Sponsored writing contest: Digitex Futures Exchange
A little intro about what a future market is.
Futures markets are a very useful financial tool when making long-term transactions. They are binding contracts between two parties that sign an agreement where they commit either physical or financial to a fixed price and a date determined by both parties.
However, to despite of its practicality, future exchanges characterize by charging significant percentages in each transaction, altering the merchant's final profit and making it a less attractive business.
What Digitex Offers to Us
In the case of Digitex Futures Exchange, charges for transactions are eliminated, but how is this possible? How could a project like this be sustainable?
It is because this project has a solid and innovative base by having its own currency based on Ethereum, the DGTX token, which acts as the native currency within Exchange.
How does DGTX Tokem works?
Like all virtual currency, the DGTX bases its value on the trust that the user gives it, in this case, to be able to use the Exchange of Digitex, users must posser previously DGTX currencies to enjoy the benefits of Exchange without commissions, this will make that the demand for the currency increases with the number of investors and traders interested in carrying out their transactions at no cost.
In this way Digitex is shown as a solid offer in the world of future negotiations, without commissions and based on a
daily growing currency that can only go strong in the near future.
Learn more about DIGITEX by goin to the next links!
- Digitex Web site
- Digitex Whitepaper
- Digitex Blog
- Digitex Telegram
- Digitex Reddit
- Digitex Facebook
- Digitex Twitter
- Digitex Youtube
This article is my participation on the writing contest sponsored by @originalworks, learn more here
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