Digitex Futures -- 3 Reasons Why You Should Buy the DGTX token by pangoli

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· @pangoli · (edited)
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Digitex Futures -- 3 Reasons Why You Should Buy the DGTX token
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<center>![](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmQoPs1d1jJg4GEmGvPGxAu9XrbUYxFaJyooTW3iUZwwPT/image.png)</center>
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##### With scarcely 3 months left, Digitexfutures will launch a commission-free cryptocurrency futures exchange that will revolutionalize the exchange industry for cryptocurrency traders and profit speculators in the not-so-distant future.
<br/>

Slowly, but gradually, the world is beginning to regard cryptocurrency as an enduring industry with fast-growing market capitalizations that would be around for a very long time, and from what I know about industrial markets so far, there is a Futures contract for every established one. You name it, Brent, Cocoa, Sugar, precious stones and metals, salt, stocks, shares and securities, etc. This is why in November last year, the first Bitcoin futures contract was officially legalized launched. 

For new users getting into the financial markets, terms such as ''futures'' and “derivatives” can be a stretch. Which is why I cannot surpass this point without explaining it in basic terms. By derivatives or Futures, traders are simply describing a financial security that derives its value from an underlying asset or group of assets. Let's take Cocoa for example. Buying a Cocoa contract in the online market doesn't necessarily mean you're literally buying the cocoa product. Rather, you're purchasing its derivative contract with the name cocoa at a price value that is linked to the real value of the underlying asset (Cocoa)

Today, there are a lot of exchanges on the open market that are offering Bitcoin futures contracts. Most prominently Bitmex and recently, Deribit has added to the list. These cryptocurrency exchanges are good and fine as far as I can tell, but there are clear indications that these exchanges and services lack the true vision that decentralization stands for, nor have they fully utilized the power of blockchain technology that is yet available or understood. Hence, they lack some features that could enhance traders' experience and save us some money and it may seem that Digitex has covered that part.

Today, we see a glimpse of hope just in time. And it is not just about the technology in use. After all, there are several projects that utilize (or at least claim to utilize) blockchain technology and tokenization. Digitex futures revels in the total freedom of the average crypto-assets holder, not just the active traders, and tries to ease that burden of HOLDING by bringing an indigenous method of assets trading lot more closer to the general crypto space. Digitex brings so much more to the table than just zero transaction fees for futures. Digitex will be a hybrid exchange that is held on centralized servers to keep up with speed and scalability, but at the same time, will have the data and account balances of every of its platform user on decentralized smart contracts built on the Ethereum blockchain. A measure is taken to ensure maximum protection of users' funds. 

Also, like every conventional tokenized crypto assets exchange, Digitex has its own native token called the DGTX. I'd like to rant on a bit about how a zero-transaction fees exchange is possible with blockchain technology, and then get on to give reasons why I think every serious investor and venture capitalist should start accumulating the DGTX tokens for future use.

##### A segment of the whitepaper puts it as clear as it can get:

> ***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. This creates demand for DGTX tokens from traders, enabling the exchange to replace revenue generation from transaction fees by creating and selling a small number of new DGTX tokens each year. [Adam Todd, CEO]*** <sup>[src: Whitepaper](https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf)</sup>
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# <center>3 important reasons why you should buy Digitex's DGTX token.</center>
<center>![](https://cdn.steemitimages.com/DQmanZvqALKobsUsaPrq32fMshTVK9MyH58wkkdBvNuggUV/image.png)</center>
### Access to a Commission-free Cryptocurrency Trading Environment.
Of course, this is a no-brainer. Trading fees destroy the longterm profit of traders on many exchanges today. But on Digitex, the DGTX token holds the key to entry and participation in its futures market upon launch in December this year. This is because the DGTX token will be the only recognizable legal tender on the Digitex platform. Balances, transactions and markets will all be expressed in DGTX. A commission-free marketplace will allow for more liquidity and activity in the market since every trader doesn't have to worry about breaking even or getting to pay transaction fees each time they enter or exit a position. Since DGTX will be the sole token being used on the platform, this automatically creates liquidity for the token as well.

### Less Need for Coin Management and Mobility. 
As earlier stated, Digitex futures will ease the burden of holding a coin in private wallet and then having to transfer that coin to an exchange each time a trader needs to take profit. Transactions in and out of exchanges take fees for withdrawal each time and tend to reduce the accumulated profit of the trader. By simply trading a derivatives market with the DGTX token, traders are not charged at all and there is no need to take out funds to external wallets because the funds are safe in a private wallet guarded by smart-contracts on the Ethereum blockchain. 

### Constant Demand and Utility of the DGTX token will drive price bullish.
Currently, the crypto space is teeming wildly with hundreds of tokens and coins that are being proliferated and pushed onto the market without any real use cases or value. Since assets are bought with profit in mind, perhaps one of the most satisfying reasons why you should buy the DGTX token is because it is a token with real use cases for an exchange with a ready market of over 100,000 traders waiting in anticipation, way before it launches. The *tokenomics* show a [total available supply of 700,000 tokens](https://www.coingecko.com/en/coins/digitex-futures-exchange) which is an average amount that could see a fair and reasonable increase in token valuation as the platform on-boards more traders.

Also, the general crypto space has not failed to show the demand for a commission-free futures portal such as Digitex (as indicated in its uptrend in the recent weeks). This is an excellent indication of a profitable investment opportunity. 
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## <center>How to get DGTX tokens?</center>
<center>https://blog.digitexfutures.com/wp-content/uploads/2018/08/6M-750x430.png</center>
#
There are two ways to get the DGTX token as stated below: 
- Participating in an early-access bounty.
- Buying from Mercatox. 
#
Currently, there is an early-access waitlist of over 150,000 confirmed registrations already, and Digitex will be airdropping 6 million DGTX tokens to the first 5000 users. Quickly click on the banner below to signup with your email only. You can also share your invite link with friends to scale up the ranks. The tokens will be sent to the individual accounts of the top referrals on the Digitex platform when it is open for early access in December this year. <center>[![](https://cdn.discordapp.com/attachments/465908576553271306/495745392088973322/digitex_banner_2_1920x350.jpg)](https://digitexfutures.com/get-early-access/?kid=QST1W)</center>

Secondly, you can buy Digitex on Mercatox and exrates exchanges with the links below:
Buy Digitex on Mercatox: https://mercatox.com/exchange/DGTX/ETH
Buy DGTX on Exrates: https://exrates.me/
***
<center>![](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmQoPs1d1jJg4GEmGvPGxAu9XrbUYxFaJyooTW3iUZwwPT/image.png)</center>

For a brief summary, you can see the video below this text. I have included the links to the whitepaper material, the Digitex official website and blog, and their various social media handle as well.  
https://youtu.be/9l2dISg70qM
#

#### <center>Useful links</center>
#### <center>[Project Website](http://digitexfutures.com) -- [Project Whitepaper](https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf) -- [Airdrops/Bounty Campaigns](http://digitexfutures.com/get-early-access) -- [Press Release](https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/)
Buy Digitex on Mercatox: https://mercatox.com/exchange/DGTX/ETH</center>

***
### <center>Digitex on Social Media</center>
##### <center>[Digitex Twitter](https://twitter.com/digitexfutures) -- [Digitex Facebook](https://facebook.com/digitexfutures) -- [Digitex Telegram](https://t.me/digitexfutureschat) -- [Digitex Reddit]( https://www.reddit.com/r/DigitexFutures/)
<center>[![](https://cdn.discordapp.com/attachments/465908576553271306/495745392088973322/digitex_banner_2_1920x350.jpg)](https://digitexfutures.com/get-early-access/?kid=QST1W)</center>
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