Altcoins Talks - Cryptocurrency Forum

Marketplace => Marketplace & Bitcoin Services => Topic started by: CryptoInvestor on April 26, 2020, 01:57:41 AM

Title: DGTX coin exchange is launching April 27, 2020!!!
Post by: CryptoInvestor on April 26, 2020, 01:57:41 AM
As you know, we’re gearing up to welcome the first 20 traders to the mainnet starting from this Monday, April 27. The Digitex community has been buzzing with anticipation, and we’re now delighted to unveil the group who will be making history as the first people to experience zero-fee Bitcoin futures trading on the live Digitex Futures exchange.

We’re mostly working with handles and not full names to protect the privacy of our traders. However, many of you will recognize the handles as these guys are highly active on the Digitex Telegram channel.

We’re delighted to introduce:

Luke Green
WhyLose
Sulla
P Mac
JD(izzle)
Ish
Björn DGTX German
Lucas
Diego
Nuckles
Davide
Cryptrader
Denny Donato
Grandpa
Floyd1973
JDCrypto
Marcus
A Priori
Alex Hp-Vx
Bitcoin Trader
The criteria for selecting the group were based on various factors. First and foremost, they’re all long-standing and loyal supporters of Digitex and what we’re aiming to achieve. They’re all experienced traders who understand the game and can be proactive in helping us test the mainnet and find ways to improve it.

They each understand that the mainnet isn’t necessarily going to be perfect from the moment they enter but will work with us on making everything work as smoothly as possible, as quickly as possible.

Although the value of DGTX holdings wasn’t a factor, each of them is also willing to trade their own DGTX on the mainnet as part of the effort to get the DFE up and running.

Anticipation is Building!
We have set up a dedicated Telegram group, and from the discussions that are taking place, there’s a real sense of excitement and anticipation. Many of the first 20have their own YouTube and social channels, and here’s what some of them are saying:

JD(izzle) told us:

“DGTX is about to open the book to a new chapter of trading, of which the world has not yet been able to conceive. Never before has an exchange created a strategy for profit based solely on its functionality, free commissions.”

Davide said:

“Strategies that are loss-makers while we’ve been paying fees can now be profitable. Thanks to Adam and all the people that work to allow this dream.”

Diego, who is also an admin for the Italian-speaking Digitex community with his own Discord channel, added:

“I’ve been holding my DGTX since the ICO, and I can’t wait to try the platform! Finally, the dream comes true, a reality that will change the way we trade.”

Marcus has even started sharing content ahead of Monday’s opening, with a video showcasing Digitex’s brand new mobile UI launched earlier this week. Check it out on his YouTube channel! And he’s not the only one. Cryptrader, another of our group of 20, also made a video review of the new mobile UI.

Others in the group have said they are also planning to release YouTube videos or live streaming via various platforms. Keep an eye on the Digitex social channels next week because we’ll be sharing it all for the community to see what’s happening.

When Will You Be Onboarding More Traders?
We know this is the most burning question for those of you still waiting to try the mainnet for yourselves. It will be a decision led by the #DevelopmentTeam , depending on the progress of the first 20. The good news is that we’ve already started the process of selecting the next group of 200 traders who’ll be onboarded.

We’re also accepting requests from the community. If you’d like to be in with a chance of participating in the next group, then you can complete this Google Form, and we’ll consider your request.

What Can We Expect from the Mainnet Onboarding?
Well, the biggest change compared to trading on the testnet is that the mainnet is a real, live trading environment. Traders will be using real DGTX tokens to trade real BTC perpetual contracts.

Everyone eligible will get the 1,000 DGTX airdrop prize awarded as part of the waitlist contest, which will be waiting for them when they log into their mainnet account. But there’s a bonus, too.

We’re restarting the daily Trading Battle! Here’s how it will work:

There will be a daily prize pool of 20,000 DGTX, which will be distributed according to the daily volume traded. The prize pool will increase by 1000 DGTX each time we onboard a new trader, to a maximum daily prize pool of 100,000 DGTX. Once we exceed 100 traders, only the top 100 traders by volume from the first group of 200 traders will be eligible to receive a share of the daily prize pool.

So why are we so generous with the DGTX prizes? We want to ensure that there’s as much trading activity as possible because it helps us identify anything that needs to be fixed so we can help onboard new traders. However, it also ensures there’s some natural market-making happening on the exchange.

Eventually, we will introduce professional third-parties. We have the capacity for tremendous volume, as evidenced by our testnet Trading Battle when we saw trading activity up to 11 billion contracts in a single day. However, Trading Battles also create a competitive environment among our users, which is the best way to stimulate liquidity.

Because the mainnet involves trading real money, we don’t anticipate that we’re going to see the same issues of bot trading as we saw on the testnet. But of course, we’ll be monitoring everything carefully to ensure a level playing field for all.

A final note on the Trading Battle. The #DevelopmentTeam  are giving 100% focus to mainnet preparation right now, so the Trading Battle dashboard isn’t ready to automatically allocate the daily prizes and scores. We will be doing this manually, so it means all traders will need to check the score details in the First 20 Telegram group created for DFE active traders. One of our community members will be posting scores and sending out prize payouts each day.

So that’s it! The #DevelopmentTeam  will be beavering away this weekend to make sure everything is ready to open the door to the 20 lucky traders. They’ll each receive an email on Monday with instructions on how to log on.

Make sure you’re all checking the blog and social channels next week to keep up with all the news on live, zero-fee trading, right as it happens!

You can buy DGTX tokens at HitBTC.com