Digitex

shinaoye (25)in #crypto • 6 years ago (edited)

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The Problem.

Since the advent of the cryptocurrency and the blockchain industry in 2008, it has made giant strides in the economy. With everyone jumping at the glitters of the huge returns on investing in the blockchain.

However irrespective of cryptocurrency sustaining the prospects of replacing our conventional banking transactions, it has left alot to be wanted.

The limiting factors plaguing the cryptocurrency involves the speed of transaction and the high transaction fees incured by users during trading.

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The high transaction fees has further hampered the adoption of cryptocurrencies as a global means of exchange.

The Solution: Digitex Futures Exchange

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Digitex Futures Exchange is a trading environment for trustless buying and selling of currency in zero transaction fees.

Digitex does not hold client funds but combines the decentralise trustless security with speed and reliability.

In other words, Digitex is a blockchain in which there is no transaction fees attached to trading.

Traders can take order anytime under any circumstances and pay 0% commission on all trading.

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Furthermore, as a decentralized blockchain, Digitex ensures that traders do not need to trust Digitex Futures Exchange in holding their cash or account keys.

Rather the account balance of any client is held in a decentralise and independent smart contract on the ethereum blockchain.

Therefore it is a guaranteed fact that Digitex cannot mismanage your users fund because Digitex blockchain has no access to the users account details, balances and account keys.

The DGTX Token.

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Transaction fees incured during exchange is removed on the Digitex Futures Exchange by producing an Etherium based token called DGTX token, which is the native currency of the exchange.

The DGTX token accounts for all profit, loss, margin requirements and account balance.

The DGTX token is an ERC-223 compactible protocols token on Etherium blockchain, crafted to eliminate every transaction fees, making trades totally commission-free.

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Digitex runs on a hybrid mechanism, which combines speed and reliability of centralized matching engine with trustless security in a decentrentralized account on a blockchain.

The speed and reliability on the Digitex platform makes trader enjoy benefit of real time trading

Conclusion

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Digitex Futures Exchange is well aware of the volatilitynof the crypto-market and account perfectly for that by the existence of automated market markers which are Robots on its platform, whose sole responsibilty is to ensure a balance between profit and loss and to further ensure the liquidity of the Digitex ecosystem.