Digitex Futures, the commission-free bitcoin futures exchange platform by Digitex Ltd is on its way to achieving a significant milestone by listing its native DGTX exchange token on KuCoin. According to the recent announcement, DGTX/BTC and DGTX/ETC trading pairs will be available on IDG Ventures backed KuCoin global exchange from July 3, 2020. Deposits for DGTX will open a day before on July 2.
The listing of DGTX trading pairs on KuCoin enables over 5 million users from more than 200 countries to start trading the digital asset against popular cryptocurrencies. Popular as the “People’s Exchange”, KuCoin has a strong presence in some of the emerging crypto markets like South Korea, Vietnam, Turkey, India and Italy which will play an important role in promoting the adoption of DGTX and Digitex Futures platform by the crypto community.
“We’re extremely excited about our latest partnership with KuCoin… Our community has been asking for a listing on a major exchange for a while now and we’ve always been fans of the diversity of offering on KuCoin as well as its reach and popularity. As we head into the public launch of the Digitex Futures mainnet, being listed on KuCoin will allow us to get in front of even more traders and make buying DGTX even easier,” said Adam Todd, founder and CEO of Digitex Futures exchange.
Soon, the Digitex community can start trading on KuCoin and avail the benefits of multi-language round-the-clock customer service, cold storage technology, high-liquidity and a user-friendly interface offered by the global exchange giant. Apart from the web platform, KuCoin has also made mobile applications available on Android and iOS devices.
Digitex Future is currently in a limited-release phase after the mainnet launch on April 27, 2020. At present, the platform is offering just one market (BTC/USD) perpetual swap for select traders. The platform is following a gradual phased approach to adding more traders as it gears up for a full public launch in the coming weeks. Digitex uses DGTX as the denomination for all accounting and transactions on the platform.
The CEO of Digitex, Adam Todd has also revealed that following the public launch, the platform will be expanding its offering by adding contracts tracking the price of ETH and other markets including traditional assets like gold, oil, and forex. By doing so, Digitex will broaden its appeal to a wider group of traders.