Ahead of its upcoming public testnet launch on November 30, Digitex Futures began closed testing for its Alpha group. The first 100 or so testers are comprised of experienced traders, industry influencers, and some of the company’s most loyal supporters--and loyal, indeed, they have had to be.
After a long and bumpy road to reach this point, Digitex Futures may just be one of the biggest comeback kids of crypto.
Initial Feedback from the First Testers
In tandem with the closed tester onboarding, Digitex opened up a Telegram group in which traders could share their experiences, provide feedback, and report bugs. The group has been a non-stop hive of activity over the past few days and the response has been overwhelmingly positive so far.
Among the most common comments the company is receiving is that trading on the testnet is “addictive”. CEO and founder Adam Todd held a live AMA in the Telegram chat this Monday in which testers congratulated him for creating such a “fun” and “addictive” environment to trade on.
One tester said, “u have a made a dangerously fun platform. Hard to stop myself from putting orders on the ladder interface.”
My experience with the closed testnet version of the Digitex Futures exchange has been great so far. I tried to place only a few orders at first and tried to gain some DGTX just by going in and out all the time with one tick wins. After several trades, I was up 1000 DGTX. To be honest… it is very addictive!
A further tester echoed the sentiment saying, “I traded until 4:30 am then my laptop battery ran out! It’s highly addictive!” And another said, “The combination of one-click trading plus no fees make it feel extremely easy to go big and play aggressive... I can’t wait to see how it works with a lot more people on the platform.”
There’s Still Work to Be Done
Apart from praise for the ease with which traders are making (play) money thanks to market makers set to be active; users are seemingly loving the ability to place orders with one click.
Digitex uses a trading ladder interface that allows traders to stay in the zone. They can literally see the price moving up and down on either side of the ladder and place trades with a single mouse click, no need for extra keyboard strokes or mouse movements.
They’re also enjoying seeing the exchange being developed and improved upon every day. One tester exclaimed:
What I like the most is the constant development and improvements being done every day. In the beginning, we had only access to the main user interface with ladder, chart, etc. The very next day, a panel was added with other pages such as my profile, wallets, history, support, etc. Improvements are literally being done while trading.
As Adam explained in Monday’s AMA, the testnet is still very much a work in progress and many more features are being added all the time. In fact, just as some of the testers asked him whether he had received their early feedback, he shared some screen captures with them of a new interface already incorporating their suggestions.
He answered multiple questions throughout the rapid-fire AMA and thanked the group for the time taken to provide feedback as well as ask questions and put the exchange through its paces.
He also explained that, so far, the bugs that are being reported were known about but, “it’s good that they’re being reported by others and not just me.” He went on to say, “So overall very happy with how stable everything is and now it’s just a case of making it totally solid for mainnet.”
Third Time's a Charm
They say the third time's a charm and for Digitex Futures, nothing could be closer to the truth. The company’s very public launch delays and scraps with development teams lead many to lose faith in the project. In fact, at the end of April this year, DGTX, the exchange’s native token lost more than 75% of its worth in less than an hour.
Adam Todd and his team were called just about every name under the sun and struck off the list by many as a scam that would never come to fruition. After such a white-knuckle rollercoaster ride and through sheer determination of a dogged CEO, it’s great to see Digitex finally getting closer to reaching its goals.
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