Futures trading platform Digitex prepares for public testnet, announces release date

Digitex, a trading platform for crypto futures contracts, announced today that it will be launching its public testnet on Nov. 30, 2019.

For market makers and takers, Digitex won't charge for any transactions.

The project plans to cover all operational costs by creating value/demand around the Digitex Futures token.

On the testnet, the firm says the exchange will be able to handle over 10,000 users trading concurrently and up to 50,000 transactions per second.

A date has not been set for the Digitex platform's mainnet launch yet, but the project team has said that testnet trading is anticipated to last for two months.

After the testnet stage wraps up, Digitex plans to launch on the Ethereum mainnet.

As it stands, 2019 is shaping up to be an important year for emerging futures trading platforms in crypto.

The launch of Bakkt, another highly-anticipated trading platform, is scheduled for Sept. 23, 2019.

Digitex is aiming to appeal to a broader range of users and traders.

According to the Digitex homepage, the platform has over 1.54 million signups on its waitlist.