Following the roaring success of this week’s impromptu Monday Madness event in which our market makers lost a massive 1 million DGTX in 24 hours, we’re excited to announce that it’s back for a second round! After putting it to a community vote, a resounding 82% of you said that you wanted to see the event happen again. But, this time, with a difference: the market maker losses will be split across two of our markets: $1 BTCUSD and $5 BTCUSD.
Another Round of Monday Madness?
As you can see from the results below, the majority has spoken! While not everyone is in agreement as to which markets the losses should happen on, we’ve decided to go ahead with the two most popular markets on our exchange right now: $1 BTCUSD and $5 BTCUSD.
We had such positive feedback from traders about how high-octane and liquid trading on the DFE was–and how easy it was to make gains with such a tight spread–that we wanted to do it again. We also know that last week’s event caught some of you unaware, which is why we’re giving you plenty of time to get prepared this time around! The second round of Monday Madness will commence on Monday, October 12, 2020, at 14:00 UTC and run for 24 hours up until Tuesday, October 13, 2020, at 14:00 UTC.
With a 24-hour trading volume on our $1BTCUSD market eclipsing that of all major exchanges with the exception of Binance this week, we’re expecting to see some serious action on the DFE next Monday. So, make sure that you get ready and let all your friends know so that they can share in the easy gains and get a taste for trading on a rapid-fire ladder with zero fees.
Just like the first round of Monday Madness, Adam will be posting routine screenshots throughout the event to prove how much his market makers lost in his PnL.
How to Take Part
If you’re an existing trader on the DFE, all you’ll need to do is ensure that you’re trading on the DFE during that period and that your account is stocked up with enough DGTX to place all the trades you need. Don’t forget that you can now take advantage of up to 100x leverage to maximize your gains.
If you’re new to the DFE, this is the best time to join. With the market makers losing so much DGTX, as Adam mentioned earlier this week, it’s going to be “difficult to lose” during this time. With such a fast and loose trading environment, the DFE mainnet is very similar to the testnet when traders were trying out new strategies with play money. Now though, the gains are real and, with zero commissions on any trade, you get to keep all of the profit.
Simply sign up for an account on Digitex now. It’s hassle-free and only takes a moment with no need for cumbersome KYC. Then, be sure to load your account with DGTX straight from our Digitex Treasury in a simple trustless transaction with zero slippage – the price you see is the price you get. Let’s cause a flurry in the BTC futures trading community as the second round of madness unfolds!