Digitex is a commission-free futures exchange with its own native cryptocurrency, the DGTX token, in which all account balances are denominated. Traders speculate on the price of BTC, ETH and LTC against the US dollar, but their trading profits and losses are paid out in DGTX tokens.
The Digitex Futures Exchange is a revolutionary new futures exchange model that mints its own native cryptocurrency to replace the need for transaction fees on trades. Commission-free trading will create highly liquid futures markets by attracting high volume, short term traders whose trading strategies are not viable on other exchanges due to commissions. As cryptocurrency prices rise, percentage based transaction fees on other exchanges will also rise, further increasing the appeal of a commission-free futures exchange.
Commission-free markets create demand for DGTX tokens which more than offsets the inflationary cost of creating that demand.
Traders on Digitex can participate in liquid, commission-free markets without needing to trust the exchange with custody of their funds, further differentiating the exchange from the traditional exchanges that require traders to relinquish full control of their account balances to a central third party that can potentially freeze/mismanage/lose those funds.
Through Decentralized Governance by Blockchain (DGBB), new token issuance for the purpose of revenue generation is run democratically by DGTX token owners.
Highly liquid, commission-free futures markets on a stable, fast and trustless trading platform, during a period of exponential growth in cryptocurrency trading, will attract a large number of traders, creating huge demand for DGTX tokens. As the price of DGTX tokens increases the exchange must create fewer tokens to cover costs, thereby reducing the inflationary cost of creating new tokens.
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Co-Founder & President at Koinsquare | Marketing Manager at AidCoin | Campaign Success Manager at 200 Crowd | Advisory Board Member Rated on May 3, 2018
4
5
4
13%
What to say, awesome exchange product, it speak its self!
It is not acceptable that the team dose not even have a link to linkedin near the pictures. this is why the lowest rating . it is not even worth going through the rest of the pitch
Giving all 5s to make the rating a little more fair because it's too biased right now. It seems like there's a couple of folks who rated this poorly that had some sort of personal beef. One reviewer gave them low score but their comments were that the project is highly hyped. I hardly view that as a bad thing. Other comments regarding red flags without any real substance to back it up. The amount being raised was very reasonable. The team looks like they aren't that capable of setting up an ICObench profile, it happens but just wish community here was more helpful in tips. One commented about personal links (such as LinkedIn). Took me a couple seconds to find them - type the CEO or COO name into LinkedIn along with Digitex and poof, they show up.. amazing stuff. The COO has relevant experience. So a couple guys with some experience in online betting & trading that roped in some developers to help achieve their vision. Kind of what most projects are.
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