As we’ve been steadily onboarding users to the DFE mainnet, we’ve alluded to some of the work being done behind the scenes to prepare for a full public opening. Now, we have the official go-ahead from the development team to unveil the full details of what’s currently in progress!
Up Next: Stop-loss and API
Following on from last week’s update that introduced automatic withdrawals, the next updates to the mainnet will involve rolling out stop-loss and the API. Stop-loss is a critical feature for managing risk, and therefore one of the top priorities for implementation before we open the DFE to the public. Currently, it’s being tested on the beta platform, and the development team is working through some bugs.
We also have a dedicated Telegram group where mainnet users can provide direct feedback to our UX/UI creative team. This group is proving invaluable in making sure that the team is tapped into the DFE trading community and getting the feedback they need to create a killer trading experience. The first collaboration is already in operation, working to improve the stop-loss user experience.
For fans of algorithmic trading, the API will come afterward. Currently, we have a small group of traders, along with some of the Digitex team, conducting alpha testing. Once we’ve fixed any initial bugs, that will also be migrated to the beta platform for final testing before go-live.
Currently, mainnet users can only deposit DGTX tokens, which is fine while we’re undergoing a phased onboarding from the Digitex community. However, it will be a barrier to new users once we open.
Therefore, the development team is also working on implementing ETH deposits as a way of removing this barrier. Users will be able to deposit their ETH on the DFE, and then convert them to DGTX so they can start trading.
While BTCUSD perpetuals will likely always be the flagship product of the DFE, it was always our intention to offer a broader range of markets to our users. Therefore, we’re delighted to confirm that we have no less than THREE new markets scheduled for rollout over this summer!
- ETHUSD perpetual contracts
- Gold/USD perpetual contracts, tracking the price of gold
- Oil/USD perpetual contracts, tracking the price of oil. The precise asset, Brent or WTI, will be determined soon
All of the developments listed above are currently being worked on and are in scope for a summer implementation.
We aren’t stopping there! There are other developments in the pipeline, although these will be delivered in late 2020 or early 2021. The team has already started working on spot markets, meaning that the DFE will be opened up to a broader range of crypto traders holding various crypto assets. We anticipate that we can start rolling this out late in the third quarter of this year.
Another critical launch will be the Digitex Mobile App. Although the DFE currently has a very user-friendly mobile-responsive interface, the app will be a fully-functional version of the DFE and all its features in its own wrapper.
Work on the app hasn’t yet started but will be well underway by the end of the summer.
Under the Hood
Of course, not all the development work and updates are visible to users on the front end. The team is also working on several essential updates on the back end of the DFE.
These include an advanced admin panel for the Digitex support team, and a new notification and monitoring system for support tickets. Both of these will help to streamline the timing and quality of responses to user issues and inquiries.
So as you can see, there’s plenty on the way! Launching the mainnet to the public will be our biggest milestone to date, but that’s only the beginning of the journey. Digitex will keep working to ensure that our platform is the most attractive trading venue on the market. And with zero-fees, crypto’s only ladder trading interface, and the DGTX token, traders won’t have any reason to go anywhere else.