Criptocurrencies Comissions-Free Futures Exchange
Two truly innovations: Futures Exchange and the Blockchain
Future markets are born as a way to protect against the risks associated with the variations in prices that producers could suffer at the time of harvesting their cereals. They basically consist in agreeing a present price for a harvest that will be delivered at a later date, when the contract expired, respecting said value at the time the comodity is delivered. The first future cereals markets appeared in Japan in 1730, in the Dojima Rice Market and therafter more than a century forward in the Chicago Board of Trade (CBOT) around 1848.
In futures contracts only agricultural products were negotiated until 1972, when the first financial futures contracts to negotiate 7 currencies exchange rates appear; and futhermore other financial assets futures; « interest rates contrats in 1975, and stock index futures in 1982 » Since then the exchange financial futures have become the most important.
Also in those years the distributed ledger technology was gestating with the ability to revolutionize contracts and exchanges worldwide; But it was not until 2009 when this technology was put into practice and Bitcoin appeared for the first time. Bitcoin is a peer-to-peer money system that operates decentralized without the need for a central authority. To make this come true, the encryption code (hash) of each transaction is saved in the following, forming chains that are registered in blocks that also save the hash of the previous block; hence the name "Blockchain" . In this way, to alter any registration, the entire chain of blocks that is registered in a public, decentralized and distributed way among all the devices of the participants should be modified.
DIGITEX a commission-free futures exchange with its own native cryptocurrency, Don't miss the ship !
The blockchain allows registering all types of transactions, «guaranteeing reliability to all the actors and with the possibility of move and transfer goods with value and with property character from one place to another, and thus, applicable to infinity of products and innovative services», that is why it develops as an ecosystem where various entrepreneurships are developed. Today September 18, 2018 there are 1969 cryptocurrencies
DIGITEX Futures Exchange: Main Features and Benefits
«Zero Trading Fees Traders can submit Maker orders or Taker orders at any time under any circumstances and pay 0% commissions on all trades forever.»
«Decentralized Account Balances Your account balance is held by a decentralized, independent smart contract on the Ethereum blockchain, not by the exchange. DIGITEX cannot freeze/mismanage/lose your funds because we physically don’t have access to your money.»
«Highly Liquid Futures Markets Liquidity is further enhanced by the presence of automated market makers, funded with 20% of the total supply of DGTX tokens.»
«Automated Market Makers DIGITEX market makers are automated trading bots with algorithms that are programmed to break even they help create liquid futures markets that have tight bid and offer spreads, even in volatile market conditions, giving traders the confidence of always being able to enter and exit positions which further enhances liquidity.»
«DIGITEX Native Currency Called the DGTX token. The tick value of each DIGITEX futures market is 1 DGTX token, meaning that all trading profits and losses are denominated in DGTX tokens.and traders account balances, deposits and withdrawals are denominated in DGTX tokens. Therefore, traders must own DGTX tokens to trade on DIGITEX'S commission-free, trustless futures markets, which creates demand for the DGTX token.»
«Token Issuance Revenue Model The DGTX token is in demand from traders, the exchange is able to create and sell a small number of new DGTX tokens each year to cover costs. The inflationary cost of a small increase in the DGTX supply is offset by demand from traders who must own it to participate in DIGITEX'S commission-free, trustless futures markets.»
«Bitcoin, Ethereum & Litecoin Futures DIGITEX has 3 futures markets: BTC/USD, ETH/USD & LTC/USD. Each futures contract has a large tick size, which eliminates a lot of noise and allows prices to be displayed on a one click ladder style trading interface, even in volatile market conditions.»
«One-Click Ladder Trading Interface DIGITEX futures markets are displayed on an intuitive ladder interface that allows traders to submit buy and sell orders instantly with a single click.»
«Large Tick Sizes A distinctive feature of DIGITEX futures markets are their large tick size. In futures trading, a tick is the minimum price increment that a futures contract can move up or down. For example, the tick size on the BTC/USD futures contract is $5.»
«High Leverage DIGITEX futures markets offer traders very high leverage of up to 100×, allowing them to realise large percentage gains (and losses) from relatively small price movements.»
«No Auto Deleveraging Unlike other Bitcoin futures exchanges that offer high leverage, DIGITEX will not close you out of a winning position to protect itself from losses when your counterparty’s losing trade is stopped out because he was too highly leveraged.»
«Sub-Millisecond Order Matching DIGITEX is built on the Erlang/OTP stack, the same programming language as WhatsApp, which was chosen for its real time updating capabilities and its ability to seamlessly handle spikes in activity with extremely low latency.»
«Off-Chain Price Discovery, On-Chain Settlement DIGITEX is a hybrid futures exchange that combines the speed and reliability of a centralized order matching engine with the trustless security of decentralized account balances on the blockchain.»
«Decentralized Governance by Blockchain DIGITEX uses blockchain technology to eliminate transaction fees by minting a small number of new DGTX tokens each year. This token issuance revenue model is governed democratically by its traders. This means that all DGTX token owners collectively decide on when, if and how many new tokens are issued to cover the costs of operating the futures exchange.»
«Complete Privacy Traders on DIGITEX can start trading immediately without needing to submit their name or any identifying documents of any kind.»
«Blockchain Driven DIGITEX revolutionary is only made possible by embracing the disruptive power of new blockchain technology»
«Automated Market Makers Liquidity begets liquidity. Not being driven by profit, the market makers do not exist to extract value from traders. With their highly active trading strategy and a large trading bank of 20% of all tokens in circulation (200M DGTX), the DIGITEX market makers help create liquid futures markets that have tight bid and offer spreads, even in volatile»
No commission on transactions is the truely DIGITEX revolution on Futures Exchange of cryptocurrencies
Commissions on the transactions carried out in the Futures Exchanges allow their operators to cover their costs and generate their profits. but it also limits the possibilities of obtaining benefits on very small margins that are excluded for investors by charging fees
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