KubitX
![](https://steemitimages.com/640x0/https://cdn-images-1.medium.com/max/600/1*45ZuP-YtZmTYgIRWTc7IQg.jpeg)
The digital gold rush has made the exchange platform of cryptocurrency consolidate in a short period of time, where investors from around the world are trying to take advantage of cryptocurrencies such as Bitcoin , Ethereum and tokens offered by innovative projects through ICO .
The purchase and trade of cryptocurrency can be highly profitable and, at present, there are different types of cryptocurrency exchange platforms that offer a variety of characteristics but most operate in major world markets, setting aside access to emerging markets, cryptocurrency fans, blockchain technology and decentralization.
KuBitX is a cryptocurrency exchange, located in Malta, which aims to build a sophisticated, easy-to-use, and secure trading platform focused on opening up the adoption and inclusion of a cryptocurrency economy for emerging markets, allowing access to multiple users in remote locations.
Main feature
Trading fees will be paid using KuBitX tokens.
KuBitX tokens can be converted into banknotes or cryptocurrency.
The process of recording new coins will be assessed by the platform in less than 24 hours.
To guarantee user funds, 70% of the platform’s assets will be in cold storage wallet.
Trading costs (0.025%) 8 times cheaper than the current exchange (about 0.2%).
A professional team that has worked for a Fortune 500 company and one of the big four consulting firms.
New thing
Cryptocurrency exchange focuses on emerging markets with no geographical restrictions.
Through their APIs, users will be able to pay suppliers or accept Bitcoin as payment for their business.
![](https://steemitimages.com/640x0/https://cdn-images-1.medium.com/max/600/1*a8Wtw_tndcqnXAF0iKaNHw.png)
Why do you have to join Cubit EcosystemX
There are several reasons why you must join this board for one of the benefits that you can get if you are included in this system.
High scalability. Our platform is very scalable and flexible, this platform will be ready to add new features that will continue to improve the morning user experience.
SAFE — Kubitx uses blockchan technology as one of the development platforms and develops security systems, doing extensive testing with the current platform, which allows us to take a few steps forward developed by our highly qualified security team.
BLOCKCHAIN - In development, the Kubitx store will be based on the Ethereum blockchain. And then Kubitx will begin our own chain in the near future, which can be used to solve many cases, such as the most common problems of social, communal, administrative and management activities in developing countries.
ECOSYSTEM — Kubitx is a very powerful platform for the same payment. And this ecosystem will continue to grow and will replace the existing traditional payment system.
LOW COST — Cubitx provides lace-based services using the KBX marker as a payment tool.
MINIMUM RISK — our signing and cold storage strategy with lots of signatures will minimize the impact of our trader stock. We have combined various strategies to protect the funds circulating on our platform.
Token Information
Utility token name = Cubitcoin.
Acronym = KBX.
Platform = Ethereum ERC20.
Max. number of tokens = 500,000,000.
Cryptocurrency accepted = ETH, BTC.
Soft cap = 10,000 ETH.
Hard cap = 25.000 ETH.
![](https://steemitimages.com/640x0/https://cdn-images-1.medium.com/max/600/1*wwduTvHO8Cj4A8oEtjfIQQ.png)
Token Distribution
- Private sales = 36%.
- Founder and Development Team = 23%.
- Investment funds = 20%.
- ICO = 16%.
- Advisors and Partners = 3%.
- Bounty = 2%.
![](https://steemitimages.com/640x0/https://cdn-images-1.medium.com/max/600/1*iYk9t0RrD02QXW9OUqSXKA.png)
Use of Funds
- Liquidity = 30.0%.
- Technology = 15.0%.
- Promotion = 15.0%.
- Reserve = 15.0%.
- Operation = 12.5%.
- Law = 7.5%.
- Partnership = 5%.
![](https://steemitimages.com/640x0/https://cdn-images-1.medium.com/max/600/1*lspWvMX1MK9Cieo0pNwMfA.png)
Sales Token
Start = Q3, 2018.
Ended = Q4, 2018.
Price token = 8.909.09 KBX / ETH.
Bonus = 20% (private round) and 10% (public round).
NOTE: unsold token will be burned.
Conclusion
The Crypto exchange platform has become one of the major tools in the blockchain industry for trading Bitcoin, altcoin, and tokens in an easy and simple way. Some platforms are currently only available in some countries due to government regulation, which prevents many merchants worldwide. In addition, the current growth capacity of the bursa has collapsed because a large number of new users and some of these platforms have stopped their registration process due to the high volume of new users. Platforms such as KuBitX will be required to cover the high demand of users where platforms currently do not offer their services.
For more information, please click the link below:
- Website: https://www.kubitx.io/
- Technical documentation: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
- Facebook: https://www.facebook.com/kubitx/
- Twitter: https://twitter.com/kubitx
- Telegram: https://t.me/kubitx_official
- Blog: https://medium.com/@kubitx
- BTT Ann Threads: https://bitcointalk.org/index.php?topic=4628365
Author: traxion11
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2213115
Congratulations @instinct012! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!