writing contest: Digitex

Let's define some terms

The markets of future

The markets of future consist of the accomplishment of contracts of purchase or sale of certain matters of a future date, agreeing in the present on the price, the quantity and the date of maturity. Nowadays these negotiations are realized on stock markets.

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If you want to buy bitcoins, Ether, Ripple or any other criptocurrencies, the normal thing is that you do across a 'exchange'. These markets of purchase, sale and transfer of virtual coins have turned into the reference to invest in this volatile segment.

Precisely it has done that these exchanges do a lot of money overnight. It thinks that some of them gain 3 million dollars a day, and they do it without having to mine or invest money in these criptomonedas: the commissions are the secret of a business in which in addition there is an important profit.

The fees

The collected data of different pages webs for their study are based on the information of CoinMarketCap, where the volumes are compiled historical records in the different markets from criptocurrencies.

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Although the market is down this semester, the operations do not stop and the activities of purchase, sale and cryptocurrencies are still huge.

Each of these operations imposes a commission, and although these commissions have also been reduced in recent times in specific cases such as bitcoin-to operate with this virtual currency became really expensive at the end of 2017-, these commissions are those that they allow these intermediaries to earn a lot of money.

How much? No one knows for sure, but the data speak of 'exchanges' that are around 3 million dollars of income per day. This is the case of Binance and Upbit, two of the major players in the sector. That means that their annual income is around 1,000 million dollars if those rhythms are maintained, which is amazing for companies so young and with such a diffuse structure.

Digitex

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Digitex is a token and decentralized exchange free of fees with its own native token. Digitex covers the cost of running the exchange by creating a small number of new tokens each year instead of charging transaction fees in the exchanges. Committed free futures markets on a stable, fast and secure trading platform will attract a large number of operators who must buy DGTX tokens to participate, creating a higher demand for DGTX tokens that compensates for the small inflationary cost of creating new tokens.

Transaction fees are eliminated in the Digitex Futures Exchange through the creation of a The token based on the Ethereum, called the DGTX token, and using it as a native currency of the United States.
All gains, losses, margin requirements and account balances are denominated in DGTX tokens, which means that operators must hold DGTX tokens for participate in the free markets of commissions and without trust of Digitex. This creates demand for DGTX tokens by merchants, which allows the exchange to replace the revenue. generated from transaction fees through the creation and sale of a small number of new DGTX files every year.
Instead of penalizing active operators for providing liquidity, this new business system imposes a small inflationary cost to all chip holders and so these holders will create demand for the DGTX token.

The new issue of tokens is democratically made by all DGTX chip owners using Decentralized governance by the block chain. They will collectively decide how new cards that must be issued and when, in order to cover the operating costs of directing the exchange. Keeping the futures exchange is the best for everyone. the owners of DGTX tokens because the exchange creates demand for the DGTX tokens and gives the card its usefulness and value.

More Information & Resources:

• Digitex Website
• Digitex WhitePaper
• Digitex Blog
• Digitex Telegram
• Digitex Reddit
• Digitex Facebook
• Digitex Twitter
• Digitex YouTube

digitextwitter

https://twitter.com/Mfestra/status/1041847671898742788

My video

digitex2018

 

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Posted from my blog with SteemPress : http://mfestra.rockdio.org/2018/09/18/writing-contest-digitex-2/

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