Digitex Futures DGTX to Sumokoin SUMO Exchange

Crypto Pair Details: DGTX to SUMO

Digitex Futures DGTX

Digitex Futures is a commission-free cryptocurrency futures exchange with a rapid-fire one-click trading ladder and high leverage. Traders can buy and sell perpetual swap futures contracts on Bitcoin against the US Dollar and pay no transaction fees on any trades. The company will be adding extra markets such as Ethereum and Litecoin soon after the mainnet launch on April 27. Commission-free trading is made possible by using its own cryptocurrency, called the DGTX token, as the native currency of the futures exchange. Instead of covering costs by charging transaction fees on trades, Digitex meets the operational costs of running the futures exchange by creating and selling a small number of new DGTX tokens each year.

Sumokoin SUMO

Sumokoin (スモコイン in Japanese) is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by (1) moving forward right away to Ring Confidential Transactions (RingCT), (2) setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks.

SOURCE: COINGECKO

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