Wondering How To Buy Futures? Check Out This Quick Guide 1

Wondering How To Buy Futures? Check Out This Quick Guide

Digitex Futures
Trading
• Christina Comben
September 2, 2019

As we announced the launch of our public testnet and inch closer to opening the gates, things are starting to get real at last! You may find yourself wondering how to buy futures or indeed, what futures really are. In this article, we explain the basic concepts, how to buy futures, the types of contracts, and all you need to know to get into stock futures investing.

About Futures 

For a more in-depth overview of futures and futures trading, check out our how-to guide here. However, the basic premise is this: Think of futures contracts as agreements between two parties to trade an asset (in this case Bitcoin) for an agreed-upon price in the future. 
Trading futures has many benefits and started out as a way of allowing large companies, farmers, oil producers, etc. to hedge their commodities’ value against price fluctuations. Say an oil producer believes that the price per barrel will drop significantly in the next six months. He can enter a futures contract to sell at today’s price in six months to secure his profit. Of course, he loses out if the price rises. Trading futures is always a gamble, even more so in the cryptocurrency space.
There are many different types of futures contracts, including physically settled and cash-settled, as well as daily and monthly settled and perpetual swaps. Until Bakkt makes its entrance in September of this year with the first physically settled Bitcoin Futures market, all futures in the crypto space are cash-settled. This means that the traders pay each other the difference instead of physically delivering the underlying asset (Bitcoin). 
While some traders are looking to hedge on price, most modern futures traders are speculators looking to trade on price fluctuations and make cash profits, rather than taking custody of the underlying asset (i.e. barrels of oil, bars of gold, or even bitcoins). This would be a physically-settled contract and is more applicable to institutional space, agricultural or airline industries, for example. 

Perpetual Swaps

What are perpetual swap contracts? Perpetual swaps have no expiration date, unlike daily or monthly settled futures contracts. This makes them easier to understand for retail traders and they will be the main focus of the Digitex Futures exchange. As Adam stated in the AMA about the testnet:
“With a futures contract that may not expire for another month, there’s a premium because the spot price is further away from the contract price. Also, at settlement, there’s a need to settle the old contract and then open a new contract. Perpetual swap futures are the way forward for attracting retail traders and therefore, ensuring volume.”

Futures Markets

The futures market globally is now enormous and growing all the time according to the Futures Industry Association, with futures traded against stocks, Forex, cryptocurrencies, indices, bonds, gold, and more.
If you were asking questions like, what are stock futures, what is day trading futures, and how to buy futures, it helps to have an overview of the different types of markets first–as well as the tools that good futures traders use to magnify their profits.
You can buy futures contracts through a traditional broker or online from an abundance of sites that make trading simpler and easier, cut out intermediaries and lower costs. On the Digitex Futures exchange, you’ll be able to buy cryptocurrency futures with zero commissions on all trades–a first for both the crypto and the futures industry.
Futures traders often use tools like margin and leverage to increase their profit sizes. Borrowing funds from an exchange to take a bigger position can be risky and highly leveraged traders can get blown out in volatile markets. However, leverage does give skilled traders the chance to make a lot of money fast and greatly magnify their winnings. This is why 100x leverage has become so popular in the cryptocurrency markets.

How to Buy Futures on the Digitex Exchange

On the Digitex exchange, you can buy futures using DGTX only. This means that you’ll need to know where to buy ether, first of all, to purchase DGTX and then all your profits and losses will be denominated in DGTX.
As Adam highlighted in his AMA, you will be buying a perpetual swap contract, which will be a dollar’s worth of DGTX tokens and has no expiration date. We are still finalizing the futures contract specifications, however, they will be essentially the same as other major futures exchanges such as BitMEX and Bybit to make it easier for their traders to switch over to Digitex. We want to make it as simple as possible to create winning traders and to allow them to trade successfully. 
Skilled traders are used to trading futures for profit. It takes time and discipline, but even you’re just starting out, earning some extra income from day trading futures is certainly within your reach, especially on a platform that charges no commissions and has no mechanical edge working against you.

September 2, 2019
Digitex Futures
Trading

Wondering How To Buy Futures? Check Out This Quick Guide

Christina Comben
Wondering How To Buy Futures? Check Out This Quick Guide 2

As we announced the launch of our public testnet and inch closer to opening the gates, things are starting to get real at last! You may find yourself wondering how to buy futures or indeed, what futures really are. In this article, we explain the basic concepts, how to buy futures, the types of contracts, and all you need to know to get into stock futures investing.

About Futures 

For a more in-depth overview of futures and futures trading, check out our how-to guide here. However, the basic premise is this: Think of futures contracts as agreements between two parties to trade an asset (in this case Bitcoin) for an agreed-upon price in the future. 
Trading futures has many benefits and started out as a way of allowing large companies, farmers, oil producers, etc. to hedge their commodities’ value against price fluctuations. Say an oil producer believes that the price per barrel will drop significantly in the next six months. He can enter a futures contract to sell at today’s price in six months to secure his profit. Of course, he loses out if the price rises. Trading futures is always a gamble, even more so in the cryptocurrency space.
There are many different types of futures contracts, including physically settled and cash-settled, as well as daily and monthly settled and perpetual swaps. Until Bakkt makes its entrance in September of this year with the first physically settled Bitcoin Futures market, all futures in the crypto space are cash-settled. This means that the traders pay each other the difference instead of physically delivering the underlying asset (Bitcoin). 
While some traders are looking to hedge on price, most modern futures traders are speculators looking to trade on price fluctuations and make cash profits, rather than taking custody of the underlying asset (i.e. barrels of oil, bars of gold, or even bitcoins). This would be a physically-settled contract and is more applicable to institutional space, agricultural or airline industries, for example. 

Perpetual Swaps

What are perpetual swap contracts? Perpetual swaps have no expiration date, unlike daily or monthly settled futures contracts. This makes them easier to understand for retail traders and they will be the main focus of the Digitex Futures exchange. As Adam stated in the AMA about the testnet:
“With a futures contract that may not expire for another month, there’s a premium because the spot price is further away from the contract price. Also, at settlement, there’s a need to settle the old contract and then open a new contract. Perpetual swap futures are the way forward for attracting retail traders and therefore, ensuring volume.”

Futures Markets

The futures market globally is now enormous and growing all the time according to the Futures Industry Association, with futures traded against stocks, Forex, cryptocurrencies, indices, bonds, gold, and more.
If you were asking questions like, what are stock futures, what is day trading futures, and how to buy futures, it helps to have an overview of the different types of markets first–as well as the tools that good futures traders use to magnify their profits.
You can buy futures contracts through a traditional broker or online from an abundance of sites that make trading simpler and easier, cut out intermediaries and lower costs. On the Digitex Futures exchange, you’ll be able to buy cryptocurrency futures with zero commissions on all trades–a first for both the crypto and the futures industry.
Futures traders often use tools like margin and leverage to increase their profit sizes. Borrowing funds from an exchange to take a bigger position can be risky and highly leveraged traders can get blown out in volatile markets. However, leverage does give skilled traders the chance to make a lot of money fast and greatly magnify their winnings. This is why 100x leverage has become so popular in the cryptocurrency markets.

How to Buy Futures on the Digitex Exchange

On the Digitex exchange, you can buy futures using DGTX only. This means that you’ll need to know where to buy ether, first of all, to purchase DGTX and then all your profits and losses will be denominated in DGTX.
As Adam highlighted in his AMA, you will be buying a perpetual swap contract, which will be a dollar’s worth of DGTX tokens and has no expiration date. We are still finalizing the futures contract specifications, however, they will be essentially the same as other major futures exchanges such as BitMEX and Bybit to make it easier for their traders to switch over to Digitex. We want to make it as simple as possible to create winning traders and to allow them to trade successfully. 
Skilled traders are used to trading futures for profit. It takes time and discipline, but even you’re just starting out, earning some extra income from day trading futures is certainly within your reach, especially on a platform that charges no commissions and has no mechanical edge working against you.

Latest News

The DGTX Token Has Been Listed on the STEX Exchange 3

The DGTX Token Has Been Listed on the STEX Exchange

Digitex Futures
Trading
• admin
August 29, 2019

For those of you looking for an easy and reliable alternative way of buying DGTX, we are pleased to announce that the DGTX token has been listed on the STEX exchange. DGTX will be paired against Ethereum (DGTX/ETH), so users can buy the token using ether. With a few handy features such as trading on the go through mobile apps and operating according to the laws of the Republic of Estonia and the European Union, why not check out our newest exchange listing partner? 

About the STEX Exchange 

The STEX exchange is an innovative cryptocurrency trading platform based in Estonia with a focus on initial coin offerings and altcoins. Launched in 2018, STEX is an acronym for ‘Smart Token Exchange.’ The Company behind STEX provides its activities according to the laws of the Republic of Estonia and the European Union with the following licenses:

  • “Financial services, Providing services of exchanging a virtual currency against a fiat currency” 
  • “Financial services, Providing a virtual currency wallet service”

Trade on the Go

With mobile apps available on both iOS and Android, users can trade on the go with ease wherever they are. This means another convenient and secure way of buying DGTX even when you’re away from your desktop.

Trading Fees and Limits

STEX charges a flat trading fee of 0.2% for all unverified users. This means that to use the STEX exchange you can simply create an account with your email address. However, users can reduce this fee by more than half by verifying their identity on the platform. 
STEX also has no withdrawal limits meaning that users are able to remove all their funds without any restrictions. For Ethereum-based withdrawals, STEX charges a flat fee of 0.007ETH (around $1.30 at the time of writing). 

Deposit and Withdraw of Fiat

STEX also offers users the option of depositing and withdrawing multiple fiat currencies including Euros, US Dollars, and Russian Rubles, through a variety of methods such as AdvancedCash, Payeer, Skrill, SEPA, and more. It’s also available currently in 11 different languages including English, Spanish, Korean, Chinese, Russian, and German.

Wrapping It Up

STEX is currently a fairly small exchange, with around 300,000 users, yet it still makes the top 100 on CoinMarketCap. For a young exchange, that’s pretty good going. It also offers a friendly UX, hot and cold storage, 99.99% uptime, and has started to launch its own IEOs. We’re pleased to be listed on such a trustworthy and innovative exchange that has similar values to our own and look forward to a long and fruitful partnership with the STEX team.

August 29, 2019
Digitex Futures
Trading

The DGTX Token Has Been Listed on the STEX Exchange

admin
The DGTX Token Has Been Listed on the STEX Exchange 4

For those of you looking for an easy and reliable alternative way of buying DGTX, we are pleased to announce that the DGTX token has been listed on the STEX exchange. DGTX will be paired against Ethereum (DGTX/ETH), so users can buy the token using ether. With a few handy features such as trading on the go through mobile apps and operating according to the laws of the Republic of Estonia and the European Union, why not check out our newest exchange listing partner? 

About the STEX Exchange 

The STEX exchange is an innovative cryptocurrency trading platform based in Estonia with a focus on initial coin offerings and altcoins. Launched in 2018, STEX is an acronym for ‘Smart Token Exchange.’ The Company behind STEX provides its activities according to the laws of the Republic of Estonia and the European Union with the following licenses:

  • “Financial services, Providing services of exchanging a virtual currency against a fiat currency” 
  • “Financial services, Providing a virtual currency wallet service”

Trade on the Go

With mobile apps available on both iOS and Android, users can trade on the go with ease wherever they are. This means another convenient and secure way of buying DGTX even when you’re away from your desktop.

Trading Fees and Limits

STEX charges a flat trading fee of 0.2% for all unverified users. This means that to use the STEX exchange you can simply create an account with your email address. However, users can reduce this fee by more than half by verifying their identity on the platform. 
STEX also has no withdrawal limits meaning that users are able to remove all their funds without any restrictions. For Ethereum-based withdrawals, STEX charges a flat fee of 0.007ETH (around $1.30 at the time of writing). 

Deposit and Withdraw of Fiat

STEX also offers users the option of depositing and withdrawing multiple fiat currencies including Euros, US Dollars, and Russian Rubles, through a variety of methods such as AdvancedCash, Payeer, Skrill, SEPA, and more. It’s also available currently in 11 different languages including English, Spanish, Korean, Chinese, Russian, and German.

Wrapping It Up

STEX is currently a fairly small exchange, with around 300,000 users, yet it still makes the top 100 on CoinMarketCap. For a young exchange, that’s pretty good going. It also offers a friendly UX, hot and cold storage, 99.99% uptime, and has started to launch its own IEOs. We’re pleased to be listed on such a trustworthy and innovative exchange that has similar values to our own and look forward to a long and fruitful partnership with the STEX team.

Latest News

The Digitex Social Community Is Growing Globally 5

The Digitex Social Community Is Growing Globally

Crypto Industry
Digitex Futures
• Christina Comben
August 21, 2019

If you’ve been following our blog and updates, you’ll know that Digitex has been busy behind the scenes! SmartDec is on the case working to bring you the game-changing, robust and rapid-fire futures exchange you deserve. Our marketing efforts have been ramping up as we work to build the Digitex brand globally, and Adam has been hashing out every last detail preparing for launch with the team in Moscow. Today, we’re pleased to announce that the Digitex social community is growing globally as well.

The Digitex Social Community Telegram Groups

With over 1.5 million on our waitlist ready for the launch, the Digitex Futures Telegram group is unsurprisingly one of the biggest in the crypto space. At its peak, our community was consistently the busiest and most engaged in the industry creating a buzz over commission-free trading!
Some of that excitement has understandably dropped off as we were forced to postpone the launch. However, we still have over 50k members going strong and a team of admins manning the chat 24/7 to answer questions, clear up doubts, and engage with our supporters. We also have thousands more people signed up to our English Telegram News channel which posts announcements and updates.
In June, considering our new location and the importance of the Russian market for Digitex, we launched our official Russian Telegram group as well. And now, we’re happy to let you know that if English isn’t your first language and you’d like to join in the conversation in your mother tongue, we now have even more options available to you.

More Official Global Telegram Groups Launched Today

If you’re a Spanish speaker, you’ll be happy to hear that you can now express your comments, questions, and concerns in Spanish through our new Telegram chat here. If you’re in the Malaysian region and want to find out more about the project, you can sign up to our Malaysian Telegram group here. 
We are also rolling out the Digitex social community to Vietnamese, Portuguese, Dutch, Korean, and Japanese speakers as well. Since it takes a while to form a community, these groups will be starting small at first. Unlike our massive English-speaking community, the chats won’t be manned by admins 24 hours a day just yet–but we’re willing to bet that they will be very soon!

What Our Community Members Talk About

Our new official groups are managed by volunteers and provide a place where people who speak other languages than English as their first language can discuss any aspects of the Digitex Futures exchange and DGTX token freely.
We do have a few rules in place. These are not groups for talking about trading, so if you’re interested in joining a trading chat, it’s best to look elsewhere. Also, please remember that the discussion communities are moderated by volunteers giving their time freely. Please have respect for these people. All scammers and fake accounts will be removed immediately.

Wrapping It Up

We understand the importance of communicating with our community members in their local languages. That’s why we’re also busy translating our website, creating more foreign-language content, and developing the exchange to be user-friendly to everyone regardless of their location. 
Thank you for being a valued part of the Digitex community. Let us know through our English Telegram chat if there’s a language you’d like to see an official Digitex Telegram group in and we’ll do our best to create one. To the moon!

August 21, 2019
Crypto Industry
Digitex Futures

The Digitex Social Community Is Growing Globally

Christina Comben
The Digitex Social Community Is Growing Globally 6

If you’ve been following our blog and updates, you’ll know that Digitex has been busy behind the scenes! SmartDec is on the case working to bring you the game-changing, robust and rapid-fire futures exchange you deserve. Our marketing efforts have been ramping up as we work to build the Digitex brand globally, and Adam has been hashing out every last detail preparing for launch with the team in Moscow. Today, we’re pleased to announce that the Digitex social community is growing globally as well.

The Digitex Social Community Telegram Groups

With over 1.5 million on our waitlist ready for the launch, the Digitex Futures Telegram group is unsurprisingly one of the biggest in the crypto space. At its peak, our community was consistently the busiest and most engaged in the industry creating a buzz over commission-free trading!
Some of that excitement has understandably dropped off as we were forced to postpone the launch. However, we still have over 50k members going strong and a team of admins manning the chat 24/7 to answer questions, clear up doubts, and engage with our supporters. We also have thousands more people signed up to our English Telegram News channel which posts announcements and updates.
In June, considering our new location and the importance of the Russian market for Digitex, we launched our official Russian Telegram group as well. And now, we’re happy to let you know that if English isn’t your first language and you’d like to join in the conversation in your mother tongue, we now have even more options available to you.

More Official Global Telegram Groups Launched Today

If you’re a Spanish speaker, you’ll be happy to hear that you can now express your comments, questions, and concerns in Spanish through our new Telegram chat here. If you’re in the Malaysian region and want to find out more about the project, you can sign up to our Malaysian Telegram group here. 
We are also rolling out the Digitex social community to Vietnamese, Portuguese, Dutch, Korean, and Japanese speakers as well. Since it takes a while to form a community, these groups will be starting small at first. Unlike our massive English-speaking community, the chats won’t be manned by admins 24 hours a day just yet–but we’re willing to bet that they will be very soon!

What Our Community Members Talk About

Our new official groups are managed by volunteers and provide a place where people who speak other languages than English as their first language can discuss any aspects of the Digitex Futures exchange and DGTX token freely.
We do have a few rules in place. These are not groups for talking about trading, so if you’re interested in joining a trading chat, it’s best to look elsewhere. Also, please remember that the discussion communities are moderated by volunteers giving their time freely. Please have respect for these people. All scammers and fake accounts will be removed immediately.

Wrapping It Up

We understand the importance of communicating with our community members in their local languages. That’s why we’re also busy translating our website, creating more foreign-language content, and developing the exchange to be user-friendly to everyone regardless of their location. 
Thank you for being a valued part of the Digitex community. Let us know through our English Telegram chat if there’s a language you’d like to see an official Digitex Telegram group in and we’ll do our best to create one. To the moon!

Latest News

DGTX Price Performance: Can the Past Trend Foretell the Future? 7

DGTX Price Performance: Can the Past Trend Foretell the Future?

Cryptocurrency
Digitex Futures
Trading
• admin
August 13, 2019

A glance at the price chart makes it clear just how much the DGTX price can move in a relatively short space of time. But what can the last eighteen months tell us about the potential price of the token into the future? Here, we take a deep dive into the past, present, and future of the DGTX token value analysed by Luke Green — a fellow Digitex HODLer.

Historic Speculative Opportunities

For long-term DGTX investors, the all-time price chart tells a thousand different narratives. Regardless of your current investment position, it’s clear to see the historic price-performance has created some truly incredible investment opportunities.
For example, during the last 18 months, there have been two significant high points, $0.16c on the 14th of October 2018 and $0.14c on 11th April 2019. In that first run-up, had you timed your entry-exit perfectly you would have realized a 2600% gain in USD terms with the second run realizing another 450% USD gain. To put this another way you could have turned 100k of DGTX tokens into 11.6 million DGTX over just these two cycles. Isn’t hindsight a marvelous thing? 
Of course, every money-making opportunity comes with some degree of risk and particularly in a young and nascent industry like crypto, volatility is an accepted part of the space. However, it would be fair to say that DGTX has taken this concept to new levels, leaving even die-hard crypto investors in awe of the depth and speed of its price swings. So what could be behind this?

Driven By Sentiment

To gauge why DGTX has been through such significant price swings, it’s important to understand some of the key concepts behind the token price.
Firstly, DGTX has perhaps one of the purest forms of ‘utility’ of any crypto project out there. To put that into some kind of perspective, it would be fair to say that the DGTX token is as vital to the Digitex Futures exchange as say, electricity is to the internet. In effect, the DGTX token is the raw digital asset that will power all financial transactions on the exchange. All account balances and transactions on the exchange are denominated in DGTX, so the exchange couldn’t even operate without it. 
Secondly, as a result of this, it also means it has a very high ‘demand potential’. Not only will traders need to hold DGTX to trade, but a significant proportion of circulating DGTX tokens have already been locked away in long-term holders wallets.
Add into the mix a flourishing futures market which is ripe for disruption, commission-free trading and a provably fair matching engine, you begin to understand the level of demand that the DGTX token could experience.
This, combined with Adams infectious excitement for the project, has historically created a hugely speculative and reactive landscape with a price driven by pure investor sentiment. Whilst the retraces didn’t feel all that good at the time, on reflection, the price fluctuations are far from negative, and in fact, show just how promising and exciting the project is.
DGTX Price Performance: Can the Past Trend Foretell the Future? 8

Steady Progress

While the historic sentiment around the project has been an emotional rollercoaster, when you remove the noise of the highs and lows, it points to a very different story. 
The price movements reveal that although Digitex has made a couple of very public mistakes, it has robustly responded, adapted and remained focused on the delivery of a working platform that lives up to its promise. This is clearly visible in the historic DGTX price movements. Each time DGTX has experienced setbacks, for the most part it’s returned to a baseline that’s higher than when it started.
To underline this point, anyone who bought during the ICO or indeed around May, June or July 2018 has seen a return of around 700% in just 18 months – that’s roughly 38% per month. When you consider some of the top hedge funds post yearly returns of 30%, it further proves that despite the drama and setbacks, DGTX has delivered real substantive returns.
While the now-famous launch issues were traumatic for investors, it has produced a silver lining, resulting in the appointment of leading Ethereum development firm, Smartdec.
Importantly it has also led to a much more pragmatic and development-led approach to reporting on the progress of the platform build. It seems that Adam and the team have now established a stable and secure foundation from which the project can move successfully to launch and onto greater success.
DGTX Price Performance: Can the Past Trend Foretell the Future? 9

So What Does the Future Hold for the DGTX Price? 

Of course, past performance does not necessarily give us the ability to accurately predict the future. However, there are some forecasts that I think we can be pretty confident about given the past performance of DGTX.

1. There Will Be Another Run up in the Token Price to Launch

 With the Smartdec biweekly updates, we are seeing the real development foundations being put into place on the project as they happen. This is not marketing hype, but solid incremental consolidation and progress. You can be sure that the moment a launch date is confirmed, investors who have been holding off and waiting for news of a concrete platform will contribute to a burst of pent-up demand and the price will increase.

2. Any Price Below $0.05c Is a Strong Buy

This is simply a no-brainer. With the Digitex Treasury set to sell the token no lower than 0.05c, you can likely never expect to see the DGTX price dip below this level again, once the project gets underway. 

3. Digitex Futures Will Become a Unicorn

A $1billion valuation? Ridiculous, I hear you say. But it’s a call I made from the outset. However, given the addressable market and the potential for this to disrupt an entire industry, I think this target is achievable, and then some. Watch this space!

Wrapping It Up

Whether you’re invested or not, a trader looking for alternative options, or just following the unfolding story, DGTX truly is a disruptive and innovative company to keep an eye on. It’s clear that, despite the setbacks, Digitex Futures is just getting started.
Wondering how to buy Digitex tokens? There are several options. You can buy through our exchange partners or Changelly Instant, but the best way to support Digitex is to buy your DGTX tokens from the Treasury. It’s instant, secure, and trustless, and you can avoid paying exchange fees. Furthermore, tokens sold through the Treasury provide a sustainable means of funding the Digitex platform over the next two years, ensuring a healthy period of stabilization post-launch. 

August 13, 2019
Cryptocurrency
Digitex Futures
Trading

DGTX Price Performance: Can the Past Trend Foretell the Future?

admin
DGTX Price Performance: Can the Past Trend Foretell the Future? 10

A glance at the price chart makes it clear just how much the DGTX price can move in a relatively short space of time. But what can the last eighteen months tell us about the potential price of the token into the future? Here, we take a deep dive into the past, present, and future of the DGTX token value analysed by Luke Green — a fellow Digitex HODLer.

Historic Speculative Opportunities

For long-term DGTX investors, the all-time price chart tells a thousand different narratives. Regardless of your current investment position, it’s clear to see the historic price-performance has created some truly incredible investment opportunities.
For example, during the last 18 months, there have been two significant high points, $0.16c on the 14th of October 2018 and $0.14c on 11th April 2019. In that first run-up, had you timed your entry-exit perfectly you would have realized a 2600% gain in USD terms with the second run realizing another 450% USD gain. To put this another way you could have turned 100k of DGTX tokens into 11.6 million DGTX over just these two cycles. Isn’t hindsight a marvelous thing? 
Of course, every money-making opportunity comes with some degree of risk and particularly in a young and nascent industry like crypto, volatility is an accepted part of the space. However, it would be fair to say that DGTX has taken this concept to new levels, leaving even die-hard crypto investors in awe of the depth and speed of its price swings. So what could be behind this?

Driven By Sentiment

To gauge why DGTX has been through such significant price swings, it’s important to understand some of the key concepts behind the token price.
Firstly, DGTX has perhaps one of the purest forms of ‘utility’ of any crypto project out there. To put that into some kind of perspective, it would be fair to say that the DGTX token is as vital to the Digitex Futures exchange as say, electricity is to the internet. In effect, the DGTX token is the raw digital asset that will power all financial transactions on the exchange. All account balances and transactions on the exchange are denominated in DGTX, so the exchange couldn’t even operate without it. 
Secondly, as a result of this, it also means it has a very high ‘demand potential’. Not only will traders need to hold DGTX to trade, but a significant proportion of circulating DGTX tokens have already been locked away in long-term holders wallets.
Add into the mix a flourishing futures market which is ripe for disruption, commission-free trading and a provably fair matching engine, you begin to understand the level of demand that the DGTX token could experience.
This, combined with Adams infectious excitement for the project, has historically created a hugely speculative and reactive landscape with a price driven by pure investor sentiment. Whilst the retraces didn’t feel all that good at the time, on reflection, the price fluctuations are far from negative, and in fact, show just how promising and exciting the project is.
DGTX Price Performance: Can the Past Trend Foretell the Future? 11

Steady Progress

While the historic sentiment around the project has been an emotional rollercoaster, when you remove the noise of the highs and lows, it points to a very different story. 
The price movements reveal that although Digitex has made a couple of very public mistakes, it has robustly responded, adapted and remained focused on the delivery of a working platform that lives up to its promise. This is clearly visible in the historic DGTX price movements. Each time DGTX has experienced setbacks, for the most part it’s returned to a baseline that’s higher than when it started.
To underline this point, anyone who bought during the ICO or indeed around May, June or July 2018 has seen a return of around 700% in just 18 months – that’s roughly 38% per month. When you consider some of the top hedge funds post yearly returns of 30%, it further proves that despite the drama and setbacks, DGTX has delivered real substantive returns.
While the now-famous launch issues were traumatic for investors, it has produced a silver lining, resulting in the appointment of leading Ethereum development firm, Smartdec.
Importantly it has also led to a much more pragmatic and development-led approach to reporting on the progress of the platform build. It seems that Adam and the team have now established a stable and secure foundation from which the project can move successfully to launch and onto greater success.
DGTX Price Performance: Can the Past Trend Foretell the Future? 12

So What Does the Future Hold for the DGTX Price? 

Of course, past performance does not necessarily give us the ability to accurately predict the future. However, there are some forecasts that I think we can be pretty confident about given the past performance of DGTX.

1. There Will Be Another Run up in the Token Price to Launch

 With the Smartdec biweekly updates, we are seeing the real development foundations being put into place on the project as they happen. This is not marketing hype, but solid incremental consolidation and progress. You can be sure that the moment a launch date is confirmed, investors who have been holding off and waiting for news of a concrete platform will contribute to a burst of pent-up demand and the price will increase.

2. Any Price Below $0.05c Is a Strong Buy

This is simply a no-brainer. With the Digitex Treasury set to sell the token no lower than 0.05c, you can likely never expect to see the DGTX price dip below this level again, once the project gets underway. 

3. Digitex Futures Will Become a Unicorn

A $1billion valuation? Ridiculous, I hear you say. But it’s a call I made from the outset. However, given the addressable market and the potential for this to disrupt an entire industry, I think this target is achievable, and then some. Watch this space!

Wrapping It Up

Whether you’re invested or not, a trader looking for alternative options, or just following the unfolding story, DGTX truly is a disruptive and innovative company to keep an eye on. It’s clear that, despite the setbacks, Digitex Futures is just getting started.
Wondering how to buy Digitex tokens? There are several options. You can buy through our exchange partners or Changelly Instant, but the best way to support Digitex is to buy your DGTX tokens from the Treasury. It’s instant, secure, and trustless, and you can avoid paying exchange fees. Furthermore, tokens sold through the Treasury provide a sustainable means of funding the Digitex platform over the next two years, ensuring a healthy period of stabilization post-launch. 

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First Look at the Digitex Futures Exchange! 13

First Look at the Digitex Futures Exchange!

Digitex Futures
Trading
• admin
April 19, 2019

We know that you’re dying to see the new Digitex Futures exchange. In this first-look demo of the brand-new interface, you can finally check it out! Adam (as candid as ever) put together this quick sneak peek for you after getting so many questions at the Paris Blockchain Week Summit. He was so anxious to share the latest and final build of the software with the community that he created this video for you from his hotel room–right after the closing party! Check it out.

The Digitex one-click ladder will give you lightning-fast functionality for manual trading. But the interface is also built for all types of traders. You’ll get top-of-the-line charting features, the ability to set rules, and really customize your interface to your preferences.
We’ll be helping all traders to learn to make the best use of the platform through educational materials, so don’t worry if anything is new to you! As you can see from the video, some of the functions and trading metrics are pretty new to Adam as well!
The main thing you need to know is that your markets will be on the left, the traditional candlestick style chart in the center (or your preferred style of charting if you like to see it represented differently), and the Digitex ladder on the right.
You can see the price moving up and down constantly and never have to take your eyes away from the action! Time is of the essence and we make sure you never miss an order.
When you’re trading all day long, having advanced trading tools at your fingertips can greatly ease the process. The Digitex Futures exchange comes complete with the ability to create rules, speed up entry and execution, and make smarter trading choices.
As well as rapid-fire submission from the ladder interface, the Digitex platform offers you multiple order types using traditional order placements, including Market Order, Limit Order, Stop Order, and Stop Limit Order. These are essentially automated functions like trading bots that allow you to set up requests to buy or sell under specific instructions.
This means you can establish rules within the interface to reduce your manual work and ensure that the system is trading for you when you’re not at your computer so you won’t be stuck with losing positions and can sell before any dip!
Existing Orders and Positions can always be modified whenever you require. You simply need to drag and drop the corresponding elements on the chart. This is a super-fast way of changing your position to reflect the market and allows you to bypass order tickets for trading at its simplest.

The Digitex Ladder

The Digitex Ladder displays prices vertically, allowing you to see the bids and offers moving up and down the ladder. You can see the price you want to buy at on the left and the price you want to sell at on the right. And it’s all reflected on the chart in the center.
One-click submission allows you to instantly react to market movements without needing to take your eyes from the price or use the keyboard. It couldn’t be simpler! The BTC tick value is currently set at $1, reducing noise and unwanted movement in pricing allowing for a tight bid/offer spread.
Here are the major features at a glance:

  • Price moves up and down
  • Ability to visualize up and down price movements
  • Submit trades instantly (one click) at any price, make or take
  • See and take profit/loss in one click (one-click flatten)
  • Identify gaps in the prices instantly
  • Quick cancel feature
  • Live volume and traded amounts

Charting & Chart Trading

As Adam mentions in the demo, thanks to the advanced features (which will take us some time to get used to!), you’ll be able to view the charts in a way that’s comfortable and completely customizable to you.
Of course, you have the traditional candlestick model, but you also have bar charts, and tick charts, to name a few. You can even take screenshots of the charts and share them easily with other traders through multiple sharing options. This makes it even simpler to get advice or discuss the latest price action with other traders before making a move.
Traders can create orders directly from the chart by right-clicking on the desired price level and selecting ‘Create New Order’ to proceed to the New Order menu. Alternatively, they can select Sell/Buy Limit, Buy/Sell Stop or Buy/Sell Limit to create the respective order directly on the desired price level.

The Takeaway

We hope you liked the demo! We’re super excited to finally launch our commission-free futures trading exchange to the world. It’s going to be a learning curve for all of us, even long-time traders like Adam! But we’ll be with you at every step of the way.
With 11 days until launch, we’re in the very final stretch bug checking, working with the market makers, and making sure everything is 100 percent perfect for 30th April! So, If you’re ready to start trading on Digitex, be sure to buy DGTX ahead of the launch and get ready for commission-fee trading!

April 19, 2019
Digitex Futures
Trading

First Look at the Digitex Futures Exchange!

admin
First Look at the Digitex Futures Exchange! 14

We know that you’re dying to see the new Digitex Futures exchange. In this first-look demo of the brand-new interface, you can finally check it out! Adam (as candid as ever) put together this quick sneak peek for you after getting so many questions at the Paris Blockchain Week Summit. He was so anxious to share the latest and final build of the software with the community that he created this video for you from his hotel room–right after the closing party! Check it out.

The Digitex one-click ladder will give you lightning-fast functionality for manual trading. But the interface is also built for all types of traders. You’ll get top-of-the-line charting features, the ability to set rules, and really customize your interface to your preferences.
We’ll be helping all traders to learn to make the best use of the platform through educational materials, so don’t worry if anything is new to you! As you can see from the video, some of the functions and trading metrics are pretty new to Adam as well!
The main thing you need to know is that your markets will be on the left, the traditional candlestick style chart in the center (or your preferred style of charting if you like to see it represented differently), and the Digitex ladder on the right.
You can see the price moving up and down constantly and never have to take your eyes away from the action! Time is of the essence and we make sure you never miss an order.
When you’re trading all day long, having advanced trading tools at your fingertips can greatly ease the process. The Digitex Futures exchange comes complete with the ability to create rules, speed up entry and execution, and make smarter trading choices.
As well as rapid-fire submission from the ladder interface, the Digitex platform offers you multiple order types using traditional order placements, including Market Order, Limit Order, Stop Order, and Stop Limit Order. These are essentially automated functions like trading bots that allow you to set up requests to buy or sell under specific instructions.
This means you can establish rules within the interface to reduce your manual work and ensure that the system is trading for you when you’re not at your computer so you won’t be stuck with losing positions and can sell before any dip!
Existing Orders and Positions can always be modified whenever you require. You simply need to drag and drop the corresponding elements on the chart. This is a super-fast way of changing your position to reflect the market and allows you to bypass order tickets for trading at its simplest.

The Digitex Ladder

The Digitex Ladder displays prices vertically, allowing you to see the bids and offers moving up and down the ladder. You can see the price you want to buy at on the left and the price you want to sell at on the right. And it’s all reflected on the chart in the center.
One-click submission allows you to instantly react to market movements without needing to take your eyes from the price or use the keyboard. It couldn’t be simpler! The BTC tick value is currently set at $1, reducing noise and unwanted movement in pricing allowing for a tight bid/offer spread.
Here are the major features at a glance:

  • Price moves up and down
  • Ability to visualize up and down price movements
  • Submit trades instantly (one click) at any price, make or take
  • See and take profit/loss in one click (one-click flatten)
  • Identify gaps in the prices instantly
  • Quick cancel feature
  • Live volume and traded amounts

Charting & Chart Trading

As Adam mentions in the demo, thanks to the advanced features (which will take us some time to get used to!), you’ll be able to view the charts in a way that’s comfortable and completely customizable to you.
Of course, you have the traditional candlestick model, but you also have bar charts, and tick charts, to name a few. You can even take screenshots of the charts and share them easily with other traders through multiple sharing options. This makes it even simpler to get advice or discuss the latest price action with other traders before making a move.
Traders can create orders directly from the chart by right-clicking on the desired price level and selecting ‘Create New Order’ to proceed to the New Order menu. Alternatively, they can select Sell/Buy Limit, Buy/Sell Stop or Buy/Sell Limit to create the respective order directly on the desired price level.

The Takeaway

We hope you liked the demo! We’re super excited to finally launch our commission-free futures trading exchange to the world. It’s going to be a learning curve for all of us, even long-time traders like Adam! But we’ll be with you at every step of the way.
With 11 days until launch, we’re in the very final stretch bug checking, working with the market makers, and making sure everything is 100 percent perfect for 30th April! So, If you’re ready to start trading on Digitex, be sure to buy DGTX ahead of the launch and get ready for commission-fee trading!

Latest News

A Closer Look at Digitex Futures Exchange Features 15

A Closer Look at Digitex Futures Exchange Features

Digitex Futures
Trading
• Christina Comben
March 6, 2019

As you may have heard by now, Digitex has partnered with Spotware software developers to finalize our product for the public launch. With years of experience creating trading platforms for brokers, the team behind the popular Forex trading platform cTrader is an invaluable addition to our fold. Let’s take a look at some of the extra features this partnership allows us to bring you in the exchange. Continue reading

March 6, 2019
Digitex Futures
Trading

A Closer Look at Digitex Futures Exchange Features

Christina Comben
A Closer Look at Digitex Futures Exchange Features 16

As you may have heard by now, Digitex has partnered with Spotware software developers to finalize our product for the public launch. With years of experience creating trading platforms for brokers, the team behind the popular Forex trading platform cTrader is an invaluable addition to our fold. Let’s take a look at some of the extra features this partnership allows us to bring you in the exchange. Continue reading

Latest News