MEET DIGITEX, A PLATFORM THAT ELIMINATES TRANSACTION FEE IN CRYTPO CONTRACTS

in #contest6 years ago

Since the evolution of cryptocurrency. Users are always charged with a specific amount of their cryptocurrency coin in doing transactions. This transaction fee varies and increases as the amount of coins to be transfer between users increases. Transaction fee is not only limited to when transferring of coins from one wallet to another is done. In converting one coin to another , transaction fee is deducted. Users have no option than to comply to this as no transaction will be processed without transaction fee. This transaction fee most times incur unbearable lost on owners. Most especially when you have to convert or change from one coin to the other before finally transfer to another wallet. This transaction fee are believed to be used in management of the blochain and the blocktrades. More to this, there had been exchanges that steal users fund with no option of solution for this investors and users.

Where there is a will, sure there is a way! Introducing Digitex future Exchange. Digitiex Future Exchange is a decentalized future exchange that offers users a transaction fee free activities. This implies users will not have to pay transaction fee to carry out exchange activities. This will be made possible by creating and sale of new currency instead of charging a transaction fee on all contracts.

More importantly users and holders of this coin are saddled with the responsibility of deciding how many Dgtx coin is created or released so as not to devalue the coin. Alternatively, digitex holders and users can delegate their respective power to a trusted entity thereby creating a well funded exchange with a low inflammatory cost.

ABOUT THE FUTURE(FEATURES):

Investopedia Definition:
"A futures contract is a legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange."

Digitex which has positioned its self to take over other exchange will grow a large number of users as the scrapping of transaction fee will help bring more users to platform. Also, for the fact that Digitex does not store users password provides users more reasons to be part of digitex. in line with the multiple amount of users, the liquidty of the coin will increase as users will be more interested in buying this coin for and helping grow the digitex economy. Users and investors are more interested in joining a free and reliable exchange rather than wasting meaningful percentage of their coin on transaction fee.

image.png

  • ZERRO TRANSFER FEE:
    Users do not need to pay transaction fee to get their contracts executed. This provides them more opportunity to make transaction without any loss which is usually incured by the transaction fee and offers them opportunity to convert and execute small contracts without fear of it hanging . due to transaction fee.

  • DECENTRALIZED ACCOUNT BALANCE:
    Users do not have to entrust digitex with their respectives passwords to execute contracts as their passwords are saved on independent etherum blockchain. Users account cannot be place on hold by the exchange and in case of hacking of the exchange, hackers have nothing to steal from the users assests.

  • HIGHLY LIQUIDFIED MARKETS
    Since the barrier of the transaction fee has been put aside. The liquidty of the platform increases as its gains more and more users everyday compared to oter exchanges where trasaction fee is a big problem battiling users investements.

  • BITCOIN,LITECOIN & ETHERUM FUTURES
    Digitex offers a three future markets which are BTC/USD, ETH/USD and LTC/USD with each future with a large thick which makes it easily displayed even in dip conditions.

THE DIGITEX TOKEN(DGTX)

The transaction fee free platform is made possible with the DGTX. Since the platform works with the DGTX, users will poccess the DGTX to be the partaker of the transaction fee free ecosystem.

Since the DGTX is very useful in this form, the coin will always be in demand by users have been assinged with the responsibilities of deciding the amount of the coins to be pumped at a particular time which is aimed at preventing
inflation of the coin and help maintain a good and standard value for the coin.

History of Operational and maintainance funds spent on the platform will be made available to every user

DIFFRENCE BETWEEN DIGITEX AND OTHER EXCHANGES

image (1).png[image source](Digitex Whitepaper)

The difference in the returns of the transaction above on other exchanges and Digitex will positively influence a traders./investors decision as where to perform their crypto contracts. The transaction fees on other exchanges becomes more unbearable for users as the same transaction carried out on other exchanges is about 400% lower than one performed on Digitex.

User have a rescue point now, Digitex will help bring more investors into the cryptocurrency world and help user eliminate loss through the elimination of transaction cost. Welcome to the World of digitex!! The world we all desire is here. Embrace it!

More Information & Resources
Digitex Website
Digitex WhitePaper
Digitex Blog
Digitex Telegram
Digitex Reddit
Digitex Facebook
Digitex Twitter
Digitex YouTube

Digitex 2018

@originalworks

Sort:  

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Hello @michaeljerry0, thank you for sharing this creative work! We just stopped by to say that you've been upvoted by the @creativecrypto magazine. The Creative Crypto is all about art on the blockchain and learning from creatives like you. Looking forward to crossing paths again soon. Steem on!