After a recent announcement that the Digitex team is about to launch their zero-fee futures trading platform, the Digitex Futures cryptocurrency which is the native token of the exchange has seen a massive leap into the positive side as it makes a new all-time high, gaining about 50% despite market turbulence.
“TGIF everyone! @CoinMarketCap ??? #ToTheMoon It’s been a tough market this week, but we thank everyone who believes & supports our mission! Zero-fee futures trading coming soon! #DGTX #Digitex #DigitexFutures #Crypto #CryptoNews #CryptoTrading #Cryptocurrency #Bitcoin #BTC,” Digitex tweeted.
Though no specific date about the anticipated exchange, the team are working on something big. This is the release of the long-awaited futures platform with a difference. The anticipated exchange is built with the interest of traders in mind, giving them the opportunity to keep all profits made of the zero-fee futures exchange. Unlike the regular cryptocurrency exchange, the Digitex Futures exchange allows traders profit from market moves.
For traders to participate in trading, they need to own the DGTC token, an Ethereum based token, which gives traders the pass to trade on the platform.
The project team, however, came clean on how the platform works as they said it’ss be partially decentralized. As described, assets will fully be in possession of traders. Nevertheless, the system will have a centralized engine which matches orders.
Why DGTX Rose In Value?
The pace at which the coin had moved in the past couple of hours has got many wondering the reason for such hype surrounding the cryptocurrency.
Aside from the platform being launched before the end of the year, those who pre-registered and do some tasks enters for a 6 million DGTC tokens airdrop.
The price of Digitex Futures (DGTX) cryptocurrency is currently at $0.15 (15 cents) at the time of writing, and also ranking 61st position as indicated by CoinMarketCap. Currently, it can be traded on Mercatox as well as Exrates exchanges.