First Look at the Digitex Futures Exchange!
We know that you’ve all been very curious to see how the Digitex Futures exchange will look, and today Adam shares his personal first look at the software. In this candid video, Adam goes into the details of the exchange functionalities… Showing off the easy-to-use one-click ladder interface, charting features and more! Check out the video and get ready, Digitex is launching soon!
The Digitex one-click ladder interface will give you lightning-fast functionality for manual trading. You’ll also get the same top-of-the-line charting features! We’ll be helping all traders to learn to make the best use of the platform through educational materials, so don’t worry if anything is new to you.
You will have access to multiple order types on your left, the traditional candlestick style chart in the center, and the Digitex ladder on the right so you can see the price action moving up and down constantly.
When you’re trading all day long, having advanced trading tools at your fingertips can greatly ease the process. The Digitex Futures exchange will come complete with the ability to create rules, speed up entry and execution, and make smarter trading choices.
As well as fast submission from the ladder interface, the Digitex platform offers you multiple order types using traditional order placements, including Market Order, Limit Order, Stop Order, and Stop Limit Order. These are essentially automated functions like trading bots that allow you to set up requests to buy or sell under specific instructions.
This means you can establish rules within the interface to reduce your manual work and ensure that the system is trading for you when you’re not at your computer.
So, for example, you can create a rule that says never buy higher than the last sale price. But since this only prevents a buy transaction from happening, you can also put a stop-loss rule in place so if the market bottoms out, you won’t be stuck with losing positions and can sell before the dip.
Existing Orders and Positions can always be modified whenever you require. You simply need to drag and drop the corresponding elements on the chart. This is a super-fast way of changing your position to reflect the market and allows you to bypass order tickets for trading at its simplest.
The Digitex Ladder
The Digitex Ladder displays prices vertically, allowing you to see the bids and offers moving up and down the ladder.
One click submission allows you to instantly react to market movements without needing to take your eyes from the price or use the keyboard.
The BTC tick value is currently set at $1, reducing noise and unwanted movement in pricing allowing for a tight bid/offer spread.
— Price moves up and down
— Visualise up and down price movements much easier
— Submit trades instantly (one click) at any price, make or take
— See & Take profit/loss in one click (one-click flatten)
— See gaps in the prices instantly
— Quick cancel
— Live volume & Traded amounts
Charting & Chart Trading
Given our advanced features, you’ll be able to view the charts in a way that’s comfortable to you, through the traditional candlestick model below, or through bar charts, or tick charts, for example. This is customizable for every trader so you can view the screen in the way that suits you best.
You can also take screenshots of the charts and share them easily with other traders through multiple sharing options. This makes it even simpler to get advice or discuss the latest price action with other traders before making a move.
You can also create orders directly from the chart by right-clicking on the desired price level and selecting Create New Order to proceed to the New Order menu. Alternatively, you can select Sell/Buy Limit, Buy/Sell Stop or Buy/Sell Limit to create the respective order directly on the desired price level. You can also set up price alerts, active positions, and pending orders.
The Takeaway
We’re just in our final testing phase getting ready to launch at the end of the month. If you’re ready to start trading on Digitex, be sure to buy DGTX ahead of the launch. Get ready to start trading with zero-fees!
https://digitexfutures.com/news/first-look-at-the-digitex-futures-exchange/
