How is Commission-Free Trading Possible?
Digitex uses its own cryptocurrency, called the DGTX token, as the native currency of the Digitex Futures Exchange.
Your account balance on the Digitex Futures Exchange is denominated in DGTX tokens and all your trading profits and losses are in DGTX tokens.
Digitex eliminates transaction fees on trades and covers operational costs by creating and selling a small number of new DGTX tokens each year.
All new token issuance events must be approved by DGTX owners through a democratic system of Decentralized Governance by Blockchain.
The demand from thousands of traders who must own DGTX tokens to participate will easily absorb the small number of new tokens that are created to cover costs.
Zero transaction fees on trades encourages high volume trading strategies that are not viable on other exchanges due to commissions, creating liquid markets that attract more traders, further enhancing liquidity and increasing demand for DGTX tokens.