The DGTX Token
The DGTX token is the base currency of the Digitex Futures Exchange and all traders on the exchange must own DGTX to participate in our commission-free, non-custodial markets. Demand for DGTX from traders is an integral part of the revenue model that allows the exchange to operate sustainably with zero transaction fees on all trades.
Instead of charging transaction fees on trades, 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.
Buy, Sell, and Trade DGTX now!
DGTX/ETH, BTC, USDT
DGTX Token Supply and Distribution
The total supply of DGTX is 1,000,000,000 (one billion) DGTX tokens which is distributed as follows:
700,000,000 (700M) DGTX tokens were sold to the public at $0.01 per token in the DGTX ICO on January 15th. All available DGTX tokens sold out in only 17 minutes, raising a total of $5.4m from 2,530 buyers.
Digitex market makers are automated trading robots programmed to break even. They will use their large trading bank of 200m DGTX tokens to maintain highly liquid markets with tight bid and offer spreads, even in volatile market conditions.
The team’s 100m DGTX tokens are locked into a 3 year vesting schedule, ensuring the team has strong incentives to create a stable, self perpetuating business model that provides ongoing and consistent demand for DGTX.