Digitex Futures Exchange

in #steemit • 6 years ago (edited)

Introduction

Source
The new trend in the cryptocurrency markets is increasingly oriented towards the increasingly profitable realization of commercial transactions, but so far the high transaction costs for low trade or high volumes have slowed for a moment the extensive use of this method of payment, but every time there are alternatives that solve this problem, within these solutions is the Digitex Futures Exchange, it is expected that the demand for this new currency will be favored given that the use of this currency will provide the opportunity to have transactions free of charge. commissions, which should be a great incentive especially for merchants, and for all users in general, "Transaction fees are eliminated in the Digitex Futures Exchange by creating a Token based on Ethereum, called a DGTX token, and using it as the native currency of the exchange, all the gains, losses, margin requirements and account balances are denominated in DGTX tokens, which means that merchants must have DGTX tokens to participate ipate in the free markets of commissions and without trusting Digitex. "


Commission-Free Futures Trading

Source
With the new currency Digitex Futures Exchange you can get new income by issuing touch, instead of transactions, commission-free transactions is now possible, "By creating a protocol token compatible with ERC-223 in the Ethereum blockchain, called token DGTX, and using it as Digitex Futures Exchange's native currency in which all benefits, losses, margin requirements and account balances are denominated, the exchange can eliminate transaction fees in exchanges and cover costs by creating new tokens instead of charge fees. The relatively small The cost of inflation to create additional tokens is more than offset by the demand that is created by traders who must own DGTX tokens to participate in the command, liquid markets created by this model. " Digitex Futures Exchange will create new DGTX tokens in the first quarter of 2021 with the objective of covering operating costs, "costs will include software development, servers, personnel, premises, marketing, support and all other associated costs, operators will vote about how many new tokens to create to cover those projected costs. Voting will be done through Decentralized Governance by Blockchain - 1 DGTX = 1 vote. "


Are the key elements of the DGTX token:

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• DGTX is the protocol token that is the native currency of the Digitex Futures
Exchange.
• The tick value of every Digitex futures market is 1 DGTX token.
• Margin requirements on each Digitex futures market are payable in DGTX
tokens because profits and losses are denominated in DGTX tokens.
• Account balances on the Digitex Futures Exchange, which are held by an
independent smart contract, are denominated in DGTX tokens.
• It is the creation of new DGTX tokens after approximately 2 years that allows
the exchange to operate without needing to charge transaction fees.
• The DGTX Token Sale/Initial Coin Offering (ICO) creates an initial supply
of 1,000,000,000 DGTX (one billion DGTX tokens).
• There is no creation of new DGTX tokens for the first 2 years after the launch
of the Digitex Futures Exchange.
• Approximately 2 years after launching, the Digitex Futures Exchange starts
to create new DGTX tokens to cover the costs of running the Digitex Futures
Exchange.
• New token issuance causes inflation but it also creates high demand for DGTX
tokens by subsidizing commission-free futures markets that attract large
numbers of traders who must buy DGTX tokens to participate.
• DGTX is an Ethereum based, ERC-223 token that will be freely tradable for
Bitcoin, Ether and many other cryptocurrencies on the Digitex platform
through integration with trustless, decentralized token trading protocols such
as swap.tech, 0xproject.com and bancor.com.
• Traders can eliminate DGTX price risk from their trades with the DGTX
Peg System.

The Digitex Futures Exchange
Digitex Futures Exchange is a commercial ecosystem for the purchase and sales of commercial contracts in the future of digital currencies without transaction fees

Main Features and 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


The future of futures with Digitex?
DGTX is called to be an economy that can sustain itself in time with maximum performance, without a doubt the free operations will attract more users and as a consequence increase the liquidity of DGTX, this will provide a clear advantage to the DGTX users.

4.jpg


Complete Privacy
"Traders on Digitex can start trading immediately without needing to submit their name or any identifying documents of any kind. As an offshore exchange that accepts only DGTX tokens, Digitex is not bound by intrusive, ineffective and pointless KYC/AML regulations that intrude on our users’ privacy and which put them at risk of identity theft by making the exchange a target for hackers seeking personal information. The best way to protect our users’ personal data is not to collect that data in the first place."

You can also check
• Sitio web de Digitex
• Digitex WhitePaper
• Blog de Digitex
• Telegrama Digitex
• Digitex Reddit
• Digitex Facebook
• Digitex Twitter
• Digitex YouTube

digitex2018

Twitter: https://twitter.com/generalpatton15/status/1041267955034726400

digitextwitter

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6 years ago in #steemit by
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     6 years ago 

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       6 years ago 

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