KuBitX - The first truly global exchange

in #ico6 years ago (edited)

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Today, the cryptocurrency market is in decline. We are currently in the third and worst bear cycle in the history of cryptocurrency. But do not lose heart and do not despair. This market will not burst and will not disappear anywhere. Do not listen to those who say that all this is a bubble or HYIP. It's only the beginning. The overwhelming majority of analysts and experts agree with this. They understand that the future is precisely the blockchain technology, that the cryptocurrency has entered our lives for a long time and over time its status will only be strengthened with the widespread introduction into the real sectors of the economy and the recognition of whole states as its legal means of payment.

Therefore, the creators and developers of the blockchain projects are not sitting idly by, but are creating new technologies that are aimed at improving the lives of people around the globe. A striking example of such work is the KuBitX platform solution, the developers of which conducted a painstaking analysis of all cryptocurrency exchanges that exist today and created their own advanced exchange. After analyzing user reviews, they took into account all the shortcomings of the exchanges and revealed their weaknesses. All this was the reason for the creation of a national trade cryptocurrency platform with the lowest commissions, a simple user interface and a number of unique modifications.

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The KuBitX team is made up of very talented and experienced professionals with significant experience in Fortune 500 companies and Big Four consulting firms. Having gained substantial understanding and expertise in the relevant areas, it became natural for them to work on the development of the emerging markets to which they actually belong. The team possesses the paramount quality not only to constantly motivate each other but also to complement each other's work. Thus, the friendly attitude of the team led to the overcoming of all the obstacles that they had encountered so far.

The idea of ​​creating a new cryptocurrency exchange arose when the founders revealed a number of significant shortcomings in the existing ecosystem of cryptocurrency exchanges. The creators of the exchange were firmly convinced that the cryptocurrency exchange ecosystem can offer more.

KuBitX, being a new market participant, took into account the unique business arguments of the 5 most sought-after exchanges, developed and improved the following aspects of the exchange's ecosystem:
  • Processing speed - the main exchanges have an average processing speed of 1.4 million transactions per second. KuBitX will start at a speed of 12 million transactions and more per second in order to upgrade to even higher ones. This can be achieved using Golang with an extended design architecture.
  • Deposit and withdrawal of fiat funds - although cryptocurrencies are formed as a way to exchange and store value, fiat currencies still dominate as a medium of exchange. Thus, KuBitX, thanks to expanded partnerships with payment service providers, will facilitate users to deposit and withdraw fiat funds.
  • Customer support - KuBitX is built, keeping the community and users in the center. Thus, KuBitX strives to provide 24-hour online customer support in order to be constantly at the service of their users. A customer support center will be created using the team’s main channel to support individual customer interaction. KuBitX also plans to allocate substantial funds to increase support for its customers.
  • Ease of use - KuBitX makes every effort to develop a user-friendly web interface for our users, the KuBitX training platform will provide seamless integration of the user into the functionality and general structure of the exchange. The training will consist of primary, secondary and vocational levels, which will allow the participation of a wide range of users.
  • Multilingual - being global, KuBitX strives to provide services in 5 languages ​​in order to allow more users to benefit from their service, thereby removing the language barrier that often prevents people from integrating on the web platform.
Given the degree of implementation and the usefulness of mobile platforms in KuBitX, it also prepares a trading application for mobile platforms compatible with both Android and IOS.

KuBitX Token

KBX is a KuBitX platform's own token, performing all activities and supporting all the mechanisms of the platform's ecosystem. KBX is a marker of the ERC-20 protocol and can be used to pay trading fees on the platform. Thanks to their expanded partnerships with payment service providers, they can help users with fixed deposits and withdrawals.

The KBX token can be stored on its own platform as well as other wallets compatible with ERC-20. Total KuBitX will release 500,000,000 KBX, this number will be fixed. The team plans to distribute 36% of all tokens by means of preliminary public sale and 16% in the main round.

Token distribution and distribution after ICO:

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Conclusion

Summing up, I want to say that the project adheres to humane goals and not without the possibility of making good money on their implementation. KuBitX, attracting developing regions to trade processes, will significantly expand the capitalization of the cryptocurrency market. A high transaction rate and safe storage of funds will be a catalyst in the enterprise. The team of KuBitX is made up of highly qualified professionals and advisers with big names, so you can not worry about the project.

I think this project is worth investing a certain part of the portfolio because KBX will be subject to low correlation to the main coins. And the growth of the coin will be provided by the trading volume on the exchange.


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BTT Username: vital002
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