"Digitex Futures Exchange" launching soon towards the end of this year.

yohan2on (74)in #digitex • 6 years ago (edited)

Digitex is a bitcoin Futures digital currency trading exchange that possess its own native Cryptocurrency "DGTX token."

It operates on Blockchain Technology to eliminate transaction fees on the trades by rather using the revenue generated through minting and issuing of new small tokens per year to cover the operation Costs of the Exchange. The number of tokens to be created is determined by the various traders on the exchange who possess the DGTX tokens. There will be a no release of new tokens for a period of 2 years from the time of the launch of the exchange. The exchange will currently run on the money that was gathered during its ICO.

image credit to @hungryhustle

Traders are obliged to own the DGTX tokens in order to do the trading and enjoy the commission free exchange. The exchange will be able to meet its operational costs through making some revenue from minting and issuing of small new tokens every year.

All deposits, withdraws, account balances, profits or losses are denominated in DGTX tokens. The DGTX tokens are built on the Ethereum blockchain which has proved to be a more reliable and faster blockchain in processing transactions. The blockchain is 10x that of Bitcoin hence this enabling faster transactions of the DGTX tokens and scaling down on the delays and loss of opportunities to the exchange's esteemed traders.

The exchange is geting officially launched at the end of this year and Currently there are 100k+ signups already who are on the waiting list. You can as well signup
and gain earlier access of the exchange and also stand a chance of winning some DGTX tokens to use in the trading.

The minting and issuance of new tokens per year will bring about an inflationary tendency of the value of the DGTX tokens. This case will be converted by the increasing demand for the DGTX tokens that will arise from the increase on the number of traders and their increased level of interaction with the exchange.

The current price value of the DGTX tokens is exhibited below on the coinmarketcap.

Prior to the official launch of the exchange that is in mid-December this year there will be a presentation and launch of the software of the Exchange that is during the Malta Blockchain Summit, an event scheduled to take place November 1st and 2nd. There will be a live demo of Digitex future exchange software by the DGTX team on its stand during the event. This will be the first ever launch of the Digtex software. The purpose of the demo will be to show case to the people that Digitex Futures exchange is a reality and some great new innovation that works perfectly.

Adam Todd, the CEO of the exchange will be delivering a key note speech about blockchain technology and the Digitex exchange during the event. The event will be live streamed so you can catch it as well from wherever you are.

The event will be attended by over 5000delegates, 300sponsors and a good number of potential investors that is in hundreds. There is an antispation of the price value of DGTX to increase after the launch of the software of the exchange. The Malta Blockchain Summit will attract very many worldwide influencers in the blockchain and Crypto space.

In conclusion of the Blockchain Summit, Digitex Futures exchange team will be hosting an after-party session and dinner for the blockchain summit. This will attract and gather together different crypto enthusiasts and blockchain experts to brain storm on the new existing and incoming future innovations of blockchain technology.

For more details check out thepress release

project Website

Follow up and Interact with the Digitex team on its Social forums below for updates:

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