processes and options available in yield farming, it may be too complex and risky for a beginner trader, but it creates more avenues for earning rewards.

How can I earn Digitex Rewards through Pool Rewards on Uniswap?

If you want to maximize your crypto income through pool rewards, opt for DGTX pool rewards through Uniswap. DGTX is a native token for Digitex exchange. Digitex has updated the program and this time, three million DGTX has been added to the pool rewards program.

Going by the prices of DGTX as of writing this article, the total coins added to the pool will have a value of $27,000 in monthly rewards for supplying liquidity to the DGTX/ETH trading pair on the Uniswap exchange.

The best part is that if you provide liquidity to the pool for more than thirty days, you will receive three times more rewards for optimal earnings.

Getting started on pool rewards with Digitex 

To start getting pool rewards with DGTX, follow these easy steps:

Step 1: Go to Uniswap V2 and deposit the same amount of ETH and DGTX to offer liquidity for the trading pair.

Step 2: You will receive UNI-V2 tokens as rewards for offering liquidity. The tokens show the number of tokens you have added to the pool.

Step 3: Go to the Digitex Rewards platform, deposit UNI-V2 pool tokens for staking, and start earning a passive income.

By following the above steps, you will enjoy the full benefit of yield farming, which is maximizing passive income earned from cryptocurrency holdings.

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Digitex

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex Futures
• Digitex
March 29, 2021

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

1. Zero Fees

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

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

2. Highly Liquid

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

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

3. 24/7 Trading

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

4. P2P Trading

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

5. API for Bot Trading

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

6. Additional Ways to Earn Rewards

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

More to Come in Quarter 2, 2021

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

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

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

March 29, 2021
Digitex Futures

6 Ways Digitex Is Bringing You an Optimized Trading Experience

Digitex
Digitex

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

1. Zero Fees

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

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

2. Highly Liquid

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

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

3. 24/7 Trading

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

4. P2P Trading

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

5. API for Bot Trading

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

6. Additional Ways to Earn Rewards

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

More to Come in Quarter 2, 2021

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

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

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

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