| | Today marks exactly two weeks since the DFE's official public launch and we're busy fulfilling our promises. This week has been jam-packed as usual with our very own CEO Adam Todd gaining recognition by top-tier mainstream publication Entrepreneur, and the Digitex Trading API officially being integrated onto the mainnet. The debate is also on over whether DGTX should convert to an ERC-20 token, and trading God Trader Cobb kicked off his four-part trading course with the first action-packed informative webinar. Read on to find out more. |
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Should DGTX become ERC-20? |
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With DeFi currently booming and DEXs gaining popularity, we're often asked when DGTX will be listed on decentralized exchanges. The problem we have with this is purely from a technical standpoint. DGTX was issued on the ERC-223 token standard which makes it incompatible with most DEXs.
Since Adam's never been much of a fan of the clunky interfaces and low liquidity, we haven't seriously considered changing to ERC-20 before. But now significant improvements have been made and we're getting more requests from you, we put it to a community vote. Catch the details here. |
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The Digitex trading API has landed |
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It's been long-awaited especially by those of you who want to start automating your trading strategies or developing applications for Digitex. So, we're excited to announced that the Digitex Trading API finally went live on the mainnet this week.
Resident DFE trader and contributor Cryptrader made an informative video explaining how the API will change the game for Digitex in terms of liquidity and trading action. He also shows you how to find it in your account and create your API key.
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Sulla's latest look at DGTX fundamentals |
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Another of our strongest supporters and keen fundamental analyst Sulla crafted a stellar report this Thursday. Taking cues from the Digitex Roadmap for the rest of 2020, he takes a look at the incredible achievement the exchange has made by regularly hitting the top-10 ranking in Bitcoin derivatives by 24-hour volume - just two weeks after launch.
He examines the impact of the Digitex Trading API, as well as the addition of the ETHUSD futures market at a time when Ether is experiencing high volatility due to the DeFi boom and ahead of the launch of ETH 2.0.
He then places a particular focus on the impact that adding traditional futures markets will have on the exchange in terms of gaining user base and how, with the gold price soaring right now, speculation on its price will be a huge draw to new traders, pushing DGTX's potential up higher. Read more about it in this in-depth piece here. |
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Trader Cobb kicks off Part 1 of his awesome course |
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Last but certainly not least, one of the top traders in the crypto space right now Craig Cobb (AKA Trader Cobb), started his four-part free webinar-series. With a focus on high-probability trading, he shared some of his invaluable insights and keys to being successful. He advised participants to keep trading as simple as possible and to always have a plan.
He also told them to have a routine, to trade without their emotions, and that less is more when it comes to trading. He then held an interactive session in which participants learned to identify upward and downward trends as well as recognize real support and real resistance levels. Don't miss this incredible series and catch the recap of part 1 on the blog here. |
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If you haven't had a chance to check it out yet, be sure to catch up on this feature interview with Adam by Entrepreneur. The interview takes a deep look at the Digitex project and the unique features of not only the Digitex founder and his personal journey but also the massive upside potential of the DGTX token. In fact, in the worlds of the top-tier business publication itself, DGTX is "primed to disrupt the cryptocurrency industry." |
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That's all from us this week. We'll be updating you soon on the results of the ERC-20 poll, providing you with further educational content, giving you an update on the DGTX Converter, and of course, starting part 2 of Craig's series in which he focuses on mastering price action. Take care, be well, and, as always, if you'd like to give us feedback on any of our latest initiatives, we sure to hit us up on our socials. |
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