1 tháng 5, 2020

Week In Review: The Digitex Futures Mainnet Launch

WHAT A WEEK. We always knew that zero-fee trading was going to be a massive hit among scalp traders. But even we couldn't have predicted the runaway success of the first week of live trading on the #DFE mainnet!

The first 24 hours after opening saw over one million contracts traded, which is impressive enough. But apparently, for the first 20 traders on the Digitex mainnet, that was just a warm-up. Now they've really hit their stride, and now that BTC is off on its pre-halving tear, the volume is up to over 1.7 million contracts in 24 hours.

And this is just with 20 traders!

Of course, volume is great for liquidity, but we know that our supporters have come to Digitex looking for the opportunity of profitable scalping.

So, check this out.

At a relatively modest price of $0.045 per token, that's a profit of over $1,800 in a single day. 


And it's real. This screenshot was taken by Ish, one of our first 20 traders. $1,800 in scalp profits with not one red cent paid in fees. 


We did say zero-fee trading would be revolutionary. 


So as you'd imagine, our blog content this week has had a heavy focus on the mainnet launch. Monday was the big announcement that the doors were open, on time and as promised. However, we had to wait until Tuesday before we could start to see any tangible results. Our traders had started to report their first profits, and the DGTX token had climbed over 10% in response to the news of the mainnet opening. Check out all the action from the first 24 hours in Tuesday's blog post


By Wednesday, we decided it was high time for you to read some of the great feedback we were getting from our first traders. Not only were they sharing their profits, but some of their comments really highlighted that the Digitex mainnet has delivered on its promise.

They've also been very proactive in helping to spot any remaining bugs in the platform, which is crucial to helping us get the mainnet ready for onboarding more users. You can also check out the many live streams that they've been publishing, showing profitable scalping in action - check it out in our Wednesday post


By Thursday, it was time to turn our attention outward again to the cryptocurrency markets for the monthly roundup by our resident trading veteran Dave Reiter. 


The headline news is that all cryptocurrencies delivered returns in April for the first time since October, including DGTX which delivered gains of 22%. However, Dave also zooms out to explain why the Fed's money-printing exercise is bullish for crypto. Read why in Dave's latest market analysis.

Finally, we ended the week with a bang! What better way to celebrate a successful mainnet opening than with a brand-new listing for the DGTX token? That's right - at the Mainnet AMA on Friday, Adam confirmed that starting from Monday, May 4, traders will be able to buy DGTX on Korean trading platform ProBit. 


ProBit is a global top 20 crypto exchange in real daily trading volume, with over 300 trading pairs, more than 300,000 monthly active users, and active in eight different markets and languages. 


Adam explained that we're teaming up with ProBit to launch a giveaway of 86,000 DGTX tokens. He also answered all your questions covering the Digitex development roadmap, plans for new markets, and what was his first reaction when the Digitex mainnet went live. To find out how you can participate in the DGTX Token Giveaway, and all the answers to these questions and more, head on over to our Friday blog post.

Digitex in the press

The Digitex mainnet launch hasn't gone unnoticed by the press this week. NewsBTC led the way with a feature about the DFE opening. It explains our zero-fee model and outlines the plans to ramp up users to a full public launch in the coming months. 


Global Investor Group took notice of the serious trading volumes on our platform and published a piece highlighting the fact that we'd churned through $7m worth of contracts in the first 24 hours of opening. Taking a macro view, the report also mentioned a report forecasting that crypto is reaching a tipping point for mainstream adoption. 


Finally, BeInCrypto covered the awesome feedback from our group of 20 traders regarding their experiences of zero-fee trading on the mainnet. The coverage shows some of the same screenshots from our blog post, along with examples of the profits earned by our traders. We're really pleased that the earning potential of zero-fee trading is reaching a wider audience, hopefully attracting more newcomers to the #DFE! 


Now that we finally have a live, working product to showcase to the world, we'd like to say thank you once again to all of our loyal supporters for your patience and commitment to the Digitex vision since the ICO. We wouldn't be here without you.

Although this week has sprinted past, with all this action, it feels more like running a marathon! But we aren't planning to stop for a break any time soon. We'll be back next week with more content, some fresh voices on the blog, and plenty of updates from live zero-fee trading on the Digitex mainnet.

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