A little over a month ago, we launched the world’s first zero-fee BTC futures exchange and we know from your feedback how much you’re loving trading on a rapid-fire ladder–and how the removal of fees enables trading strategies that simply weren’t possible on fee-charging exchanges. Well, today we’re excited to say that we have officially added the ETH/USD market to our exchange so you can now take advantage of the massive volatility surrounding Ether’s price right now.
ETH/USD Market Live on the DFE
With the build-up to ETH 2.0 and the amazing strides being made in DeFi, price action surrounding ETH has been stellar this year. Despite a brief tumble over the last 24 hours, ETH is still posting YTD gains of 211%. Is this latest drop set to continue or is it a mere stumbling block to ETH’s meteoric price rise? You decide. However you feel about ETH and its future price direction, you can now take advantage of making money on its moves whether it goes up or down on the Digitex Futures exchange.
We’ve requested a video tutorial from our resident trader Cryptrader to help you out on this new market, so expect to see that in the coming days. ETH is without doubt one of the most interesting cryptocurrencies to keep your eye on this year with so much going on behind the scenes. But don’t forget that this additional market on the DFE is the first of many more to come.
Soon you’ll be able to speculate on the price of Ripple’s XRP against the USD and also capitalize on the certain volatility to come in traditional markets as global macro factors send shockwaves through the markets like never before. More on these developments soon. For now, be sure to get started trading our ETH/USD futures market as soon as you get caught up on other developments from this week.
Trader Cobb Part 4: Management of Risk, Mindset, and Progress
Superstar trader Craig Cobb delivered the fantastic conclusion to his four-part trading series yesterday, wrapping up everything he’s taught so far about capital management, and mastering your plan. He also gives invaluable tips as to how to cultivate a positive crypto mindset and manage your emotions so they don’t get the better of you as a trader.
All traders have bad days and conditions that don’t suit their trading style, so they must follow rules and plans to not allow their emotions to overcome them and to give them the confidence to keep trading when things don’t go their way. This is a business, after all, and that’s the key to becoming a successful trader and making sustainable long-term gains.
At the same time next week, Craig will be giving a walkthrough of trading on the Digitex platform, so be sure not to miss it as he puts everything you’ve learned into practice on the DFE. Sign up here if you haven’t already.
Important Updates to Digitex Support
As we strive to perfect our support system at Digitex we will be upgrading our services from September with new initiatives including improved Zendesk support, account managing, and personal Zoom calls to help people start trading. This will bring us to a never-before-seen level of customer service in the crypto space.
In order to provide this level of support, we will need to reallocate our current resources which means that we have taken the decision to scale down our admin support on Telegram.
From September 4 at 8 am CET, all channels apart from the main official Digitex channel will be closed. The main Telegram will stay open for people wanting to discuss technical analyses or other general questions. Technical questions about the exchange will be processed through the Support button on the exchange to ensure better quality and faster support on our platform. Please observe the new rules for the main Telegram group to ensure a safe and enjoyable experience for all participants.
- No advertising other projects
- No bad talk about Digitex or any team member
- No price predictions about DGTX or BTC (moon talk)
- Technical analysis for BTC or other assets that are on DFE is allowed
- For problems or any bugs please use the blue support button on the exchange
- If you are banned and want to be unbanned, please email [email protected] with your case and a decision will be made
- FUD = Immediate ban
We thank you for your continued support of our project and are confident that you will enjoy the higher-level of individual support that this reallocation of our resources allows.
The Whitepaper Is Coming Soon
We know that Adam promised the new Digitex whitepaper for this Friday but with all the additional work on the ETH/USD market and plenty more besides, he needs a little more time to add the finishing touches. We thank you in advance and ask for your patience as we’ll be releasing it very soon–and have Adam under lock and key working on it even as you read this! You’re going to be blown away by what you see and the extent of our ambitious plans for the DGTX token.
That’s it from us this week. We hope that you enjoy trading the ETH market on the exchange and are excited to see where the volatility on BTC and ETH will take us as we move into the weekend. Thank you for being supportive of our decisions and helping us to make Digitex the best exchange on the market. Until next week!