Digitex [DGTX] | A Completely Tariff Free Blockchain Exchange

The Digitex Intention:

Behind the DGTX token is a platform seeking to become a harmonious platform in which users never have to be taxed again on the digital assets they hold and trade. A completely commissonless platform will bring in an influx of users who will inevitabally have to deal with the higher costs of trading and transferring (to fiat and what not).

The Digitex Solution:

According to the Digitex Manifesto, "...transaction fees are eliminated on the Digitex Futures Exchange' due to the 'Ethereum based token, called the DGTX token', and this token will become the exchange's native currency.'All profits, losses, margin requirements and account balances are denominated in DGTX tokens, meaning that traders must own DGTX tokens to participate in the commission-free, trustless markets on Digitex. This creates
demand for DGTX tokens from traders, enabling the exchange to replace revenue generation from transaction fees by creating and selling a small number.'

In layman's terms, Digitex will create it's ecosystem based on the DGTX tokens' liquidity. Once enough users create volume on the platform, there is no need for tax on trades because of the consistent liquid digital assets being held on the platform. The token will also be hardcapped to create value in terms less overall token volume. The less there is of something valuable... the more valuable it becomes.

Introduction Video Explainer:

DIGITEX FREE BITCOIN FUTURES TRADING from Digitex Futures on Vimeo.

Circulation and Revenue:

There will be 100 Million DGTX token value in circulation, and 'approximately 2 years after the official public launch of the Digitex Futures Exchange, [they] will start creating new DGTX tokens to cover the ongoing costs of operating the exchange.'

This means that two years of growth will guide the roadmap, and not only until 2 years after the intial launch will new tokens be created. When 100 Million is bought up and in constant circulation by users, the DGTX will have immense worth and functionality.

Key Features:

• 'Digitex has 3 futures markets: BTC/USD, ETH/USD & LTC/USD.'

• 'There are no transaction fees of any kind on the Digitex Futures Exchange'

• '...account balance is held by a decentralized, independent smart contract on the Ethereum blockchain, not by the exchange'

• Not Bound by KYC; 'Traders on Digitex can start trading immediately without needing to submit their name or any identifying documents of any kind'