Sponsored Writing Contest held by @originalworks : Digitex (crypto currency exchange with zero trading fees)
DIGITEX : I am pretty sure in coming months this name is enough for people to know what is digitex.
Its a COMMISSION LESS trading platform for future contracts. Yes u r reading it correctly, Commission-free exchange for trading digital currencies.
Its not enough. Its not only trading digital currencies like other exchanges but it will also trade future contracts. Guys its a best way of attracting more traders. Surely there will be no liquidity problem. in addition its a decentralised exchange.
Again this is not enough, DGTX token as exchange token will be used to issue for exchange funding. Commission free trading benefits is only for holders of DGTX token holders.
Digitex will change the way crypto users thinks ir trades with future contracts. Generally In futures trading fees is big problem. No one can book small profits because of trading fees and market takes u turn and eventually users end up in loosing big amount, but with this commission free structure its easy to book small profit as small as u want. so that means 0.1 more means profit of 0.1 and so we don't have to bother about fees.
Now question comes how trade survives without trading fees, as various maintenance required at different stages?
For that exchange issuing another exchange token DGTX. trading fees structure will be only for those who will be holding DGTX token. so demand of this token will rise more and more and eventually good volume will follow resulting in solving liquidity problem.
DGTX token already trading on exchanges. already listed on Coin Market Cap. I can see very bright future for DGTX token specially with commission less future exchange. I have done my purchase of DGTX token. In my opinion binance exchange BNB token price will be not far. I expect on worst case scenario dgtx token trading around 0.5$ by 2019 end, 2$ by 2020 & 10$ by 2021. Now we have to see how exchange will actually works after launching in 4th quarter of 2018.
Most important users have the power and control over how the Digitex Futures Exchange is funded. so surely price is going to increase pretty fast.
I hope DGTX token will get extra user case value like voting power for listing new coins and also DGTX holders can provide suggestion for improvement in future. every single use case will help in DGTX to grow even faster.
Traders speculate on the price of Bitcoin against the US dollar, but their trading profits and losses are paid out in DGTX tokens. This means that traders need DGTX tokens to enter a trade, and this creates demand for DGTX tokens from traders.
There is huge rush for DIGITEX early access waitlist which already hit 100K.
Always one step ahead of the pack, the Digitex Futures Exchange is going to be one of the very first live apps to incorporate Plasma technology into our trading exchange. By using Plasma sidechains, we can operate in a decentralized way free from holding any customer funds. We’re confident of delivering hundreds of thousands of users at once near-instantaneous results.
1000M Total DGTX Supply
• 650M DGTX (65%) DGTX Token Sale
• 200M DGTX (20%) Digitex Market Makers
• 100M DGTX (10%) Team (current and future)
• 50M DGTX (5%) Referrals
PRICE PROJECTION FOR GIGITEX TOKEN
Main Features and Beneﬁts
- Zero Trading Fees
- Decentralized Account Balances
- Highly Liquid Futures Markets
- Automated Market Makers
- Digitex Native Currency
- Token Issuance Revenue Model
- Bitcoin, Ethereum & Litecoin Futures
- One Click Ladder Trading Interface
- Large Tick Sizes
- High Leverage
- No Auto Deleveraging
- Sub-Millisecond Order Matching
- Off-Chain Price Discovery, On-Chain Settlement
- Decentralized Governance by Blockchain
- Complete Privacy
- Blockchain Driven
For more details please refer below links
my you tube video link :
(Above video is in 2 languages - starting with English for everyone and than I repeat in same video itself in indian national language Hindi)