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With the current bitcoin bull run and greater institutional support, more people than ever are entering the industry, and more products are being introduced to accommodate this growing demand.

One of the latest of these comes from Digitex, a commission-free exchange. The firm has announced on April 15, 2021, that its new spot market has formally launched. In a bid to make the trading experience easier for new members and benefit existing ones, their new spot exchange allows the buying of DGTX directly as well as other popular cryptocurrency pairs.

Details About the Digitex Spot Market

As part of the launch, six new trading pairs have been introduced: DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, and DGTX/USDC. There are many suggested benefits to spot markets, including for those that are not interested in futures trading.

This type of customers can make as many transactions as they want and will not have to incur any fees while doing so. Digitex also allows users to withdraw their funds at no additional charge. The crypto market is a volatile one, and while this might make it unpredictable, it also makes it an exciting one to capitalize on. Digitex users can now take advantage of it using a single exchange wallet.

Following their principle of respecting users’ privacy, no KYC is required for customers to carry out their transactions, but they are currently running a special offer for new customers to receive $25 upon completing their KYC.

According to  Digitex CEO and founder Adam Todd, these new measures are designed to make the customer experience as seamless as possible, and this is in line with the company’s philosophy.

“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. By allowing traders to trade cryptocurrencies and futures from one universal wallet, they can interact with our markets in a faster and more convenient way that’s delivering real value to users,” he said.

Digitex’s current futures trading option was introduced almost a year ago in July 2020 and was designed to allow high-frequency transactions without users having to pay fees on every one of them. This has proven to be a resounding success so far, with a record  22 billion contracts processed in a 24-hour period. The exchange has also maintained its zero-fee trading model by leveraging its native DGTX token, which is used for the payout of profits and losses.

Ultimately, Digitex is taking the initiative to serve the relatively new crypto market that will only get bigger over time. Not only this, but players in the market will want to make transactions with as few fees as possible and as quickly as they can.

TIME Magazine has doubled down on its cryptocurrency endeavors by enabling bitcoin and other assets to be used as a form of payment for digital subscriptions. The innovation comes a few weeks after the New York City-based magazine partnered with Grayscale to produce educational crypto videos and be paid in BTC.

TIME Readers to Purchase Subscriptions With Crypto

With the first issue released nearly 100 years ago, TIME Magazine is among the largest and oldest news magazines and websites in the US. The company announced earlier today its second cryptocurrency-related partnership in a week.

By collaborating with the popular digital asset exchange CryptoCom, TIME will begin accepting crypto assets as instruments of payments for its digital subscriptions.

Readers who choose this option will “receive unlimited access to content across Time.com for 18 months with their one-time purchase, as well as subscribed-only events and offerings.”

Initially, only subscribers based in the US and Canada will be able to pay with cryptocurrencies, but the two parties plan to expand it to other countries by the end of the year.

As part of the partnership, users selecting to pay with CryptoCom’s native digital asset – CRO – will receive Pay Rewards of up to 10% back.

Following the announcement, a spokesperson from CryptoCom told CryptoPotato that the company is “always looking for new and innovative partnerships that advance our mission of accelerating the world’s transition to cryptocurrency.”

TIME to Hold Bitcoin

Shortly before the aforementioned developments, TIME collaborated with the largest digital asset manager – Grayscale – to produce a new educational video series about cryptocurrencies.

What’s perhaps even more notable is the payment method. Upon making the announcement, Grayscale’s CEO Michael Sonnenshein informed that TIME and its CEO – Keith Grossman – have agreed to be paid in bitcoin.

Moreover, TIME will hold the received BTC on its balance sheet, thus joining the likes of MicroStrategy, Tesla, and many more.

Thrilled @Grayscale is partnering w/ @TIME on a new video series coming this summer explaining the #crypto space.

Equally as important, @KeithGrossman & @TIME has agreed to be paid in #Bitcoin – and will hold the $BTC on their balance sheet. A first for our media partnerships!

— Michael Sonnenshein (@Sonnenshein) April 12, 2021