DGTX Minting Will 5x Liquidity on the DFE This Month 1

DGTX Minting Will 5x Liquidity on the DFE This Month

Digitex Futures
• Digitex Futures
March 1, 2021

Unlike other cryptocurrency exchanges, Digitex Futures is unique in that all trading activity takes place in our native DGTX token. Our utility token actually has real use and isn’t just a hook for discounted trading fees or early investment opportunities. 

Digitex Futures provides traders with the only zero-fee Bitcoin and Ether futures platform in the space and, because we have our own native currency, we can mint new tokens to cover operational costs and increase liquidity on the exchange. 

This quarter’s mint will do exactly that – attracting more traders (and bigger size traders) who can take advantage of trading on highly liquid markets without paying a single fee. 

This Quarter’s DGTX Mint

We will be using the DGTX tokens from this quarter’s mint (March 1, 2021) predominantly for the purpose of market making and thus increasing liquidity on our two futures markets, BTCUSD and ETHUSD

Up until now, the average total of bids and offers on our BTC market is about 30,000 contracts. Following today’s mint, this will increase by at least 5x, meaning that the number of contracts of bids and asks will multiply by at least five times the current volume. 

It’s this ability to carry out market making on this scale, without having to charge our users commissions to pay professional market makers, that sets us apart from other exchanges. 

For those investors concerned that minting more tokens increases the supply and therefore dilutes the value of their existing tokens, we’d like to address your concerns. 

Just like Bitcoin, the DGTX supply is finite. We won’t carry on minting tokens forever. In fact, each quarter, fewer DGTX tokens are minted than the previous quarter, until finally, in 2028, the finite maximum cap of DGTX is reached. At this point, no more DGTX can ever be minted again for any reason. 

As we’ve seen from the biggest cryptocurrencies in the space, there is nothing intrinsically wrong with minting new coins or tokens (Bitcoin mines new coins every ten minutes and Ethereum every few seconds), as long as the tokens are used to benefit the entire ecosystem and there is a finite cap on the number that can be minted. 

DGTX Mint Schedule Is Public and Transparent

DGTX minting has always been at the core of our revenue model as stated in the initial whitepaper, and the DGTX minting schedule has now been posted on our CoinMarketCap page for a few months. This means that the market is fully aware of this schedule, and it is fully factored into the DGTX price.

We will use these minted tokens responsibility in order to increase liquidity and make our markets more attractive to more and bigger size traders. We firmly believe that by using these minted tokens in this manner, we can increase the demand for DGTX and make the token more attractive to HODLers, speculatores, and traders alike.

As a utility token that facilitates commission-free high-frequency trading strategies that aren’t possible on other fee-charging exchanges, the DGTX token will always have an intrinsic value for our users. Regardless of the current price, ever-increasing liquidity made possible by our minting schedule will attract more traders – as Adam has always said, liquidity begets liquidity.

And, minting tokens for the purpose of increasing liquidity will increase the intrinsic value of the DGTX token as a vehicle for high-frequency trading with zero fees. So, be sure to capitalize on the volatility surrounding BTC and ETH right now using our commission-free exchange that’s going to see liquidity 5x this month.

March 1, 2021
Digitex Futures

DGTX Minting Will 5x Liquidity on the DFE This Month

Digitex Futures
DGTX Minting Will 5x Liquidity on the DFE This Month 2

Unlike other cryptocurrency exchanges, Digitex Futures is unique in that all trading activity takes place in our native DGTX token. Our utility token actually has real use and isn’t just a hook for discounted trading fees or early investment opportunities. 

Digitex Futures provides traders with the only zero-fee Bitcoin and Ether futures platform in the space and, because we have our own native currency, we can mint new tokens to cover operational costs and increase liquidity on the exchange. 

This quarter’s mint will do exactly that – attracting more traders (and bigger size traders) who can take advantage of trading on highly liquid markets without paying a single fee. 

This Quarter’s DGTX Mint

We will be using the DGTX tokens from this quarter’s mint (March 1, 2021) predominantly for the purpose of market making and thus increasing liquidity on our two futures markets, BTCUSD and ETHUSD

Up until now, the average total of bids and offers on our BTC market is about 30,000 contracts. Following today’s mint, this will increase by at least 5x, meaning that the number of contracts of bids and asks will multiply by at least five times the current volume. 

It’s this ability to carry out market making on this scale, without having to charge our users commissions to pay professional market makers, that sets us apart from other exchanges. 

For those investors concerned that minting more tokens increases the supply and therefore dilutes the value of their existing tokens, we’d like to address your concerns. 

Just like Bitcoin, the DGTX supply is finite. We won’t carry on minting tokens forever. In fact, each quarter, fewer DGTX tokens are minted than the previous quarter, until finally, in 2028, the finite maximum cap of DGTX is reached. At this point, no more DGTX can ever be minted again for any reason. 

As we’ve seen from the biggest cryptocurrencies in the space, there is nothing intrinsically wrong with minting new coins or tokens (Bitcoin mines new coins every ten minutes and Ethereum every few seconds), as long as the tokens are used to benefit the entire ecosystem and there is a finite cap on the number that can be minted. 

DGTX Mint Schedule Is Public and Transparent

DGTX minting has always been at the core of our revenue model as stated in the initial whitepaper, and the DGTX minting schedule has now been posted on our CoinMarketCap page for a few months. This means that the market is fully aware of this schedule, and it is fully factored into the DGTX price.

We will use these minted tokens responsibility in order to increase liquidity and make our markets more attractive to more and bigger size traders. We firmly believe that by using these minted tokens in this manner, we can increase the demand for DGTX and make the token more attractive to HODLers, speculatores, and traders alike.

As a utility token that facilitates commission-free high-frequency trading strategies that aren’t possible on other fee-charging exchanges, the DGTX token will always have an intrinsic value for our users. Regardless of the current price, ever-increasing liquidity made possible by our minting schedule will attract more traders – as Adam has always said, liquidity begets liquidity.

And, minting tokens for the purpose of increasing liquidity will increase the intrinsic value of the DGTX token as a vehicle for high-frequency trading with zero fees. So, be sure to capitalize on the volatility surrounding BTC and ETH right now using our commission-free exchange that’s going to see liquidity 5x this month.

Latest News

The DGTX Mint Schedule 3

The DGTX Mint Schedule

Digitex Futures
• Digitex Futures
February 25, 2021

In December 2020, we revealed the DGTX mint schedule, which provides exact details of the timeline and amount of DGTX tokens that will be minted. Today, we wanted to provide you with a quick update, reminding you that the next minting period is coming up on March 1, 2021. We will be sticking to the schedule as stated, and on March 1, 290,000,000 million DGTX will be minted taking the total supply to 1,590,000,000 DGTX.

The DGTX Mint Schedule 4

Minting new DGTX tokens has always been our revenue model at Digitex Futures and these new tokens will be used to cover the costs of running our commission-free futures exchange. Aside from development, marketing and support, these costs will also include market making, building up the insurance fund and rewarding traders on our own exchange and on Uniswap for providing liquidity, all of which directly benefits DGTX holders by stimulating demand for the token.

We are not allocating a set amount of tokens to any specific program ahead of time. Instead, we will have a quarterly budget of tokens and we will decide how best to utilize those funds according to the needs of the exchange at the time.

If you have any questions about the DGTX Mint Schedule or anything else, please contact us via our 24/7 Live Chat function or by creating a support ticket. You can also follow our company socials for project updates and developments.

 

February 25, 2021
Digitex Futures

The DGTX Mint Schedule

Digitex Futures
The DGTX Mint Schedule 5

In December 2020, we revealed the DGTX mint schedule, which provides exact details of the timeline and amount of DGTX tokens that will be minted. Today, we wanted to provide you with a quick update, reminding you that the next minting period is coming up on March 1, 2021. We will be sticking to the schedule as stated, and on March 1, 290,000,000 million DGTX will be minted taking the total supply to 1,590,000,000 DGTX.

The DGTX Mint Schedule 6

Minting new DGTX tokens has always been our revenue model at Digitex Futures and these new tokens will be used to cover the costs of running our commission-free futures exchange. Aside from development, marketing and support, these costs will also include market making, building up the insurance fund and rewarding traders on our own exchange and on Uniswap for providing liquidity, all of which directly benefits DGTX holders by stimulating demand for the token.

We are not allocating a set amount of tokens to any specific program ahead of time. Instead, we will have a quarterly budget of tokens and we will decide how best to utilize those funds according to the needs of the exchange at the time.

If you have any questions about the DGTX Mint Schedule or anything else, please contact us via our 24/7 Live Chat function or by creating a support ticket. You can also follow our company socials for project updates and developments.

 

Latest News

Digitex Development - The Next Steps 7

Digitex Development – The Next Steps

Digitex Futures
• Digitex Futures
January 15, 2021

First of all, we’d like to thank you all for your patience over recent weeks. We really needed this time to regroup, come together, and thrash out a solid plan for our path forward. So, that may have meant being a little quieter than usual but it’s paid off because we’re ready to share the next steps with you. 

We’re confident about the road ahead which will lead us to a new and improved iteration of the exchange in the shortest timeframe possible. It’s less ambitious than originally planned but this is on purpose to ensure that we deliver real results and functionality – before we begin to build more from here.

Upgrading the Digitex Exchange

Keeping this in mind, we have already started to get to work on delivering key upgrades that will give the exchange a wider appeal. Here is what you can expect to see coming soon to the Digitex exchange:

  • A streamlined onboarding process for new users
  • 3 new spot markets enabling even more routes for buying and selling DGTX
  • Rewards system for market makers adding liquidity to the exchange
  • Credit card purchases of DGTX tokens
  • Instant conversions of multiple cryptocurrencies into DGTX
  • New and improved user interface and navigation

All these improved functions and additional features are easily in reach and will 10x the user experience on the exchange. Making DGTX available with a credit card will also help the user onboarding process, as will spot markets making buying DGTX easier than ever. 

The Social Platform

In parallel to the exchange upgrades, we have also been working on the social platform since early 2020. As you are aware, this went live in a beta version in December, and we’re pleased to say that we’re already making progress with a significant number of legitimate users signing up and using the platform to connect with others. We are encouraged by this and continue to focus on improving the platform. 

Mobile connectivity will be a significant growth enabler, given how many people prefer social networking on their phones. So we are currently working on mobile apps for both Android and iOS, which will be released later this year and we plan to continue growing and nurturing the user base over 2021.

Additional Comments

Much of the development groundwork for the exchange and social platform has already been completed. However, both need a few months of bug and traffic testing before they will be ready for active marketing. We’ll be providing you with updates as soon as they are completely ready to ship. 

Based on expert advice, we’ve had to make the difficult decision not to proceed with launching DUSD. We know that this will be disappointing to many of you, however, the reason for this is due to the evolving regulatory landscape around stablecoins and potential issues in bringing DUSD to market. 

Despite this setback, we remain committed to ensuring an optimal user experience for our traders and believe that the improved onboarding and fiat gateway will attract more attention to the Digitex exchange – as will the ability to earn rewards through market making on the exchange. 

Also, don’t forget that the DGTX Pool Rewards program is still live on Uniswap. We have added another 5 million DGTX to the pool this week and the APY is currently around 90% – a significant ROI. 

We remain as intent as ever to make the Digitex exchange a success and restore value to the DGTX token. Now that we have a clear path forward and can focus on the fundamental tasks ahead, we can begin to do this. If you have any questions, please let us know through the usual channels or contact us via our 24/7 Live Chat.

January 15, 2021
Digitex Futures

Digitex Development – The Next Steps

Digitex Futures
Digitex Development - The Next Steps 8

First of all, we’d like to thank you all for your patience over recent weeks. We really needed this time to regroup, come together, and thrash out a solid plan for our path forward. So, that may have meant being a little quieter than usual but it’s paid off because we’re ready to share the next steps with you. 

We’re confident about the road ahead which will lead us to a new and improved iteration of the exchange in the shortest timeframe possible. It’s less ambitious than originally planned but this is on purpose to ensure that we deliver real results and functionality – before we begin to build more from here.

Upgrading the Digitex Exchange

Keeping this in mind, we have already started to get to work on delivering key upgrades that will give the exchange a wider appeal. Here is what you can expect to see coming soon to the Digitex exchange:

  • A streamlined onboarding process for new users
  • 3 new spot markets enabling even more routes for buying and selling DGTX
  • Rewards system for market makers adding liquidity to the exchange
  • Credit card purchases of DGTX tokens
  • Instant conversions of multiple cryptocurrencies into DGTX
  • New and improved user interface and navigation

All these improved functions and additional features are easily in reach and will 10x the user experience on the exchange. Making DGTX available with a credit card will also help the user onboarding process, as will spot markets making buying DGTX easier than ever. 

The Social Platform

In parallel to the exchange upgrades, we have also been working on the social platform since early 2020. As you are aware, this went live in a beta version in December, and we’re pleased to say that we’re already making progress with a significant number of legitimate users signing up and using the platform to connect with others. We are encouraged by this and continue to focus on improving the platform. 

Mobile connectivity will be a significant growth enabler, given how many people prefer social networking on their phones. So we are currently working on mobile apps for both Android and iOS, which will be released later this year and we plan to continue growing and nurturing the user base over 2021.

Additional Comments

Much of the development groundwork for the exchange and social platform has already been completed. However, both need a few months of bug and traffic testing before they will be ready for active marketing. We’ll be providing you with updates as soon as they are completely ready to ship. 

Based on expert advice, we’ve had to make the difficult decision not to proceed with launching DUSD. We know that this will be disappointing to many of you, however, the reason for this is due to the evolving regulatory landscape around stablecoins and potential issues in bringing DUSD to market. 

Despite this setback, we remain committed to ensuring an optimal user experience for our traders and believe that the improved onboarding and fiat gateway will attract more attention to the Digitex exchange – as will the ability to earn rewards through market making on the exchange. 

Also, don’t forget that the DGTX Pool Rewards program is still live on Uniswap. We have added another 5 million DGTX to the pool this week and the APY is currently around 90% – a significant ROI. 

We remain as intent as ever to make the Digitex exchange a success and restore value to the DGTX token. Now that we have a clear path forward and can focus on the fundamental tasks ahead, we can begin to do this. If you have any questions, please let us know through the usual channels or contact us via our 24/7 Live Chat.

Latest News

Digitex Welcomes 2021 - An Epic Year for Crypto 9

Digitex Welcomes 2021 – An Epic Year for Crypto

Digitex City
Digitex Futures
• Digitex Futures
January 8, 2021

It’s hard to believe that the first week of 2021 is coming to an end – and what a week it has been. As we write these words, BTC has blasted past $41K, ETH is setting its sights on its all-time high, and interest in cryptocurrencies has never been more pronounced. 2021 certainly looks to be an epic year for crypto – and Digitex will be no exception.

We’ve started the year off quietly and calmly and we know this is uncharacteristic of us. But we want to let all our supporters know that we’re serious about making Digitex succeed and we’re putting our best effort in to make that happen.

Instead of focusing on what’s to come and perhaps raising expectations or inciting debates, we’ll be letting you know about the upgrades and improvements as soon as they are ready to ship. Our number one priority right now is resolving the problem of DGTX volatility when trading on the platform – as well as how to ensure that the DGTX token returns value for its holders. 

We’re also looking at how to move forward with upgrades to Digitex and bring them to market in the most effective way. 

Alive and Kicking and Constantly Improving

As you can see from our socials, tickets, and 24/7 support, we’re all still very much here, and your support and faith in the project matter more to us than ever. So, please bear with us while we work to deliver the upgrades and functionality you deserve that will take the exchange to the next level. In the coming weeks and months, we’ll be sharing plenty of good news with you. But learning from our past, we’re not going to put clear dates on releases this time around.

So, while it may feel as if we’re taking a break or not working on the project, we can assure you that nothing could be further from the truth. This quiet period allows us to ensure that when we next communicate good news to you, you can immediately see the results live and working and flawlessly tested.

In the meantime, don’t forget that the Digitex Futures exchange is still operating – and what an incredible time to trade BTC futures! With the savage volatility right, the opportunities for scalping are endless and there are plenty of gains to be made. So, be sure to take advantage of our rapid-fire trading ladder and zero-fee model as BTC continues to assert itself as a worthy alternative asset class.

If you have any questions, feel free to reach out to us via support, chat, or on any of our socials. We’re available around the clock and looking forward to an epic year for crypto and for Digitex as well.

January 8, 2021
Digitex City
Digitex Futures

Digitex Welcomes 2021 – An Epic Year for Crypto

Digitex Futures
Digitex Welcomes 2021 - An Epic Year for Crypto 10

It’s hard to believe that the first week of 2021 is coming to an end – and what a week it has been. As we write these words, BTC has blasted past $41K, ETH is setting its sights on its all-time high, and interest in cryptocurrencies has never been more pronounced. 2021 certainly looks to be an epic year for crypto – and Digitex will be no exception.

We’ve started the year off quietly and calmly and we know this is uncharacteristic of us. But we want to let all our supporters know that we’re serious about making Digitex succeed and we’re putting our best effort in to make that happen.

Instead of focusing on what’s to come and perhaps raising expectations or inciting debates, we’ll be letting you know about the upgrades and improvements as soon as they are ready to ship. Our number one priority right now is resolving the problem of DGTX volatility when trading on the platform – as well as how to ensure that the DGTX token returns value for its holders. 

We’re also looking at how to move forward with upgrades to Digitex and bring them to market in the most effective way. 

Alive and Kicking and Constantly Improving

As you can see from our socials, tickets, and 24/7 support, we’re all still very much here, and your support and faith in the project matter more to us than ever. So, please bear with us while we work to deliver the upgrades and functionality you deserve that will take the exchange to the next level. In the coming weeks and months, we’ll be sharing plenty of good news with you. But learning from our past, we’re not going to put clear dates on releases this time around.

So, while it may feel as if we’re taking a break or not working on the project, we can assure you that nothing could be further from the truth. This quiet period allows us to ensure that when we next communicate good news to you, you can immediately see the results live and working and flawlessly tested.

In the meantime, don’t forget that the Digitex Futures exchange is still operating – and what an incredible time to trade BTC futures! With the savage volatility right, the opportunities for scalping are endless and there are plenty of gains to be made. So, be sure to take advantage of our rapid-fire trading ladder and zero-fee model as BTC continues to assert itself as a worthy alternative asset class.

If you have any questions, feel free to reach out to us via support, chat, or on any of our socials. We’re available around the clock and looking forward to an epic year for crypto and for Digitex as well.

Latest News

8 Reasons It’s Easier to Profit on the Digitex Exchange  11

8 Reasons It’s Easier to Profit on the Digitex Exchange 

Digitex Futures
• Digitex Futures
November 25, 2020

Whether you’ve been following our project for a while now or you’re new to Digitex, the key thing you should know is that making money on our exchange is easier than on any other platform. As the only commission-free futures exchange operating with a native token, Digitex enables highly aggressive short-term trading strategies such as scalping that are simply impossible anywhere else in the space. Check out these 10 features that make Digitex uniquely better than the rest–and easier to make consistent profits.

1. One-Click Trade Submission

While Digitex’s secret sauce lies in the removal of commission fees, its one-click trading ladder interface adds to its unique value proposition. Widely used in traditional futures trading, Digitex is showing the crypto space just how much easier trading can be when you reduce the number of keystrokes and mouse movements. 

When you’re looking to capitalize on the smallest of fluctuations in price and time is of the essence, the trading ladder allows for rapid-fire submission and speed of execution, guaranteeing you place more trades and maximize profits. 

Not only that but traders can actually visualize the price action, get in the zone, smash bids and lift asks because there are no taker fees. This means that they can get out of losing positions simply by hitting other people’s bids or asks without worrying about taker fees. This factor alone is a game-changing aspect and the difference between winning and losing.

2. Unlimited Scalping Opportunities

With zero commissions, the Digitex exchange offers unlimited scalping opportunities that allow disciplined traders to rack up multiple small profits over time. This is particularly key when the markets are frothy and volatility is higher than usual. 

With the constant leaps and pullbacks going on in BTC and ETH right now, there are literally endless chances to make single-tick profits on Digitex throughout the day. It’s 24/7 uninterrupted going up and down. 

Remember, on any other exchange in the industry, this type of trading simply isn’t worth it–after you’ve paid out commissions on your profits, you may even see winning trades turn into losing ones!

3. Cashing Out Is Easier Than Ever

It’s easier than ever before to cash out now that DGTX has been listed on Uniswap, the world’s largest decentralized exchange. Our market there now has an order book worth $1.5 million of DGTX and ETH, making it very easy to buy and sell large amounts of DGTX. This makes it more attractive to bigger traders knowing that they can easily make profits and come in and out quickly.

4. Digitex Was Designed by a Pro Trader

Unlike the myriad of other exchanges on the market that have frankly intolerable user interfaces and were designed with the only goal of taking profits from their users, the Digitex exchange has been designed by a pro trader. Not only is the user experience high-octane fast-paced and utterly intuitive but traders have a fair chance of winning as there is no house edge working against them. Zero fees make Digitex unlike any other futures exchange out there and create a truly level playing field for the very first time. 

5. Liquidity Mining Programs

The very best part of growing our user base is the fact that it’s the users themselves that are incentivized to create liquidity on all our markets through our liquidity mining programs. Traders get rewards in return for expending resources and creating liquidity on our markets.

These rewards will guarantee that we achieve the liquidity needed to have busy and attractive markets out of the gate while allowing users to rack up consistent profit. We can also keep the exchange free from professional market makers benefiting from preferential practices, allowing Digitex to maintain a level playing field for all.

6. Trade 24/7 with User-Programmable Bots

Not only will we be rewarding users by the minute for lending liquidity, but they can also take maximum advantage of this and set our user-programmable bots to run 24/7 to provide liquidity to all the markets. They can also maximize their trading strategies and profits with easy-to-use configurable bots that trade around the clock.

7. Network Effect Is Coming Soon

To the traders who trade on Digitex daily and know how good it is (we see you bragging about your winnings on Telegram!), we know you’re wondering why the rest of the trading world still hasn’t uncovered this gem of an exchange. Fear not, these things take time.

 In the meantime, you can take advantage of mad liquidity on the exchange through our frequent market maker losses campaigns, currently happening on our forex markets this week.

8. We’re Approaching Our 1-Year Anniversary Since Testnet

They say that time flies when you’re having fun and we know how much you’ve been enjoying trading on the platform! Can you believe that we’re already approaching our one-year anniversary since the launch of our testnet? Today, we’re steadily adding new markets and growing our userbase (which is happily raking in daily profits). Just think about where we’ll be this time next year!

Closing Thoughts

You can see for yourself that Digitex is truly unique in the space and brings so much more to the table than your run-of-the-mill fee-charging exchange. Now that the markets are soaring and volatility is high, it’s the best possible time to scalp trade on Digitex and accumulate gains on even the smallest movements–while keeping 100% of your profits. 

November 25, 2020
Digitex Futures

8 Reasons It’s Easier to Profit on the Digitex Exchange 

Digitex Futures
8 Reasons It’s Easier to Profit on the Digitex Exchange  12

Whether you’ve been following our project for a while now or you’re new to Digitex, the key thing you should know is that making money on our exchange is easier than on any other platform. As the only commission-free futures exchange operating with a native token, Digitex enables highly aggressive short-term trading strategies such as scalping that are simply impossible anywhere else in the space. Check out these 10 features that make Digitex uniquely better than the rest–and easier to make consistent profits.

1. One-Click Trade Submission

While Digitex’s secret sauce lies in the removal of commission fees, its one-click trading ladder interface adds to its unique value proposition. Widely used in traditional futures trading, Digitex is showing the crypto space just how much easier trading can be when you reduce the number of keystrokes and mouse movements. 

When you’re looking to capitalize on the smallest of fluctuations in price and time is of the essence, the trading ladder allows for rapid-fire submission and speed of execution, guaranteeing you place more trades and maximize profits. 

Not only that but traders can actually visualize the price action, get in the zone, smash bids and lift asks because there are no taker fees. This means that they can get out of losing positions simply by hitting other people’s bids or asks without worrying about taker fees. This factor alone is a game-changing aspect and the difference between winning and losing.

2. Unlimited Scalping Opportunities

With zero commissions, the Digitex exchange offers unlimited scalping opportunities that allow disciplined traders to rack up multiple small profits over time. This is particularly key when the markets are frothy and volatility is higher than usual. 

With the constant leaps and pullbacks going on in BTC and ETH right now, there are literally endless chances to make single-tick profits on Digitex throughout the day. It’s 24/7 uninterrupted going up and down. 

Remember, on any other exchange in the industry, this type of trading simply isn’t worth it–after you’ve paid out commissions on your profits, you may even see winning trades turn into losing ones!

3. Cashing Out Is Easier Than Ever

It’s easier than ever before to cash out now that DGTX has been listed on Uniswap, the world’s largest decentralized exchange. Our market there now has an order book worth $1.5 million of DGTX and ETH, making it very easy to buy and sell large amounts of DGTX. This makes it more attractive to bigger traders knowing that they can easily make profits and come in and out quickly.

4. Digitex Was Designed by a Pro Trader

Unlike the myriad of other exchanges on the market that have frankly intolerable user interfaces and were designed with the only goal of taking profits from their users, the Digitex exchange has been designed by a pro trader. Not only is the user experience high-octane fast-paced and utterly intuitive but traders have a fair chance of winning as there is no house edge working against them. Zero fees make Digitex unlike any other futures exchange out there and create a truly level playing field for the very first time. 

5. Liquidity Mining Programs

The very best part of growing our user base is the fact that it’s the users themselves that are incentivized to create liquidity on all our markets through our liquidity mining programs. Traders get rewards in return for expending resources and creating liquidity on our markets.

These rewards will guarantee that we achieve the liquidity needed to have busy and attractive markets out of the gate while allowing users to rack up consistent profit. We can also keep the exchange free from professional market makers benefiting from preferential practices, allowing Digitex to maintain a level playing field for all.

6. Trade 24/7 with User-Programmable Bots

Not only will we be rewarding users by the minute for lending liquidity, but they can also take maximum advantage of this and set our user-programmable bots to run 24/7 to provide liquidity to all the markets. They can also maximize their trading strategies and profits with easy-to-use configurable bots that trade around the clock.

7. Network Effect Is Coming Soon

To the traders who trade on Digitex daily and know how good it is (we see you bragging about your winnings on Telegram!), we know you’re wondering why the rest of the trading world still hasn’t uncovered this gem of an exchange. Fear not, these things take time.

 In the meantime, you can take advantage of mad liquidity on the exchange through our frequent market maker losses campaigns, currently happening on our forex markets this week.

8. We’re Approaching Our 1-Year Anniversary Since Testnet

They say that time flies when you’re having fun and we know how much you’ve been enjoying trading on the platform! Can you believe that we’re already approaching our one-year anniversary since the launch of our testnet? Today, we’re steadily adding new markets and growing our userbase (which is happily raking in daily profits). Just think about where we’ll be this time next year!

Closing Thoughts

You can see for yourself that Digitex is truly unique in the space and brings so much more to the table than your run-of-the-mill fee-charging exchange. Now that the markets are soaring and volatility is high, it’s the best possible time to scalp trade on Digitex and accumulate gains on even the smallest movements–while keeping 100% of your profits. 

Latest News

BTC and ETH Are on a Tear! What's Driving the Rally? 13

BTC and ETH Are on a Tear! What’s Driving the Rally?

Digitex Futures
• Digitex Futures
November 24, 2020

2020 may have had its ups and downs but as we enter the final stages, excitement is growing in the crypto space as BTC and ETH continue their exciting tear. As the number-one cryptocurrency pierces the $19K mark for the first time since 2017 and ETH registers a YTD performance of more than 365%, what’s driving this impressive rally and, more importantly, is it set to continue? 

Bitcoin’s Eventful 2020

Remember back in March this year when the stock markets collapsed in the face of the pandemic and BTC nosedived to the $3K range? Dark times indeed. The naysayers spoke of how bitcoin had lost its “digital gold” status. Many analysts pointed out that it was more correlated to the stock market than we previously thought. And plenty of others wondered how BTC would hold up if prices languished so low ahead of the halving.

But what we’ve seen this year from bitcoin is really just the crypto asset responding in exactly the types of market conditions it was created for. Not only did it show remarkable price resilience as the economic fallout and uncertainty from the pandemic continued but its supply getting scarcer at a time when central banks’ money printing is way beyond control creates the perfect stage for bitcoin.

People are beginning to question money creation for the first time and understand that injecting trillions of dollars into the system inevitably means that they are being taxed through rising prices and eventual inflation.

Against this backdrop, we began to see widespread institutional acceptance and buy-in from veteran traders and macro investors who finally recognized bitcoin’s worth. We saw the fundamentals improve, the hash rate increase, the infrastructure continue to be built out, behemoth players like Paypal offering crypto payment services, and publicly traded companies like Microstrategy and Square adding BTC to their balance sheets. 

And the price started to breakout.

Factors Pushing Up BTC Price Right Now

BTC and ETH Are on a Tear! What's Driving the Rally? 14

It almost seems inevitable then that bitcoin would continue to climb against the backdrop of struggling fiat currency and increasing and widespread adoption. 

According to quant trader Sam Trabucco referenced in Cointelegraph, beyond this increased buy-in from institutions and household names, the main factors behind this latest run are a greater accumulation by BTC whales, the inpouring of other crypto assets back into BTC, and the global macro environment. 

For sure, the 2020 bull run is different from 2017. BTC may be knocking on the door of its previous ATH but it’s reached this price point not through retail FOMO. In fact, only just about now are we beginning to see interest in cryptocurrencies reawaken in the general public as the performance of bitcoin captures their imaginations once again. 

More interesting is the trend of whale accumulation of BTC by large market players that don’t immediately sell – signaling that they’re bullish on the market and forming what is known as “whale clusters,” as you can see below from Whalechart.io‘s hourly map of unspent bitcoins. 

BTC and ETH Are on a Tear! What's Driving the Rally? 15

The cooling down of the DeFi movement also saw Bitcoin gaining real legs as many funds that were invested elsewhere started flowing back into bitcoin. That’s a lot of increased funds coming from large players and whales as well as altcoin traders.

We’re seeing more institutional buy-in, legitimization and endorsement from big banks, hedge funds, and tech companies; large participants quickly buying up all the bitcoin dips and holding, and the wider macro market also providing the perfect conditions as investors worried about inflation start moving parts of their portfolios into bitcoin. 

So, will it last? Back in February this year, Digitex asked the question of whether the halving would unleash a new bull market and concluded that, while predictions were impossible to make, it was likely that we would see a significant rally. Moreover, going by past performance in which the post-halving bull run lasted for 15 months, BTC’s price could reach its height between mid-to-late 2021.

What About ETH?

ETH too is putting in a stellar performance. Its market cap may be dwarfed by bitcoin at $68 billion compared to $355 billion but its YTD has run circles around BTC (168% compared to 365%). With ETH price recently piercing $600, Ethereum bulls are buckling up. What’s fueling ETH’s price and will it continue?

Everyone in the crypto space has been captivated by the massive interest in DeFi in 2020. With almost 7 million ETH locked into DeFi’s top protocols and the lion’s share of DeFi’s protocols built on Ethereum, the gaining momentum has certainly been good for its price. Yet, as many DeFi tokens see a cooling off, ETH is on a tear.

BTC and ETH Are on a Tear! What's Driving the Rally? 16

There has been massive speculation in the community about ETH 2.0 and some concern over whether its project launch date for Dec 1 would be postponed again. But with the news coming out just over 12 hours ago that, with only nine hours remaining, Ethereum’s deposit contract had met its threshold of 524,288 Ether, ETH 2.0’s beacon chain genesis is firmly locked for the slated date.

ETH 2.0 isn’t going to be a panacea to DeFi’s problems overnight and it will be gradually rolled out in stages. But its aim to provide scalability and sustainability as it transforms to Proof of Stake (PoS) means that it could one day have a real chance of supporting large scale DeFi applications and banking the unbanked. The outlook for Ethereum long-term is encouraging, even if it may take longer to get there than some would like.

Just like Bitcoin, ETH has also seen a growth in interest from institutions with many banding together to help forward the development of the DeFi space including major names like TD Ameritrade, Arca, and CMT Digita. Arca even achieved approval from the SEC in July to trade an Ethereum-based fund; the first of its kind and a major milestone for the whole industry.

So, will the ETH rally continue? With the official kickoff date for ETH 2.0 reconfirmed, it’s quite possible that ETH price will continue to climb; but whether it will hold interest after the first version comes out remains to be seen. It’s been forewarned on many occasions that ETH 2.0 won’t start off with PoS or a massively high TPS. But many people investing in the hype may be disappointed to find it falling short of what they expected.

That said, if this year’s bull run follows the footsteps of 2016/17, Bitcoin’s gaining protagonism in the media and increased buy-in from all types of traders from institutional to retail will see interest shining on other cryptocurrencies as well. This will serve to buoy ETH’s price and the whole crypto market cap as a rising tide lifts all boats.

Whichever way BTC and ETH go, remember that you can make money trading futures–especially on the Digitex exchange that removes commission fees and allows for highly aggressive trading strategies that let you capitalize on the smallest of price fluctuations. 

Stock up on DGTX now to take advantage of the mad volatility on the top two cryptocurrencies. And don’t forget about the market maker madness event this week on our forex markets creating deep liquidity and tight bid-ask spreads. Happy trading everyone!

November 24, 2020
Digitex Futures

BTC and ETH Are on a Tear! What’s Driving the Rally?

Digitex Futures
BTC and ETH Are on a Tear! What's Driving the Rally? 17

2020 may have had its ups and downs but as we enter the final stages, excitement is growing in the crypto space as BTC and ETH continue their exciting tear. As the number-one cryptocurrency pierces the $19K mark for the first time since 2017 and ETH registers a YTD performance of more than 365%, what’s driving this impressive rally and, more importantly, is it set to continue? 

Bitcoin’s Eventful 2020

Remember back in March this year when the stock markets collapsed in the face of the pandemic and BTC nosedived to the $3K range? Dark times indeed. The naysayers spoke of how bitcoin had lost its “digital gold” status. Many analysts pointed out that it was more correlated to the stock market than we previously thought. And plenty of others wondered how BTC would hold up if prices languished so low ahead of the halving.

But what we’ve seen this year from bitcoin is really just the crypto asset responding in exactly the types of market conditions it was created for. Not only did it show remarkable price resilience as the economic fallout and uncertainty from the pandemic continued but its supply getting scarcer at a time when central banks’ money printing is way beyond control creates the perfect stage for bitcoin.

People are beginning to question money creation for the first time and understand that injecting trillions of dollars into the system inevitably means that they are being taxed through rising prices and eventual inflation.

Against this backdrop, we began to see widespread institutional acceptance and buy-in from veteran traders and macro investors who finally recognized bitcoin’s worth. We saw the fundamentals improve, the hash rate increase, the infrastructure continue to be built out, behemoth players like Paypal offering crypto payment services, and publicly traded companies like Microstrategy and Square adding BTC to their balance sheets. 

And the price started to breakout.

Factors Pushing Up BTC Price Right Now

BTC and ETH Are on a Tear! What's Driving the Rally? 18

It almost seems inevitable then that bitcoin would continue to climb against the backdrop of struggling fiat currency and increasing and widespread adoption. 

According to quant trader Sam Trabucco referenced in Cointelegraph, beyond this increased buy-in from institutions and household names, the main factors behind this latest run are a greater accumulation by BTC whales, the inpouring of other crypto assets back into BTC, and the global macro environment. 

For sure, the 2020 bull run is different from 2017. BTC may be knocking on the door of its previous ATH but it’s reached this price point not through retail FOMO. In fact, only just about now are we beginning to see interest in cryptocurrencies reawaken in the general public as the performance of bitcoin captures their imaginations once again. 

More interesting is the trend of whale accumulation of BTC by large market players that don’t immediately sell – signaling that they’re bullish on the market and forming what is known as “whale clusters,” as you can see below from Whalechart.io‘s hourly map of unspent bitcoins. 

BTC and ETH Are on a Tear! What's Driving the Rally? 19

The cooling down of the DeFi movement also saw Bitcoin gaining real legs as many funds that were invested elsewhere started flowing back into bitcoin. That’s a lot of increased funds coming from large players and whales as well as altcoin traders.

We’re seeing more institutional buy-in, legitimization and endorsement from big banks, hedge funds, and tech companies; large participants quickly buying up all the bitcoin dips and holding, and the wider macro market also providing the perfect conditions as investors worried about inflation start moving parts of their portfolios into bitcoin. 

So, will it last? Back in February this year, Digitex asked the question of whether the halving would unleash a new bull market and concluded that, while predictions were impossible to make, it was likely that we would see a significant rally. Moreover, going by past performance in which the post-halving bull run lasted for 15 months, BTC’s price could reach its height between mid-to-late 2021.

What About ETH?

ETH too is putting in a stellar performance. Its market cap may be dwarfed by bitcoin at $68 billion compared to $355 billion but its YTD has run circles around BTC (168% compared to 365%). With ETH price recently piercing $600, Ethereum bulls are buckling up. What’s fueling ETH’s price and will it continue?

Everyone in the crypto space has been captivated by the massive interest in DeFi in 2020. With almost 7 million ETH locked into DeFi’s top protocols and the lion’s share of DeFi’s protocols built on Ethereum, the gaining momentum has certainly been good for its price. Yet, as many DeFi tokens see a cooling off, ETH is on a tear.

BTC and ETH Are on a Tear! What's Driving the Rally? 20

There has been massive speculation in the community about ETH 2.0 and some concern over whether its project launch date for Dec 1 would be postponed again. But with the news coming out just over 12 hours ago that, with only nine hours remaining, Ethereum’s deposit contract had met its threshold of 524,288 Ether, ETH 2.0’s beacon chain genesis is firmly locked for the slated date.

ETH 2.0 isn’t going to be a panacea to DeFi’s problems overnight and it will be gradually rolled out in stages. But its aim to provide scalability and sustainability as it transforms to Proof of Stake (PoS) means that it could one day have a real chance of supporting large scale DeFi applications and banking the unbanked. The outlook for Ethereum long-term is encouraging, even if it may take longer to get there than some would like.

Just like Bitcoin, ETH has also seen a growth in interest from institutions with many banding together to help forward the development of the DeFi space including major names like TD Ameritrade, Arca, and CMT Digita. Arca even achieved approval from the SEC in July to trade an Ethereum-based fund; the first of its kind and a major milestone for the whole industry.

So, will the ETH rally continue? With the official kickoff date for ETH 2.0 reconfirmed, it’s quite possible that ETH price will continue to climb; but whether it will hold interest after the first version comes out remains to be seen. It’s been forewarned on many occasions that ETH 2.0 won’t start off with PoS or a massively high TPS. But many people investing in the hype may be disappointed to find it falling short of what they expected.

That said, if this year’s bull run follows the footsteps of 2016/17, Bitcoin’s gaining protagonism in the media and increased buy-in from all types of traders from institutional to retail will see interest shining on other cryptocurrencies as well. This will serve to buoy ETH’s price and the whole crypto market cap as a rising tide lifts all boats.

Whichever way BTC and ETH go, remember that you can make money trading futures–especially on the Digitex exchange that removes commission fees and allows for highly aggressive trading strategies that let you capitalize on the smallest of price fluctuations. 

Stock up on DGTX now to take advantage of the mad volatility on the top two cryptocurrencies. And don’t forget about the market maker madness event this week on our forex markets creating deep liquidity and tight bid-ask spreads. Happy trading everyone!

Latest News

DGTX Rewards Currently Pays Over 125% APY 21

DGTX Rewards Currently Pays Over 125% APY

Digitex Futures
• Digitex Futures
November 19, 2020

Hey, Digitex community! We thought you’d like to hear some exciting news about the progress of the DGTX Rewards Program so far. In just two days, we’re already offering one of the highest APYs in the industry. If you’ve deposited DGTX into your rewards wallet, you’re already making over 125% APY — and this is only the beginning! 

Digitex will have plenty more rewards programs and opportunities to earn DGTX. In fact, we believe that Digitex will become ‘the’ ultimate place to find opportunities to make your crypto work for you.

The DGTX Rewards Program

As you can see from the screenshot below, the current APY is a staggering 128.07% Just compare that to the rate of return you’d get from storing your savings in a bank right now! With interest rates hovering around zero, there’s never been a worse time for savers to keep their hard-earned cash in fiat currency. 

DGTX Rewards Currently Pays Over 125% APY 22

Decentralized Finance (DeFi) and protocols like Uniswap are offering a really attractive alternative to traditional finance right now without users having to assume the high risks associated with crypto trading–and the DGTX Rewards Program is currently offering one of the highest returns on your staked tokens than any other protocol.

Our market on Uniswap is getting super busy and liquid with 21.4 million DGTX deposited and more than $1 million already deposited into the DGTX Rewards wallet. We’re really pleased with the progress that the rewards program is making so far as it shows confidence in our project and confirms what we already know–that Digitex has the smartest savviest and most switched-on community in the crypto space!

Have you joined the DGTX Rewards Program yet? If you haven’t, what are you waiting for? Remember, there are 5 million DGTX to be given way during the first month so the quicker you sign up the more money you’ll make! And be sure to spread the word. Let’s get ultra-cool T-shirts and plenty of DGTX rewards for everyone.

November 19, 2020
Digitex Futures

DGTX Rewards Currently Pays Over 125% APY

Digitex Futures
DGTX Rewards Currently Pays Over 125% APY 23

Hey, Digitex community! We thought you’d like to hear some exciting news about the progress of the DGTX Rewards Program so far. In just two days, we’re already offering one of the highest APYs in the industry. If you’ve deposited DGTX into your rewards wallet, you’re already making over 125% APY — and this is only the beginning! 

Digitex will have plenty more rewards programs and opportunities to earn DGTX. In fact, we believe that Digitex will become ‘the’ ultimate place to find opportunities to make your crypto work for you.

The DGTX Rewards Program

As you can see from the screenshot below, the current APY is a staggering 128.07% Just compare that to the rate of return you’d get from storing your savings in a bank right now! With interest rates hovering around zero, there’s never been a worse time for savers to keep their hard-earned cash in fiat currency. 

DGTX Rewards Currently Pays Over 125% APY 24

Decentralized Finance (DeFi) and protocols like Uniswap are offering a really attractive alternative to traditional finance right now without users having to assume the high risks associated with crypto trading–and the DGTX Rewards Program is currently offering one of the highest returns on your staked tokens than any other protocol.

Our market on Uniswap is getting super busy and liquid with 21.4 million DGTX deposited and more than $1 million already deposited into the DGTX Rewards wallet. We’re really pleased with the progress that the rewards program is making so far as it shows confidence in our project and confirms what we already know–that Digitex has the smartest savviest and most switched-on community in the crypto space!

Have you joined the DGTX Rewards Program yet? If you haven’t, what are you waiting for? Remember, there are 5 million DGTX to be given way during the first month so the quicker you sign up the more money you’ll make! And be sure to spread the word. Let’s get ultra-cool T-shirts and plenty of DGTX rewards for everyone.

Latest News

The DGTX Rewards Program is Live! 25

The DGTX Rewards Program is Live!

Digitex Futures
• Digitex Futures
November 17, 2020

Are you ready to make your DGTX work for you and earn generous rewards simply by providing liquidity to our token pool on Uniswap? Great! Because that moment has finally arrived. We’re excited to announce that the DGTX Rewards program is now officially live and it couldn’t be easier to make a passive income from your holdings. Read on to find out how you can start accumulating income now. There’s also a step-by-step tutorial video by Adam and detailed instructions to help you get started.

Earn DGTX Rewards in 3 Simple Steps

You can start yield farming DGTX on Uniswap for incredible rewards by following the three simple steps below. If you need a little extra guidance, please keep reading through to the detailed instructions at the bottom: 

1. Stock Up on DGTX

In order to earn rewards on your DGTX holdings, you’ll obviously need to have some DGTX holdings in the first place. If you want to buy your first DGTX or simply want to add to your stash, you have several easy options. You can either buy DGTX directly from us in a simple, instant, and trustless transaction from the Digitex Treasury, or you can visit one of our exchange partners like KuCoin. Or you can buy DGTX from Uniswap.

2. Visit Uniswap to Create Your Pool Token

Now that you have your DGTX ready to go, you’ll need to head over to Uniswap, the world’s largest decentralized exchange, and create your DGTXETH pool token by depositing an equal value of DGTX and ETH into the DGTX/ETH market. You can watch Adam doing this in the explainer video below.

3. Connect Your Metamask Wallet and Deposit Your Pool Tokens

Once you have created your pool token, you’ll need to connect your Metamask wallet and deposit your pool token into the designated DGTX Rewards wallet. Again, for full instructions, please watch the video a little further down in this article.

Now, you can sit back and watch your DGTX pool rewards accumulate with one of the highest ROIs in the industry!

Start Earning DGTX Rewards Today

Starting today for the first month only, we’re offering a massive total of 5 million DGTX (worth around $175,000 at the current price). This makes the DGTX Rewards Program one of the most profitable in the industry. You also don’t have to worry about investing in a brand-new token or bootstrapped DeFi protocol that may disappear overnight. Digitex is a three-year-old project with massive upside potential and many new changes coming over the next few weeks.

If you’re new to Uniswap or you need a little more guidance as to how to create your pool token and accumulate your rewards, be sure to check out Adam’s tutorial video here. There are also step-by-step written instructions to help you further. 

How Do I Get Started Staking DGTX Tokens?

You start from inside your DGTX Rewards Program interface, which is now live here. Please note, DGTX pool tokens are best supported by the Metamask ERC20 token wallet, which can be easily downloaded and installed from metamask.io. If you don’t already have one, it’s just a wallet that you can easily add to your browser. Follow the simple prompts from Metamask as to how to download, secure, and back your wallet up.

Now that your Metamask is all ready to go, you’ll need to connect it from within the DGTX Rewards Program interface at the top right. Simply click, “Connect Metamask” and follow the instructions.

To stake your DGTX tokens, you must deposit both DGTX and an equivalent amount of ETH into Uniswap, which will generate special UNI-V2 liquidity pool tokens for that market and place them in your Metamask wallet. You can do this all from within your DGTX Rewards Program interface. 

Simply click “Deposit” and follow the instructions.

1. Deposit ETH and DGTX into Uniswap V2

To get pool tokens, you must deposit an equal amount of DGTX and ETH to the Uniswap market. This means that you will provide liquidity on that market and receive a pool token in return which you will deposit into your DGTX Rewards wallet to earn your rewards. 

First of all, you will need to enter the amount of ETH that you want to deposit and it will automatically show you how much DGTX you need to deposit as well. In the video, Adam deposits 0.5 ether and the DGTX field auto-populates with 7105.62 DGTX. You can also see this from the screenshots below.

Click on “Supply.” And then, as this is a blockchain transaction, you will need to confirm it. Simply click “Confirm Supply” in the interface and then again in the Metamask dropdown. You have now added your liquidity to Uniswap.

The DGTX Rewards Program is Live! 26

The DGTX Rewards Program is Live! 27

2. Receive UNI-V2 Tokens

The UNI-V2 liquidity pool tokens are tokens representing your ETH and DGTX that are created in the Uniswap transaction. These new tokens will automatically be deposited into your Metamask wallet once you hit “Confirm Supply” and the transaction successfully processes.

If you want to check the status of the transaction, you can look at “activity” in your Metamask wallet. You can also open up Etherscan to see the pending transaction. You will then see how many pool tokens you have received in return. In Adam’s case, he has received 58 Uniswap V2 pool tokens. 

The DGTX Rewards Program is Live! 28

The DGTX Rewards Program is Live! 29

3. Stake Your UNI-V2 LP Tokens in the Rewards Wallet

Next, head back to your DGTX Rewards Program dashboard and hit refresh. You can now add your pool tokens to the rewards wallet to begin earning DGTX rewards. You decide on the amount that you wish to enter or simply click on “Max Available” to deposit all of your pool tokens, and then click “Deposit” again at the bottom of the screen. 

You will need to confirm the ETH transaction in Metamask, and then your transaction will be submitted to the blockchain to be mined and deposited.

The DGTX Rewards Program is Live! 30

The DGTX Rewards Program is Live! 31

The DGTX Rewards Program is Live! 32

You can see all the key information that you need to know inside your interface including how many tokens you have, rewards accrued, the APY, and the reward multiplier. The reward multiplier starts at 1x but the longer you leave your pool tokens in, the more this will increase, so it’s worth staking your tokens for a longer time to earn increased rewards.

However, you can withdraw your tokens at any time. To do this, simply click on “withdraw,” and you will receive the number of pool tokens you wish to withdraw as well as your DGTX rewards in the same transaction. You will be asked if you are sure you don’t want to keep your tokens in to earn more rewards, but if you want to withdraw, simply click “withdraw anyway”, confirm the transaction, and look for this wallet address: 0xf4ef707f3f4166cc79af15959014dbe0ecd7efa3. 

Again, you can see all details of the transaction on Etherscan right away. Your tokens will go to your Metamask wallet.

How Are Your Rewards Calculated?

As mentioned, the more you stake and the longer you stake, the more rewards you will receive. However, keep in mind that your pool share is calculated proportionally and is relative to others in the program. Your ownership of the unlocked pool is calculated by:

How long you have staked your tokens / Global staking token time

So, let’s imagine that there were just two users in the program. You stake 10 tokens for one day while the other use stakes 5 tokens for three days. Your total staking time for 1 day is 10 tokens, while the other users’ is 15 tokens. The total staking token time is 25 and your share is calculated like this:

10 / 25 = 40%

The other user’s pool share is calculated with the same method:

15 / 25 = 60%

If you were the only participant in the program, you would earn 100% of the pool rewards. You will notice, then, that your accrued rewards fluctuate depending on how many people join the program.

If you have further questions, connect with one of our helpful customer service agents through our 24/7 Live Chat feature, or join in the conversation on Digitex’s lively Telegram group. Don’t forget that there’s 5 million DGTX being given away over the next 30 days, so get started now!

Also, feel free to share your feedback about the new branding style. As always, all suggestions are welcome. As you know, Digitex is a community first project. We have a very close relationship with our members and greatly value all the ideas you’ve brought forward over the years. Now, go get started adding more DGTX to your stack!

November 17, 2020
Digitex Futures

The DGTX Rewards Program is Live!

Digitex Futures
The DGTX Rewards Program is Live! 33

Are you ready to make your DGTX work for you and earn generous rewards simply by providing liquidity to our token pool on Uniswap? Great! Because that moment has finally arrived. We’re excited to announce that the DGTX Rewards program is now officially live and it couldn’t be easier to make a passive income from your holdings. Read on to find out how you can start accumulating income now. There’s also a step-by-step tutorial video by Adam and detailed instructions to help you get started.

Earn DGTX Rewards in 3 Simple Steps

You can start yield farming DGTX on Uniswap for incredible rewards by following the three simple steps below. If you need a little extra guidance, please keep reading through to the detailed instructions at the bottom: 

1. Stock Up on DGTX

In order to earn rewards on your DGTX holdings, you’ll obviously need to have some DGTX holdings in the first place. If you want to buy your first DGTX or simply want to add to your stash, you have several easy options. You can either buy DGTX directly from us in a simple, instant, and trustless transaction from the Digitex Treasury, or you can visit one of our exchange partners like KuCoin. Or you can buy DGTX from Uniswap.

2. Visit Uniswap to Create Your Pool Token

Now that you have your DGTX ready to go, you’ll need to head over to Uniswap, the world’s largest decentralized exchange, and create your DGTXETH pool token by depositing an equal value of DGTX and ETH into the DGTX/ETH market. You can watch Adam doing this in the explainer video below.

3. Connect Your Metamask Wallet and Deposit Your Pool Tokens

Once you have created your pool token, you’ll need to connect your Metamask wallet and deposit your pool token into the designated DGTX Rewards wallet. Again, for full instructions, please watch the video a little further down in this article.

Now, you can sit back and watch your DGTX pool rewards accumulate with one of the highest ROIs in the industry!

Start Earning DGTX Rewards Today

Starting today for the first month only, we’re offering a massive total of 5 million DGTX (worth around $175,000 at the current price). This makes the DGTX Rewards Program one of the most profitable in the industry. You also don’t have to worry about investing in a brand-new token or bootstrapped DeFi protocol that may disappear overnight. Digitex is a three-year-old project with massive upside potential and many new changes coming over the next few weeks.

If you’re new to Uniswap or you need a little more guidance as to how to create your pool token and accumulate your rewards, be sure to check out Adam’s tutorial video here. There are also step-by-step written instructions to help you further. 

How Do I Get Started Staking DGTX Tokens?

You start from inside your DGTX Rewards Program interface, which is now live here. Please note, DGTX pool tokens are best supported by the Metamask ERC20 token wallet, which can be easily downloaded and installed from metamask.io. If you don’t already have one, it’s just a wallet that you can easily add to your browser. Follow the simple prompts from Metamask as to how to download, secure, and back your wallet up.

Now that your Metamask is all ready to go, you’ll need to connect it from within the DGTX Rewards Program interface at the top right. Simply click, “Connect Metamask” and follow the instructions.

To stake your DGTX tokens, you must deposit both DGTX and an equivalent amount of ETH into Uniswap, which will generate special UNI-V2 liquidity pool tokens for that market and place them in your Metamask wallet. You can do this all from within your DGTX Rewards Program interface. 

Simply click “Deposit” and follow the instructions.

1. Deposit ETH and DGTX into Uniswap V2

To get pool tokens, you must deposit an equal amount of DGTX and ETH to the Uniswap market. This means that you will provide liquidity on that market and receive a pool token in return which you will deposit into your DGTX Rewards wallet to earn your rewards. 

First of all, you will need to enter the amount of ETH that you want to deposit and it will automatically show you how much DGTX you need to deposit as well. In the video, Adam deposits 0.5 ether and the DGTX field auto-populates with 7105.62 DGTX. You can also see this from the screenshots below.

Click on “Supply.” And then, as this is a blockchain transaction, you will need to confirm it. Simply click “Confirm Supply” in the interface and then again in the Metamask dropdown. You have now added your liquidity to Uniswap.

The DGTX Rewards Program is Live! 34

The DGTX Rewards Program is Live! 35

2. Receive UNI-V2 Tokens

The UNI-V2 liquidity pool tokens are tokens representing your ETH and DGTX that are created in the Uniswap transaction. These new tokens will automatically be deposited into your Metamask wallet once you hit “Confirm Supply” and the transaction successfully processes.

If you want to check the status of the transaction, you can look at “activity” in your Metamask wallet. You can also open up Etherscan to see the pending transaction. You will then see how many pool tokens you have received in return. In Adam’s case, he has received 58 Uniswap V2 pool tokens. 

The DGTX Rewards Program is Live! 36

The DGTX Rewards Program is Live! 37

3. Stake Your UNI-V2 LP Tokens in the Rewards Wallet

Next, head back to your DGTX Rewards Program dashboard and hit refresh. You can now add your pool tokens to the rewards wallet to begin earning DGTX rewards. You decide on the amount that you wish to enter or simply click on “Max Available” to deposit all of your pool tokens, and then click “Deposit” again at the bottom of the screen. 

You will need to confirm the ETH transaction in Metamask, and then your transaction will be submitted to the blockchain to be mined and deposited.

The DGTX Rewards Program is Live! 38

The DGTX Rewards Program is Live! 39

The DGTX Rewards Program is Live! 40

You can see all the key information that you need to know inside your interface including how many tokens you have, rewards accrued, the APY, and the reward multiplier. The reward multiplier starts at 1x but the longer you leave your pool tokens in, the more this will increase, so it’s worth staking your tokens for a longer time to earn increased rewards.

However, you can withdraw your tokens at any time. To do this, simply click on “withdraw,” and you will receive the number of pool tokens you wish to withdraw as well as your DGTX rewards in the same transaction. You will be asked if you are sure you don’t want to keep your tokens in to earn more rewards, but if you want to withdraw, simply click “withdraw anyway”, confirm the transaction, and look for this wallet address: 0xf4ef707f3f4166cc79af15959014dbe0ecd7efa3. 

Again, you can see all details of the transaction on Etherscan right away. Your tokens will go to your Metamask wallet.

How Are Your Rewards Calculated?

As mentioned, the more you stake and the longer you stake, the more rewards you will receive. However, keep in mind that your pool share is calculated proportionally and is relative to others in the program. Your ownership of the unlocked pool is calculated by:

How long you have staked your tokens / Global staking token time

So, let’s imagine that there were just two users in the program. You stake 10 tokens for one day while the other use stakes 5 tokens for three days. Your total staking time for 1 day is 10 tokens, while the other users’ is 15 tokens. The total staking token time is 25 and your share is calculated like this:

10 / 25 = 40%

The other user’s pool share is calculated with the same method:

15 / 25 = 60%

If you were the only participant in the program, you would earn 100% of the pool rewards. You will notice, then, that your accrued rewards fluctuate depending on how many people join the program.

If you have further questions, connect with one of our helpful customer service agents through our 24/7 Live Chat feature, or join in the conversation on Digitex’s lively Telegram group. Don’t forget that there’s 5 million DGTX being given away over the next 30 days, so get started now!

Also, feel free to share your feedback about the new branding style. As always, all suggestions are welcome. As you know, Digitex is a community first project. We have a very close relationship with our members and greatly value all the ideas you’ve brought forward over the years. Now, go get started adding more DGTX to your stack!

Latest News

DFE

The DFE Is Undergoing Scheduled Maintenance This Wednesday

Digitex Futures
• Digitex Futures
November 16, 2020

As we kick off a brand-new week, the excitement for the upcoming DGTX Rewards Program is building up. The liquidity on our Uniswap market has shot up over the weekend to $418,000 at 456 ETH and 6.5 million DGTX. — We’re busy testing it right now and getting ready to launch the program very soon. In the meantime, attention traders!

We’re aware that the exchange has suffered from some unexpected downtime today and we sincerely apologize for this. This was due to some of the preparations for integrating the major exchange upgrades that are coming this week.

All activity is now working normally, although you may continue to see one or two performance lags while we continue to resolve the issue, which was caused by some changes made to our RabbitMQ message queue server. We have now decided to complete the development work at a scheduled time.

This Wednesday, November 18, 2020, at 12:00 UTC, the Digitex Futures exchange will be undergoing scheduled maintenance. This will take place for approximately two hours and conclude at 14:00 UTC. We will inform you through our social channels once the upgrade is complete. Please note, during this time, open orders can be liquidated if the price moves either way during the maintenance, so please close your positions prior to the maintenance.

We’d like to assure you that this is a standard procedure and that all funds will be kept safe during that time. We are also letting you know well in advance so that you can plan accordingly. After the maintenance is complete, we will publish a detailed report of all the system upgrades that we have completed. Many thanks for trading on Digitex and for all your continued support. 

If you want to stock up on DGTX ahead of the rewards program launch this week, be sure to head on over to the Treasury to buy while the price is still low. Also, remember, if you have any questions about the scheduled maintenance, rewards program, or anything else, don’t hesitate to contact us via all the usual channels.

November 16, 2020
Digitex Futures

The DFE Is Undergoing Scheduled Maintenance This Wednesday

Digitex Futures
DFE

As we kick off a brand-new week, the excitement for the upcoming DGTX Rewards Program is building up. The liquidity on our Uniswap market has shot up over the weekend to $418,000 at 456 ETH and 6.5 million DGTX. — We’re busy testing it right now and getting ready to launch the program very soon. In the meantime, attention traders!

We’re aware that the exchange has suffered from some unexpected downtime today and we sincerely apologize for this. This was due to some of the preparations for integrating the major exchange upgrades that are coming this week.

All activity is now working normally, although you may continue to see one or two performance lags while we continue to resolve the issue, which was caused by some changes made to our RabbitMQ message queue server. We have now decided to complete the development work at a scheduled time.

This Wednesday, November 18, 2020, at 12:00 UTC, the Digitex Futures exchange will be undergoing scheduled maintenance. This will take place for approximately two hours and conclude at 14:00 UTC. We will inform you through our social channels once the upgrade is complete. Please note, during this time, open orders can be liquidated if the price moves either way during the maintenance, so please close your positions prior to the maintenance.

We’d like to assure you that this is a standard procedure and that all funds will be kept safe during that time. We are also letting you know well in advance so that you can plan accordingly. After the maintenance is complete, we will publish a detailed report of all the system upgrades that we have completed. Many thanks for trading on Digitex and for all your continued support. 

If you want to stock up on DGTX ahead of the rewards program launch this week, be sure to head on over to the Treasury to buy while the price is still low. Also, remember, if you have any questions about the scheduled maintenance, rewards program, or anything else, don’t hesitate to contact us via all the usual channels.

Latest News

Digitex

Digitex Support Has Been Upgraded – Here Are the Details

Digitex Futures
• Digitex Futures
November 3, 2020

We mentioned this briefly yesterday, but we wanted to let you know that it’s not only the development of Digitex that’s steaming ahead! While our teams are working hard on delivering the latest markets, finalizing the UIs, polishing the features of the social network, and testing the final functions of the spot market and staking initiatives, our Customer Support department is also being ramped up. Here’s what we’ve been working on.

Digitex Support Firing on All Cylinders

Under the continued supervision of our dedicated COO Chris Psallidas, our Customer Support team has grown and flourished. Ever since he joined the Digitex team, that’s been his unwavering focus from the start. He said, “The second most important part in a business aside from the product itself is the customer service,” before introducing our new Help Center and 24/7 Live Support feature. 

Adam and the team have always had the satisfaction of our users in mind, which is why the Digitex exchange has been built in conjunction with our users and thanks to their constant feedback and input. With that in mind, over the course of the past month, we have worked on improving our customer support even further with the introduction of our new Helpdesk. 

Our support team is working around the clock and is staffed by more than 20 full-time members, including live support agents, Telegram admins, and technical support. This knowledgeable team is constantly growing and, as the exchange broadens its capabilities, is responsible for the excellent support and assistance that all our clients receive. 

24/7 Live Chat

We’re pleased to say that since the implementation of the 24/7 Live Chat feature, more than 6,000 live chats have been performed and more than 9,000 tickets have been successfully solved by our agents. On top of that, a massive 98% of all chats were answered within 30 seconds, compared to the industry average time to respond to a ticket, which is just less than 60 minutes, with the full resolution taking around 100 minutes. 

Chris says, “Our numbers are among the best in the industry and we are very satisfied with what we have achieved so far. However, we definitely don’t plan on stopping here as we firmly believe that the satisfaction of our users is our top priority. To improve our customer experience even more, we are proud to introduce our new Customer Success Managers department.” 

Digitex Customer Success Managers

So, how will this important upgrade work? Chris explains that a Customer Success Manager will now be assigned to each client with one goal in mind: to provide them with all the tools and help they need to succeed in Digitex. Their job will be to ensure that our users are satisfied with the services they receive from our products–and that their suggestions are heard by our team so that we can proceed with any necessary improvements. 

The department has already begun its work and a small number of our clients have received an introductory email from their dedicated Success Manager. Within the next few weeks more clients will be reached, so, please feel free to communicate with your Success Manager and share your thoughts, questions, suggestions, or feedback.

Also, don’t forget that Adam will be answering all your questions this Friday, November 6, at 3 pm UTC in one of his candid live AMAs, so be sure to bookmark the link and be ready then. You can also ask him a question ahead of the live session by filling out this form.

Wrapping It Up

Our goal is to have Customer Success Managers operating in their region or country, in order for us to better understand the difficulties that a user might face in that particular area. While it’s easy for users to purchase and trade crypto in the majority of countries, for others, it may be a bit harder and we aim to provide guides to help users enter the crypto space more easily–and, of course, to join Digitex.

Some of the countries we have Success Managers training for right now are Russia, India, Indonesia, Nigeria, and Vietnam. So, aside from the English language, our users will be able to communicate in their native language with their Success Managers. We hope that you will find this additional service useful and that all users will gain the maximum benefits and experience from using our platform. Let us know what you think via our usual channels–or directly with your dedicated Success Manager!

November 3, 2020
Digitex Futures

Digitex Support Has Been Upgraded – Here Are the Details

Digitex Futures
Digitex

We mentioned this briefly yesterday, but we wanted to let you know that it’s not only the development of Digitex that’s steaming ahead! While our teams are working hard on delivering the latest markets, finalizing the UIs, polishing the features of the social network, and testing the final functions of the spot market and staking initiatives, our Customer Support department is also being ramped up. Here’s what we’ve been working on.

Digitex Support Firing on All Cylinders

Under the continued supervision of our dedicated COO Chris Psallidas, our Customer Support team has grown and flourished. Ever since he joined the Digitex team, that’s been his unwavering focus from the start. He said, “The second most important part in a business aside from the product itself is the customer service,” before introducing our new Help Center and 24/7 Live Support feature. 

Adam and the team have always had the satisfaction of our users in mind, which is why the Digitex exchange has been built in conjunction with our users and thanks to their constant feedback and input. With that in mind, over the course of the past month, we have worked on improving our customer support even further with the introduction of our new Helpdesk. 

Our support team is working around the clock and is staffed by more than 20 full-time members, including live support agents, Telegram admins, and technical support. This knowledgeable team is constantly growing and, as the exchange broadens its capabilities, is responsible for the excellent support and assistance that all our clients receive. 

24/7 Live Chat

We’re pleased to say that since the implementation of the 24/7 Live Chat feature, more than 6,000 live chats have been performed and more than 9,000 tickets have been successfully solved by our agents. On top of that, a massive 98% of all chats were answered within 30 seconds, compared to the industry average time to respond to a ticket, which is just less than 60 minutes, with the full resolution taking around 100 minutes. 

Chris says, “Our numbers are among the best in the industry and we are very satisfied with what we have achieved so far. However, we definitely don’t plan on stopping here as we firmly believe that the satisfaction of our users is our top priority. To improve our customer experience even more, we are proud to introduce our new Customer Success Managers department.” 

Digitex Customer Success Managers

So, how will this important upgrade work? Chris explains that a Customer Success Manager will now be assigned to each client with one goal in mind: to provide them with all the tools and help they need to succeed in Digitex. Their job will be to ensure that our users are satisfied with the services they receive from our products–and that their suggestions are heard by our team so that we can proceed with any necessary improvements. 

The department has already begun its work and a small number of our clients have received an introductory email from their dedicated Success Manager. Within the next few weeks more clients will be reached, so, please feel free to communicate with your Success Manager and share your thoughts, questions, suggestions, or feedback.

Also, don’t forget that Adam will be answering all your questions this Friday, November 6, at 3 pm UTC in one of his candid live AMAs, so be sure to bookmark the link and be ready then. You can also ask him a question ahead of the live session by filling out this form.

Wrapping It Up

Our goal is to have Customer Success Managers operating in their region or country, in order for us to better understand the difficulties that a user might face in that particular area. While it’s easy for users to purchase and trade crypto in the majority of countries, for others, it may be a bit harder and we aim to provide guides to help users enter the crypto space more easily–and, of course, to join Digitex.

Some of the countries we have Success Managers training for right now are Russia, India, Indonesia, Nigeria, and Vietnam. So, aside from the English language, our users will be able to communicate in their native language with their Success Managers. We hope that you will find this additional service useful and that all users will gain the maximum benefits and experience from using our platform. Let us know what you think via our usual channels–or directly with your dedicated Success Manager!

Latest News