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Digitex Token (DGTX)
Digitex Token Conversion Calculator
Digitex Token To USD
What is Digitex Token?
Launched in 2017 as a commission-free cryptocurrency futures exchange market, Digitex allows rapid one-click trading. On the Digitex platform, users can buy and sell futures contracts of Bitcoin, Ethereum, and Litecoin with no transaction feed. The Digitex Futures exchange utilizes peer-to-peer Ethereum-based blockchain technology, with three specific markets: Bitcoin, Ethereum, and Litecoin.
The Digitex token enables commission-free trading on the cryptocurrency futures exchange market and covers its operations costs by selling a small amount of new DGTX tokens every year. However, after raising $5 million on the initial coin offering, no new tokens were released for two years.
Beginning in 2021, the amount of new Digitex tokens released each year will be decided by the collective of its token stakeholders. Digitex is an ERC-233 token, distinguished from more commonly known ERC-20 tokens by its improved standard of security, while still operating on the Ethereum blockchain.
The Digitex Futures Exchange operates on an intuitive ladder trading interface. The trading ladder shows bids and offers that are moving up and down on a central price column. This allows traders to bid on tiny price movements with fast, one-click trade submissions with zero trading fees. Digitex does not hold traders’ account balances. Instead, trader accounts are held by decentralized, independent, smart contracts on the Ethereum blockchain. This protects traders and Digitex from mismanaging or losing funds and prevents funds from being hacked.
All profits and losses from the futures contracts are settled in DGTX tokens. And the exchange offers high leverage so that traders can receive higher gains or losses from small price movements.
Digitex Token Market Price Ticker Chart
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Digitex Token Frequenty Asked Questions
Where does Digitex Token (DGTX) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Digitex Token currently ranks in position 904 out of the top 1000 cryptocurrencies. Another important factor in popularity is Digitex Token‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Digitex Token has a market cap of $ 5,636,817, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 957,039,293,283, Litecoin at $ 12,396,851,943, Ethereum at $ 189,731,831,563, Tether at $ 35,214,343,406, and XRP at $ 22,916,441,714.
What is the price of Digitex Token (DGTX) today (updated in realtime)?
The current price of Digitex Token is $ 0.006590 in USD. (The price in Euros is 0,005437 €; and the price in Bitcoin is Ƀ 0.00000000 BTC.)
How has Digitex Token (DGTX) performed recently?
Digitex Token‘s price has decreased in the last 24 hours by -8.50%. The change in price over the last seven days was -20.34%. The trading volume over the last 24 hours was $ 5,683,995. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Digitex Token‘s (DGTX) market supply?
The total circulating (available) supply of Digitex Token is 853,250,000 DGTX. The total supply of Digitex Token is 1,000,000,000 DGTX.
What is the 24 hour volume for Digitex Token (DGTX)?
The 24 hour volume of Digitex Token is $ 5,683,995.
What is Digitex Token (DGTX) official website?
Digitex Token‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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