Today, the market has many platforms for cryptocurrency trading. It would seem that in this field there is no free space for new players. But the KuBitX project intends not only to take a place in the market, but also to significantly affect its development. After all, cryptocurrencies affect only a small part of society, while others are prevented from entering this market by various factors. The KuBitX team, whose members have extensive experience in managing companies from the Fortune 500, has a vision of how to change the current situation and benefit from it for investors. All this in our review of the KuBitX ICO project.
The founders of KuBitX see the disadvantages of modern platforms for trading cryptocurrencies, the solutions of which can become significant competitive advantages:
1. The crypto trading ecosystem is immature. For the convenience of understanding this problem, you can pay attention to any of the traditional currency trading markets. For Example, Forex. It has all the necessary technological and legal tools for both small and large players. The crypto world so far has only a small fraction of it.
2. Fiat currencies are very unwieldy. To withdraw the crypto currency in Fiat or make a reverse exchange, it takes time. Often these are the most valuable seconds if you need to make an exchange urgently. Sometimes it forces to make an exchange at an unprofitable price.
3. Customer support is poor on almost all platforms for crypto trading. The reason lies in the human factor. It's just not the focus. Customers have to endure delays with responses and adjust.
4. Hacker attack. On crypto exchanges, cases of loss of funds due to hacker attacks are frequent. In the past, customer losses were billions of dollars. Now the situation has improved, but there is a large share of the risk of loss of funds. This hinders the motivation of traders to bring big money to the exchange.
5. The ignorance of users. A game of traders lose money, many people lose the motivation to use the exchanges. There is no qualitative education system at the stock exchanges.
KuBitX going to make a serious competition to the market leaders of the cryptocurrency exchanges.
KuBitX has the following competitive advantages over them:
- the speed of 12+ million transactions per second. This is almost 10 times higher than any existing exchange;
- withdrawal and Deposit of funds in Fiat. This is one of the main accents of KuBitX. Due to the existing extensive network of contacts in Vietnam world KuBitX intends to provide all clients with Fiat ground on time;
- high quality customer support in five languages. This is also a Central feature KuBitX. It is planned to focus on an individual approach to each client;
- friendly interface. It will be available even to the child. Developed as a web client and mobile applications for Android and iOS;
- educational platform. It can be obtained as the basics of using crypto currencies, and a strong trader's education to work in the future as a professional trader or broker.
- Ticker: KBX
- Token type: Ethereum ERC20
- Issue: 500.0000.000
- Soft cap: 10 000 ETH
- Hard cap: 25 000 ETH
- Pre-ICO start: July 16, 2018
- Pre-ICO end date: 31 August 2018
- KBX price on Pre-ICO: 0.0001122 ETH
- The minimum investment at a Pre-ICO: 25 ETH
- ICO date: waiting for announcement
- KBX price on ICO: waiting for announcement
- Minimum investment on ICO: 0.25 ETH
The distribution of tokens and the allocation of funds as follows:
KuBitX is one of the brightest projects at the moment. First, the team includes the Tops of Fortune 500 companies and the big four consulting firms. Secondly, the problems to be solved are really clear and relevant. Third, the threshold of investment entry of 25 esters on pre-sale indicates confidence. All this and much more was reflected in the high ratings of the project on the ICO project listings. He deserves it for now.
Official resources of the project KuBitX:
ANN THREAD: https://bitcointalk.org/index.php?topic=4628365
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493