Introduction

The Futures Markets were born as a system of protection for agricultural producers in the 19th century, as a way to give output to the production of vegetables and fruits during harvests, and to regulate and stabilize irregular and fluctuating prices, during the rest of the year.

The first Futures Markets were Chicago Grain Exchange, which from 1848 began to establish the basic rules of marketing and contracting operations for future deliveries of agricultural products, as well as in 1730 in Osaka, Japan, where there was already an infrastructure well established in terms of future deliveries of rice, fundamental cereal in the Japanese daily diet.

In this sense, Futures Markets can be conceptualized as "the negotiation of contracts for the purchase and sale of certain goods at a future date through a price, quantity and expiration agreement at the current time" Source.

Currently, Futures Exchanges are included in financial products, since they are one of the most attractive due to the high profitability that can be obtained with a good negotiation, and where the exogenous circumstances and the environment determine the variability in prices, being one of the most demanded products. In the same way, they have evolved to include, not only products of agricultural origin, but also the exchange of products of mineral origin such as copper, gold and oil, as well as future sales of cryptocurrencies.

Like any financial transaction, access to Futures Exchanges generates costs and fees associated with their nature, so in turbulent periods with high price fluctuations, the benefits can be seriously affected or even disappear as the water between the fingers of your hands.

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What is Digitex Futures Exchange?

Digitex Futures Exchange is the first Futures Exchange without commission and that makes use of Blockchain technology, in short, it has no transaction fees.

Even though this may generate concerns among traders and investors for the long-term sustainability of the project, the transaction fees are eliminated in the Digitex Futures Exchange by creating a Token based on Ethereum, called a DGTX token, and using it as the currency of the exchange, allowing to cover the costs associated with any operation performed in the system.

Demand and market growth will more than offset the inflationary cost of issuing a new DGTX. Basically DGTX users and holders will decide how many new tokens will be issued to cover operating costs.

In this way, all DGTX holders achieve:

• Ensure that Digitex Futures Exchange can continue to function.
• Do not issue new currency at levels that may be devalued.

Currently the DGTX token is in a privileged position with respect to other cryptocurrencies, due to the high yields it has provided to its holders throughout this year, as can be seen in the following graph:

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An obvious compelling reason to start investing in this platform!

How Digitex Futures Exchange works?

Digitex Futures Exchange has a hybrid mechanism that replaces the centralized account balances with a decentralized intelligent contract system that takes advantage of the Blockchain technology, making use of the ETHEREUM platform. In this way, users use Digitex Futures Exchange without their money being affected by excessive fees and commissions.

Currently, the DGTX token is available in four different exchanges, including Mercatox, ExRates, OOOBTC and Radex. Soon more agreements will be signed with more exchanges, in concurrence with the growth of the user community, which will bring as a consequence the strengthening of the network.

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The Team

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2018 Road Map

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Conclusion

Digitex Futures Exchange it is an attractive decentralized business model where users decide the cost of the operation, allowing operators to develop low-profit and low-risk strategies, and even in these conditions they can obtain profitability without the fear that the usual rates and commissions in other platforms of exchange reduce their benefits.

For more Information & Resources:

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

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