Wrapping up another huge week for DFE...
| | After last week's crazy volatility in the crypto markets, this week has been remarkably less so, with BTC still unable to break through the stubborn $10k resistance level. Nevertheless, our mainnet traders continue to whip up a storm on the DFE, and we just onboarded another 150 newcomers! This means we now have nearly 570 eager, active, and enthusiastic users creating the kind of liquidity many exchanges can only dream about! |
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On Monday, we took the time to check in with the mainnet group to see how they're finding the DFE six weeks post-launch. We're delighted to say that the platform is proving a hit with traders of all levels! New traders are still telling us how they're quickly able to turn a profit due to the ease of scalping on the ladder with zero fees. Meanwhile, even high-profile pro traders and influencers like Dmitry Lavrov and Yuri Moiseeve are rethinking their stance on scalp trading, thanks to our unique platform. Read all their feedback over on the blog. |
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Last week, the DFE achieved record 24-hour volumes of $120m, thanks to the rollercoaster ride of the Bitcoin price. But what happened in the broader markets? Our analyst Ali Martinez has been looking at some of the macro trends. Ali's findings show that institutional investors have a keen appetite for this volatility, while it seems to be putting off retail traders. To us, this indicates that Digitex is primed to swoop in and entice futures traders who keep having their profits eaten up by other trading platforms. Read Ali's full analysis here. |
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Luke Green has been a DGTX HODLer ever since the ICO when he was still relatively new to the whole crypto trading space. So when he bought in, he never expected that he'd be an active trader on the DFE. Fast-forward two years, and Luke is now one of our most active mainnet traders! In Wednesday's blog post, he explains how the DFE has opened up a new blended investment approach, where he can HODL some of his DGTX while turning in trading profits of over 30% from the rest. Those are the kind of returns stock investors dream about! |
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On Thursday, the DFE underwent some scheduled maintenance where the technical team implemented some system updates. We're pleased to confirm that we now have a partial automatic withdrawal in place, where users can withdraw up to 5,000 DGTX. There's a minimum limit of 1,000 DGTX and a fee of 5 DGTX. Some minor UX/UI improvements also came in. Unfortunately, we experienced some issues with the DFE mainnet almost immediately afterwards. The technical team traced this back to a system overload due to high price data traffic. We're now working to add more capacity, along with a backup solution. Adam has also promised that all traders who lost out will be reimbursed. Read the full report on the blog. |
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So another week has just whizzed past! We'll be back next week with yet more news, educational content, and market talk. In the meantime, we wish all our Digitex community a wonderful weekend. Thanks for HODLing on throughout the journey to zero-fee trading! |
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