Digitex Futures, the Seychelles-based cryptocurrency startup has introduced the much-anticipated public launch of its Bitcoin Futures alternate on July 31 following months of intensive testing. Since the launch of its mainnet, Digitex Futures has been progressively including extra merchants enabling them to expertise the platform and likewise present any suggestions that can be utilized for additional enchancment.
Now, with the general public launch, anybody can create an account on Digitex Futures and begin buying and selling at zero charges. The variety of markets obtainable on the platform is presently confined to only one – BTC/USD perpetual swap, with extra anticipated to be added quickly. According to Digitex Futures, its ETH/USD perpetual swap is already obtainable on the testnet and there are plans to introduce different crypto markets in addition to conventional markets like oil, gold, and S&P 500.
Explaining the choice to begin with simply the Bitcoin market, CEO of Digitex Futures Adam Todd stated, “I wished to pay attention all of the liquidity on one in style market to offer us one of the best likelihood of getting the amount cranking, and that’s precisely what we’ve achieved.” Further including, “now we’ve launched the world’s first sustainable commission-free bitcoin futures alternate and we’re on the point of add conventional markets as nicely, to be the primary crypto alternate to offer merchants publicity in these areas and continually innovate out there.”
So far, Digitex Futures’ launch plan has been profitable as its 24-hour buying and selling quantity has already hit over $2.four billion. Apart from zero charges, the platform’s design and intuitive consumer interface are notable options that favor the crypto buying and selling group. Users can enroll simply with out having to undergo a cumbersome KYC course of, profit from deep liquidity, make use of TradingView charts and graphs and customise their dashboard as per their comfort (which incorporates 4 totally different colour schemes). Digitex Futures could be accessed throughout a number of gadgets together with desktop and cellphones so long as they’re related to the web.
Founded by a former futures and betting-exchange dealer, the Digitex Futures platform is perfect for day buying and selling scalpers. The zero-fee characteristic will increase the profitability of those excessive frequency-low margin BTC scalp trades because the platform doesn’t eat into the income accrued over a number of trades, which typically isn’t the case with different exchanges.
“Not solely do they [other exchanges] eat into your income however they really flip them into losses. Digitex is the primary alternate that enables merchants to maintain 100% of their income with no home edge working in opposition to them. I couldn’t be happier to lastly share my dream of commission-free buying and selling with the world.”
The Digitex Futures public launch shall be accompanied by an all-day buying and selling occasion with Adam Todd and among the greatest influencers within the crypto house. The platform may even give away $250,000 value in its native DGTX tokens together with branded merchandise throughout the occasion. In order to take part within the buying and selling occasion, all it’s a must to do is join an account on the platform on July 31, deposit 1000 DGTX, and keep the steadiness all through the day.