Terms to consider:

Futures. Futures are a promise / contract to buy something on a specific date: a good or standardized product (apples, oranges, etc.) at a specific price. Source

Investopedia. A futures contract is a legal agreement to buy or sell a particular product or asset at a predetermined price at a specific time in the future. Futures contracts are standardized by quality and quantity to facilitate trading in a futures market. Source

Mercatox is a peer-to-peer cryptocurrency exchange that allows you to buy and sell more than 100 cryptocurrencies. A commission of 0.25% is applied to all transactions, and you can access a wide range of currency pairs, as well as a multi-currency electronic wallet to store your encrypted assets. Source

Introduction

The entrance to the world of the blockchain has resized our way of seeing it and has invaded every part of our lives. But, at the moment of making transactions, it keeps one of the properties of the fiat world, that is, the collection of commissions. For no one is a secret that the bank always debits a commission for transactions or maintenance of the account, blockchain also had these commissions until recently, because with Digitex opens another of the many gaps that separates the fiat world from the cryptographic world. But, what is Digitex? Let's see next what this new platform offers.

What is Digitex?

Digitex is the first Futures Exchange in the block chain works without intermediaries, without commissions and without trust to negotiate digital currency prices

Futures markets are one of the most useful tools to facilitate the trading of cryptocurrency prices, since it reduces transaction costs, whether the transaction is made in gold, silver, corn, government bonds or Bitcoins, in the futures markets the transaction fees are eliminated with Digitex Futures Exchange.

How is it possible to eliminate the value of these transactions with Digitex?

For the above, a token based on Ethereum will be created, called the DGTX token and it will be the native currency of the exchange.

How do exchanges work?

First of all, operators must have DGTX tokens to be able to participate in the free markets of commissions and without trust. This will create a demand for DGTX tokens by merchants, allowing the exchange to replace revenue generation of transaction fees by creating and selling a small number of new DGTX tokens each year.

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This generation of income from issuing tokens instead of transaction fees will generate profits, since new tokens will be generated and it will not be necessary to charge fees. Digetex is presented as a self-sustaining platform.

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Operation

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Main Features and Benefits

This platform offers operators the following benefits:

1. Zero Trading Fees
2. Decentralized Account Balances
3. Highly Liquid Futures Markets
4. Automated Market Makers
5. Digitex Native Currency
6. Token Issuance Revenue Model
7. Bitcoin, Ethereum & Litecoin Futures
8. One Click Ladder Trading Interface
9. Large Tick Sizes
10. High Leverage
11. No Auto Deleveraging
12. Sub-Millisecond Order Matching
13. Off-Chain Price Discovery, On-Chain Settlement
14. Decentralized Governance by Blockchain
15. Complete Privacy
16. Blockchain Driven
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Digitex 2018 Time Line

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RoadMap

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Digitex Team

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Advisors

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More Information

Digitex Web Site
Digitex Blog
Digitex Telegram
Digitex Reddit
Digitex Twitter
Digitex Facebook
Digitex Whitepaper
Digitex Youtube

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