20 tháng 12, 2019

🎄 Let the Festivities Commence!

The holidays are nearly upon us! And this is the last newsletter before they kick off in earnest, so we wanted to make sure our community is up to speed with all things Digitex.

For a brief time this week, it seemed that the Grinches were out in force when Bitcoin took several nosedives to dip below $6,600 for the first time in over six months. At the time of writing, the market has undergone a correction, and BTC is back above $7k once again. 

 

If you've been testing your trading skills on the Digitex Beta, hopefully, you managed to follow these swings and make a healthy profit in DGTX testnet tokens on some timely short trades this week! 


If not, then there's no better time to get some practice in! The markets are still pretty volatile, and research suggests that Bitcoin tends to undergo price increases right before a holiday. The Digitex Beta provides the perfect opportunity to hone your trading skills under real market conditions, before our big mainnet launch next year.

From the Blog

As the year draws to a close, we've been reflecting on our mission for 2020. Of course, the number one priority in a practical sense is opening the doors on a mainnet launch. But Adam's vision in creating Digitex has always been to create more winning traders. 


In the first of this week's blog posts, we discuss how the winning trader mentality has been the driving force for bringing Digitex to life, and how it can help you become a winning trader yourself.

Cryptocurrencies have become more popular over the years, but so far, we've yet to see a "killer app." All the feedback we've been getting from traders on our beta platform is that Digitex's ladder trading interface and zero-fee model is addictive, making it potentially highly appealing to those who enjoy gaming and gambling. Could Digitex prove to be the killer app that catapults crypto into the mainstream? We present the argument in the second of this week's posts on the blog. 

 

Against the backdrop of a pretty flat 2019 in the crypto markets, together with many big projects failing to deliver on their initial promise, it would be easy to get despondent about the state of the crypto space. 


However, there are plenty of positive indicators, including a buoyant crypto job market and huge inward investment. In the last of this week's posts, regular contributor and trader Luke Green makes the case for Digitex as one of the up-and-coming projects with a solid use case that will last the distance, even where others fail.

Digitex in the Press

It's not just us looking forward to 2020. CoinRivet published a list of predictions for the year ahead, giving some insights into the kinds of trends we can expect to see dominating the crypto space next year. Of course, regulation will continue to be a hot topic, and scalability isn't going anywhere either. 


But among the newer developments are central bank-backed coins, and of course, zero-fee trading! Adam added his two cents' worth to the discussion, explaining how exchanges can attract a new kind of trader if they stop killing profits with fees. 


In this piece, he's also backed up by Shamir Karkal, a digital banking entrepreneur, who reaffirmed that larger firms such as Robinhood moving into crypto will create a booming market for zero-fee trading. 


So, that's all from us! We'd like to send a big, festive thank you to all our supporters who've stuck with us during this year, which we know has been difficult at times. Digitex is now on the up-and-up, and there's every reason to get excited about the year ahead.

We have some absolutely stellar announcements coming up over the coming weeks, so keep your eyes peeled.

But in the meantime, eat, drink, be merry, and look forward to zero-fee futures trading erupting onto the crypto markets in 2020!

Happy Holidays!
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22 tháng 11, 2019

😆 Minus 7 Days to the Public Testnet Launch

It's so tantalizingly close now! In only one week, we'll have an army of testers ready to pile into the full beta version of the Digitex Futures trading platform! But more on that in a moment.

As we mentioned in last week's newsletter, we have now onboarded the first group of 100 Alpha testers, and their feedback has been overwhelmingly positive. In fact, our entire week has been spent disseminating all the comments, observations, and suggestions we've been receiving from the community in various ways. 

 

Of course, we aren't going to pretend that everything is already perfect with the exchange. If that were the case, we'd be ready to do a public launch tomorrow. (And we're not!)

 

We know that the current version has bugs to fix, and this is why we need testers putting the platform through its paces, so we can weed them all out piece by piece. However, bugs aside, our first testers absolutely love the platform!

An Overwhelming Response

On Monday, we published a blog post with a summary of some of the comments we've received so far. The general consensus is that the ladder trading interface is addictive and truly brings the zero-fee trading experience to life. 

 

You don't just need to take our word for this. The initial testers have been out in force on YouTube, putting up videos showcasing the interface at work, and openly sharing their views. 


CoinCollector said he is "just amazed at the work they've done with the exchange so far." Futures Scalp opened his video by saying he thinks that Digitex is going to be "life-changing" once it goes live. And our very own Luke Green, aka lukusdukus, predicts that "traders, once they find out about this, are going to flock to this exchange."

On Tuesday, Adam hosted an AMA on Telegram, which was closed to the group of testers already on the platform. Because not everyone could participate, we created a summary for all our supporters so you can see the kind of questions and suggestions coming in from the tester group. 


A large proportion of the AMA discussion was around future developments and features, which we're taking as a testament to how happy the group is with the current functionality. 


Our latest blog post spotlights the feedback from two of our professional trader testers. ReadySetCrypto's Doc Severson spent a full 10 minutes of his show doing a video review of the Digitex test platform.
You can see the full review for yourself, but we were particularly happy with his input that the Digitex ladder is
"what's missing from every other futures-based interface
that's out there in crypto."

Our resident analyst and veteran trader Dave Reiter also shared his views. According to Dave's Fibonacci analysis and based on the barrage of great feedback about the alpha platform, DGTX could see a new ATH coming soon.  

 

We're continuing to onboard a small handful of alpha testers, carefully selected from the crypto space for their help in promoting Digitex to the wider public. So you can expect to see more reviews and coverage coming soon!

The Last Mile

So how are we progressing in advance of the full testnet launch? The developers are doing a sterling job of fixing all bugs as quickly as possible after they're reported. They're also collating all the suggestions coming in from testers. As things stand while we're writing this email, there are more suggestions pending than bugs - 45 suggestions vs. 35 bugs in progress! 


Overall, we couldn't be in better shape for the testnet launch. 


This means that our loyal supporters will be on the receiving end of the magical invitation email next Saturday, November 30! The testnet will open from November 30, so we'll be sending out invitation emails in a mass mail the day before. 


Everyone, including the current group of Alpha testers, will need to register for an account on the testnet. From there, it will be open season on zero-fee trading with play DGTX tokens and shooting down all those pesky bugs!

Digitex in the Press

With the testnet about to land, our press coverage is starting to gain serious traction. Cryptoslate featured our press release covering the early testing, including much of the positive feedback we've received. 


CryptoPotato ran an article listing all the big names in the crypto derivatives trading space, featuring the likes of BitMEX's Arthur Hayes, Bakkt's Kelly Loeffler, and our very own Adam Todd. If we achieve Adam's dream of toppling BitMEX from its leading position, it won't be long before he's headlining these kinds of lists!

NewsBTC also published an overview of the Alpha testing, focusing on the great reception from the testing community. This piece hones in on the ladder interface and how its ease of use enables traders to really get in the zone of trading. 


Finally, this week's coverage ended with an article from CryptoGlobe, headlined with a warning that our ladder trading interface is "highly addictive." Perhaps we should consider offering Digitex with a health warning?

ONLY SEVEN DAYS TO GO! We can hardly believe that after the rollercoaster ride of the last two years, we're within touching distance of our biggest-ever milestone to date.

Thanks for being there with us on the journey to a zero-fee trading revolution!
Adam and Team :)

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