A BLOCKCHAIN PLATFORM FOR EDUCATING AND EMPOWERING CRYPTOCURRENCYsteemCreated with Sketch.

in #kubitx6 years ago


There are different cryptocurrency trading platform, with different features. KubitX is one of the most advanced and large trading platforms created to perform the action of SIMPLICITY and ACCESSIBILITY. Also it aims at empowering and educating people on technological revolution of blockchain and invest in cryptocurrencies.

KubitX ecosystem contains-

. kubitX trade engine
. Secure kubitX wallets
. An advanced admin dashboard for regulating the activities within the trade exchange

KubitX goal is to become one of the best cryptocurrency marketplace for buyers and sellers by developing a trade engine providing regular banking services and starting up and ambassador program to spread awareness and adoption.
The idea to create a cryptocurrency exchange platform came as a result of the issues and gaps in other exchange platforms.

Some of the issues include-

• Lack of mature ecosystem
• Friction in dealing with fiat currencies
• Lack of good customer support
• Security issues
• Lack of awareness and education among masses leading to low adoption rate

KubitX team believe the could provide solution to these issues by comprehensive planning.



KubitX has taken into account the selling points of the 5big exchanges and intend to improve their exchange in the following aspect-
• Processing speeds-
kubitX intends their transaction speed to start from 12M+ per second with an aim to upgrade while other exchanges have 1.4M transactions speed per second
• Fiat deposit and withdrawal-
KubitX with partnerships with payment services providers will assist users in fiat deposits and withdrawals.
• Customer support-
kubitX aims to offer a 24hrs online customer support. The intend to set a customer support hub using a global channel team to support customer engagement.
• Ease to use-
kubitx intend to develop a training platform which will consist of beginner, intermediate, and professional levels to allow different sections of users to participate.
• Multi-lingual-
kubitx aims to offer their services in 5 languages to enable large set of users.

KUBITX VISION

KubitX vision is focused on

Education about blockchain technology enhancing adoption by masses.
Liquidity improvement
Robust security
Financial inclusion
Economic development of the emerging markets

KUBITX BUSINESS MODEL

This consist of revenue coming from commissions on market trading and management fee. And also how the revenue and KuBitcoin(KBX) token have been integrated into the system, giving ideas to how token holders will be rewarded.

25% discount on using the kubitcoin token- KuBitcoin (KBX) tokens have the utility of acting as a method of payment for the trading fee. Plus, the users opting to use KuBitcoin (KBX) tokens as a method of payment of the trading fee will get a discount of 25% compared to the original trading charges.
Suppose user needs to buy 1 Bitcoin

Payment processing fee- kubitx will offer direct withdrawal to bank account of a user requesting requesting liquidity in fiat by enabling them exchange kubitcoin(KBX) tokens fpor fiat on the levy of a payment processing fee of 2.5%.
KUBITX EXCHANGE ARCHITECTURE

The exchange was designed to operate at low latency, high throughput, and maximum uptime. It is designed to be fault tolerant, making sure that the exchange performs an uninterrupted trading experience to users.

FEATURES-

• ADVANCED APIS AND FINANCIAL INTEGRATION
• EFFICIENCY AND PERFORMANCE
• SECURITY MEASURES
• MONITORING AND CONTROLLING

TOKENNOMICS

KubitX will issue a supply of 500,000,000 kubitcoin(KBX) tokens which are ERC-20 standard



In conclusion

KubitX is a user-friendly exchange, aimed at correcting the flaws in other cryptocurrency trading platform. It also offers more features than other exchanges. It is among the most advanced exchanges.

KUBITX TEAM

The kubitX team is made up of talented and experienced professionals with experience from fortune 500 companies and Big four consultancy firms. Their experience and expertise have helped them to overcome challenges and obstacles encountered while developing the project.

ROADMAP

WEBSITES- www.kubitx.io
TWITTER- https://twitter.com/kubitx
FACEBOOK- https://www.facebook.com/kubitx/
TELEGRAM- https://t.me/kubitx_official
ANN THREAD- https://bitcointalk.org/index.php?topic=4628365
BITCOINTALK PROFILE LINK- https://bitcointalk.org/index.php?action=profile;u=95863

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