Digitex: Futures exchange free of commissions

in #cryto6 years ago



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Some of the main causes that make users not compete, commercialize, and limit themselves in the number of transactions, in large or small exchanges is the amount of commissions that pay for services, which make their virtual economies wobble, Despite the lower costs, transaction fees remain significant in high volume, under profit margin futures trading strategies. they act as a massive brake on the potential liquidity of futures markets, by converting marginally profitable strategies into losing strategies after commissions.

Digitex, Futures Exchange is a new and revolutionary futures exchange model that coins its native cryptocurrency to replace the need for transaction rates in trade winds. Free commission trading will create very liquid futures markets by attracting large volumes, short-term traders whose trading strategies are not viable in other exchanges due to commissions. As the prices of cryptocurrencies rise, percentage of transaction fees based on other exchanges will also increase, further increasing the attractiveness of a futures exchange without commissions.
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 currency of the exchange. All gains, losses, margin requirements and account balances are denominated in DGTX tokens, which means that merchants must have DGTX tokens to participate in the commission-free markets and without trust in Digitex. This creates demand for DGTX tokens from merchants, which allows the exchange to replace revenue generating transaction fees by creating and selling a small number of new DGTX Tokens each year.

The Cryptocurrency community is anxiously awaiting the presentation of Digitex Futures Exchange later this year 2018.
Adam Todd and his team will become an important part of the history books, for being the first exchange of the future without commissions.
This will be remembered forever throughout this great community.
In order to know or predict what will happen in 2019, it is important to know all the movement that this great model has had in 2018.
It is also important to know that the DGTX card is a native cryptocurrency, which will be used by the Digitex Futures Exchange to handle all the negotiations in the exchange.

Check the following table

Ten higher cryptocurrencies versus DGTX.

Fuente: Blog Digitex

As you can see, DGTX is the only currency among the others with a positive return for 2018, it is for the DGTX ICO price of $ 0.01 per record from January 15, 2018.
Digitex, will change the traditional way where all the benefits were only for the industries, Digitex will benefit the client rather than the same. This will totally change the way the stock exchanges of the future will operate.

How will DGTX move for 2019?

It is true that it is unpredictable or know how the behavior of any investment vehicle will be. But according to the previous behaviors we can calculate how the results will be in the future. Guided by the number of support and resistance of the Fibonacci number sequence, brilliant Italian mathematician, by the recent performance of DGTX, each level could easily be exceeded in the coming weeks.
If the daily volume continues to increase DGTX, it could rise considerably in a short time, as the momentum operators follow the market trend.

The emission of income generating tokens begin in January 2021.

Approximately 2 years after the official launch of the Digitex Futures Exchange, new DGTX tokens will be created to cover current costs.
The amount of new tokens that will be created will be destined by other DGTX tokens holders, who voted on proposals made by DGTX token owners, these will be created through intelligent, fully audited contracts, buyers will send ETH to the smart contract address and they will automatically receive the corresponding number of DGTX tokens in exchange.
The first 2 years will create an increase in the demand for DGTX. The highest price of the DGTX. This means that fewer tokens should be created to cover costs by reducing the inflationary effect on the total DGTX supply

Digitex Futures Exchange use case.

Juan this week made his DGTX tokens account through an exchange of cryptocurrencies. He knows what to take advantage of before the official launch at the end of 2018.
Juan joins the anticipated waiting list, he receives a special reference code. This code is used to recommend friends and other merchants to join the waiting list. He will work to enter the 5.000 most important people that generate the most references, achieving this he will receive 1.000 DGTX files, when Digitex presents its commercial exchange in the fourth quarter of this year and in addition to this it will have full access to the business platform of Digitex, Juan will enter among the 5000 thousand people that Adam Todd use to test the business platform before it is released to the public.

This script was made by @nancyka for the @originalworks contest sponsored by Digitex

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