Development Update - What’s Coming Next to Digitex? 1

Development Update – What’s Coming Next to Digitex?

Digitex
• Digitex
May 24, 2021

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

What We’ve Done in Q2 So Far

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

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

Development Update - What’s Coming Next to Digitex? 2

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

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

What’s Still to Come in Q2 and Q3

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

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

A Whole Lot More Besides

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

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

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

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

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

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

May 24, 2021
Digitex

Development Update – What’s Coming Next to Digitex?

Digitex
Development Update - What’s Coming Next to Digitex? 3

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

What We’ve Done in Q2 So Far

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

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

Development Update - What’s Coming Next to Digitex? 4

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

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

What’s Still to Come in Q2 and Q3

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

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

A Whole Lot More Besides

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

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

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

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

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

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

Latest News

dgtx

Update for DGTX HODLers

Digitex
• Digitex
April 29, 2021

The first month of Q2 is coming to an end already and it’s been a year of positive growth for Digitex so far. We’ve built out our team, released some key improvements to the UI and functionality of the exchange, launched our popular Liquidity Mining program that pays you to trade, and rolled out our commission-free spot markets with six trading pairs. Find out what else we’ve been doing and what you can expect from the rest of the quarter here.

Improvements to the Spot Markets

We’re super excited about the launch of the Digitex spot markets. It marks a huge milestone for us as an exchange, making it far easier to buy and sell DGTX and onboard new users, who no longer have to go to a third-party to convert their crypto.

Digitex.io also provides an optimized experience for traders on the exchange who can now trade between futures and spot cryptocurrencies with easy navigation all from one universal wallet. And they can quickly convert their DGTX to stablecoin USDC if they wish to avoid DGTX volatility. 

On top of that, we’re still the only exchange to offer users no fees of any kind. This includes withdrawal fees that every other fee-charging exchange on the market extracts from their users. This means that you can place as many transactions as you want with us and withdraw your funds keeping 100% of your profit. It’s your hard-earned money, you shouldn’t have to watch it being chipped away at by percentages, fees, and rent-seeking intermediaries.

We’re just getting started with our spot markets as well, and are continuously testing and improving the overall user experience so that, in the coming months, we can start to actively list popular trending tokens. This will not only benefit our community members who want to trade their favorite cryptos zero-fee but it will open Digitex up to many new cryptocurrency users as well. Watch out for our first listing coming this quarter. 

Also, keep in mind that all new markets will provide liquidity mining rewards to users to build liquidity and keep the spreads tight, and the cryptocurrency projects will be able to pay liquidity mining rewards in their own token (not DGTX). As the only exchange to use a trading ladder interface on our futures markets, we will also be bringing users the same experience trading spot. They will soon be able to choose from a one-click trading ladder interface or a traditional layout.

Marketing

We kicked off our marketing campaign this month and we’re actively promoting across dozens of channels in partnership with many popular influencers. We’re pleased to say that this is really paying off and we’re getting a healthy amount of new users registering to the exchange this month. 

Update for DGTX HODLers 5

In fact, we currently have over 3,500 new users in the last two weeks from different countries all over the world. We’re actively getting around 150 to 300+ new users registering daily, which is a good sign of stable growth and reflects the efforts that we’re putting in.

Update for DGTX HODLers 6

Keep in mind, DGTX is designed as a utility token for zero-fee trading, so our primary efforts are focused on getting new users to the exchange – and getting them to trade or stake DGTX.

Yield Farming Program

Talking of staking, in addition to actively getting new users and working on new listings for the spot markets, we have a yield farming program coming out next month. We think that this is going to be really popular among DGTX HODLers and new users as it’s designed for other cryptocurrencies listed on the Digitex exchange. Users will be able to stake DGTX to earn back cryptocurrencies partnered with our exchange. As more and more cryptocurrencies list on our spot market and put tokens into our yield farming program, demand for DGTX will therefore steadily increase.

With the whole phenomenon of yield farming gaining so much traction, it’s clear that crypto participants want to make their money work for them and earn a passive income on their funds. With our yield farming program, they will be able to easily buy DGTX and deposit it to earn passive income at attractive rates. We’ll be releasing more details on this soon.

Growing the Team

Update for DGTX HODLers 7

As well as actively working to market our existing products and introduce new features to create more new demand for DGTX and new users to the exchange, we’ve been actively growing our team. We’re now 50-person strong here in Kyiv alone! Made up of developers, creatives, and marketers – and we also have plenty of other talented contributors dotted around the globe. 

As always, we appreciate your ongoing support. We’ve made really great progress this year and there is still so much more to come. A big thank you from the Digitex team here at the Kyiv HQ and stay tuned for the next releases coming soon.

April 29, 2021
Digitex

Update for DGTX HODLers

Digitex
dgtx

The first month of Q2 is coming to an end already and it’s been a year of positive growth for Digitex so far. We’ve built out our team, released some key improvements to the UI and functionality of the exchange, launched our popular Liquidity Mining program that pays you to trade, and rolled out our commission-free spot markets with six trading pairs. Find out what else we’ve been doing and what you can expect from the rest of the quarter here.

Improvements to the Spot Markets

We’re super excited about the launch of the Digitex spot markets. It marks a huge milestone for us as an exchange, making it far easier to buy and sell DGTX and onboard new users, who no longer have to go to a third-party to convert their crypto.

Digitex.io also provides an optimized experience for traders on the exchange who can now trade between futures and spot cryptocurrencies with easy navigation all from one universal wallet. And they can quickly convert their DGTX to stablecoin USDC if they wish to avoid DGTX volatility. 

On top of that, we’re still the only exchange to offer users no fees of any kind. This includes withdrawal fees that every other fee-charging exchange on the market extracts from their users. This means that you can place as many transactions as you want with us and withdraw your funds keeping 100% of your profit. It’s your hard-earned money, you shouldn’t have to watch it being chipped away at by percentages, fees, and rent-seeking intermediaries.

We’re just getting started with our spot markets as well, and are continuously testing and improving the overall user experience so that, in the coming months, we can start to actively list popular trending tokens. This will not only benefit our community members who want to trade their favorite cryptos zero-fee but it will open Digitex up to many new cryptocurrency users as well. Watch out for our first listing coming this quarter. 

Also, keep in mind that all new markets will provide liquidity mining rewards to users to build liquidity and keep the spreads tight, and the cryptocurrency projects will be able to pay liquidity mining rewards in their own token (not DGTX). As the only exchange to use a trading ladder interface on our futures markets, we will also be bringing users the same experience trading spot. They will soon be able to choose from a one-click trading ladder interface or a traditional layout.

Marketing

We kicked off our marketing campaign this month and we’re actively promoting across dozens of channels in partnership with many popular influencers. We’re pleased to say that this is really paying off and we’re getting a healthy amount of new users registering to the exchange this month. 

Update for DGTX HODLers 8

In fact, we currently have over 3,500 new users in the last two weeks from different countries all over the world. We’re actively getting around 150 to 300+ new users registering daily, which is a good sign of stable growth and reflects the efforts that we’re putting in.

Update for DGTX HODLers 9

Keep in mind, DGTX is designed as a utility token for zero-fee trading, so our primary efforts are focused on getting new users to the exchange – and getting them to trade or stake DGTX.

Yield Farming Program

Talking of staking, in addition to actively getting new users and working on new listings for the spot markets, we have a yield farming program coming out next month. We think that this is going to be really popular among DGTX HODLers and new users as it’s designed for other cryptocurrencies listed on the Digitex exchange. Users will be able to stake DGTX to earn back cryptocurrencies partnered with our exchange. As more and more cryptocurrencies list on our spot market and put tokens into our yield farming program, demand for DGTX will therefore steadily increase.

With the whole phenomenon of yield farming gaining so much traction, it’s clear that crypto participants want to make their money work for them and earn a passive income on their funds. With our yield farming program, they will be able to easily buy DGTX and deposit it to earn passive income at attractive rates. We’ll be releasing more details on this soon.

Growing the Team

Update for DGTX HODLers 10

As well as actively working to market our existing products and introduce new features to create more new demand for DGTX and new users to the exchange, we’ve been actively growing our team. We’re now 50-person strong here in Kyiv alone! Made up of developers, creatives, and marketers – and we also have plenty of other talented contributors dotted around the globe. 

As always, we appreciate your ongoing support. We’ve made really great progress this year and there is still so much more to come. A big thank you from the Digitex team here at the Kyiv HQ and stay tuned for the next releases coming soon.

Latest News

digitex

Your Questions Answered – Digitex Spot Markets

Digitex
• Digitex
April 19, 2021

Thank you very much to everyone who has sent in feedback and shared their experience of using Digitex spot markets so far. As always, we have been listening to what you have to say and collecting all your questions. Here, we answer any doubts you have about the UI, the features that are coming, our future plans, and more. Check it out.

Why is there no ladder interface for spot?

One question we received several times is why there’s no ladder interface yet for the spot markets. The answer is that it’s definitely coming. But we thought that starting with the traditional version would make it easier for new users to understand. After all, Digitex is still the only exchange in the industry to offer a trading ladder UI for our futures markets and, while we know that high-frequency futures traders love it, we didn’t want to scare off any beginners that are relatively new to crypto.

Will there be a use case for DGTX built into the spot markets?

We’re introducing a few types of programs and some are more complex than others. In fact, in one of our upcoming releases, we will be bring you a Staking Program that lets you earn a passive income on your DGTX (rewarded with other crypto; not DGTX). But DGTX staking built into our spot and futures trading markets is road-mapped for later this year. As you’ve probably noticed from our last two releases, the speed and quality of our development has improved. We’re now focused on short sprints so that each quarter you’ll be seeing something new released… this is the new way of Digitex development moving forward.

How long will withdrawals stay free?

Free withdrawals is a promotion, and we’ll see how it goes and how sustainable it is. If we see people abuse this then we’ll stop running it. Luckily, we haven’t had any problems with it so far and we know our loyal users really appreciate this feature, so we’d like to keep it as long as possible. In order for Digitex to really grow as a brand, we need to be distinctive and do things differently from other exchanges. No other exchange would ever consider removing withdrawal fees but, if you think about it, this feature brings so much value to the end of the user… so why not?

When will you add more tokens to spot markets?

Soon! But, we only just launched it and we want to test it more and build up the liquidity. Rest assured, however, when we’re ready, we’ll share details.

Is it possible to bring out a roadmap for future updates?

Honestly, we’ve learned our lesson from the past that roadmaps are particularly hard to stick to, especially when working with explorative technology in a constantly changing space. So, we’d rather not put any dates out for now, but just a rough estimate so as not to raise users’ expectations or overtask our developers. 

However, we can confirm that we’re releasing a DGTX Staking Platform in quarter two and, later in the year, we’ll have DGTX staking built into our markets, and a mobile app as well.

Will marketing start now that the spot market has been launched?

Yes. Actually, we have already started marketing and we are gradually going to start cranking it up. 

Is a stablecoin still being worked on?

We do have a solution to solve our DGTX-denominated market volatility, but it’s not a Digitex stablecoin. We can’t say more than this for now.

Why did you remove the Treasury?

Because we now have the spot markets and when we switched to the new website, we just updated the public Buy DGTX page to send traders directly to the spot market instead of buying from the treasury. It made more sense to do it that way.

How’s the work on the bots looking? Are you using a white label or building them custom?

User configurable bots are still on our roadmap and, in fact, they’re almost ready to be released. These will be an awesome addition to the exchange as they’re very easy to use, and traders will be able to access them from within their dashboard with zero fees. Regarding integrating with popular bots, that’s also roadmapped, but will require customization and integration with each particular bot. So, this is planned for later on in the year. 

That’s it for now, once again, we really appreciate your continued feedback and support and we’re glad to hear how much you’re enjoying the spot markets. Be sure to let us know if you have further questions by hitting us up on our socials, contacting live support, or opening a ticket. 

 

April 19, 2021
Digitex

Your Questions Answered – Digitex Spot Markets

Digitex
digitex

Thank you very much to everyone who has sent in feedback and shared their experience of using Digitex spot markets so far. As always, we have been listening to what you have to say and collecting all your questions. Here, we answer any doubts you have about the UI, the features that are coming, our future plans, and more. Check it out.

Why is there no ladder interface for spot?

One question we received several times is why there’s no ladder interface yet for the spot markets. The answer is that it’s definitely coming. But we thought that starting with the traditional version would make it easier for new users to understand. After all, Digitex is still the only exchange in the industry to offer a trading ladder UI for our futures markets and, while we know that high-frequency futures traders love it, we didn’t want to scare off any beginners that are relatively new to crypto.

Will there be a use case for DGTX built into the spot markets?

We’re introducing a few types of programs and some are more complex than others. In fact, in one of our upcoming releases, we will be bring you a Staking Program that lets you earn a passive income on your DGTX (rewarded with other crypto; not DGTX). But DGTX staking built into our spot and futures trading markets is road-mapped for later this year. As you’ve probably noticed from our last two releases, the speed and quality of our development has improved. We’re now focused on short sprints so that each quarter you’ll be seeing something new released… this is the new way of Digitex development moving forward.

How long will withdrawals stay free?

Free withdrawals is a promotion, and we’ll see how it goes and how sustainable it is. If we see people abuse this then we’ll stop running it. Luckily, we haven’t had any problems with it so far and we know our loyal users really appreciate this feature, so we’d like to keep it as long as possible. In order for Digitex to really grow as a brand, we need to be distinctive and do things differently from other exchanges. No other exchange would ever consider removing withdrawal fees but, if you think about it, this feature brings so much value to the end of the user… so why not?

When will you add more tokens to spot markets?

Soon! But, we only just launched it and we want to test it more and build up the liquidity. Rest assured, however, when we’re ready, we’ll share details.

Is it possible to bring out a roadmap for future updates?

Honestly, we’ve learned our lesson from the past that roadmaps are particularly hard to stick to, especially when working with explorative technology in a constantly changing space. So, we’d rather not put any dates out for now, but just a rough estimate so as not to raise users’ expectations or overtask our developers. 

However, we can confirm that we’re releasing a DGTX Staking Platform in quarter two and, later in the year, we’ll have DGTX staking built into our markets, and a mobile app as well.

Will marketing start now that the spot market has been launched?

Yes. Actually, we have already started marketing and we are gradually going to start cranking it up. 

Is a stablecoin still being worked on?

We do have a solution to solve our DGTX-denominated market volatility, but it’s not a Digitex stablecoin. We can’t say more than this for now.

Why did you remove the Treasury?

Because we now have the spot markets and when we switched to the new website, we just updated the public Buy DGTX page to send traders directly to the spot market instead of buying from the treasury. It made more sense to do it that way.

How’s the work on the bots looking? Are you using a white label or building them custom?

User configurable bots are still on our roadmap and, in fact, they’re almost ready to be released. These will be an awesome addition to the exchange as they’re very easy to use, and traders will be able to access them from within their dashboard with zero fees. Regarding integrating with popular bots, that’s also roadmapped, but will require customization and integration with each particular bot. So, this is planned for later on in the year. 

That’s it for now, once again, we really appreciate your continued feedback and support and we’re glad to hear how much you’re enjoying the spot markets. Be sure to let us know if you have further questions by hitting us up on our socials, contacting live support, or opening a ticket. 

 

Latest News