Initiation
There have been tremendous cryptocurrency exchanges, both the centralized and the decentralized exchanges. Centralized exchanges are the most used and common exchanges with high trading fees and minimal security. In this era of 21st century, information world where things change faster with the speed of light, technologies available in the past five years were not found in the past centuries prior to the five years.
What I'm trying to infer is that, there are always better services as we evolve, don't be terrified when you see a bunch of cryptocurrency exchanges, one is always better than the other. Lots of breaches have been made to mostly centralized exchanges which incurred million of dollars stolen, part of the reasons why decentralized exchanges are better, even though it's compromised, only the account that is compromised can suffer a loss rather than all accounts, we saw this when Bancor a decentralized exchange built on Etherium blockchain was compromised.
[Image Source: Digitex.]
Digitex decentralized exchange
Digitex is a hybrid exchange that uses non-centralized state channel built on Etherium blockchain called Plasma. The digitex ecosystem is fueled by its own native token with symbol DGTX; an ERC-223 based token that is already listed in Coinmarketcap available for purchase on various Exchanges, users could grasp a great benefit for holding DGTX token. Digitex offers its investors free trading commission i.e zero fee trading founded by Adam Todd.
Feeless tradings
Popular exchanges such as Bitmex, Bittrex, Bitfinex, Poloniex all charge transaction fees ranging from 0.075% to 0.26% per successful trade. This gives traders low profits as their profits are curtailed from the cumbersome transaction fees. Digitex gives users maximum profits and freedom of trading than any other exchange by taking not a penny from traders earnings, the token minting makes it possible to run the exchange without charging fees.
From Bloomberg survey, it shows that exchanges are making over 3M USD daily and these fees are being extracted from traders.
How is that possible?
As it is said that Digitex does not charge its users any fee, DGTX is the token that runs the ecosystem which means users must purchase DGTX token prior to trading.
Scalability
One of the major issues with Etherium blockchain is scalability. Since Digitex is built on Etherium, you may be wondering how this platform is going to survive huge workloads. The wise team of Digitex knew that and solved the problem by providing their own centralized server, the platform mixes blockchain with a centralized system to provide limitless trading with more efficiency.
From Digitex official;
Scalability is an issue with Ethereum, but our order-matching engine sits on a centralized server, not on the blockchain. We’re pretty confident that we can have hundreds of thousands of users and they’ll be getting almost instantaneous responses.
ICO
Digitex had a successful ICO; Digitex raised over 5M USD out of 7M USD hardcap. Digitex has over 39K Twitter followers with Alexa ranking of 150K. Digitex ICO Price was 0.015 USD and the present price on CMC is $0.03492 which gives the investors a profit of 2.33x.
ICO Profit = 2.33x => Sept 24
Features and Benefits of Digitex
- Decentralized Governance.
- Decentralized Account Balances.
- Zero Fee Trading.
- Maximum Security.
- Solved Scalability Issues.
- Combination of both Centralized and Decentralized Technology (Hybrid Exchange).
- No transaction, maker, taker, deposit, or withdrawal fees.
- Maximum Profit for traders.
- Rapid transaction and settlement times.
- Intuitive ladder interface.
- One Click Ladder Trading Interface.
Join the awesome Exchnage
Digitex has over 100K sign-ups on the waiting list, so amazing! thus, to see how people are anticipating for the launching of the fantastic exchange 💱.
Join the waitlist, refer people to join the platform with your referral link to earn free DGTX token.
Click here to join the waiting list and get early access. Don't be left out!
Conclusion
Digitex combines both centralized and decentralized technology on its exchange which makes it immutable and not susceptible to hacking. Digitex is zero fee trading exchange platform that gives traders higher profits than any other exchange with other features provided; one-click trading interface, liquid futures markets, automated market makers, high-leverage trading solutions and lots more. As a trader, I implore you to join this great exchange, trade for free, get maximum profits than any other exchange and make your portfolio more safer.
Disclaimer
The information contained in this post shall not be taken as financial advice. I am not a finiancial advisor and none of your investments should be carried out based on the information presented here. You can lose all your money by investing. The following information is for educational and entertainment purposes only.Digitex Official Web Links
- Website🌎
- Twitter👥
- Facebook👥
- Telegram👥
- Reddit👥
- Project Whitepaper📚
- Airdrops/Bounty Campaigns💰
- Press Release🎉
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