<center>**Intro**</center><hr>
<center> <sub><a href= https://digitexfutures.com/get-early-access>Image Credit</a></sub></center>
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The opportunity to trade prices is provided to traders by futures markets with the option of high cost and the risk of transferring been dealt with. The trading of price has been known to be facilitated by futures markets, thereby, reducing friction and costs as a result. However, irrespective of lower cost, the fees of transactions are still very much significant on the futures trading strategies of high volume, low profit margin. The commissions tend to convert marginally profitable strategies into losing strategies. As such, the need to eliminate transaction fees arises.
<br>This is the main reason an Etherium based token called the DGTX token, that will be used as the native currency of the exchange called the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange was created.
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<center>**The [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange**</center><hr>
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https://cdn.steemitimages.com/DQmYiveMH3iBKKetgDXq22upnzGGkPPrTtRuKoWKJGyu8Ty/dgtx.png
<center> <sub><a href= https://digitexfutures.com/get-early-access>Image Credit</a></sub></center></div>
The [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange is a trading community that have the application of zero transaction fees implemented for the trustless buying and selling of digital currency futures contracts. The funds of client is not held by the exchange, that is, they combine the security of decentralized account balances which cannot be trusted with the reliability and speed of an order book and matching engine which is centralized.
There is no need for traders to trust the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) futures exchange with their money when using the exchange. This is because a decentralized smart contract which is built on the Etherium blockchain and which does not depend on any entity will be replacing centralized account balances. Problems associated with original decentralized exchanges are solved by the combination of decentralized account balances and a centralized matching engine.
The blockchain is a very effective and efficient modern means of technology that have promised to revolutionalize the globe. Despite its advantages, it also has its own disadvantes as well. This is why the running of a decentralized futures exchange on the blockchain has posed some challenges, particularly in reference to settlement of trade efficiently and order matching. The drawback are stated below.
<br>**The Challenges of Decentralized Exchange**
* Prevention of real time trading due to latency of on-chain orderbook.
* The expensive nature of on-chain transactions
* Frontrunning may occur on large orders due to on-chain lack of privacy.
* The challenges of scalability and reliability of on-chain transactions remain a bothering issue.
* It is impossible to practice margin trading on-chain.
With [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F), we have got no issues with these challenges, because Digitex has put in a lot of measures to put a stop to the challenges and bring out the highest productivity of futures exchange on the blockchain. In other words, Digitex is the hybrid mechanism of both the reliability and speed of centralized servers in conjuction with the security of decentralized smart contract that cannot be trusted.
<br>**How Does [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Generate Revenue?**
Revenue is generated by Digitex through the issuance of its native currency called "DGTX token" which is in demand from traders, and this is why it doesn't depend on the payment of transaction fees on trades.This is one of the essential benefits of Digitex.
<br>**Important Features and Benefits of [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange**
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https://cdn.steemitimages.com/DQmVJDea1iLeYBwPr6vhXT231EMTn1xYg3ptK3UkMCsCuDd/1.png<center> <sub><a href= https://digitexfutures.com/get-early-access>Image Credit</a></sub></center></div>
**Zero Transaction Fees**
On the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) futures exchange, the payment of transaction fees are eliminated. Any forms of trade performed by traders on this exchange at any time under any circumstances are done with the payment of nothing more and nothing less than a transaction fee/commissions of 0%.
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https://cdn.steemitimages.com/DQmPsczdy1eYm8WtrfhPqUsyPc2EJckGkdLq7CGVqprXUqH/2.png
<center> <sub><a href= https://digitexfutures.com/get-early-access>Image Credit</a></sub></center></div>
**Decentralized Account Balances**
The account balance of clients are held by a trusted decentralized smart contract that do not depend on any entity, on the Etherium Blockchain and not by the exchange itself. The funds in an account can not be freezed or mismanaged by Digitex as a result.
**Enhanced Liquidity**
Due to the zero transaction fees feature of the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange, traders tend to participate in high volumes, single tick trading strategies that cannot be done on other exchanges. Hence, highly liquid markets set in.
**Automatic Makers of Market**
[Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) has automated trading bots with algorithm that serves the function of the Digitex market makers, and they are programmed to break even. Liquid futures market that can function well even in volatile markets conditions are created by this automated market makers.
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https://cdn.steemitimages.com/DQmZGMNSkCSEcCven9Q9fyqrFMJCsTDjUJGJdYvkyJ5UVMu/3.png
<center> <sub><a href= https://www.digitexfutures.com>Image Credit</a></sub></center></div>
**Decentralized Governance**
The determination of the number of new tokens to be issued and when it should be issued by traders on the Digitex futures market depends solely on the use of decentralized governance.
**Bitcoin, Etherium and Litecoin Futures**
There are 3 futures market in [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F), and they are: BTC/USD, ETH/USD and LTC/USD. A lot of noise are eliminated by the tick size of each of this futures contract which are large, which then cause price to be displayed on a trading interface of single click trading style, as well as in condition of volatile market. However, domination of the tick values of futures contract occur in DGTX token (that is, there is settlement of all profits and losses in DGTX token).
**Complete Privacy**
Trading on the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange can be done by traders at any point in time without them being required to submit their names or any other forms of identification means.
**High Leverage/ No Auto Leverage**
A very high leverage of up-to 100x is offered to traders by [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) futures markets, which brings about gains (or losses) of high percent from movements of small prices. [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) will not put a stop to your profiting trade just to protect itself from being at the losing end when the losing trade of your counterparty is stopped because he was too highly leveraged.
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https://cdn.steemitimages.com/DQmfAi3uJ9hwpNtZj2KLT6fjbZWJChJbE39qd8GFZ1ECrS9/blockchain-3277336_1280.png
<center> <sub><a href= https://pixabay.com/en/blockchain-cryptocurrency-network-3277336>Image Credit</a></sub></center></div>
**Based on blockchain**
The technology of Blockchain is the driving force of [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F). The revolutionalization of [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) is based mainly on the working function of the new blockchain technology which is a technology of the modern world.
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<center>**The [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Protocol Token (DGTX Token)**</center><hr>
The DGTX token is the protocol token that serves as the driving force of the [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange. It is a must for traders to have a margin balance of DGTX which is enough to make up for his potential losses before he can buy or sell futures contracts on the exchange. This is mainly because 1 DGTX token is the tick value of each Digitex futures contract. In essence, all losses and profits are denominated in DGTX tokens.
<br>**Key Elements of the DGTX Token**
* The [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange make use of a native currency, which is a protocol token called "DGTX".
* 1 DGTX token is the tick value of every [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) futures market.
* Due to the denomination of all profits and losses in DGTX tokens, the needed margins are payable in DGTX tokens on each Digitex futures market.
* Account balances on the Digitex Futures Exchange are denominated in DGTX tokens.
* The exchange can operate without the need to charge transaction fees through the creation of new DGTX tokens after 2years.
* An initial supply of 1 billion DGTX will be creates during ICO.
* New DGTX tokens will not be created for the first 2 years after the Digitex Futures Exchange is launched.
* New DGTX tokens will be created immediately after 2years of launching so as to make up for the cost of running the Digitex Futures Exchange.
* The price risk of DGTX can be eliminated by traders from their trades with the peg system of the DGTX.
<br>**DGTX Token Supply and Distribution**
DGTX token of approximately 1 billion will be made available during initial sale and it will be distributed as stated below:
* 650M DGTX (65%) DGTX Token Sale
* 200M DGTX (20%) Digitex Market Makers
* 100M DGTX (10%) Team (current and future)
* 50M DGTX (5%) Referrals
<br>**Price Projections of DGTX Token and Their Effect on Token Issuance Model**
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
**A Table Showing the Inflation Projections of DGTX Token Issuance**
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
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<center>**Futures Contract Specifications**</center><hr>
The Digitex Futures exchange will launch with the following 3 futures contracts: BTC/USD, ETH/USD & LTC/USD.
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
<center> <sub><a href= https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf>Image Credit</a></sub></center>
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<center>**Use Case**</center><hr>
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https://cdn.steemitimages.com/DQmV3CPBghp7iUNfJcFaZJm1goD6yUkim7GozKdDVczuYFh/crypto-3569795_1280.jpg
<center> <sub><a href= https://pixabay.com/en/crypto-bitcoin-money-electronic-3569795>Image Credit</a></sub></center></div>
Mr Smith works with a well known and vibrant company that deals mainly with the buying and selling of digital currencies like bitcoin and etherium for their clients so that these clients can get the optimum profits out of it. They get a certain percentage of every of the currencies they transact for their Clients. These company have been operating for more than two years and their are doing well across the globe. Their clients kept on increasing on a daily basis and the need for them to increase the number of staffs in the company also arised.
But the issue here is that, they noticed if they should employ more staffs, they are likely to run at a loss due to the payment of transaction fee of each transaction they perform on the blockchain. They were very worried about this because they were short on the number of staffs needed by them to run their business efficiently.
During those hard times, A friend of Mr Smith that works in another company introduced [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F) Futures Exchange to him, and he told his company about Digitex respectively. Digitex is a commission-free trustless futures exchange where the trading of digital currencies can be efficiently and effectively carried out. With [Digitex](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F), all their worries were gone.
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<center>**Conclusion**</center><hr>
The Digitex Futures Exchange is a new and efficient futures exchange that mint its own native currency which is a protocol token called "DGTX". The minted token replaced the need for the payment of transaction fees on trades by traders. The trustless nature of the Digitex Futures Exchange will be another boost to liquidity and traders on this exchange will be able to carry out trading without having to trust the exchange with their money.
With Digitex, all buying and selling done on the Blockchain can be carried out successfully and efficiently without the payment of any transaction fees or commissions, and this allows optimum profits to be realised by peoples out of every transactions they perform at any point in time under any circumstances.
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<center>**Roadmap**</center><hr>
https://ipfs.busy.org/ipfs/QmWRXV92M2g3MWxbzXj2xhb5tUkXitwf7VyAPBhhJNM9Gb
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<center>**Meet the Team**</center><hr>
https://ipfs.busy.org/ipfs/QmUEuWUQMBrVBMKpuWWEDKmFTypeFHaptf6B1KLTMUCfUe
## <center>For More Info, Please watch this video </center>
https://youtu.be/Bbz_uqstEgY
<center>OR</center>
## <center>**Visit this links**</center>
* <sub>[ Digitex Website](https://busy.org/exit?url=https%3A%2F%2Fdigitexfutures.com%2Fget-early-access%2F)</sub>
* <sub>[Digitex Youtube](https://youtube.com/channel/UCjY3JG9agHi2ePDTm6sJysw)</sub>
* <sub>[ Digitex Whitepaper]()</sub>
* <sub>[Digitex Blog]()</sub>
* <sub>[Digitex Twitter]()</sub>
* <sub>[ Digitex Facebook](https://busy.org/exit?url=https%3A%2F%2Fwww.facebook.com%2FDigitexFutures%2F)</sub>
* <sub>[Digitex Telegram]()</sub>
### <center>This post is submitted for Digitex Writing Contest organised by @originalworks. Feel Free to join the contest [here](https://steemit.com/crypto/@originalworks/1250-steem-sponsored-writing-contest-digitex)
Twitter link https://mobile.twitter.com/Dtwosam/status/1042148369072889858
<center>Digitex2018</center>