The Digitex Futures Exchange
Using blockchain technology to create a futures exchange with zero trading fees and non-custodial account balances.
Real time, on-chain futures trading.
The Digitex Futures Exchange is a trading platform where traders can buy and sell futures contracts on various cryptocurrencies, commodities and financial instruments. Traders win and lose DGTX tokens. Traders must have a balance of DGTX to place trades which creates demand for DGTX. There are zero transaction fees on all trades. Zero-fee trading attracts highly active, ultra-short term traders who create highly liquid markets using strategies not viable on fee charging exchanges. Large tick sizes level the playing field between human traders and bots.
Digitex can operate indefinitely without charging transaction fees on trades by minting a small number of new DGTX tokens each year. Token issuance is decided and governed democratically by all DGTX token owners. Traders who are attracted to zero-fee trading must buy DGTX tokens to participate, thus creating increased demand for DGTX. This demand will offset the small inflationary effects of minting a small number of new tokens.
Digitex is at the cutting edge of blockchain technology and is developing a hybrid exchange that combines the best parts of centralized and decentralized systems. Traders enjoy the speed and reliability of real time trading on a centralized order matching engine, but at the same time they don’t have to trust the exchange with their money. Account balances are kept in an independent smart contract and the exchange is unable to withhold, mismanage, steal or lose your funds because we physically do not have your private keys. This also makes Digitex less attractive to hackers because there are no client funds to steal.
Buy, Sell, and Trade DGTX now!
DGTX/ETH, BTC, USDT
The DGTX Token
The DGTX token is the base currency of the Digitex Futures Exchange and is an integral part to how the exchange can operate with zero transaction fees on all trades.
Account balances are denominated in DGTX and traders win and lose DGTX tokens when they trade. This means that traders must own DGTX tokens to use the Digitex Futures Exchange which creates rising demand for DGTX.
The exchange covers costs by minting a small number of new DGTX tokens each year and selling them in well publicized and transparent token sales. Increased demand for DGTX created by a commission-free, non-custodial exchange offsets the small inflationary effect of minting new DGTX tokens.
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