Get Ready for Commission-Free BTC Futures Trading from Digitex
- With a beta version already in full swing handling high volumes, the company is feeling confident in its product.
After a little over two years in the making, Digitex Futures will finally launch the Mainnet Mainnet A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. Read this Term of its zero-fee BTC futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term on April 27.
This will mark a historic moment for the young company that’s had its ups and downs since its 2018 ICO.
It will also bring a series of firsts to cryptocurrency futures trading in the shape of zero fees and a one-click trading ladder interface creating what the company calls a “scalpers’ paradise.”
Removing Commissions from Every Single Trade
All traders on the Digitex Futures exchange must buy its native DGTX exchange token to take part.
All trades are executed in DGTX and all profits and losses denominated in the exchange’s currency.
This continued demand for the DGTX token from traders looking to take part in active liquid markets without paying a single commission will create a constant demand for the token, allowing Digitex to remove the fees.
With a beta version already in full swing handling high amounts of volume, the company is feeling confident in its product. CEO and Founder Adam Todd said:
“There’s currently nothing like this in the crypto derivatives market. We’re getting so much positive feedback about the fact that traders can trade over and over and over again without incurring a single fee. Once we hit the mainnet, we’ll be giving active traders and scalpers the chance to make money on small price movements without losing out on commissions. This is currently impossible on fee-charging exchanges.”
He added, “It hasn’t been easy to get this far, we have had our fair share of development problems on the way, but now that the beta is receiving such praise and we have a launch date for April 27, finally we can deliver the game-changing exchange we set out to ever since our ICO.”
A Trading Ladder Interface Marks a First for Crypto
Beyond zero fees that enable aggressive trading strategies such as scalping, Digitex Futures is the first platform to introduce a traditional futures trading ladder to crypto trading. Veteran traders including ReadySetCrypto’s Doc Severson have commented that the ladder is “the most important part of it.” He said, “this is what’s missing from every other futures-based interface that’s out there in crypto… a proper trading ladder.”
Other testers on the beta have also enthused about the unique interface, with Cryptrader saying, “I have been in this space since crypto futures first came onto the scene… I can say with 100% confidence that Digitex Futures has the most user-friendly UI for any scalper to use in the crypto space. When you combine that with zero commissions it is truly amazing how much of an edge you can take back as a trader.”
The Mainnet Launch on April 27
To ensure that the mainnet launch goes off without a hitch, onboarding will be a gradual process.
Digitex did this when it opened up its beta version, selecting a small group of “Alpha” traders to enter before opening the doors to the general public.
This kind of soft launch allows developers to monitor the platform and ensure there are no issues for a few days before general onboarding.
But with the high amount of volume the beta is taking thanks to Digitex’s ongoing Trading Battle rewarding testers with real DGTX prizes, the team is confident in its robust platform.
One Digitex tester silvi silvito commented, “Trading on the platform this week was just outstanding. Stable and robust taking massive volumes and huge traffic.
Even made it to the top 100 and get rewarded with 100 DGTX tokens. Pure addictive and very smooth performance. LOVE IT!”
First-place winner of the Trading Battle Scalpy added, “Once you get used to the idea of being able to place orders at the price you want using a ladder, there’s no going back… As a scalper, the concept of commission-free trading is the stuff of dreams.”
With momentum riding high and a crypto derivatives market growing at a rapid pace with more and more entrants from Binance to Bakkt, Digitex looks set to turn heads this Spring shaking up the way crypto futures are traded for good.
After a little over two years in the making, Digitex Futures will finally launch the Mainnet Mainnet A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. A mainnnet is a term to describe the primary blockchain network that a cryptocurrency project will operate. The mainnet reflects the final product or stage of a cryptocurrency project that can be accessed and used by the general public. This means that cryptocurrency transactions are being broadcasted, verified, and recorded on blockchain.In contrast to mainnet networks exists testnets, which describe the state during which a blockchain protocol or network is not yet up and running on its full capacity. A testnet is used by programmers and developers to test and troubleshoot all aspects and features of a blockchain network before they are sure the system is secure and ready for the mainnet launch.How ICOs Help Sculpt the MainnetPrior to the mainnet of a blockchain is launched, project’s team will install an Initial Coin Offering (ICO), Initial Exchange Offering (IEO), or other strategies to help levy funds and grow community support. Traditionally, collected funds injected into the project in a bid to develop the prototypes of the blockchain network that are then tested during the testnet phase. Migration onto the mainnet from the testnet is an act that must be undertaken with great care. Errors in this process can result in a partial or complete loss of funds from the network.The eventual mainnet launch is a key milestone in a cryptocurrency’s lifecycle. The launch of the mainnet signifies the moment that a cryptocurrency network is ready to begin acting as a system of value transmission, and has the potential to grow its adoption.Some of the most significant mainnet launches that occurred in 2018 include the Tron network and the EOS network. Read this Term of its zero-fee BTC futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term on April 27.
This will mark a historic moment for the young company that’s had its ups and downs since its 2018 ICO.
It will also bring a series of firsts to cryptocurrency futures trading in the shape of zero fees and a one-click trading ladder interface creating what the company calls a “scalpers’ paradise.”
Removing Commissions from Every Single Trade
All traders on the Digitex Futures exchange must buy its native DGTX exchange token to take part.
All trades are executed in DGTX and all profits and losses denominated in the exchange’s currency.
This continued demand for the DGTX token from traders looking to take part in active liquid markets without paying a single commission will create a constant demand for the token, allowing Digitex to remove the fees.
With a beta version already in full swing handling high amounts of volume, the company is feeling confident in its product. CEO and Founder Adam Todd said:
“There’s currently nothing like this in the crypto derivatives market. We’re getting so much positive feedback about the fact that traders can trade over and over and over again without incurring a single fee. Once we hit the mainnet, we’ll be giving active traders and scalpers the chance to make money on small price movements without losing out on commissions. This is currently impossible on fee-charging exchanges.”
He added, “It hasn’t been easy to get this far, we have had our fair share of development problems on the way, but now that the beta is receiving such praise and we have a launch date for April 27, finally we can deliver the game-changing exchange we set out to ever since our ICO.”
A Trading Ladder Interface Marks a First for Crypto
Beyond zero fees that enable aggressive trading strategies such as scalping, Digitex Futures is the first platform to introduce a traditional futures trading ladder to crypto trading. Veteran traders including ReadySetCrypto’s Doc Severson have commented that the ladder is “the most important part of it.” He said, “this is what’s missing from every other futures-based interface that’s out there in crypto… a proper trading ladder.”
Other testers on the beta have also enthused about the unique interface, with Cryptrader saying, “I have been in this space since crypto futures first came onto the scene… I can say with 100% confidence that Digitex Futures has the most user-friendly UI for any scalper to use in the crypto space. When you combine that with zero commissions it is truly amazing how much of an edge you can take back as a trader.”
The Mainnet Launch on April 27
To ensure that the mainnet launch goes off without a hitch, onboarding will be a gradual process.
Digitex did this when it opened up its beta version, selecting a small group of “Alpha” traders to enter before opening the doors to the general public.
This kind of soft launch allows developers to monitor the platform and ensure there are no issues for a few days before general onboarding.
But with the high amount of volume the beta is taking thanks to Digitex’s ongoing Trading Battle rewarding testers with real DGTX prizes, the team is confident in its robust platform.
One Digitex tester silvi silvito commented, “Trading on the platform this week was just outstanding. Stable and robust taking massive volumes and huge traffic.
Even made it to the top 100 and get rewarded with 100 DGTX tokens. Pure addictive and very smooth performance. LOVE IT!”
First-place winner of the Trading Battle Scalpy added, “Once you get used to the idea of being able to place orders at the price you want using a ladder, there’s no going back… As a scalper, the concept of commission-free trading is the stuff of dreams.”
With momentum riding high and a crypto derivatives market growing at a rapid pace with more and more entrants from Binance to Bakkt, Digitex looks set to turn heads this Spring shaking up the way crypto futures are traded for good.