ADVANTAGES OF DIGITEX FUTURES EXCHANGE

in #blockchain6 years ago (edited)

BRIEF INTRODUCTION


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Digitex Futures Exchange is a futures market that gives traders the opportunity to carry out a transaction with a commission-free exchange through the creation of its native currency known as DGTX token. Thereby bringing the dream of every futures market traders to reality. All profits, losses, margin requirement and account balances are denominated in its native currency DGTX token. This means that futures market traders will have to acquire the DGTX token in order to be part of this commission free, trustless market transitions on Digitex.
The possessor of DGTX tokens has the faculty to participate in the buying and selling of liquid futures contracts on the price of Bitcoin against the US Dollar, Ethereum against the US Dollar and Litecoin against the US Dollar without encountering any transaction fees on their trades.

OUTSTANDING FEATURES AND ADVANTAGES OF DIGITEX

Based on previous experiences, most major exchanges within the industries or corporation are centered to benefit the industry or corporation instead of the customers. But this is not a fact in the case of Digitex Futures Exchange
Below are some of the outstanding features and advantages of digitex futures exchange over others.

Commission free

Complete privacy

Decentralized Account Balances

High leverage

Bitcoin, Ethereum and Litecoin Futures

And lots more

Commission free
Its totally a transaction free of charges. Initially, there has been a middleman (broker) who serves as an intermediary between the customers and the futures exchange. The broker collects a commission from all transactions as a payment for his services. Digitex futures exchange is removing the broker (middleman) from the exchange thereby Making the futures exchange market easy and fun.

Complete privacy

The "Know Your Customer" policy is not done unlike other exchange. industry or corporation. Therefore you're personal data is not required or documents of any sort. Invariably there won't be any avenue for hackers to get information about customers.

Decentralized Account Balances

Account balances are not held by digitex in order to carry out an exchange. account balance is held by a decentralized, independent smart contract on the Ethereum blockchain, not by the exchange.

High leverage

Digitex does not terminate any winning by the customer in order to incur profit for itself unlike other cryptocurrency exchanges. It offers traders high leverage of up to 100x, giving them the opportunity accomplish large percentage gains (and losses) from relatively small price movement.

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Blockchain Driven

The exchange is driven by blockchain technology. By using its native currency to eradicate transaction charges, to storing account balances trustlessly in a

decentralized smart contract, and also giving its traders/customers the qorum to determine the rate at which the tokens will be distributed.

Bitcoin, Ethereum and Litecoin Futures

Digitex Futures Exchange has 3 futures markets: BTC/USD, ETH/USD and LTC/USD. Each of these futures contract has a large tick size, which eradicate a lot of noise and allowing the display of prices on a one ladder style trading interface even in volatile market conditions.

CONCLUSION AND DGTX FORECAST FOR 2019

Digitex Futures Exchange is a new blockchain futures trade which has it own native currency DGTX token with the sole aim of eliminating transaction charges with its currency. Giving its users (DGTX token holders) the avenue to have control of their accounts to eradicate the fear of theft by decentralizing their account balances. And also a quorum(voting platform) to determine how the number of DGTX token to be created, issued and distributed through their DGTX token.

Howbeit, Its apparently impossible to accurately predict the future direction of any investments. But one thing is for sure DIGITEX is fast growing through the remarkable works of its market team to promote the upcoming launch of the Digitex Futures Exchange. Also, there is a campaign created by the market team which allows Digitex lovers to join the waitlist. Although 2019 is still few months away, but nevertheless while awaiting for the unveiling of the Digitex Futures Exchange you can be among the over 100,000 people on the waitlist here.

Therefore, now is a great time to patronize Digitex Futures Exchange by purchasing its native currency Digitex token which is the secret sauce of the exchange.

More Information and Resources about Digitex:

Digitex Website
Digitex Whitepaper
Digitex Blog
Digitex Telegram
Digitex Reddit
Digitex Facebook
Digitex Twitter
Digitex YouTube

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