KubitX - First Truly Global Exchange

laylavasted (7)in #banking • 6 years ago (edited)

The digital gold fever is a factor that has led to the consolidation of crypto exchange platforms in the last few months. Exchanges are consolidating with the aim of making it easier for their investors to take advantage of leading cryptocurrencies. Ethereum and bitcoin aside, exchanges are also looking forward to taking advantage of the tokens offered through ICOs.

Trading and investing in cryptocurrencies has over the last few years proved that it can be a very profitable venture. Currently, there exist different kinds of crypto exchange platforms providing characteristics that are traditionally associated with the main global markets.

This has in return created access for cryptocurrency enthusiasts, decentralization, emerging markets, and blockchain technology to prosper. Kubitx is a crypto exchange platform that is currently located in Malta. Its vision is to create a secure, user-friendly, and highly efficient cryptocurrency trading platform.

Its main focus is to open the door for the inclusion and adoption of cryptocurrencies into emerging markets. This will make it easier for users to trade regardless of their location. Users in remote locations will, therefore, be able to trade with ease.

What is KuBitX ?
KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed to embrace the idea of Simplicity and Accessibility, empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets and an advanced Admin dashboard for regulating the activities within the Trade Exchange. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, Their goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers. kubitex aim to achieve this by developing a robust trade engine, providing regular banking services through Their Financial Service Providers and initiating an Ambassador program to spread awareness and adoption.

KuBitX VISION AND MISSION
The ideation process behind KuBitX was undertaken keeping in mind the broader vision to educate, enable and engage people from emerging markets in the cryptocurrency ecosystem. The technological development that has taken shape since the dawn of the Internet era has been top-down, i.e., from the developed nations towards the developing nations.This has created a gap in the overall development process thus compelling people from the emerging markets following the trail of development rather than being active contributors in shaping the process. KuBitX aims to leverage the emerging technology to move forward in the vision and mission that we have,visit https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

How KuBitX Will Benefit You?

High Scalability
Our platform is highly scalable, ready to accept new features to improve our users trading experience.
Secure
We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.
Blockchain
Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.
Ecosystem
As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.
Low Fees
Our platform is bringing competitive flat trading fees which will even be cheaper and more convenient by using our tokens.
Minimized Risks
Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded on our platform.

The KuBitX ecosystem is effectively going to be one of the most comprehensive and compliant solutions for traders, partnering with the best trade engine experts having a broad industry experience. Our platform will redefine how exchanges operate and by attracting more traders via our various product offerings, we will expand the pool of participants by fostering greater market liquidity and thereby contributing to its overall growth.

KuBitX Features
The secure KuBitX wallet system and dashboard, which is very easy to use and will meet all your needs and questions.
Trading fees are as low as 0.025% and can be paid using KuBitX tokens, which are easily converted into crypto currency as well as Fiat money.

24/7 customer support system supported by a very capable team.
The user-friendly web interface is very easy to use and will provide proper training even for beginners about functionality and ecosystem frameworks.
A global network offering services in five different languages.
KuBitX will soon launch its mobile app that can be used on Android and iOS.
A highly scalable platform with emerging new features developed to enhance the user experience.

Secured Wallet
Contained within the KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and an advanced Admin dashboard for regulating the activities within the Trade Exchange.

Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS).
Third-party security line by line code audit.
Insurance of online/hot wallets.
Up to 3-Factor Authentication.
Multi-Firewall Protection.
DDoS prevention.
OWASP Top 10 Compliant.
Extended Validation SSL Certificate.

How KuBitX Different From Other Exchanges

Fiat deposit and withdrawal : Though cryptocurrencies are emerging as a means of exchange and store of value, fiat currencies still have a large share of domination as a medium of exchange. Thus, KuBitX with extended partnerships with payment services providers will assist users in fiat deposits and withdrawals.
Customer Support : KuBitX is being built keeping the community and users at the center. Thus, kubitx aim to offer 24hr online customer support to be at the service of their users consistently. A customer support hub to be set up using the Global Channel Team to support tailored customer engagement. KuBitX also plans a sizeable amount of its fund allocation towards strengthening its customer support
Processing Speeds : The above exchanges have an average processing speed of 1.4m transactions per second. KuBitX will start with transaction speeds of 12M + (million) per second with an aim to upgrade to even higher transactions per second milestones. This would be achieved by using Golang with the advanced architectural design
Ease of use : Not only kubitx are working hard to develop a user-friendly web interface for kubitx users, kubitx training platform will offer a seamless integration of the user with the overall framework of the exchange and its functionality. The training will consist of Beginner, Intermediate and Professional levels to allow a vast section of users to participate

Tokens Details
Ticker=>KBX
Token Type=>ERC20 (Ethereum)
Decimal=>18
Total Supply=>500,000,000
Currencies Accepted=>ETH
Soft Cap=>10.000 ETH
Hard Cap=>25.000 ETH
TGE Details

Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round:16 July - 31 August, 2018
Public Round: TBC
THE ROUND DETAILS

PRE-PUBLIC ROUND
MINIMUM ENTRY=>25 ETH
PRICE PER KBX=>0.0001122 ETH
BONUS=>20%
PUBLIC ROUND

MINIMUM ENTRY=>0.25 ETH
PRICE PER KBX=>TBC
BONUS=>TBC

Token Allocation And Funds Distribution