DIGITEX FUTURES EXCHANGE

in #crypto6 years ago (edited)

Trading crypto currencies on exchanges seems a lucrative piece of business in the ever surging crypto market. For crypto users (myself not excluded), acquisition of crypto currencies such as the likes of Bitcoin, Litecoin, Ethereum and other altcoin is one thing and selling them on exchanges is totally another thing. The sole aim of altcoin acquisition by crypto users is to make maximum profit on investment by trading them on exchanges against the USD.

On a more realistic level, investment in crypto currencies is a very lucrative business but the transaction fee charged by different exchange platforms is really shrinking the profit return on investment to investors(crypto users). The transaction fee charged by this exchange platforms in really on the high and not so encouraging, I can't imagine my profit as an investor being deducted at such a very high percentage as a transaction fee. Most time it all look like we(investors) are only working hard for the benefit of this exchange platforms but what can we do?, we have to accept the terms and walk away with the little profit margin left after transaction fee had been deducted.

I vividly can remember a scenario where I have to trade my recently acquired crypto coin to attend to a life saving related issue and the coin was listed just on one exchange platform and the transaction fee charged for trading is quite pricey but what choice do I have?, I have to trade the very last of the coin to raise my profit return a little and walk away with the little profit I recouped because I have a life to save. It actually would have been a different story had the coin been listed on a commission-free exchange platform like the Digitex Futures Exchange.It is not new if I say the major problem or concern to all crypto users around the globe is the cost of the commission fee for trading on different exchange platforms.

Futures exchange promises to bring to the crypto market a commission-free platform which is the biggest cry of crypto investors. As with Digitex Futures Exchange the commission-free function is fully activated! “I can see myself smile when I heard about Digitex Futures exchange”.

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WHAT IS DIGITEX FUTURES EXCHANGE?

Digitex is a futures exchange developed to address the flaws and faults as far as transaction fee is concern in the current exchange platforms. Apart from a commission-free system established on Digitex, it is also a platform with inherent security for it users as all account balance details are saved on a decentralized smart contracts based on the Ethereum blockchain as against the traditional centralized public ledger on existing exchange platforms.

Digitex is an hybrid form of an exchange as it blends the super fast ability of a centralized matching engine with the security that comes with the ability of a decentralized platform.

Digitex Futures Exchange is a decentralized exchange platform that is commission-free on all transactions due to it blockchain backed ability to mint it own native currency called DGTX.

Revenue for maintenance and staff salaries payment are generated through the sale of the locally mints token know as the DGTX to traders that are attracted to the commission-free feature and wish to trade on the Digitex platform.

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WHAT CAN DIGITEX DO?

• A decentralized platform: Security.
• Centralized matching engine: Speed.
• Smart contracts for saving account balance: Implication of this is that Digitex have no direct access to users fund and should in case of a Web attack on the platform which is not likely to happen, hackers can't do away with users fund.
• Blockchain based.
• Commission-free

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DGTX TOKEN

DGTX is an ERC-223 compatible protocol token based on the Ethereum blockchain that is to serve as the native token for transactions on the Digitex platform. The DGTX is used as means of payment for all transactions to aid revenue generation to cover up for the commission-free system adopted by Digitex Futures Exchange. Traders willing to trade on Digitex platform will have to be in possession of DGTX.

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SUMMARY

Digitex is a Futures Exchange based on a decentralized platform which uses an ERC-223 compatible protocol token based on Ethereum blockchain as a native currency for all transactions on it platform. Developed to address the flaws and faults as far as transaction fee is concern in the current exchange platforms which is on the high by introducing the commission-free feature on it platform. With a commission-free feature, expect traders to flock the Digitex Futures Exchange platform as a return of 100% profit as against every other exchanges is quite enticing. In years to come say 2019-2021 Digitex will be at the fore front of all exchange platforms. Digitex Futures Exchange is an answered prayer as Far as we the crypto currencies traders are concern.

You can watch this short video on Digitex by following the link:

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin6498.372$0.25%2.64%
DGTXDigitex Futures0.032$2.41%-11.09%
ETHEthereum219.726$2.12%10.6%
LTCLitecoin56.809$2.08%3.07%

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