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Hello friends, it's a pleasure to bring you more updates about digitex the zero fee futures trading platform I have been talking about for some time now. Digitex is the future of it's industry and I believe in no time all other platforms coming afterwards will be borrowing this model. This post is explaining the beauty of contract and what you need to know about them. I also made a video for understanding Digitex Futures exchange.

It is a normal phenomenon that traders within an organisation or a platform, dive into various investments to maximize their profit which is the sole aim of traders. With the drive of profit making, traders keeps investing in spots where they perceive greener pastures in the future where they can acquire much more than was invested. Although, being a trader is more difficult than It seems. In trading you are faced with a lot of risk, the most difficult decisions that concerns finance and investment are made. All this actions still boils down to profit making. For a trader to successfully carry out trading activities, which includes placing orders, and moving assets and digital currencies swiftly, a reputable, effective and transparent exchange platform is necessary. 

A platform that provides efficient services to make users feel comfortable, while trading. It is common for trading platforms to add commissions on transactions made, to cover for maintenance cost of the exchange market. Which results to reduction of profits made by traders, while some platforms might charge reasonably, others charge without caution. At this point it becomes almost impossible for traders to maximize their profit because of depletion in form of commission fee. This is more difficult for future traders, because they tend to trade huge volumes of assets. For a couple of days/weeks now, I have been talking about trading features, and for beginners that are not very familiar with the term, I would like to talk briefly about CONTRACT.

<div><h3>REVIEW OF THE CONCEPT OF FUTURES CONTRACT</h3></div>

It simple terms, futures contracts are an agreement that involves two parties where both parties agree to sell and buy a particular quantity of a commodity or asset at the prevailing market price, but at sometime in the future. The assets in a futures contract could be currencies, rate, stock, commodities and bonds. The futures trade is done on a recognized exchange, this is where DIGITEX comes in. The contract is the facilitator and mediator holding both parties involved.

_Note: The delivery payment of the asset or commodity is done based on the agreed day in the future which is also known as the delivery date. If the value of asset increases a day before The payment and the delivery, the agreed price will prevail. The seller in a futures contract is said to be holding short position, while the buyer is said to have long position. The huge commission fees exchange platform derive from their users are unbearable. Futures traders on the platform, have never been so happy to have identified with the one exchange that charges nothing on trade._

  
Digitex Futures exchange will launch a revolutionary and efficient futures trading platform that will take over the crypto space with amazing features that will guarantee the best trading experience ever. The DGTX token is the only token available on the Digitex Exchange for trade, a gateway for traders on the platform to trade futures without commission fees. Charge fees are completely eliminated by an annual consensus of every active token owner on the Digitex to mint a diminutive amount of new tokens to take care of cost of maintenance of the platform, which is liquidating the exchange market.

Watch the video here;

https://youtu.be/txTNyEOsqmg

Thank you friends for reading through this blog. Feel free to ask your questions in the comment section and don't forget to watch the video embedded here in this post. I made a graphic video explaining specifically what Digitex Futures is.

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<center><h3>FOR MORE DETAILS ON DIGITEX FUTURES YOU MAY REFER TO THE FOLLOWING SOURCES;</h3></center><center><h4>Website: [http://www.digitexfutures.com](http://www.digitexfutures.com/)</h4></center><center><h4>Project Whitepaper: [https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf](https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf)</h4></center><center><h4>Airdrops/Bounty Campaigns [http://digitexfutures.com/get-early-access](http://digitexfutures.com/get-early-access)</h4></center><center><h4>Press Release: [https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/](https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/)</h4></center><center><h4>Twitter: [@digitexfutures](https://twitter.com/search?q=%40digitexfutures&src=typd)</h4></center><center><h4>Facebook: [@digitexfutures](https://www.facebook.com/DigitexFutures/)</h4></center><center><h4>Telegram [https://t.me/digitexfutureschat](https://t.me/digitexfutureschat)</h4></center><center><h4>Reddit [https://www.reddit.com/r/DigitexFutures/](https://www.reddit.com/r/DigitexFutures/)</h4></center><center><h4>Sources;  
Digitex Futures WhitePaper</h4></center>