KuBitX ICO (KBX Token): Quality Cryptocurrency Trading Exchange

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The cryptocurrency based Blockchain ecosystem has been facing some major drawbacks over the years. Most of the Blockchain ecosystems are not fully regulated and are considerably new. It is yet to be developed. The liquidity problem is a major issue. Traders and crypto asset holders often have to face difficulty in exchanging their cryptocurrencies into their native Fiat currencies.

The crypto assets are often subject to market regulations and the asset holders often lose out money due to the volatile nature of the market. The crypto market industry often fails to maintain the security standards and is subject to cyber attacks and people lose money. Moreover, the Blockchain technology is considerably a new concept and the non-seasoned players are often are reluctant to join the market due to lack of proper knowledge. Here comes the advent of KuBitX programme.

The KuBitX is designed by a group of highly proficient and experienced professionals. KuBitX is a cryptocurrency trading platform, which aims to reach the global markets as well as people from all age groups and income groups to educate them and make them aware of the technological and innovative uses of cryptocurrency. It is a robust and most advanced trading platform that uses the ideas of “simplicity” and “accessibility” to the general public.

What is Kubitx?

KuBitX is a revolutionary exchange project which is aimed at doing way more than most exchanges offer today. Already with significant bank partnerships to meet core needs in most emerging markets. The project was conceived and started in Q4 2017 with a team of all round professionals from Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS), MTN etc who have proven track records in their respective fields. The project is at 80% completion with an MVP trade engine that has capacity to do handle over 12 Million+ transactions per second with about 40 nanosecond latency. Our engine is also equipped with strong compliance architecture tools to check all non-complaint activities and thus make us the most preferred and secure exchange in the world.

The KuBitX Concept

Kubitx’s aim is to provide a one-stop platform for all its users. The developers understand that many countries and citizens around the world have been left out of the blockchain revolution. They, therefore, hope that they can be able to connect all these dots to provide a top of the line solution based on best practice already in use by global organizations.


KuBitX Cryptocurrency Trading Exchange Features

* Kubitx is led by a professional team that has worked in Fortune 500 companies, as well as some of the biggest consulting firms in the world
* All trading fees are to be paid using its token
* Its trading fees are expected to be up to eight times cheaper than those being used by other exchanges
* You can convert Kubitx token into cryptocurrencies or fiat money
* To provide a guarantee for all the client funds, 70% of the assets generated through this platform are to be stored in a cold storage wallet
*Any new coin listing process being introduced is to be assessed via the platform in a period of less than one day.

KuBitX Features:

* A secured KuBitX wallet system and a dashboard, which is very easy to use and will cater to all your needs and queries.
* Trading fees as low as 0.025% and can be paid by using the KuBitX token, which is easily convertible into any cryptocurrency as well as Fiat money.
* A 24/7 customer support system backed by a highly capable team.
* A user-friendly web interface that is very easy to use and will give proper training even to a novice about the functionality and framework of the ecosystem.
* A global network offering services in five different languages.
* Soon KuBitX is going to launch its mobile applications which can be used in both Androids and IOS.
* A highly scalable platform with new emerging features developed to improve the experience of its users.
KuBitX wants to emerge as the most diverse cryptocurrency markets of today and wants to tap all the emerging markets eliminating the demographic and geographical boundaries.

KuBitX exchange has been created not just as a trade engine but an engine for development of the emerging markets assisting in financial education, financial inclusion and Blockchain adoption by users. KuBitX plans to reach the emerging regions and educate users even with no access to Blockchain based adoption and offering multiple crypto to fiat exchange options.


KuBitX ICO details:

Ticker: KBX
Type of the token: ERC20 (Ethereum)
Decimal: 18
Algorithm: PoS
Total quantity of delivery: 500 000 000
Accepted currencies: ETH
Soft cover: 10.000 ETH
Hard cap: 25.000 ETH

Token distribution:

2% bounty and airdrop
3% consultants
16% of the audience
20% kubitx investment fund
23% founders and team development
36% before the public distribution of funds
5% of partnership
7.5% legal
12.5% of the operation
15% technology
15% marketing promotion
15 reserves 30% liquidity


Remarks:

Crypto currency exchanges have become one of the main platform in the blockchain industry to intract with coins/tokens in a simple way. Currently few platforms are available only in some of the states due to government regulations. Additionally, the growth capacity of existing exchanges has collapsed due to huge list of new users. Infact capacity of existing exchanges is not sufficient to hold the mass crypto adaptation. Platforms such as KuBitX exchange will be required to cover the increasing demand in crypto universe.

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