How & Where to Buy Digitex Futures (DGTX)
Use Digitex Futures: Ways to send & spend DGTX
Digitex Futures Price & Information
Current DGTX price and historical price chart
Why Should I Buy Digitex Futures (DGTX)?
What is Digitex Futures?
The Digitex Futures token (DGTX) is the native currency of the Digitex Futures Exchange platform, which offers futures markets on Bitcoin, Ethereum and Litecoin, against the US dollar. The platform, still under development, will be the world’s first exchange on which traders can speculate on the price of bitcoin, ether, and Litecoin, and will not have to pay commission on transaction fees. This allows traders to make speedy, real-time trades, offering traders options which are currently not possible with other exchanges.
History of Digitex Futures
How Digitex Futures Works
In order to participate with Digitex’s commission-free futures markets, traders must own the system-native DGTX token, which can be purchased from a number of ERC20-friendly exchanges. Users of the platform can submit buy and sell orders instantaneously with a single click using the platform’s in-built trading interface, which displays live bids and can be moved up and down on a central price column. The platform uses “large tick sizes” to make short term trading practical, helping to create highly liquid markets with no trading fees. Digitex makes use of Ethereum’s smart contract functionality to retain information about all futures orders. The language of their smart contracts, developed by SmartDec, is all auditable as it is retained on GitHub for public viewing.
Why Digitex Futures?
The Digitex platform is an entirely unique way to speculate, or bet, on the price movement of 3 major cryptocurrencies. The system native token, DGTX, will rise in value along with the popularity of Digitex, as it is needed to place orders within its system. As a futures trading platform, Digitex offers the following benefits:
Commission free. There are no fees incurred for any part of the trading process on the Digitex Futures platform. The only purchase required by the user is that of the DGTX token, which can be done from many different exchanges.
Fast trades. The use of the Ethereum blockchain and associated smart contracts allows for anybody to place as many trades as want, as quickly as they want, granted they possess enough DGTX tokens to cover the size of their trades.
Decentralized account balances. Funds for futures trading accounts are all managed by smart contracts and stored on the Ethereum blockchain, meaning users are never at risk of losing their funds.
One-click ladder trading. Futures trades can be executed with the click of a mouse through Digitex’s, intuitive, easy-to-use interface.