Digitex, a incredible no-fee futures exchange

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In more than 95% of the existing cryptocurrency exchanges, fees are charged for each transaction a user performs. This is done with the objective of maintaining the exchange and allowing new features to be added and maintained.

These fees can be very detrimental to a trader when trading, you can lose part of the profitability generated or all the profitability itself, always depending on the commission that is charged and the profit / loss that occurs in that operation.

This is where Digitex comes in: A futures exchange that offers you to trade without having to bear these fees charged by the exchange, in this article we will talk about how Digitex will offer this and its contribution to the future. Let's get started!

What's the problem?

The current problem in most existing exchanges are: fees. These fees become a disadvantage when trading with high amounts because the loss by fees would be bigger, maybe the same %, but, the more amount invested, the more amount will be discounted due to the fees (these are usually charged by percentage). This means that in order to make a profit from our operations we must take into account the fees because if we realize, we may end up losing money despite having sold while the asset was in green

How is this resolved?

Simple: Eliminating fees. This can be seen as an instant problem because, the question would arise: How do you maintain the exchange? Thinking about this is normal and is really a complex question to answer, but in this article we will meet Digitex, a futures exchange that offers us a solution to this problem.

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What is Digitex?

Digitex is a futures exchange with zero fees, thanks to Digitex a common trader can trade without any problems when thinking about fees because this exchange works in such a way that it is not necessary to charge fees to traders to maintain the platform.

Digitex has its own cryptocurrency called Digitex Futures(DGTX), this currency can be used in the exchange without any problem and thanks to it (and the users) the exchange can be kept operating!

Part of this cryptocurrency will be used for the maintenance of the exchange, the holders of this currency will be able to decide how many DGTX will be used for the maintenance of the exchange. This is done with the objective of users focusing on creating an exchange with a good economic support and at the same time making DGTX as a currency not devalued.

Because Digitex will not charge transaction fees for every trade we make, we will be able to get the maximum possible return because we will not be charged anything at the time of starting or ending a trade.

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Is it really okay for users to have some power on the platform?

In theory, there wouldn't be any kind of problem as long as the community is 100% dedicated to the correct creation/handling of DGTX, I personally trust that DGTX will prosper as long as the community is focused on the growth and maintenance of the exchange, I trust that DGTX will prosper as long as there are strong investors with good intentions.

In a couple of years with due constancy, dedication and intelligence DGTX will be able to prosper as long as the collective intelligence of the community is giving good results and the developers of the exchange are showing interest and a strong promotion of the exchange.

How could I benefit from Digitex if I operate on it?

As we mentioned before, Digitex is an exchange that does NOT charge fees, so, the difference between trades will vary a lot depending on how much money we have invested and in which exchange we have used to make that trade, for example:

Source. Whitepaper Page 22.

The difference in fees can be fully appreciated, which is why Digitex will be able to provide us with an incredible satisfaction when carrying out our operations while we are trading.

Funds completely yours!

Digitex also has an incredible feature that other exchanges don't have and that is: it doesn't store your private keys. Yes, Digitex will never store your private keys so the funds would be completely yours.

Conclusion

Digitex is a totally unique exchange that offers some very good features compared to the existing exchanges, personally I am not a futures trader and I have never traded with them, but, if I encourage myself to try, I will certainly opt for Digitex.

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https://steemit.com/crypto/@originalworks/1250-steem-sponsored-writing-contest-digitex