Digitex Futures Exchange - Commision Free Exchange

maeugenia (52)in #crypto • 6 years ago (edited)

The investment in cryptocurrencies is a highly profitable option to obtain returns, however, the lack of regulations and manipulations of the market also make it very volatile. It is exactly this reason why futures contracts are a very useful tool when investing, since they offer traders the opportunity to buy or sell at a predetermined time and price in the future, so they can negotiate risk-free fluctuations in market prices. However, although the costs are lower, the fees paid by operators per transaction are very high, reducing their profit margin.

The high cost per transaction that operators pay when negotiating futures contracts slows the growth of the futures market, which is why Digitex Futures Exchange presents an alternative that offers to increase the liquidity of the said market by not charging transaction fees to its users, basing its strategy on the creation and issuance of its DGTX tokens.

[Source of the edited Image]

[Source of the Image]

Digitex Futures Exchange is presented as a very favorable alternative for operators in cryptocurrencies since it will not charge transaction fees in its contracts, the operational cost of Digitex services will be paid with the issuance and sale of its ethereum based DGTX tokens.

Digitex's transactions use an independent and decentralized smart contract that holds the account balances. That is to say, the exchange does not directly interacts with the trader's funds nor does it have access to the private keys of the parties involved in the transaction, which boosts the reliability of this platform.

It must be noted that the demand and the exchange in the market of its tokens will replace the revenues from the collection of tariffs by issuing new DGTX tokens. DGTX holders also have the option to vote or delegate their voting power to decide on the amount of tokens that are issued to cover the exchange's operational cost, in order to achieve market equilibrium and ensure zero commissions from their transactions.

[Source of the Image]

The economy of Digitex is focused on the creation and issuance of its DGTX tokens, all profits and losses are expressed in this asset. Operators must have DGTX to guarantee not to pay commissions, so the demand of its users is constant and is always growing. Users decide the amount of tokens that are issued so that inflation is as low as possible to ensure the maintenance of Digitex processes.

DGTX tokens are protocol ethereum based tokens in which all profits, losses, margin requirements and account balances are denominated. These tokens are used to initiate the exchanges and new DGTX tokens are created during each transaction to ensure the elimination of the transaction fees.

[Source of the Image]

Two years after the launch of Digitex Futures Exchange, new DGTX tokens will be created to cover the ongoing costs of operating the exchange, which include software development, servers, staff, premises, marketing, support and all other associated costs. The number of tokens that must be created depend of their demand during these two years, high demand means the token will have a higher price and thus, fewer tokens will be created to cover these costs.

[Source of the Image]

Zero Trading Fees: Not having to pay the commisions of the transactions will allow a greater profit margin.
Scalability of the cryptocurrency market: By not paying commissions, the number of investors in the cryptocurrency market will grow.

Basic Accounts Balance: Users will have control over their assets by having their private key, which represents a great advantage since the centralized systems offered by some exchange service providers are not safe, a fact proven by numerous cases where money has been lost during transactions due to hackers manipulating their system.
Futures market that guarantees liquidity: Not charging commissions on transactions will attract more users, which will increase the liquidity of DGTX tokens that will be used in the Digitex Futures Exchange. Digitex has a clear advantage over other exchange service providers and has a system that can take over the entire futures market.

Decentralized business model: By giving voting power to its users, it is guaranteed that Digitex Futures Exchange will always be executed for the benefit of them.
Easy and fast to use: Users can send purchase and sale orders with a single click.
Complete privacy: Digitex traders can operate without the need to send their personal data, which ensures that their identity can never be tracked by hackers.

[Source of the Images]

Digitex has a Peg System that allows any trader that deems the DGTX tokens as valuable but suspects that their value will have a sudden drop to lock them in the sale price in which they bought it, guaranteeing no loss and eliminating DGTX price risks on trades. However, if the value raises, they would lose money, since the tokens are locked in a specific sale price that in this case, is lower.

Digitex has a highly trained team with extensive experience in the cryptocurrency market that ensures the success and scalability of this innovative project.

Digitex Futures Exchange is going to revolutionize the futures market with its DGTX tokens, a cryptocurrency that will replace the need to charge commissions on transactions in futures contracts. Commission-free businesses will provide future markets greater liquidity and will encourage new operators to invest in the cryptographic market, since they will be able to obtain higher profits than in other exchanges due to the payment of commissions.

[Source of the Image]

This innovative platform combines the speed and reliability of centralized servers with the security of decentralized intelligent contracts. Digitex Futures Exchange updates the available balance in the smart contracts to reflect its profit and loss statement, but does not have the authority to dispose of the funds of its users in their contracts under any circumstance, the operators will have absolute control of their accounts, providing confidence and security.

The DGTX tokens through decentralized governance by Blockchain (DGBB) are responsible for democratically issuing new tokens to generate revenues that cover the operational costs of the Digitex stock exchange, in order to cover the cost of not charging commissions to its users.

We can conclude that Digitex puts in the hands of its users the best trading and investment alternative, so that they can receive the highest gains after their transactions.