| | Could this week be the biggest yet in terms of announcements and achievements for Digitex? We think so! As we ramp up to a full public launch of the DFE mainnet, we're unstoppable in our mission to make sure that the world's first zero-fee crypto trading platform is the most secure and transparent exchange on the market - bar none. |
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We opened this week with the traffic-stopping news that Digitex is teaming up with one of the brightest stars of the crypto-sphere, Chainlink! On Monday, we announced that the DFE would be the first-ever centralized exchange to incorporate a decentralized price oracle, using Chainlink's Price Reference Contracts.
This integration will provide traders on the DFE with an unparalleled assurance of price security, by reducing the risk of slippage and the kind of price manipulation previously seen on competitor platforms. Chainlink's decentralized oracles come from a wide variety of sources that are incentivized to report the most accurate data possible, making them a solid choice for our platform. Read the full announcement over on the blog. |
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As part of our ongoing mission to create more winning traders, we're always looking to share tips and tricks to help maximize your profit potential. And experienced traders know that understanding what is at stake in a transaction makes the difference between success and failure.
In Tuesday's blog post, trading expert Ali Martinez shares his approach to risk management. He explains precisely how traders can calculate their stop-loss order in such a way as to minimize the risk of losses while maintaining the potential to profit from regular market fluctuations. Even better, he does so by using a real-life example from this week's ETH price movements. |
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The Chainlink collaboration isn't the only way we've been demonstrating our commitment to security and transparency. Over recent weeks, the DFE has undergone several rigorous audits, covering exchange security, along with the core system code and architecture. Given the continuing prevalence of exchange hacks, these are matters we take seriously, both for the benefit of our users and our brand reputation. Therefore, we brought in independent experts to ensure we're at the top of our game.
We're delighted to say that none of the auditors managed to find any critical issues. This puts us on a steady footing for ramping up the mainnet onboarding and getting listed on CoinMarketCap! To read the full verdict from the auditors and find out more about their credentials, check out our Wednesday blog post. |
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We've always believed that a zero-fee trading model has the potential to achieve record-breaking volume. Shortly after onboarding a group of 100 last week, we hit an incredible $77 million in 24-hour volume. While it's still early days, with just a few hundred traders on mainnet, we now have a month's worth of data to analyze.
So we set the best mathematical brain on our content team on the case, to try and figure out what kind of volumes we could expect once we open to the public. According to statistical whizzkid and mainnet trader Sulla Felix, even with some fairly conservative estimates on users, the DFE looks set for record-breaking volume. Read Sulla's analysis to see the numbers for yourself. |
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To finish off what has already been a stellar week, Friday's announcement was another listing at a global exchange! From June 1, CoinEx will be listing the DGTX token paired with BTC and USDT. CoinEx has been around since 2017, since which time it's expanded its services to users in nearly 100 countries.
To kick off the listing, CoinEx is launching a giveaway of 175,000 DGTX tokens. 75,000 will be shared among those who deposit DGTX on their CoinEx accounts, while 100,000 will go to those who trade. Read the full rules of the giveaway on the CoinEx website, and read our announcement over on the blog. |
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As you'd expect with Chainlink ranking in twelfth position on CoinMarketCap, our integration announcement got a ton of organic press coverage. Always among the first to the news, Cointelegraph led the way, pointing out that leading Tezos developer teams are also working to integrate Chainlink.
However, other outlets quickly followed up. Our news was published in Bitcoinist, NewsBTC, Finance Magnates, and Bitcoin Exchange Guide. Thanks to the coverage from Cointelegraph, the news was also syndicated in other publications, including Investing.com.
We're proud that we've been able to secure such a high-profile collaboration and thrilled about the fact that it helps to spread the word about zero-fee trading.
So, the bar has been set higher than ever! We can't promise that every week is going to be as action-packed as this one, but we do have plenty more to come. We'll be continuing to onboard new traders, along with driving engagement among key influencers in the crypto community and rolling out some fancy new features on the mainnet. |
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So thanks for sticking with us, and we hope you're continuing to enjoy the ride as much as we are! |
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