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Digitex Exchange Announces Partnership with Ethereum Dev Team Plasma And Debuts First Live Demo

Commission Free Crypto Exchange Digitex is proud to announce their intentions at the upcoming Blockchain Summit: the debut of their working exchange for the first time, as well as a partnership with the Ethereum plasma development team Matter Inc.

Debut Details

CEO and Founder of Digitex Futures Adam Todd will be speaking regarding Plasma, the Ethereum blockchain as well as its effects on the exchange which is set to have Version 1 launch sometime in December 2018. Todd said the below about why Malta was chosen for the unveiling of their exchange, saying:

“Malta is, without doubt, the Blockchain Island and we feel at home among so many brilliant and receptive minds. We can’t wait to make history not only by knocking the futures industry on its head but by adding the most secure and technologically flawless Plasma solution to our platform.”

Currently there are over 400,000 signups on the early access waitlist, with the first 5000 receiving 1000 DGTX so they can try out features on the futures trading platforms ahead of everyone else. Those that refer a friend can move their spot up on the list, perhaps making it into the top 5000.

Plasma Partnership

Partnering with Plasma is a big deal since Digitex will be one of thousands of potential candidates, really highlighting the potential this exchange has. Not only is the exchange one of the first companies to receive this innovative technology, but is the only hybrid crypto exchange to have access to this solution. Alex X, Head of Research at Matter Inc. said:

“It’s also a large shift for user experience, where users become the true owners of their data and it will require much more responsibility from them. I think that the implementation of a non-custodial futures exchange is a great first step on this long road–it does not require an enormous R&D to achieve great user experience as in the case of decentralized spot markets (also known as decentralized exchanges – DEXes), but allows to start building an ecosystem and shift users habits from centralized to decentralized solutions.”

CEO and Founder of Digitex Futures Adam Todd commented:

“We’re extremely excited and honored by the opportunity to work with Plasma’s core development team and to be one of the first companies to implement this technology, the long-awaited solution to Ethereums’ scaling issue,”

Adam went on to say:

“It seems very fitting that Digitex should be the first hybrid exchange to adopt this technology. We’re breaking the mold with our commission-free non-custodial trading model and now we’re able to offer our traders the most cutting-edge technology solution available. We couldn’t be happier.”

For more information check out Digitex’s website. Those interested in learning about the project can read the whitepaper here.Follow on Twitter: @bitcoinnewscom

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