DIGITEX ¡Commission-free Futures Trading!

mundarainale (48)in #originalworks • 6 years ago (edited)

Due to the instability of the markets, a protection mechanism for investors called "Forwards" was created to ensure that both the seller and the buyer benefited from the operation. However, due to the risks that both parties had to take and the trust they had to have with each other, the idea was improved and the "Forwards" were inserted into organized markets that guaranteed compliance with the agreement, becoming known as the "Futures Market".

These markets address the volatility of exchange rates by agreeing on the selling price that the asset will have at a given date but agreed at a current date, being a considerable risk management that acts taking into account certain market variables. The organized markets in which future contracts are negotiated intervene as arbitrators that assure and guarantee the conditions by which the negotiation must be governed and that these are fully complied with, so that to maintain the profitability of the system these organized markets such as Bitmex for example are subject to commissions, which makes its use becomes a little restricted and sometimes low profit. In this post I will present you the alternative that you needed for your future contracts, anchored to the blockchain technology and free of commissions that DIGITEX offers you!

What is DIGITEX?

It is a commission-free Futures Exchange based on its own tokens that works perfectly for the benefit of its users to have a decentralized trading method in which the transaction costs are agreed among the users of the platform, this therefore creates a reliable environment for them as they are not subject to the fees imposed by the exchange for the transactions that are made on it.

How does Digitex support itself if it doesn't get commissions?

Let's say that the stock exchange makes a profit on the operations but you won't be the one to pay for them, because as a system of profitability and maintenance Digitex feeds back thanks to its cryptomoneda based on Ethereum known by the acronym DGTX. This token is the master key that operators need to carry out their transactions inside Digitex, with it they will have access to the multiple benefits that this platform offers.

The sustenance of it comes from the annual sale of new tokens that will replace the commissions that could be charged and this will therefore be given due to the demand that will have the cryptomontage by the need for possession that operators require to participate in Digitex. Emphasizing that the amount of new tokens that are issued for the sustainability of the stock exchange will be agreed by the operators who act within it in a democratic manner.

The Problem vs. The Solution

The commissions tend to be barriers within the systems since the operators evaluate the benefits that they can obtain and if the tariffs that they must cancel take part of those benefits, the business alternatives are born day by day and always tends to be more attractive a model in which the costs are very low and those in which they do not even exist. The solution offered by Digitex allows users to win completely in the operations they carry out because they can apply the strategies they consider appropriate with the free portfolio of benefits offered by the Digitex interface at low risk and in a profitable way for their income. There are no commissions, you do not manage or have control over your money and you keep your own crypto currency, attractive and profitable characteristics for a market as volatile as the crypto currency.

100% Decentralized Accounts

Another of the premises that define the Digitex system is trading without trust, this means that their accounts are decentralized from the database and the exchange does not manage their assets in any way thanks to the implementation of an intelligent decentralized contract in the blockchain in which all their balances are kept. With this trading system users are given the opportunity to influence with their actions and decisions on the interaction of the futures exchange leaving the profitability of the exchange in the hands of operators, with their investments and transactions will maintain a timely level of demand for DGTX, which is the engine that maintains the entire exchange.

Types of Futures

The strongest markets are led by those crypto currencies that have the longest time in the market and that have the highest value compared to other crypto, these markets are Bitcoin, Ethereum and Litecoin. The Digitex futures exchange operates in these three markets and offers highly profitable futures contracts in which your profits and losses are paid with the exchange's native token, i.e. DGTX.

Conclusion

In futures contracts there are several variables that can be favorable or unfavorable due to the volatility of the market, if we add to that the fact of having to cancel a commission for the transaction, the option and implementation of the futures market becomes not very attractive. Digitex plays with the profitability of the stock exchange and eliminates commissions with a very well thought out income model system supported by the annual issuance of its own crypto currency, this will undoubtedly change the way operators see the picture, since by eliminating the tariffs they can play with speculation and maintain their profits. In addition to the privacy of offering the platform, the control it gives to users and the liquidity it presents turn the futures market into a fast and secure trading ecosystem.