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.
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.