Digitex: Your Reliable Futures Trading Platform, With Zero Commission Fees On All Trades
Introduction
Since the inception of Cryptocurrency and the Blockchain, which saw the birth of Bitcoin in 2008, both sectors have worked tirelessly to achieve improvements in other crypto platforms which has also had an impressive growth over the years. Platforms ranging from data storage in the business sector and also in the medical field to payment transactions and exchange in the marketing sector just to mention a few.
However, I will be focusing more on transaction and exchange sector for the purpose of my article.
It is not new to us us that quite often, commission are charged by an agent or broker on its users for carrying out a transaction, this is also applicable in the crypto sector. Most crypto platforms dealing mostly in transaction, instant peer-to-peer payments as well as exchange demands certain commission from its users for its services, which are sometimes unfavorable and oftentimes discourage small investors/firms or beginners.
A platform may have as well found a solution to create a favorable environment in the exchange market, as it does not charge any fees on transaction and peer-to-peer payments as well as exchange, it operates on a zero commission charges for its users. Now if this isn't a positive innovation, then I don't know what is.
Digitex: Your Commission-Free Trading & Exchange Platform
Digitex is a trading platform with the aim of revolutionizing the exchange market, as it does not charge commission on trades carried out by it's users. There are no transaction fees of any kind, making it the first of it's kind to come up with such innovation in the future exchange industry.
Digitex features an impressive combination of the suitable processes of the centralized servers with smart contracts of a decentralized body ensuring adequate security, this functional combination has brought about a reliable platform such as Digitex
The general idea behind Digitex is that it totally covers the cost of making any exchange by creating it's own cryptocurrency(DGTX Token) which makes token available for use, instead of charging transaction fees on trade, brilliant isn't it. Traders and business bodies can rest be assured that they can make orders at any time with the satisfaction of having to pay a zero commission on all trades and at all times.
So far so good, Digitex have been able to make an advantageous use of both the blockchain technology and the smart contract to develop a commission free trading exchange and to hold customers account balance, respectively.
Features
- Digitex delivers a commission-free trade platform, meaning there are no fees charged on trade/exchange or whatsoever. This is due to Digitex own cryptocurrency called DGTX token, which completely covers cost by making token available, thereby ruling out any form of charges/fees on trade.
- Digitex make use of the blockchain technology to eliminate transaction fees/charges by making available it cryptocurrency (DGTX token) for it's users. The owners of DGTX token control all the processes concerned with the token, to cover the cost of operating the trading and exchange market.
- Digitex is not tasked with holding the account balance of its users, but rather it is held by the decentralized, independent smart contract which is signed into the Ethereum blockchain.
- Digitex does not have an access to your funds and so it can not freeze or mismanage your funds, which means if there is any issue of hack or a breach, there would be no valuable to steel since Digitex dose not hold them.
- Since Digitex is a commission-free platform, where traders can make exchange without having to worry about any sort of fees or charges, this in turn increases the volume of trade thereby boosting market liquidity.
- Digitex has its own cryptocurrency named DGTX token, which allows all trading profits and losses to be controlled by DGTX token.
- Digitex has a single click advantage that grants traders the ease of buying and selling orders instantly.
- Digitex ensures absolute privacy for its users, it does not need any personal data from its users before they can trade. Digitex does not does not operate with any intrusive and inefficient regulation that may expose its users privacy thereby putting them at risk.
DGTX Token
What is DGTX Token?
The DGTX token is a cryptocurrency that is the native currency of the Digitex trading platform. With the DGTX token, Digitex eliminates transaction charges/fees on trade thereby covering operational and marketing cost by making available and selling DGTX token yearly. For traders to be able to benefit from this commission-free innovative platform, they must purchase DGTX token to cover their requirement to open a zero free trade, since all profit and loss are controlled in DGTX token, which means that traders must buy DGTX token to be able to participate in the commission-free exchange market.
While more traders starts to move to a more reliable future trading platform which is Digitex, this creates a demand for DGTX token from traders who must own DGTX token to participate. The issuance of New DGTX token is suitably governed by blockchain and approved by the DGTX token owners.
Users account balance on the Digitex trading platform is controlled by the DGTX token whereby all your earning be it profit or loss are in DGTX token.
DGTX Token Sale
As at when DGTX token sale was launched, buyers exchanged ETH for DGTX token at an equivalent price of USD $0.01 per DGTX token. With rapid growth in Digitex which demands traders to buy DGTX token to be able to participate in the commission-free future exchange platform, will drive the price of DGTX token considerably higher than its lunch price of $0.01.
Important Note
When it comes to trading in the futures exchange market, usually traders and investors have to deal with commission. As an unavoidable cost, which has an impact on the profit earned by traders and investors. It is often quite difficult to trade without connecting to a firm or agent that would serve as a broker to trade. To ensure that service is delivered, the broker firm/agent have to charge fees when buying and selling are involved.
However, it is somewhat easy for both the traders and investors to overlook how trading fees affects their profitability in the long run. This is especially true for traders who mostly trade a lot and end up paying large amounts on commission each year. Now try calculating the amount charged on trading over a long period of time, it might sound outrageous but still traders are willing to trade despite the large amount they have to settle on fees each year. Despite this traders must still pay trading charges to be able to enjoy the broker service they require for trading.
Except traders would have to trade less to enjoy more profit while incurring lesser trading fees and since over trading reduces profitability due to commission paid on increasing amount of trade. Trading fees oftentimes discourage high volume of trading.
Thanks to Digitex, a revolutionary trading platform that has be able to provide a solution concerning trading fees by delivering a commission-free exchange platform that has totally eliminated trading fees. With this positive innovation, traders and investors are able to engage more trade without the worry of having to settle trading fees. With trading volume on the high which in turn boosts market liquidity and also improving profitability of both traders and investors.
Within the time frame of next 4years, Digitex would be a standard platform, and having a increased value as more and more people would have gained awareness about Digitex. As at now Digitex is still growing but with 4 years time an even more improved growth would be evident.
Conclusion
Digitex is revolutionizing the cryptocurrency futures trading market, with decentralized account balances coupled with the expertise of a reliable blockchain smart contracts, making the Digitex trading platform fully equipped with all the tools necessary to deliver outstanding performance. Traders can buy and sell futures contracts on Bitcoin, Ethereum and Litecoin, and pay zero transaction fees on all trades and at all times.
The trading platform is second to none as it is the first and and best of all commission-free exchange platform of its kind. With its users not having to worry about theft attack or breaches of any sort as the Digitex platform dose not operate with intrusive and insufficient regulations, users can trade with high leverage on a secure exchange developed by a professional team.
Convincing new traders to get into futures trading may prove difficult for the development team – nevertheless, many will quickly realize the simplicity of futures trading, not to mention the benefits. Millions around the globe already trade futures contracts on a daily basis. The team is going after an enormous market.
Digitex is still growing but growing positively.
For more information watch this short video
Digitex 2018 Time Line
Digitex Team
Founder & CEO
Head of Operations
Head of Information Technology
Head of Marketing
Communications Manager
Communications Manager
Advisors
Tokenpot Capital
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