Digitex Releases An All-In-One Spot & Futures Exchange
Digitex LTD, a zero-fee cryptocurrency futures exchange has recently announced the much-awaited launch of its zero-fee spot markets. The exchange is well known for being a high-frequency, futures platform also known as the scalper’s paradise, allowing users to pursue trading strategies that otherwise would not be possible on fee-charging exchanges.
The Digitex exchange, with its native token DGTX, launched the mainnet futures exchange last summer of 2020, and since then has been battle-tested on live markets with thousands of real users through extreme BTC volatility. The matching engine technology has proved itself capable of handling over 22 billion contracts in a 24-hour period–on the crypto industry’s first and only single-click ladder interface.
With the latest release, the company states that Digitex is no longer just a futures exchange but a place where spot traders can place as many trades and transactions as they like without incurring a single fee. Users can also withdraw their funds completely free of charge unlike any other cryptocurrency exchange on the market.
Digitex launched six trading pairs–DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, DGTX/USDC–and will be gradually adding more according to demand.
Not only do traders enjoy the benefits of zero-fee trading, but they can also participate in the company’s Liquidity Mining Program. Digitex traders collectively make over $10,000 worth of DGTX daily—each spot market pays traders 25 DGTX per minute, which comes to 417,600 DGTX paid out daily.