Friday, December 27, 2024
Home > Analysis > Digitex Launches Zero-Fee Spot Markets Creating All in One Exchange 

Digitex Launches Zero-Fee Spot Markets Creating All in One Exchange 

As the zero-fee spot markets join the flagship Digitex futures markets, traders now have the convenience of trading from one universal wallet.

Commission-free cryptocurrency exchange Digitex Ltd. announced on Thursday, April 15th the launch of its new spot markets which will offer zero fees on all available crypto pairs. The all-in-one exchange now features six cryptocurrency trading pairs including DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, and DGTX/USDC. 

Digitex is no longer just a futures exchange, rather it’s a place where spot traders can place as many trades and transactions as they like without incurring a single fee. They can also withdraw their funds completely free of charge unlike any other crypto exchange on the market.

Digitex, with its unique zero-fee model that uses the DGTX token for all interactions on the exchange, is the only platform that enables high-frequency trading strategies. Apart from zero-fee trading, Digitex new spot trading feature also comes with a new improved UI and UX to ease trading, a statement from the team reads: 

“We want to offer our traders an experience they won’t find anywhere else. So, not only have we removed ALL fees, zero trading, and zero withdrawal fees, but we’ve also really improved our UX and UI on this latest release,” Digitex CEO and founder Adam Todd said. 

“The overall trading experience on Digitex is totally optimized, allowing traders to walk away with real profit. That’s what it’s all about, delivering real value to users.” 

As the zero-fee spot markets join the flagship Digitex futures markets, traders now have the convenience of trading from one universal wallet—allowing users to interact with Digitex’s markets in a faster and more convenient way.

The Digitex matching engine has been battle-hardened on live markets with thousands of real users through extreme BTC volatility since 2019 and has proved itself capable of handling over 22 billion contracts in a 24-hour period. 

About Digitex Ltd

Digitex Ltd is a cryptocurrency spot and futures exchange. The exchange makes use of its native DGTX token to enable liquid commission-free markets. The company was founded by former futures and betting-exchange trader Adam Todd, who developed a revolutionary token issuance revenue model for sustainably operating an exchange without charging commissions.

Altcoin News, Blockchain News, Cryptocurrency news, News

Author: Andrey Sergeenkov

Founder and editor at BTC PEERS. Andrey writes about financial experiments, DeFi, cryptocurrency, and blockchain.

Source