INTRODUCTION

The aim of every digital currency trader in exchange is to make profit, but most of the time that does not appear to be the case with potential investors. It is no longer news that with the digital revolution, trading with cryptocurrency has been seen as a much better and easier method of safe trading on digital exchanges, but when it comes to trading, maximization of profit is key.
Trading on exchanges involves employing several means to ensure an effective transaction like brokers, escrow services and other third parties that provides liquidation. During the process, several fees are delegated for transactions, commissions and other trade fees. These fees come in small percentages of the entire trading amount but hardly allows investors to make profits as they should. Trading profits can be marginally small at times and are mostly lost to transaction and commission fees paid by the investors. In a case where the trading amount is small, the commissions can be easily managed without much effect on the expected profit of the transaction but in cases where a huge amount of digital portfolio is involved, the transaction and commission fees are much that the investor in question suffers losses instead of the required profit.

Futures Trading Solution Model

In recent times, Futures trading has done a lot of work to limit these unwarranted expenditures by creating a specific contract that underlies the agreed values of commodities. In layman's terms, Futures Trading involves a contractual agreement between sellers and their buyers to settle for a certain purchase price of a particular commodity in the future regardless of the market situation at the delivery date. The Delivery date in this case is the date when the particular price tag will take place while the agreed purchasing price is known as the Forward price. Future trading transactions have been very effective in stabilizing prices of commodities in the market especially the agricultural commodities. Despite all this protocols to reduce high cost of products in exchanges, it has not really worked out for the crpto decentralized exchange just as it has worked for centralized exchanges. The reasons are not far fetched ;

• The blockchain latency problem has been a great deficiency preventing crypto transactions in real time, therefore increments in mining fees can fasten the process leading to exorbitant transaction fees.
• Security challenges involved in storing and transferring cryptocurrency has always been a factor and this has led investors to employ extra hands such as third party brokers, escrow services and storage security protocols leading to yet more processing fees.
  In order for exchanges to achieve the best trading experience, the above mentioned costs are drafted into the total amount, hence the need for transaction and commission cost that leaves investors at disadvantages.
  The Digitex is a new exchange platform developed to take care of large scale investors' trading portfolios without the discomfort of a commission fee. Now let's take a look at what Digitex is adding to the trading measures.

THE Digitex Exchange

The Digitex Exchange network is effecting a new change in trading protocols where futures trading transactions comes at no extra cost to the investor or buyer. The aim of the Digitex platform is to create a trading platform where its investors can maximize profits through their investments. The process is necessitated by the creation of their Ethereum based DGTX tokens which is the primary cryptocurrency used for all trading operations on the Digitex Exchange network. The platform hopes that by the ability of investors to utilize their tokens for trading operations, they can perform exchange operations on their platforms with no extra charge which is made possible by their blockchain that is more secure, effective and transparent than the average contemporary crypto blockchains.

The Digitex Package

The DGTX Tokens

The role of the DGTX token in the Digitex trading protocols can never be over emphasized. As I mentioned earlier, all operations are undertaken using the DGTX token on the Digitex Futures Exchange network. It will be the currency in use for every cost effective purchase or sale absorbing every profits and losses incurred along the way. The DGTX token is an ERC-223 token based on Ethereum smart cobtracts and charging fees are eliminated by the production of more tokens by the Digitex platform. Normally that will lead to the over availability of the tokens in the market, but it is expected that huge demands by traders on the platform will cancel out the excess tokens being produced.
The Token works in such a way that users are encourage to acquire enough DGTX tokens to cover their potential losses on the Digitex Futures Exchange when having the prospective need to either buy or sell futures contracts.
The production of the DGTX tokens will be halted for a period of two years after the Digitexplatform launch to allow the revenues gotten from the DGTX ICO to take care of the running costs of the platform. This ensures that the inflation of the first token generation is avoided leaving traders sharp and ready to get more tokens by the virtue of being in possession of lesser amount of tokens at launch.
The DGTX token owners can purchase Futures contracts in three phased trading ventures; ETH/USD, BTC/USD and LTC/USD eliminating transaction fees along the way.

Digitex Risk Elimination Strategy Using DGTX Tokens

Through the possession of the DGTX tokens, traders of the exchange platform can effectively protect their digital assets against the apparent volatility that comes with digital currency prices. It is expected that with the DGTX token, he can be able to lock in at a particular price using the DGTX peg system that allows him to sale his digital assets at that price using the Futures contract whenever he wants. The peg system comes at a disadvantage that if the price flow leads to an increase, the trader will sell at a loss due to his lower price contract agreement.

Decentralized Trustless Futures Trading

One added attractive feature of the Digitex platform is the use of the smart contracts that has eliminated the need of third parties for determination of trust like in centralized exchange platforms. Thus, with the Ethereum smart contracts, transactions can be executed in an effective and trustless manner of operation. But the fact still remains that the centralized model still have features that the decentralized model are yet to meet up with. The matching engines of the centralized platforms gives them sleek features like fastness of operation that are undertaken in real time, complete privacy as demanded by users from their servers and finally the margin lending protocol that is missing in most decentralized exchanges. The question now remains as to which one investors and traders can use considering their different limitations. The Digitex platform thinks otherwise.

Combine Forces of Centralized and Decentralized Models to Get a Hybrid

To achieve the ultimate process of exchange operation without any loopholes, the Digitex platform fuses the fastness and robust nature of the centralized system with the trustless and self executing nature of the decentralized system to develop a model that helps traders to manage their profits and their losses without interfering in whatever decisions they take. This projects privacy and creates happy investors on the Digitex Futures Exchange.
The Digitex Decentralized Governance By Blockchain (DGBN)
In as much as the whole Digitex ecosystem works on eliminating transaction fees through production of more of their DGTX tokens, the decisions as to how many tokens to be produced is not a unilateral decision. It is a decentralized platform after all with no leader but only peers that take decisions amongst themselves. The Token production count is decided through a fair voting process involving all DGTX owners and written in coded smart contracts and powered by the blockchain. Nevertheless, the DGTX traders who takes these votes are quizzed on frugality in production of more tokens to ensure that the longevity of the platform is taken into account and enforced. The voting process is usually a long process which invites active was from all traders involved with the DGTX tokens.

Benefits of The Digitex Futures Exchange

Zero Fees

Without worrying about how much extra he is going to pay to push through an exchange deal, a trader channel his focus into making lots of profits on the Digitex platform.

Dentralized Ethereum Based Accounts

All accounts of the traders of the platform can actually store their digital portfolios in their separate Ethereum accounts since the DGTX token operates on smart contract. This will assure them that their access private key and the custody of their trading accounts is not under Digitex jurisdictions.

The Democratic Governance With A Decentralized Model Blockchain

The benefits of the platform is hinged on sorting out operational costs from trading on the Futures Exchanges by producing more DGTX tokens but this can lead to inflation of the tokens. The Blockchain based Governance of the system is meant to bring suitable decisions to prevent such inflationary outcome from happening.

Privacy

The users of the Digitex platform enjoys complete privacy from even the network itself. The private keys to the tokens are at the discretion of the users.

Profit Generation is Magnanimous

With the DGTX tokens taking care of the operational costs of the platforms, the traders of the Digitex are mainly occupied with getting more profits from trading digital assets.

User Friendly Interface

This allows users both technically savvy and the non technically savvy to properly access the platform easily with few clicks on the platform.

Use Case of Digitex

Paul have always fancied himself as a Futures digital assets trader with a difference. He designed a model where he buys and sells Bitcoin through the help of escrow service agents. But Paul has always been running into issues of profits because of the volatile price of Bitcoin which fluctuates between $10,000 - $6,400 in the past two months. Paul has already suffered loss twice because of the huge difference in Bitcoin price after a period of time. This was almost threatening Paul into closing his business until a friend introduced him to Digitex and he told Paul that they take no transaction or commission fees for their transactions with an added incentive that Paul can as well peg his Bitcoin prices using the DGTX peg system for a Digitex Futures Exchange contract. The tick price of the contract was set at $10 to manage the loss or profit that might be incurred at the Delivery Date of the contract. With this method, Paul is effectively insured against any price volatility and stands to gain a lot of the price at the delivery date is in profits. The Digitex platform saves Paul from an embarrassing digital exchange business stagnation.

THE Digitex TEAM

Digitex Roadmap

DGTX Token Distribution

CONCLUSION

The future of the cryptocurrency economy lies at the hands of its decentralized exchanges. Most of them are I'll equipped to meet up with the qualities that made fiat based exchanges the stronghold of their currency flow. The thoughts that an investor harbors the most is how to make the best of what he has in his possession regardless of the market situation. Most DEX are yet to come to terms with the fact that as long as the volatility and latency of digital currency remains, their users are going to run into huge losses from trying to solve these problems. This is why the Digitex solution is one to look out for in the modern digital trading market. The need to make more profits is what drives a true investor, and with Digitex, I have no doubt in my mind that the best of Futures Exchange is here to stay.

For More Information And Details, visit

• Digitex Website
• Digitex Whitepaper
• Digitex Blog
• Digitex Telegram
• Digitex Reddit
• Digitex Facebook
• Digitex Twitter
• Digitex YouTube

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