KuBitX ICO (KBX Token) - project overview

in #ico6 years ago

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Now there are many exchanges trading crypto-currencies. But almost all of them are centralized, and accordingly, there is the possibility to manage the exchange from the "center". Recently, scandals about burglaries and thefts of money from popular exchanges, or fraud on the part of the administration, are constantly heard. An example is a fraud on the stock exchange Yobit, as a result of which thousands of traders lost their funds. And only a few existing exchanges can serve as a good example, and all these exchanges are built on Block.
But the desire to create a blockbuster exchange is not quenched in the heads of ICO projects, so today I will tell you about the next trading platform on the blockroom. It's called KuBitX.

What is KuBitX?

KuBitX is one of the most powerful and powerful cryptocurrency trading platforms designed to use the idea of Simple and Accessibility, which allows teachers from all walks of life to embrace the revolution of Blockchain technology and invest in cryptocurrency.

The KuBitX ecosystem uses the KuBitX Trade mechanism, where the KuBitX purse is protected, and the administrator control panel is advanced to be able to organize activities in the Trade Exchange. Focusing on unexplored demographic data with high potential for their inclusion through the crypto-currency market.

Vision and mission

Our goal is one of the most diverse crypto-currency markets for buyers and sellers. We also strive for this by developing such a powerful trading machine capable of providing regular banking services through our financial service providers and launching the Ambassador's programs for information dissemination and adoption.

The KuBitX team includes a group of talented and experienced professionals with significant experience from Fortune 500 companies and the Big Four consulting firm, which has determined the inclusion and adoption of a cryptocurrency as the main component of growth for any foreign exchange market. As a result of many "brainstorm" and "reflection" sessions, the team is able to generate unique ideas, such as built-in financial services functions, in addition to the fact that the coin recording process is convenient in terms of time and cost.

The KuBitX platform security is a serious issue. In fact, KuBitX not only develops a security system in place but also plans to inform users about the various hacker attacks that exist on the platform.

In order to improve security, several efforts are being made, namely:
  1. Saves the password, but not the actual password on the server.
  2. All data of market participants are encrypted using AES-256 before it's inserted into the database.
  3. KuBitX has developed a security architecture to ensure the correct storage of the encryption key.
  4. Autonomous protection uses a system of wallets.
  5. The KuBitX system develops third-party verification codes and has been tested functionally.
Today, Asian and African markets are covered more than the traditional system of banks. All banks are controlled, but there are people who become controllers because P2P transactions can be done on mobile phones. Philosophy in the era of blockchain plus third parties and the use of P2P transactions. In Africa, there are a large number of market players who are not affiliated with the bank. Thus, KuBitX will train them in using blockchain technology in financial terms.

The business model of KuBitX consists of revenues coming from commissions in the market of trade and administrative expenses. The section will provide information on how KBX revenues and tokens have been integrated into the system.

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Advantages of the KuBitX platform:

Security

On the KuBitX platform, at the moment, it's quite safe, and it also allows us to take a few more steps to add our security team to the lead organization.

Scalability

The KuBitX platform is very scalable. This means that it is always ready to accept new features and additions that are designed to improve the overall user interface.

Own ecosystem

The people behind this platform firmly believe in the power that belongs to the P2P payment ecosystem. Thus, they believe that it is only a matter of time before the traditional financial system is replaced by a stronger and more efficient payment system.

Block

Originally, the KuBitX token was based exclusively on the ETH blockbuster. However, over time, KubiX plans to launch an independent blockade in the near future.

Mimimum risks

In KuBitX there are some cryptographic wallets and storage strategies that will minimize the costs of traders. KuBitX has combined various strategies to ensure that funds are traded on the KuBitX platform.

Economy

For those of you who are very close to using peer-to-peer payment systems, KuBitX can be trusted that traditional financial systems will eventually be partially replaced by trust, censorship and enlightened communities. Depression.

Low cost

The KuBitX platform offers cheaper and more convenient competitive and competitive transaction costs, using our token.

ROADMAP

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Conclusions

In my opinion, the project sets itself worthy goals. The project has an excellent experienced team that inspires confidence. As I wrote, the security of currency storage is one of the most important goals for developers. This should attract large investors and increase the level of people's trust in this sphere.

#CryptoCurrency #Cryptoforall #Exchange #CryptoExchange #KBX #ICOs #KubitX #PreICO #TopICOs #Bitcoin #Ethereum #FiatMoney

For more information about the project and the opportunities to participate, go to the links below:

Website: https://www.kubitx.io/
WhitePaper: https://www.kubitx.io/wp.pdf
Telegram: https://t.me/kubitx_official
Facebook: https://www.facebook.com/kubitx/
Twitter: https://twitter.com/kubitx
Medium: https://medium.com/@kubitx
Linkedin: https://www.linkedin.com/company/kubitx-exchange/
Youtube: https://youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA
Reddit: https://www.reddit.com/r/KubitX/
ANN: https://bitcointalk.org/index.php?topic=4628365

### MY ACCOUNT
BTT Username: sujonitsmy1
BTT: https://bitcointalk.org/index.php?action=profile;u=2175763
Twitter: https://twitter.com/sujonitsmy1
Facebook: https://www.facebook.com/onnoalok
ETH: 0xEF872356BA58109aCad2A38BCf6b0d445e146f53
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Yes, the project definitely has a future. I look very much at the team. It is necessary to look narrowly.

Another day, another post and yet another useful new addition to the crypto market, very well explained @vital-bd . Looks like a very well secured and a project full of potential. Keep us updated about the progress

Excellent article. I hope that the project team will succeed.

Are you gonna invest in it its look good

Good project bro.

Great project! I will be glad to mutual subscription and evaluation of the article, for the same project.

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