A commission-free, trust-less futures exchange for trading digital currency prices

 
NEW YORK - Jan. 10, 2018 - PRLog -- Who do you know who would benefit from a commission-free futures exchange that covers operational costs by minting its own native currency, the DGTX token, instead of charging transaction fees on trades. Increasing demand for DGTX tokens from traders who are attracted to commission-free futures markets will outweigh the inflationary cost of minting a small number of new tokens each year.

The exchange also replaces centralized account balances with an independent, decentralized smart contract on the Ethereum blockchain that holds all account balances. This hybrid model of a centralized matching engine coupled with decentralized account balances gives traders the speed and reliability of off chain price discovery combined with the trust-less security of on-chain account settlement.

Transaction fees are eliminated on the Digitex Futures Exchange by creating an Ethereum based token, called the DGTX token, and using it as the native currency of the exchange. All profits, losses, margin requirements and account balances are denominated in DGTX tokens, meaning that traders must own DGTX tokens to participate in the commission-free, trust-less markets on Digitex. This creates demand for DGTX tokens from traders, enabling the exchange to replace revenue generation from transaction fees by creating and selling a small number of new DGTX tokens each year.

For complete information and whitepaper visit:

http://freebitcoinmining.info/digitex.html

Contact
Bruce Goldwell
***@brucegoldwell.com
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Tags:Free Exchange, Futures Exchange
Industry:Investment
Location:New York City - New York - United States
Subject:Projects
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