Digitex Futures Exchange: The Need For Futures Trading

Hello dear lovers of cryptocurrencies and Blockchain technology! In my previous blog, we took a deep look into the effectiveness of zero-fees trading offered on Digitex Futures Exchange. In this blog, we will be looking into the effect of futures markets and how Digitex Futures Exchange happens to be the best exchange for futures trades.

Bitcoin made a bull run, one that will never be forgotten in the history of cryptocurrency towards the last quarter of 2017. By the middle of December 2017, an all-time highest price of $19,000 USD was met and crypto traders who were HODLING Bitcoin before then could hardly believe their eyes when they saw how much they were making from the coins they acquired for few UDS just few years back. Everything was rocking in the crypto world. The popularity of Bitcoin rose to where it is today and the most watched live programs were the ones about Bitcoin and crypto world. As we had many sellers who could not withstand the temptations driven by the unbelievable rise in price of the token, so also did we have investors buying as much Bitcoin as they could hoping to HODL and sell at a later time.

It was not about Bitcoin alone. Bitcoin is so powerful that whatever it is experiencing; be it the good or the bad times, affects the crypto world in general. When everything is cool, sweet and the value continues to rise, the Altcoins feel the vibe as well. When the market is green for Bitcoin, most Altcoins would be green as well. Hence, as Bitcoin was having the best month of its existence, so also were the Altcoins. Many broke the barrier and got to the all-time highest price as well. In a nutshell, everything was just totally incredible in the crypto world.

But then, crypto and Blockchain technology experts started warning the public against putting too much morethan they could afford to lose on Bitcoin. Crypto traders were advised of the dangers that this could cause as not all the people that were investing in crypto planned to HODL the coins for a long time. Many just wanted to accumulate more than they could afford to, and when the prices raised higher, hopefully $25k USD or more, which looked attainable for Bitcoin by the time, they could sell and make huge profits. Investing is all about making profits after all.

Economist warned that “Bitcoin was just a bubble that will burst in 2018” and although it was the news we hated so much and were not paying as much attentions as we needed to, the predictions of these experienced crypto traders started to take effect and less than two months later, an unbelievable yet iconic drop in price was met in February 2018. Ever since then, many traders have shared their stories of how much they have lost after spending all of their savings to acquire Bitcoin in last December in a bid to make profits perhaps, in a matter of weeks. Things turned out the other way round and behold, that is the strength of volatility at play – the exact problem we can tackle with Futures trading.

A futures contract, also called smart contract is a contract to trade a certain product (buy or sell) on an agreed date. This form of trade system presents an opportunity for traders to trade a commodity thereby moderating the high risks surrounding the price volatility of the commodity. As regards cryptocurrency, volatility is responsible for high amount of loses traders have been enduring especially this year in the course of HODLING, buying and selling of coins.

Futures contract helps crypto traders in reducing the costs of trading. When the volatility is well controlled, although it will moderate the amount of profits we can make, as well, it will favor us by reducing how much we can lose trading cryptocurrencies. Not only will futures markets reduce costs for a commodity but also, this system ensures a frictionless trading.

Digitex Futures is the best exchange for futures trades. Why so? This is an exchange that has attributes and benefits that ensure that you make maximum profits you can ever make trading cryptocurrencies on an exchange. Below are some of these attributes and how these attributes work are explained.

• Advanced Technology
• Bitcoin Ethereum and Litecoin Futures
• Zero Trading Fees
• High Leverage Futures Trading
• Complete Privacy

Digitex is built on the Erlang/OTP stack, a programming language well known for its ability to handle high volume of activities in real time. This technology gives Digitex Futures the ability to handle millions of transactions at the same time in real time without causing delay. Every trading activity is web based and things are done in a very cool manner.

There are three futures coins that are being traded on Digitex Futures. These are Bitcoin futures (BTC/USD), Ethereum futures (ETH/USD) and Litecoin futures (LTC/USD). On Digitex futures, these three futures currencies have large tick size –the very factor responsible for the absence of noise while trading. Also, the volatility of the futures contract is displayed on a scalper-friendly one click ladder trading boundary without the price constantly declining off the top and bottom of the page.

Unlike other futures exchanges, Digitex Futures offers zero-fees Bitcoin futures and other futures tokens trades. As I have explained about how futures contract works, Bitcoin futures or any other futures token may be scheduled to be bought or sold in several months or years. All these while, the exchange would not be holding your scheduled trades for such a long time without charging you for the trades. These charges could be so high especially when you are trading high volume of tokens. And the charges are added to the costs of the transactions which would surely have effect on your profits. Digitex Futures commission-free trading will save you lots of USD and that is one of the reasons this exchange is regarded as the best place for futures trades. This could however not be possible without the interference of that mighty token; DGTX token.

Another attribute that distinguishes Digitex Futures from other Bitcoin futures exchanges is that this exchange does not cancel your winning to trade to protect itself from losing if your trades partner’s (the trader you are selling to or buying from) losing position gets stationary due to its high leverage in the trades. This gives you a high leverage trading Bitcoin futures and is cannot be gotten from other futures exchanges.

Unlike other futures exchanges, Digitex Futures is the exchange where you join and start trading immediately without submitting your personal data. Digitex Futures does not collect your personal data in order to allow you use the exchange as the owners value your privacy and believe the best way to keep your personal data is not collecting the data.

There lots of other features that differentiate Digitex Futures Exchange from other future exchanges and make it an ideal place for your futures markets.

• Digitex Futures & DGTX Token: The Overview Of The Zero-fees Commission-free Platform For Future Trading
• Token Of The Futures: How DGTX Token Will Rise In Value In No Time
• Digitex Future Exchanges: How Trustless Futures Trading Has Been The Most Sought-after Attribute By Crypto Traders
• Digitex Futures Exchange: Introducing 5 Stunning Graphics Publishers Can Use Freely
• Digitex Futures Exchange: A Deep Look Into The Effectiveness Of Zero-Fees Trading

• Website
• Project Whitepaper
• Airdrops/Bounty Campaigns
• Press Release

• Twitter
• Facebook
• Telegram
• Reddit

Refrences

• Digitex Futures WhitePaper
• Digitex Futures Website

Disclaimer

The information contained here shall not be used as a guide in your next crypto trade. The writer is not a financial advisor but a crypto trader just like you. Information presented in this blog is for educational use only.