3 Must Read Factors That Will Increase The Price Of DGTX Token,You Will be shocked by The 3rd Factor!

in #digitex6 years ago (edited)

In this post today I will be talking about the reasons why I personally think the Digitex Futures Token DGTX will go up in value!

This is not financial advice and you should always consult your investment banker before making any investment decision!

Let me briefly introduce to you what Digitex Futures is

What is Digitex Futures?

Digitex Futures is a Commission-Free Bitcoin Futures Trading platform that is using blockchain technology to eliminate transaction fees, decentralize account balances and govern itself autonomously.

I also wrote posts explaining some of the great features that Digitex Futures offers as can be read from this post.

I will summarize the key points here below.

  • Zero Trading Fees
  • Decentralized Accounts
  • Decentralized Governance

I will now talk briefly below of how two of these can or will affect the price of the DGTX token.

DigitexFutures

1. Zero Trading Fees

I was happy when I discovered that Digitex offers zero fees trading! Who really does not like discounts or free things in short?

This feature of Digitex offering free trades will attract many people to the platform and this will make them buy tokens.

It is a requirement for everyone who trades on Digitex to buy and own DGTX tokens as they will use them for all activities on the platform!

I know you might now be confused about what I said above!
I will quote from the Digitex Whitepaper

Transaction fees are eliminated on the Digitex Futures Exchange by creating an Ethereum based token, called the DGTX token, and using it as the native currency of the exchange. 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.

I can now summarize by saying that all traders on Digitex will have to own DGTX tokens which will be displayed on your account as clearly said above!

The beauty with this model is that it will hugely increase the demand for DGTX tokens from Traders.

As I said previously, most people will be attracted to the exchange because of the zero fees model. The bigger the number of people who want to do trades on the exchange the bigger the number of people who will buy the DGTX tokens hence the increase in price!

So folks you can join the get early access by following this link and the bonus of joining early is that you can win 1000 DGTX(worth over $80) in the current Airdrop campaign!

In this airdrop campaign i currently qualify for that $80 since i am in the top 2000 as shown in the image below.

DigitexFuturesairdrop

You can read this article to learn how to be among the people who win the 1000 DGTX tokens.

It has to be noted that i wrote that article a week ago and 1000DGTX were worth $42 and now they are worth $80 and still rising in value!

2. Decentralized Accounts

I have to be frank here, Digitex is the first company I have heard that has decentralized account whereby they are held in an Ethereum smart contract!

Digitexdecentralizedaccounts

I will again quote from the Digitex Website

Traders do not need to trust Digitex withholding their account balance in order to trade on the exchange. Your account balance is held by a decentralized, independent smart contract on the Ethereum blockchain, not by the exchange. Digitex cannot freeze/mismanage/lose your funds because we physically don’t have access to your money. And in the unlikely event that Digitex is hacked, there are no funds for the hackers to steal.

You might not have yet heard this, there is a new report that says that close to $1 Billion has been lost to hacking in only the 9 months of 2018!

You have to check out that post to find out more and be rest assured that Digitex decentralized accounts are the way to go.

This feature of having decentralized accounts will attract new traders to the exchange who will have to buy the DGTX tokens before utilizing the Zerofees feature!

3. Listing in a Big Exchange!

I can assure you guys that this might be one of the biggest factors of why I do believe the DGTX token will skyrocket in value.

You cannot believe that the price of DGTX skyrocketed from $0.01 in June to $0.08 now
You can look at the chart below I took off coinmarketcap.

The DGTX token also grew from 0.03 in September to $0.08 now! You cannot believe that this activity is only happening on two less known crypto exchanges Mercatox and Exrates!

The price has been able to move that high with minor exchanges,folks let us assume that DGTX is listed in just one of the major exchanges below!

Binance, Upbit, Bithumb,Bitfinex,OKex,HitBtc,Huoboi,Bitstamp!

If you have been in crypto, I am sure you know the impact of listing a token or coin on a big exchange! Iam just assuming how getting listed in just one and not two of those exchanges above!

I recently watched a video by the CEO of Digitex announcing of a new major exchange listing coming soon, I will attach that video below so that you can hear from the CEO Adam Todd himself.

You can also read more about Digitex Futures By checking out these links below.

Twitter

Facebook

Telegram

Reddit

Digitex Whitepaper

Website Early Access

“DISCLAMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by investing. The following information is for educational and entertainment purposes only.”

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Jarau Moses

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