First Global Exchange - KuBitX Platform

Cryptocurrency has become or is slowly becoming part of our daily lives, and we need the best exchange we could have to make sure our funds to be as safe as possible.

WHAT IS THE CONCEPT?

We aim to offer a one-stop platform for our users. Many countries and citizens have been left behind in this new revolution called blockchain we will connect those dots and offer an excellent service using the top global organisations best practice.

Every exchange needs to be secured as possible because cryptocurrency hackers are doing their best to get our hard earned funds, and also, exchange needs to be as secured as possible to defend our hard earned funds.

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, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers. We aim to achieve this by developing a robust trade engine, providing regular banking services through our Financial Service Providers and initiating an Ambassador program to spread awareness and adoption.

KuBitX being a new entrant in the market has taken into account the unique selling points of the big 5 above and has ideated and improved on the following aspects of the exchange ecosystem:

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.

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, we aim to offer 24hr online customer support to be at the service of our 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.

Ease of use – Not only we are working hard to develop a user-friendly web interface for our users, our 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.

Multi-Lingual – Being global in our outlook, we aim to offer our services in 5 languages to enable a large set of users to get benefits out of our services thus removing the barrier of language which often hinders the integration of people on a web platform.

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 fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.

Trading fee = 0.05%

Trading fee using KBX token= 0.0375%

MINIMIZED RISK

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.

TOKEN METRICS;

Token Name => Kubitcoin (KBX)

Token Type => ERC-20

Total Supply => 500,000,000

Price => 1 ETH = 8,909.09 KuBitcoin(KBX)

Currencies Accepted => ETH

Soft Cap => 10,000 ETH

Hard Cap => 25,000 ETH

Pre-Public Round Bonus => 20%

Public Round Bonus => 10%

Unsold Tokens => All Burned

15% of team tokens will be released after three months from the end of public round of TGE, 85% of team tokens will be locked for 2 years after which there will be gradual release of the tokens over a period of another 2 years.

To know more about the KuBitX Platform,

You can visit the following;

Website - https://www.kubitx.io/

Whitepaper - https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

Twitter - https://twitter.com/kubitx

Facebook - https://www.facebook.com/kubitx/

Medium - https://www.facebook.com/kubitx/

Reddit - https://www.reddit.com/r/KubitX/

Telegram - https://t.me/kubitx_official

Written by;

Bitcointalk Profile - i7claufe

Bitcointalk Profile URL - https://bitcointalk.org/index.php?action=profile;u=1719874

ETH Address - 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0