Digitex Futures & DGTX Token: The Overview Of The Zero-fees Commission-free Platform For Future Trading

teekingtv (68)in #digitex • 6 years ago (edited)

Hello readers! I am @teekingtv and today, I bring to you something very special. Something you might have not heard about or that you have heard about but do not know much about it and how it works. Something that is set to create a new world for the future cryptocurrency trading experience. It is none other than Digitex Futures – a commission-free trading platform whose mission is to ensure that we enjoy a zero-fees crypto trading, hence setting grounds for no-transaction-fees mode of trading. This is such a deep platform and I will be writing lots of blogs to cover every depth and width of Digitex Futures and DGTX Token. This post however is an eye opener on what Digitex is all about and what it tends to offer us as crypto traders. Take a cup of coffee, sit back and take this ride with me.

We are already living in the future. Do not be shocked, that is just the truth. Okay, may be a harsh one. Blockchain technology has opened our eyes to what we have been missing with the traditional way of trading we were used to. Blockchain technology is of course a revolution. It has changed our trading system and paved way for many of the new trading and transaction systems being used today. While Bitcoin and its siblings continue to increase in market cap and are even being used as a mode of payment in some organizations today, transaction fees and other charges continue to pose serious threats to the profits we stand to make from trading. Thanks to Digitex Futures, we do not have a cause for fear of losing our profits to transaction charges anymore.

What is Digitex Futures?

Digitex Futures is a commission-free trading platform that uses Blockchain technology to eradicate transaction fees associated with Cryptocurrency trading thereby masterminding a zero-fees transactions and a totally decentralized account balances system. Being a decentralized system, this means that your tokens are no more going to be in other people’s (middlemen’s) pockets. Your cryptocurrencies do not need to pass by some designated middle systems before getting to you and hence, that makes the system trustless.

Transaction charges can be so frustrating at most times as these are deducted from the profits we tend to make from trading. Sometimes, it can be so huge that we would hardly be making enough profits after trades. Digitex Futures is however here to put a stop to this and ensure that we enjoy and flex with our profits to the fullest.

How then does Digitex Futures generate its revenues since transaction fees are terminated?

I know this would be the next question on our mind. Of course every enterprise needs to generate income. Unless it is a non-profit organization (which is not even always a zero-profit system), the purpose of starting a business enterprise is to generate revenues. Now I will explain to you how Digitex Futures generate revenues.

DGTX Token

Powering Digitex Futures is a protocol token called Digitex Protocol Token (DGTX Tokens). This is an Etherium based ERC 223 compatible token which serves as the Digitex native currency which will eliminate transaction fees and cover profits, losses and account balances margins within the system. With DGTX Tokens, Bitcoin Futures trading can now be done with ease and without losing all or part of the profits we are meant to make from the trading as we have feared.

Cryptocurrency has continued to grow from what it was in 2010 and (take it or leave it), will soon take over business enterprises all over the world. We have some companies that pay their workers salary in Bitcoin and Altcoins already and the development will only continue to boom. This means the size and demand of DGTX Tokens will be very high as countless traders from all over the world will storm Digitex Futures Exchange to enjoy zero-fees trading.

Read more about the DGTX Token on Digitex Whitepaper here.

How is DGTX Token being supplied and distributed?

The team behind this great system has ensured that DGTX token will be distributed across the trading community in a very matured and in fact, enviable sense; to ensure that this token is evenly distributed and that the system itself is well decentralized. Below is the breakdown of the token supply and distribution:

650M DGTX (65%) DGTX Token Sale

200M DGTX (20%) Digitex Market Makers

100M DGTX (10%) Team (current and future)

50M DGTX (5%) Referrals

Source

From what we can see above, it means 65% of the total 1,000,000,000 DGTX tokens set to be released will go to the general public and me and you can claim part of this by buying as much as we can as soon as the token sales commences in January 15th, 2019. As per the information from the Whitepaper, the token will be exchanged with Etherium at an equivalent price of $0.01. If I were you, I would start saving for the token from today onward. We are talking about a token that has a very high potential and is increasingly appreciating.

While the Digitex Market Makers enjoy a whole 20% of the 1,000,000,000 DGTX tokens set to be released, the Digitex team and their advisors will pocket 10% of the tokens and 5% will be released out to referral programs.

Buying and Selling DGTX Tokens

The zero-fees mode of operation of the Digitex Future Exchange ensures that traders can change the DGTX token to other tokens like Bitcoin, ETH, etc and vice versa without the fear of losing their money to different kind of charges that are naturally associated with exchange transactions. A frictionless and very fast mode of transaction among traders where they will be able to change DGTX token to any of other popular cryptocurrency they need in a matter of seconds, will ensure a smooth buying and selling of DGTX token.

While some will buy the token to put in stock, many others will want to exchange their tokens for DGTX so as to use it for all form of transactions within the Digitex Futures platform and convert the leftover back to their preferred tokens after the daily transactions. So in a nutshell, there is going to be a fast and smooth buying and selling of DGTX token within Digitex Futures platform and other exchange communities.

Track and watch DGTX token

DGTX token price can be tracked on CoinMarket, Coinlib, livecoinwatch and others. Below are some screen grabs of the live activities regarding DGTX token as at press time. Follow the link on the above exchange markets to view the updated information on DGTX token.