Introduction

Crypto trading has been a constant feature of the blockchain business,investors will have to pay for the goods or commodity they want to purchase be it bitcoin,soya bean etc. For this transaction to take palce,users are required to pay a low cost(but high in terms of high transactions ) for the transaction fee,which is a dominate feature in today's crypto trade. this cost is most times very high due to inflation factors affecting the market.these are the problems facing the block chai bussness,but have no fear digitex future exchange is here to put all those transaction fee to an end amist other advantageous features .

Digitex

Digitex is an etherum based blockchain with its own token,which is called DGTX token that acts as the native currency in the blockchain.therefore for a trader to participate in this commission free exchange the investor must own Digitex tokens.this policy will lead to a high demand on the Digitex tokens,which will be used to replace the revenue generated through the the fees charged per transaction. The earning gotten when newDigitex tokens are created and sold each year will be used to correspond the cost of transaction fee.

The use of this native token will,eradicate charging active users providing liquidity,rather the exchange imposes a small infaltionary cost under the idea that for the commission free exchange to survive,there needs to exist a high demand for the Digitex tokens from traders.

Digitex also boost it's liquidity from the trustless feature of the of the blockchain. Digitex token holders do not need to trust the exchange with their confidential information ranging from their private keys to the uses token(Money)investors wallet and balances are based on a decentralized smart contract based on Etherum blockchain. The exchange keeps the wallet up to date by reviewing and creating the users awareness on matters pertaing to the user and the exchange in general.

A decentralized governance by blockchain is used to issue new tokens,done democratically by token users. They collectively decide on when and how many new tokens are produced to cover the operational cost of running the blockchain. Maintain the figures excxange is in the bes5 interest of the token holders,cause the transaction free feature depend on it.

Key features and benefits

Below shows the list of Digitex future exchange:

No transaction fees

There are no transaction fee in digitex blockchain. Traders can make transactions on the blockchain and yet receive no atom of charge on the blockchain forever.The blockchain makes use of its own native currency to process transaction in the blockchain,it uses its revenue generated from minting and selling new coins to cover the expense instead of charging traders for each transaction the carry out.this however creates a high demand for its native token called the DGTX token,maintaing the blockchain stability and and long term sustenance .

Decentralized Account Balance

Unlike other exchange Digitex cannot physically access your assets cause all of your assets is stored and managed by an etherum based decentralized independent smart contract not the blockchain. the Digitex cannot freeze,manage,or lose your funds because they cant access it. even if the most unlikely event such as hacking the system happens,investors account and funds are safe and intact.

decentralized Governance

The fact that new tokens are minted and sold to cover operational costs doesn't suggest that the token is created indiscriminately. rather token holders of the Digitex future exchange democratically decide on when and if how many tokens are minted and sold to cover operational expenses.

Total Privacy

Digitex future exchange provides its users with complete privacy,its not an option to submit customers KYC for identification, after sign up an investor can start buying and selling DGTX tokens. this blockchain anonymous nature protects its token holders from spammer and hackers,since there identity is on the blockchain,so the best way to protect uses is no remain anonymous.

Blockchain Driven

This exchange system operates on blockchain technology.the issueance of new tokens disrupts transaction feess,storing funds in decentralized wallet,giving token holders the power over the creation of new tokens.

Native Currency

Digitex cancls out the transaction fee feature with its creation of new DGTX tokens in the blockchain.meaning that for investors to participate in the blockchain they would need DGTX tokens in the absence of transaction fee to transact such as buy and sell.this creates a demand for this token since its an imporant facet to trade in the Digitex future trustless exchange.

Bitcoin,Ethereum,Litecoin exchange

digitex exchaneg is ha sthree future markets BTC/USD,ETH/USD,LTC/USD, Each future contract has large tick size which eliminates a lot of noise and allow prices to be displayed on a one click ladder style interface even in volatile trading condictions. Tick values of futures are dominated on DGTX tokens,meaning tht al profit and losses are settled in DGTX tokens.

Digitex Token (DGTX)

A very important feature of the digitex future exchange is its native token.That serves as the principal element through which transactions are carried out,without this token a trader cant transact in this blockchain . To buy or sell in this blockchain a trader must have a margin balance of DGTX to cover any potential loss ,because the tick value of digitex future contract exchange is one(1) DGTX token,meaning that traders either gain or loss DGTX tokens.The increase in tradig volume affects the demand of DGTX tokens proportionally.

A DGTX crypto holder has the capacity to buy liquid futures,on the price of BTC/USD,ETH/USD,LIT/USD, without incurring any fees on their transaction.However the same trader can incur commission cost if he sells or buys liquid futures on other exchange,that is my it preferable to purchase with DGTX. The commission can be considerable based n the investors regularity on the exchange.

Token Distribution

During the intial sale of digitex token,1 billion DGTX tokens will be made available. out of this 65% is up for sale to the public,20% goes to Digitex market makers,10% goes to the Digitex team and advisors,the remaing 5% goes to referals.

• 650m DGTX(65%)DGTX token sale

650,000,000 tokens which had its lunch on january 15th 2018,buyers can now exchange etherum for DGTX tokens at an equivalent price of USD0.01 per token.when summed up estimates to 6.5m to be raised.

• 200m - Digitex market makers

Digitex market makes are automated robots which handle bid from different traders and functions largely with 20% of the DGTX tokens available. they help in creating liquid futures trading ,market that have tight bis and offer spread even in volatile market conditions.

• 100m- the Digitex team(past & future )

100,0000,000 million worth of DGTX tokens will be paid to the Digitex founding team and crew.these token will b vested until 1 year past the first revenue token creation event(on January 2021,two years after the first lunch) this ensures that the team has enough assets to run the blockchain,after the initial token sale has been spent.

Revenue Generating Issuance Kicks Off on January 2021

We have established the fact that for the transaction fees to be eliminated ,the blockchaiin will have o create new DGTX tokens to cover operational costs, That is why on January 2021,approximately 2 years after the fist sale of the token and its lunch on January 2018 ,new tokens will be created and sold to cater for the cost of operation in the future exchange.

The volume of new tokens to be created will be decide by the DGTX token owners on the blockchain,the will have to choose on proposals on how many new tokens will be produced.proposals can be submitted by token holder on the blockchain who have a suggestion on the issue at hand. New tokens will be create through a transparent transparent and smart token creation contract. buyers will send an amount of ETH to the token address, and will subsequently receive a proportional amount of the amount sent.

here is a below is a DGTX token price,come 2020

Conclusion

The Digitex has created a truly innovating blockcain,here to solve one of blockchains pressing needs.having known what this blockchain is all about and its various concept,i would like to evaluate the different ways this blockchain can be of interesting benefit to crypto traders,

commission fees

Traders have been forced to accept this facet of crypto trading,investors have no other option than to paly along as various exchange,take their fair share from investors fund.

Solution 1

digitex came up with this idea to liberate traders from the influating price of transaction using its own token to purchase bitcon,ethereum and litecoin,others coins are soon to follow,leading up to an exchange that is totally free from commission,yet gives you every type of toke or coin available on the market,with its high rate of increase we believe that in the coming years digitex will prove to an exchange we cant afford to ignore.I personally believe in this dream,when we calculate the numbers and its rapid growth we know its path and destination in the years to follow.

centralized governance

centralized governance in decentralized system is surely unstable and disadvantageous since its governance and decision making lies on the shoulders of few individuals who may not know what peopl in the blockchain are going through but what a contrast from digitex .

solution 2

The idea of a decentralized governance for a decentralized system is very suiting,since the voice of what happns goes to the investors on the blockchain,this also is not done by a handful of chosen token holders,but every DGTX token holder is allowed and given the chance to express what they think,there proposals is now evaluated and the decision is taken based on what the majority decides.