The Digitex Futures (DGTX) Exchange is making some serious efforts to bring cryptocurrency futures to a larger mass of traders. The platform plans to go live by Q4 2018, allowing seamless trading of Bitcoin, Ethereum and Litecoin futures.
However, CryptoBlockWire reported that the futures trading on Digitex will happen through the exchange’s native DGTX tokens. Moreover, its zero-fee commission model is a very attractive proposal for crypto enthusiasts.
Some of the brilliant minds in futures trading, programming, and marketing are working behind the development of the Digitex platform.
The popularity of DGTX tokens keeps growing, and so do their value. The demand for the DGTX Futures token has grown rapidly in the last few months.
If we look at the 3 month chart on CoinMarketCap, the price of DGTX Futures has been on a steep rise since mid-August. Its price has shot up by more than 200% since then, despite being available on only two small exchanges.
This has helped DGTX cement its position among the top 100 in cryptocurrency market cap. Currently, it is trading at the price of $0.138.
Due to its recent, unprecedented progress, the demand for DGTX has soared. In an official announcement, Digitex noted that popular cryptocurrency exchange HitBTC is planning to list the tokens on its platform.
Digitex plans to list its tokens on the popular HitBTC exchange by the end of this month, before the Malta blockchain summit. HitBTC is currently among the top-five crypto exchanges based on daily trading volumes. Thus, listing DGTX on HitBTC is quite a smart and strategic move by Digitex.
With thousands of traders present on HitBTC, the liquidity of DGTX tokens will sail to a new high. This, in turn, can further take the DGTX Futures price to new highs.
HitBTC will help introduce DGTX tokens to a whole new demographic as a majority of its volume currently comes from Asia, Russia, and South America.
Since 2013, HitBTC has been providing trading for new and popular tokens on its platform. Today, it has more than 300 cryptocurrencies listed in total. It provides its customers with fast, efficient, secure, and reliable trading solutions.
The platform has earned a positive reputation for its unique features like high-availability, fault-tolerance, and flawless uptime. HitBTC’s core engine matching is one of its best features. It offers traders a wide range of features like cutting-edge order matching and real-time clearing algorithms.
This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.
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