Sponsored Writing contest on "DIGITEX": courtesy of ORIGINALWORKS

in #crypto6 years ago (edited)

Digitex Futures Exchange

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INTRODUCTION

We live in a society where due to technological advancement crypto currency have come to play a huge part in our lives, such crypto currency is the Digitex Future exchange. The Digitex Future exchange is a new cryptocurrency, it is commission-free, which I see like a model it has an avenue for traders to buy and sell future contracts on Ethereum(ETH), Bitcoin(BTC), and litecoin(LTC) against the US dollar. Traders on Digitex can take part in liquid and commission-free market and without necessarily having doubt on the exchange of their capitals, where by giving the traders full control of their account unlike the traditional means of exchange where users abandon having full access to their account. With the advent of (DGBB) which means Decentralized Governance by Block-chain, the issuance of new token can be generated as revenue and run by DGTX token owners. In digitex commission-free trading is achievable by the use of your own cryptocurrency, called the DGTX token, which serves as a native form of currency exchange. Digitex helps in selling and creating a little number of new DGTX tokens each year so as to meet up with the operational cost of running the future exchange.
Digitex
digitex

Digitex : Pixabay

Futures Trading?

basically, futures contracts are based on contracts agreements where asset can be bought or sold in the future, at a basic price, future contracts can be used for organizations as a management tool.

How does Digitex work

Digitex works as an exchange model to replace transaction fees on trades, it is aim at attracting short term traders as well as attracting high volume traders whose trading plan aren't feasible with other exchanges as a result of commission, with Digitex traders one can enroll in liquid, commission-free market without putting their funds into custody due to trust issues, Digitex also deals with DGTX Token which serves as a native form of currency exchange, token can be generated as revenue and run by DGTX token owners.

Adam Todd, CEO of Digitex

CEO of Digitex : criptalk

We want to decentralize account balances, and allow traders to be able to use our exchange in a lifetime trading environment.

Digitex : digitexblog

what is the impact of giving users the power and control over how digitex future exchange is funded?

  • well basically for me i would say it has a great impact on the users, it will help the users to a great extent for them to have full control of their account unlike the traditional means of exchange where users abandon having full access to their account.
  • Another impact of Digitex on it user is Digitex provides a platform or rather a market platform for every future trader's dreams.
  • Digitex encourages traders to aim at high-volume short term trades which allows traders to be entitled to their whole profits without having certain restrictions or whatsoever from centralised Authority.
  • Digitex attracts traders who can maximize full margin of their profit by rendering traditional expenses obsolete associated with other exchange.
  • In Digitex users can profit from correct predictions on the future price of BTC, ETH, LTC through the means of hedging bets.
  • Digitex would help traders to be financially stable.
  • It will help Traders to be able to carry out transactions.
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Problem associated with centralized exchanges

centralized exchange usually helps in achieving a job done. but they aren't perfect and this actually makes it prone to hackers who have access to them, for safer purposes one would need to store his or her crypto exchanges or token that's if they want to use a decentralized crypto form of exchange where you wouldn't have access or control over thier Asset- where you are left with no choice than to trust the exchange, and one other thing is that it charges at high rate after every transactions.
digitexfuture

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Solution to centralized exchanges

  • Digitex future has a frame work to proffer solution towards the issues arising from centralized exchanges. digetex helps to protect and also guides funds of traders through Ethereum blockchain as a result of decentralization which makes your funds unchangeable. however, digitex future provides zero transaction fees with a high liquid platform.
  • Digitex also use a decentralized model to give a forecast of tokens every year, every tokens would be accepted by the digitex community.

digitexfuture

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Where do you see Digitex in 2019, 2020, and 2021?

FUTURE : Pixabay
  • Well no one can actually forecast exactly what could happen to him or her in the future but one can have few ideas though. with the way the world of technology is advancing Crypto would help expand the economy to a greater scope, as far as crypto can be broken into micro-payment it will help grow peoples financial income even with some percentage.

  • I see Digitex outclassing other forms of crypto-currencies.

  • I can't really predict the future but i see Digitex achieving its aim in the society by creating that enabling environment for traders to be empowered through crypto-exchange i see Digitex expanding to a greater point and also having more users in the forth coming years.

  • Digitex would definitely increase positively.

DGTX Token

DGTX was brought into existence as a result of Digitex Future Exchange platform, this platform however would help individual traders to make proper assumptions in terms of the Prices of Ether, Bitcon, and Litecoin on a free transaction fee. this in turn would allow traders make little and rapid profits from their trades.

  • DEMANDS FROM TRADERS
    Inoder for traders to be able to operate on Digitex they must have a DGTX Tokens
  • Utility Token
    In DGTX token Utility is valued as a very key component of Digitex
  • Right place, at the Right time

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Road Map

The Road map is shown below, due to speculations it is said that DGTX would hit and there would be an increase in demands for DGTX token once the exchange is live.

Screenshot (385).png
road map

DGTX explosive growth

In years back the crypto community have experienced a lot of challenges, but there is one good news, DGTX token has waxed strong despite all huddles as we speak DGTX token is currently the third biggest gainer on coin market cap making it unstoppable. However with DGTX token digitex has been able to attract more Investors, the publicity in Social media is just so amazing, Media making the headlines.

here are youtube clip to know more about Digitex and also Adam Todd, CEO of digitex.

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Development team

Digitex comparises of very talented Individuals with a lot of experience. and this great team is being lead by Adam Todd, the CEO, Founder of digitex he is also the founder of BetTrader which has being existing for over 14 years. Adam Todd is well experienced in the industry he is also a renowned sport trader, Digitex all started in an Irish company in Dublin well they don't have any connections with digitex corporation.

Adam Todd(CEO of Digitex) : digitexblog
Lee Mayne(Head of operation) : digitexblog
martin deering (head of information tech.) : digitexblog
Lidia Yalos (head of Marketing) : digitexblog
Dmitrij Szewcow (communications Manager) : digitexblog
Sona Gill (communications Manager) : digitexblog
Mickael Salabi (Advisor) : digitexblog

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CONCLUSION

Digitex Future Exchange is a great deal, very simple, efficient, reliable, it can be trusted. Digitex has a great future and it set to capture the trading market at the end of 2018. however in digitex traders or users can have power on exchange developed by the team, digitex might face several challenges but with time many people would come to a realization of the effectiveness and simplicity of futures trading same as the benefits that follow suit. from the words of the CEO you would know that he has a great vision

"my Mind went into overdrive thinking about how best to capitalize on this amazing technology that i knew was going to shake up everything it touched"

REFERENCES

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This writing contest was organized by @originalworks, and then sponsored by digitex for more enquires visit @originalworks

Here is my Digitex Tweet on Twitter

Digitex Tweet

Digitex 2018.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin6539.359$0.12%4.81%
DGTXDigitex Futures0.034$18.28%-6.87%
ETHEthereum222.553$3.65%12.58%
LTCLitecoin56.786$-0.9%6.74%

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