KuBitX: Cryptocurrency Exchange & Trading Platform

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

Introduction

The Blockchain Technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems.

Moving to the today's topic... Current market has a lot of problems such as lack of a mature ecosystem, friction in dealing with fiat currencies, lack of good customer support, security issues, lack of awareness and education among the masses leading to a low adoption rate, among others.

For this reason, I want to present you KubitX, a revolutionary exchange project that aims to do much more than most exchanges offer today. The idea is to provide sustainable and progressive solutions to the aforementioned problems through thorough planning and diligent work.

Definition

So, KuBitX (https://www.kubitx.io/) is a centralized cryptocurrency exchange. Build the most advanced and robust trading engines, one of the safest, fastest and most robust platforms of today. This exchange platform will not be just another commission generator, in fact all trading commissions will be paid using their token. They will provide transparent services to clients, never compromising the integrity of user data.

Goal

The main objective of KuBitX is to offer a unique platform for users. Many countries and citizens have been left behind in this new revolution called blockchain, they are going to connect these points and offer an excellent service using the best practices of the main world organizations.

Features

Image	Feature	Description
	ADVANCED PLATFORM	KuBitX is one of the most advanced and robust platforms to operate with cryptocurrency, designed in a very friendly way to allow people from all regions and backgrounds to gain a fortress of ideas that revolve around the blockchain and criptocurrency space .
	SECURED WALLETS	Within the KuBitX ecosystem are KuBitX trading engines, safe KuBitX wallets and an advanced management control panel to regulate activities within the Stock Exchange.
	FOR BUYERS AND SELLERS	Our goal is to become one of the most diverse cryptocurrency markets for buyers and sellers around the world.

Benefits

Advantage	Description
HIGH SCALABILITY	The platform is highly scalable, ready to accept new features to improve the commercial experience of our users.
INSURANCE	They have made a broad benchmarking with the current platforms, which has allowed us to take some steps forward, in addition to our security team comes from the best organizations.
BLOCKCHAIN	The token is initially based on the chain of Ethereum blocks. We plan to launch our own chain in the near future, which will be very useful in many cases, such as social problems, of public services, administrative and governance most common in developing countries.
ECOSYSTEM	As strong believers in peer-payment ecosystems, they believe that traditional financial systems will eventually be replaced in part due to the continued breakdown of trust, censorship and the growing enlightenment of the population.
LOW FEES	The quotas are the lowest in the market, it is even lower when you choose to use our native KBX token for payment of fees.
MINIMUM RISK	The portfolio of multiple firms and the cold storage strategy will minimize the exposure of our operators' funds.

Token details

The KBX token is a utility token and will primarily be used to pay the trading fees in the KuBitX platform and further use cases stated in our whitepaper will be implemented gradually.

Token Distribution	Token Allocation

Token: KBX
Platform: Ethereum
Type: ERC-20
Price in ICO: 1 KBX = 0.00011 ETH
Tokens for sale: 260,000,000

Bounty program

The project gives the opportunity to earn KuBitX (KBX) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk Webpage. Here (https://bitcointalk.org/index.php?topic=4632164.new#new) you can access the link in order to see what are the conditions to become an early KBX contributor and start acquiring tokens.

Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://www.kubitx.io/wp.pdf). You can also stay tuned in their official Telegram group (https://t.me/kubitx_official). I hope you liked the post and soon I'll send you new ones.

Roadmap

Date	Phase	Event
Q4 2017	Project Initiation	Project feasibility study Benchmarking
Q1-Q2 2018	Project Engagement	We building our Team Legal process for incorporation in Malta Whtepaper creation first draft (Business) Angel/Seed Investor Engagements Token creation Community building
Q3 2018	Project Execution	Platform design & development Whitepaper updates second draft (Technical add-on) Complete technical designs with Partners Launch KuBitX Channels Ambassadors (Flagship countries) Complete Prototype End of Seed Investments Start Private Round Operations Team Set-up Exchange Testing and Soft Launch
Q3-Q4 2018	Project Execution	End Private Round Exchange Go-Live Token Generation Event (TGE) Global Promotions (Hackatons, Lauching of Blockchain Incubators across 5 Flagship countries) Bounty Programs Full Operations commence.
Q1-Q4 2019/2020	Project Add-ons	KuBitChain- KuBitX Exchange now on the KuBitX Blockchain Phase 1: Financial Services Platform integration with KuBitX Platform re-design Continuous Improvement.

Author Details

Telegram username: @clauming

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71

#cryptocurrency #retail #money #blockchain