With a successful public launch behind us and more people enjoying trading BTCUSD futures on a one-click ladder with zero fees, we’re not about to rest on our laurels. If you’ve been following the project, you’ll already know about some of Adam’s ambitions for the DGTX token and the ecosystem that we’re busy building. But here in this article, we lay out the Digitex roadmap for the remainder of 2020. From a zero-fee cryptocurrency exchange to traditional futures markets, we’re going to send shockwaves through the crypto community.
Digitex Roadmap for Quarter 3
It’s hard to believe, but we’re already in the third quarter of 2020. While most people can’t wait to see the back of this challenging year, at Digitex, we take comfort in the fact that we’re thriving, building, and growing.
Adam and the team finally delivered the beast of an exchange that we promised and, with insane volumes taking place already on our BTCUSD futures market, we’re thrilled to see traders taking full advantage of the lack of fees for the very first time. Now we’re ready to offer them more choices.
ETHUSD Futures Market
This month, we’ll be adding the ETHUSD futures market to the mainnet. Already being put through its paces on the testnet, and with the growing bullish price momentum on ETH, we believe that the ETHUSD futures market will be very popular with traders right now.
Anticipation for ETH 2.0 is reaching fever pitch along with the growing DeFi momentum. In fact, DeFi is showing so much potential in the space with improved products and protocols, and greater liquidity on DEXs that we’re seriously considering converting DGTX from ERC223 into an ERC20 token so we can list DGTX on popular decentralized exchanges. We’ll be discussing this in more detail soon but, suffice to say, with ETH making massive moves in the crypto market and posting YTD gains of over 200%, there couldn’t be a better time to capitalize on the volatility.
And that’s not the only exciting addition to the DFE in August. We know you’ll all be pleased to hear that the long-awaited API will also be integrated next week, which will allow traders to plug in their bots and trade programmatically. The community has been asking for it for some time and we’re thrilled to be able to deliver at last after testing it extensively on the testnet. We’ll also be providing you with detailed instructions as to how you can use it best from our in-house expert Cryptrader.
The DGTX Converter
In addition to the API and the ETHUSD market, we’ve got the DGTX Converter as well which will replace the Digitex Treasury. This will avoid any further manipulation of the DGTX price by whales seeking to buy cheap tokens from the Treasury that the community has been concerned about. It will also make onboarding new users even easier as they’ll be able to deposit ETH, USDC, USDT, BTC, and other cryptos into the Digitex Futures exchange and convert them instantly into DGTX, with no commissions on the transaction. We’ll be releasing the DGTX converter on to the testnet next week, and if all goes well, it should be live on the mainnet the following week.
By popular demand, we’re also going to be officially opening the Digitex Store next week. We’re hugely excited to offer you high-quality branded merchandise directly from our site with must-have items for DGTX fans including coffee cups, hats, phone cases, T-shirts, hoodies, jackets, posters, sticker packs… and our highly-coveted silver and diamond DGTX collector coins!
Traditional Futures Markets
As we move into September, we’ll be gradually adding more markets to give traders exposure to traditional futures. The first of these will be gold, oil, and the S&P 500. With precious metals hitting all-time highs and major volatility in stocks and commodities, traders will see a lot of action scalp trading these markets. It will also mark another industry-first for Digitex as the only exchange to offer traditional and crypto futures trading completely commission-free.
Digitex Roadmap for Quarter 4
Multiple Trading Ladders on Same Page and New Look UI
We’ll be surprising you in October with a brand-new user interface that we’re sure you’re going to love even more than the current one. There will be one-click navigation between markets and also the ability to display multiple ladders on the same screen. Traders will be able to place stop-loss orders by clicking in the ladder and in general, the new UI has a cleaner, more polished feel that we believe will really take Digitex to the next level.
Zero-Fee Cryptocurrency Exchange – The Digitex Spot Exchange
In November we’ll be rolling out our groundbreaking commission-free cryptocurrency exchange – the Digitex Spot exchange! This is going to be another massive game-changer for the space as many traders who only spot trade can finally trade cryptos without paying punishing fees and without having to use a clunky, badly designed UI that requires multiple keystrokes and mouse movement.
Just like our futures exchange, the Digitex Spot exchange (DSE) will feature our unique one-click trading ladder that lets traders jump in and out of trades at lightning speed, stealing single tick profits that aren’t eaten up by commissions. This will create highly liquid trading pairs that in turn will attract other longer-term traders who can enter and exit large positions without any slippage, further boosting liquidity. DSE will also have a trading API so traders can easily plug in their bots, boosting liquidity even more.
The zero-fee, scalper-friendly Digitex Spot exchange will have mass appeal to the larger cryptocurrency community and we expect it to be a good source of new users who will then discover zero-fee futures trading on DFE.
Wrapping It Up
As you can see, we’ve got plenty going on for the rest of the year, focused on rolling out key features, improving the user experience, educating and creating more winning traders, and gradually scaling up our marketing efforts. And, of course, during this time, we’ll be continually listening to your feedback and developing additional sources of utility for the DGTX token.
Adam will be making live YouTube appearances and AMAs, and the much anticipated updated whitepaper will be released early Q4, finally revealing in detail our ambitious plans to create more utilities for the DGTX token and dramatically increase demand. As Adam mentioned during the live launch event, the public launch is only the beginning. This is the start of great things for our project and we thank you for joining us for the ride.