Traders League
Trade high volumes, boost your ranking, and accumulate DGTA!
Traders League: Be the Top Trader and Claim the Biggest Rewards!
Starting November 21, 2024, Digitra.com’s Trade to Earn program will adopt a simplified distribution format, making way for an exciting new program—Traders League. This new league is a trading competition based on traded volume, offering DGTA tokens as rewards.
Read on to learn about the Traders League and how it works. For more details on Trade to Earn, click here!
What is the Traders League?
The Traders League is a daily competition among traders on Digitra.com, where the top users—those trading the highest volumes of the day—earn rewards. The competition is organized by trading pair, so to join, all you need to do is trade as much volume as possible within each cryptocurrency pair on the platform. You can choose to compete within one specific pair or across multiple pairs simultaneously. Each pair’s top trader will earn 50 DGTA tokens. If you secure the top position in multiple pairs, your rewards add up. With all current pairs available, you could earn up to 3,100 DGTA in a single day by topping each pair’s ranking.
How Does Traders League Work?
Each trading pair has its own daily leaderboard, so you can compete in multiple pairs at once. The Traders League screen in the Digitra.com app shows pairs with fewer competitors, your current ranking in each pair, and your rewards for each position. The competition closes daily at 10 PM UTC. At this time, the day’s top traders receive their DGTA rewards based on their final ranking. As soon as one competition ends, the next begins, meaning any trades placed after 19:00 will count toward the following day’s competition.
How Do I Join?
Simply make trades on the platform, and you’re automatically in the League! However, to secure higher positions, you’ll need to trade higher volumes and target less competitive pairs. Since each pair has its own ranking, pairs with fewer trades offer a better chance at climbing to the top.
How Much Can I Earn?
A total of 10,000 DGTA tokens are distributed daily through the program. Each pair receives a share of this total. In a hypothetical scenario with 60 trading pairs available on the platform, the rewards for each ranking position would be as follows:
1st place: 50 DGTA 2nd place: 40 DGTA 3rd place: 30 DGTA 4th place: 20 DGTA 5th place: 10 DGTA 6th place: 9 DGTA 7th place: 7 DGTA
These values assume a hypothetical 60 active markets on Digitra.com, allocating a total of 10,000 DGTA tokens for this program.
You can track your position and potential rewards on the Traders League screen in your app.
When Do Tokens Get Credited to My Account?
Any tokens earned from that day’s competition will be credited to your account after 10 PM UTC. Trades made after this time will count toward the following day’s rewards.
Log into your account, start trading and be the Digitra.com's Top Trader!
Glossary
Currency Pairs: These are trading options that allow you to exchange one currency for another. For example, to buy Bitcoin with Brazilian Real, you would select the BTC/BRL pair.
Traders: Also known as market participants or negotiators. If you’ve bought or sold cryptocurrency, you’re considered a trader.
Trade: A trade is a buy or sell transaction of an asset. The term “trade” literally means “exchange,” as it involves swapping one currency for another. For example, buying Bitcoin with USDT means you’re exchanging USDT for Bitcoin.
Liquidity: Refers to the ease with which currency pairs can be traded. Each exchange has its own order books, and for smooth transactions, each pair needs to maintain liquidity.
Learn more about the DGTA token in the Litepaper!
