INTRODUCTION TO KUBITX PLATFORM: FIRST TRULY GLOBAL EXCHANGE

Good day everyone,i would be writing about the KUBITX PLATFORM,their aim is 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.Today i would be writing on the following;
A)WHAT IS KUBITX?
B) BENEFITS OF KUBITX

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, our goal is to become
one of the most diverse cryptocurrency marketplaces for buyers and sellers. They 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.
The KuBitX team is composed of an extremely talented and experienced bunch of
professionals with significant work experience from Fortune 500 companies and “Big
Four” consultancy firms that have identified “Inclusion" and “Adoption” as the major pillars
of growth for any Cryptocurrency marketplace. As a result of many brainstorming
and ideating sessions, the team was able to come up with unique ideas such as an inbuilt
Financial Services feature in addition to making the coin listing process convenient
in terms of time and cost.
To create a harmonious ecosystem within the exchange, the KuBitcoin (KBX) token will
be used for fee payments within the exchange operation and will be also be integrated
into the banking processes integrated with the exchange to enable users to get fiat services
in a short span of time.
The user-friendly outlook of the exchange will also allow it to promote adoption. Simplifying
the process of remittance also provides us with the potential to target a good user
base and thus helping in increasing the liquidity of the exchange.
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. Their platform will redefine how exchanges operate and by attracting
more traders via their various product offerings, they will expand the pool of
participants by fostering greater market liquidity and thereby contributing to its overall
growth.

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, they 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.

• Ease of use – Not only them are working hard to develop a user-friendly web interface
for our users, their 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 their outlook, their aim is to offer their services in 5 languages
to enable a large set of users to get benefits out of their services thus removing
the barrier of language which often hinders the integration of people on a
web platform.

Considering the penetration and utility of mobile platforms in our daily life, they are also
coming up with the KuBitX trading application for mobile platforms compatible with both
Android and IOS.

BENEFITS OF KUBITX

• HIGH SCALABILITY
  Their platform is highly scalable, ready to accept new features to improve their users trading experience.

• SECURE
  They have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus their security team comes from top organisations.

• BLOCKCHAIN
  Their token is initially based on the Ethereum blockchain. They plan to launch their 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, they 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
  Their 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
  Their multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. They have combined various strategies to secure the funds traded on their platform.

THANKS FOR READING.
To know more about this project;
visit the website:https://www.kubitx.io/
join the telegram group: https://t.me/kubitx_official
my bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1070043
whitepaper link: https://www.kubitx.io/wp.pdf
facebook link: https://www.facebook.com/kubitx/
twitter link: https://twitter.com/kubitx
ANN Thread link: https://bitcointalk.org/index.php?topic=4632164.0
Explanatory video link: