<center><img alt="" src="http://res.cloudinary.com/oracle-d/image/upload/v1538685655/qrnewogdfqtsb7ywqemz.png" >[image credit](digitexfutures.com)</center> Good evening friends, this is meemee and it's a pleasure to bring you more and more goodies from DIGITEX FUTURES EXCHANGE. Trading cryptos and other digital assets with large Charges attached to it can be very annoying. With DIGITEX all your fears about trading large volume of Digital financial assets with the large sum of charges glued to it, is over. This is so because Digitex is offering her traders zero commission on futures trading. So friends I will urge you to participate in this opportunity, all you need to do is the sign-up to join the waiting list, simply visit digitexfutures.com. There are so many goodies for you on the platform, take out time to participate in the Digitex referral program, which is ongoing. Refer your family and friends and associates to earn cool DGTX airdrops.  It might interest you to know that 5% of the 1billion total DGTX tokens in circulation, goes out for referrals, the accumulated airdrops acquired during the campaign will be converted into the actual token for usage or trading. The DGTX token is the major tool for trading futures on the platform; with DGTX tokens you can access the NO COMMISSION package by Digitex Futures Exchange. Today we shall be taking a look at DGTX peg system and how it affects trading system. <div><h3>DGTX PEG SYSTEM</h3></div> Due to the volatility of the crypto and digital assets market, traders’ fear of missing huge money heightens. As a result of this, traders take the opportunity of utilizing the short term profit, because of the fear that there might be a hike in price in the future. This is why most traders will be thankful for the valuable nature of the token, because the token is reliable in reducing the risk of loss.  Ok guys for a better understanding; let's take this example from the white paper of Digitex Futures. An owner of 10 Bitcoin assumes that the price of Bitcoin might drop in the nearest future, so in order for the trader to protect himself against financial loss, he decides to sell Bitcoin futures on Digitex Exchange. If his assumptions are right he won't incur loses because of the price pegged as well as the futures holdings on Digitex. But for him to be successful with this trade he has to have in his possession DGTX token which he will leverage on as a margin. Price risk as a result of high volatility is totally eliminated because of the DGTX price pegging. DGTX price peg enables traders that own the DGTX token to transact and trade based on the current market price. Like in the example given, a trader who owns DGTX tokens, and decides to use the price peg system to trade at current price, is sure to sell the DGTX token he has at that price he bought whenever he pleases. But the advantage if this peg system is when the trader perceives a drop in price of his assets, the price peg system helps him lock prices at the current rate, but if there is a hike in price in the future, the trader will lose because he has pegged his price at lower rate. Furthermore, the DGTX peg system requires that, a trader deposits a payment on the Asset or digital currency he wants to peg the DGTX value, currency he wishes to reduce the risk of losing on a trade, due to the assume hike in price. Lastly, Digitex has ensured that traders that choose to eliminate their DGTX price peg do it without any inconvenience, and struggle, No commission fee added also.  <div><h3>TRUSTLESS TRADING EXPERIENCE</h3></div> This is one other unique thing about Digitex Futures that I would like to talk about before I close on this conversation is the use of unique smart contracts and decentralized wallets in such a way that give Digitex Futures or any centralized third-parties control over users’ funds. The implication is that funds are safe and can’t be manipulated as the role of Digitex is reduced to that of getting price feeds (balances) for traders from the Ethereum blockchain. In other words, Digitex can’t freeze, change, and delete user’s balance.  Talking about this further we can also see the advantage security-wise. One common thing with centralized exchanges is massive loss of funds once the system is breached or compromised. But with Digitex decentralized wallet model, none of such can happen. Digitex doesn’t even know the private keys of the users. So if their central server was compromised there will be no user data in it to enable intruders steal funds from user’s wallets. This is not to say that accounts can’t be compromised, but the point is that if that would have to occur only the compromised account will suffer the loss and not the whole system. This is one beauty of having a decentralized and independent wallet for all traders which is what Digitex has running. The dual information in this post is saying on one hand; that the trader would risk less and lose less funds because of the DGTX peg system, while on the other hand, it suggests that funds are safeguarded by unique smart contracts on the Ethereum blockchain. With this, I hope you have more reasons to bank on Digitex futures exchange as an answer to most of the flaws with the conventional trading platforms.  Digitex Futures Exchange is a game changer for trading systems, there are more features of DIGITEX FUTURES, I will do my best to keep updating you on these features as time goes on. Don't forget to participate in the referral program which is ongoing. I am @meemee and it has been a great pleasure.  <center><h3>FOR MORE DETAILS ON DIGITEX FUTURES YOU MAY REFER TO THE FOLLOWING SOURCES;</h3></center><center><h4>Website: [http://www.digitexfutures.com](http://www.digitexfutures.com/)</h4></center><center><h4>Project Whitepaper: [https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf](https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf)</h4></center><center><h4>Airdrops/Bounty Campaigns [http://digitexfutures.com/get-early-access](http://digitexfutures.com/get-early-access)</h4></center><center><h4>Press Release: [https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/](https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/)</h4></center><center><h4>Twitter: [@digitexfutures](https://twitter.com/search?q=%40digitexfutures&src=typd)</h4></center><center><h4>Facebook: [@digitexfutures](https://www.facebook.com/DigitexFutures/)</h4></center><center><h4>Telegram [https://t.me/digitexfutureschat](https://t.me/digitexfutureschat)</h4></center><center><h4>Reddit [https://www.reddit.com/r/DigitexFutures/](https://www.reddit.com/r/DigitexFutures/)</h4></center><center><h4>Sources; Digitex Futures WhitePaper</h4></center>
| author | meemee | ||||||
|---|---|---|---|---|---|---|---|
| permlink | ktxjxwa-digitex-futures-two-reasons-why-i-find-this-zero-fee-futures-exchange-very-safe-and-promising | ||||||
| category | digitex | ||||||
| json_metadata | "{"tags":["digitex","futures","zerofees","bitcoin"],"format":"markdown","raw_html":"<figure class=\"image\"><img src=\"http://res.cloudinary.com/oracle-d/image/upload/v1538685655/qrnewogdfqtsb7ywqemz.png\" /></figure><p> </p><p>Good evening friends, this is meemee and it's a pleasure to bring you more and more goodies from DIGITEX FUTURES EXCHANGE. Trading cryptos and other digital assets with large Charges attached to it can be very annoying.</p><p> </p><p>With DIGITEX all your fears about trading large volume of Digital financial assets with the large sum of charges glued to it, is over. This is so because Digitex is offering her traders zero commission on futures trading. So friends I will urge you to participate in this opportunity, all you need to do is the sign-up to join the waiting team, simply visit digitexfutures.com. There are so many goodies for you on the platform, take out time to participate in the Digitex referral program, which is ongoing. Refer your family and friends and associates to earn cool DGTX airdrops.</p><p> </p><p>It might interest you to know that 5% of the 1billion total DGTX tokens in circulation, goes out for referrals, the accumulated airdrops acquired during the campaign will be converted into the actual token for usage or trading. The DGTX token is the major tool for trading futures on the platform; with DGTX tokens you can access the NO COMMISSION package by Digitex Futures Exchange. Today we shall be taking a look at DGTX peg system and how it affects trading system.</p><p> </p><p> </p><h3>DGTX PEG SYSTEM</h3><p> </p><p>Due to the volatility of the crypto and digital assets market, traders’ fear of missing huge money heightens. As a result of this, traders take the opportunity of utilizing the short term profit, because of the fear that there might be a hike in price in the future. This is why most traders will be thankful for the valuable nature of the token, because the token is reliable in reducing the risk of loss.</p><p> </p><p>Ok guys for a better understanding; let's take this example from the white paper of Digitex Futures. An owner of 10 Bitcoin assumes that the price of Bitcoin might drop in the nearest future, so in other for him to protect himself against financial loss, he decides to sell Bitcoin futures on Digitex Exchange. If his assumptions are right he won't incur loses because of the price pegged as well as the futures holdings on Digitex. But for him to be successful with this trade he has to have in his possession DGTX token which he will leverage on as a margin.</p><p> </p><p>Price risk as a result of high volatility is total eliminated because of the DGTX price pegging. DGTX price peg enables traders that own the DGTX token to transact and trade based on the current market price. Like in the example given, a trader who owns DGTX tokens, and decides to use the price peg system to trade at current price, is sure to sale the DGTX token he has at that price he bought whenever he pleases. But the advantage if this peg system is when the trader perceives a drop in price of his assets, the price peg system helps him lock prices at the current rate, but if there is a hike in price in the future, he trader will lose because he has pegged his price at lower rate.</p><p> </p><p>Furthermore, the DGTX peg system requires that, a trader deposits a payment on the Asset or digital currency he wants to peg the DGTX value, currency he wishes to reduce the risk of losing on a trade, due to the assume hike in price. Lastly, Digitex has ensured that traders that choose to eliminate their DGTX price peg do it without any inconvenience, and struggle, No commission fee added also.</p><p> </p><h3>TRUSTLESS TRADING EXPERIENCE</h3><p>This is one other unique thing about Digitex Futures that I would like to talk about before I close on this conversation is the use of unique smart contracts and decentralized wallets in such a way that give Digitex Futures or any centralized third-parties control over users’ funds. The implication is that funds are safe and can’t be manipulated as the role of Digitex is reduced to that of getting price feeds (balances) for traders from the Ethereum blockchain. In other words, Digitex can’t freeze, change, and delete user’s balance. Talking about this further we can also see the advantage security-wise. One common thing with centralized exchanges is massive loss of funds once the system is breached or compromised. But with Digitex decentralized wallet model, none of such can happen. Digitex doesn’t even know the private keys of the users. So if their central server was compromised there will be no user data in it to enable intruders steal funds from user’s wallets. This is not to say that accounts can’t be compromised, but the point is that if that would have to occur only the compromised account will suffer the loss and not the whole system. This is one beauty of having a decentralized and independent wallet for all traders which is what Digitex has running.</p><p> </p><p>The dual information in this post is saying on one hand; that the trader would risk less and lose less funds because of the DGTX peg system, while on the other hand, it suggests that funds are safeguarded by unique smart contracts on the Ethereum blockchain. With this, I hope you have more reasons to bank on Digitex futures exchange as an answer to most of the flaws with the conventional trading platforms.</p><p>Digitex Futures Exchange is a game changer for trading systems, there are more features of DIGITEX FUTURES, I will do my best to keep updating you on these features as time goes on. Don't forget to participate in the referral program which is ongoing. I am @meemee and it has been a great pleasure.</p><p> </p><h3 style=\"text-align:center;\">FOR MORE DETAILS ON DIGITEX FUTURES YOU MAY REFER TO THE FOLLOWING SOURCES;</h3><h4 style=\"text-align:center;\">Website: <a href=\"http://www.digitexfutures.com/\">http://www.digitexfutures.com</a></h4><h4 style=\"text-align:center;\">Project Whitepaper: <a href=\"https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf\">https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf</a></h4><h4 style=\"text-align:center;\">Airdrops/Bounty Campaigns <a href=\"http://digitexfutures.com/get-early-access\">http://digitexfutures.com/get-early-access</a></h4><h4 style=\"text-align:center;\">Press Release: <a href=\"https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/\">https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/</a></h4><h4 style=\"text-align:center;\">Twitter: <a href=\"https://twitter.com/search?q=%40digitexfutures&src=typd\">@digitexfutures</a></h4><h4 style=\"text-align:center;\">Facebook: <a href=\"https://www.facebook.com/DigitexFutures/\">@digitexfutures</a></h4><h4 style=\"text-align:center;\">Telegram <a href=\"https://t.me/digitexfutureschat\">https://t.me/digitexfutureschat</a></h4><h4 style=\"text-align:center;\">Reddit <a href=\"https://www.reddit.com/r/DigitexFutures/\">https://www.reddit.com/r/DigitexFutures/</a></h4><h4 style=\"text-align:center;\">Sources;<br />Digitex Futures WhitePaper</h4>","app":"steemit/0.1","extras":{},"users":["meemee"],"image":["http://res.cloudinary.com/oracle-d/image/upload/v1538685655/qrnewogdfqtsb7ywqemz.png","https://cdn.steemitimages.com/DQmWu97Gr3deTX8F7xHNeabaKEsRT6e1Asqx44GaUQwihJf/DIGITEX%20LOGO%20.png"],"links":["digitexfutures.com","http://www.digitexfutures.com/","https://www.digitexfutures.com/whitepaper/Digitex-Whitepaper.v.1.1.pdf","http://digitexfutures.com/get-early-access","https://blog.digitexfutures.com/digitex-futures/digitex-to-present-keynote-demo-futures-exchange-at-malta-blockchain-summit/","https://twitter.com/search?q=%40digitexfutures&src=typd","https://www.facebook.com/DigitexFutures/","https://t.me/digitexfutureschat","https://www.reddit.com/r/DigitexFutures/"]}" | ||||||
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shared on steemit;  https://steemit.com/@meemee/comments  https://steemit.com/@meemee/comments
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|---|---|
| permlink | re-meemee-ktxjxwa-digitex-futures-two-reasons-why-i-find-this-zero-fee-futures-exchange-very-safe-and-promising-20181004t205146228z |
| category | digitex |
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| created | 2018-10-04 20:52:00 |
| last_update | 2018-10-04 20:52:00 |
| depth | 1 |
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| root_title | "Digitex Futures - Two reasons why I find this zero fee futures exchange very safe and promising" |
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| max_accepted_payout | 1,000,000.000 HBD |
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shared directly on social media;  https://twitter.com/MiracleMercy2/status/1047938835647221763  https://twitter.com/MiracleMercy2/status/1047941778601639937
| author | meemee |
|---|---|
| permlink | re-meemee-ktxjxwa-digitex-futures-two-reasons-why-i-find-this-zero-fee-futures-exchange-very-safe-and-promising-20181004t205537236z |
| category | digitex |
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shared on other social media;  https://web.facebook.com/miracle.ejimofor.71  https://twitter.com/MiracleMercy2/status/1047953998374993925  https://plus.google.com/101595245780795359107/posts/Y3eWH1V1762  https://www.linkedin.com/feed/update/urn:li:activity:6453720606939574272  https://www.reddit.com/r/Bitcoin/comments/9lg2aw/digitex_futures_exchangedgtx_price_pegging/
| author | meemee |
|---|---|
| permlink | re-meemee-ktxjxwa-digitex-futures-two-reasons-why-i-find-this-zero-fee-futures-exchange-very-safe-and-promising-20181004t210909241z |
| category | digitex |
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| created | 2018-10-04 21:09:15 |
| last_update | 2018-10-04 21:24:27 |
| depth | 1 |
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hiveblocks