Digitex Bitcoin Futures Exchange Set to Launch 30 April

Decrypt Media released an interesting article recently concerning the Digitex launch, which according to CEO Adam Todd, will go live on April 30. This is one year after the ICO that raised $5.2 million took place. Digitex hopes to compete with BitMEX, a popular futures market that has a $3 billion trading volume on a daily basis.

Another quality to Digitex that may attract more individuals and that may allow it to better compete with BitMex is that it will have no trading fees. However, it should be noted that even with the absence of trading fees, the Digitex token’s cost is in the inflation and the requirement that it be used on the platform.

He also added that the system will be fairer than BitMEX, which is facing accusations of trading against customers and of wash trading. BitMEX denies these allegations.

Currently Bitmex is providing leverage trading with upto 100x so this would be exciting to see what this new exchange will bring for the community.

Thank you.

Source of shared Link

---