Kubitx. Blockchain Based Trading and Trading Platform.

in #english6 years ago

https://www.kubitx.io/

The creation of the first cryptographic currency called Bitcoin has brought to the world a lot of changes with endless benefits, they have called it the cryptographic revolution, the platform which is supported by Blockchain has given much confidence for its security and transparency. This has brought about great changes in financial terms, its rapid growth has made it evolve in many aspects, in this case I will talk to you about the exchange houses or exchanges, which are kryptonite exchange ecosystems.

In this analysis, I would like to point out that, despite the exponential growth of this market, exchange rates have been affected, which are currently suffering from some deficiencies.

The Problems

  • One of the flaws that is worrying investors is that they allow the "whales" to manipulate prices in some currencies, which leads to many losses to all those investors, also some stock exchanges suffer serious liquidity problems, some charge high expensive trade commissions.
  • Switching from kryptonite to fiat currency puts currency holders at the mercy of market volatility, which can often lead to people losing money as a result of delayed processing by both the stock market and banks.
    Traders often complain about the poor user experience as a result of the lack of response from the customer support provided by many exchanges.
  • Hackers often take advantage of the cryptocurrency space and try to use the vulnerabilities of exchanges to their advantage. The cyber-attacks that have taken place in the past in many pockets have resulted in losses in the order of billions of dollars.
  • In the absence of education and knowledge about Blockchain and cryptocurrency space, people are reluctant to be part of the cryptocurrency ecosystem, which has led to the market being dominated by a select group of traders who are able to manipulate the market at will. These changes and volatility further reduce the adoption rate of cryptocurrency trading.
  • It is because of all these problems that the founders of Kubitx have decided to give solutions.

What is KUBITX?

Advanced Platform

  • KuBitX is one of the most advanced and robust cryptocurrency trading platforms, designed in a very easy to use way, allowing people from all regions and backgrounds to benefit from the ideas that revolve around Blockchain and cryptocurrency space. It is designed to perform transactions at 12 million transactions per second. Bag drops are prevented and more are created to operate at higher speeds.

Insured wallets

  • In the KuBitX ecosystem we find KuBitX trading engines, KuBitX security purses and the advanced administration panel for the control of stock exchange activities.

For buyers and sellers

  • By focusing even on people who are furthest away for inclusion in the cryptocurrency market, we aim to become one of the most diverse cryptocurrency markets for buyers and sellers worldwide.

Education

  • In emerging markets, a better understanding of cryptocurrencies is essential. With KubitX's educational approach, literacy levels in emerging markets will be increased through field seminars and workshops. Currently in Africa, only 4% of the continent is dedicated to Crypto. KubitX focuses on intensive education campaigns that will infiltrate emerging markets. There are 10 major emerging markets and economies in the world.

Linguistic Diversification

  • KubitX has discovered that language barriers are becoming a problem for customer support. At KubitX, the presence in each country of our new global channel ambassador program will ensure that we have a local presence in each country so that the customer support experience can be increased and the response time is faster.

Faster transaction speed per second (TPS)

  • KubitX is in competition with its global competitors, with the stock exchanges in operation carrying out around 1.4 million transactions per second. KubitX has been built to perform 12 million transactions per second. Prevent shifting from locking, creating more to operate at higher speeds.

Advantages

High Scalability

  • This platform is scalable and ready to accept new features that will enhance our users' business experience.
    Insurance With the current platforms, extensive benchmarking has been carried out, which has allowed us to take some steps forward, while our security team comes from the best organizations.

Blockchain

  • Initially, this token is based on the Ethereum block chain. We intend to launch our own chain in the near future, which will be very useful in many cases, such as the social, utilitarian, administrative and governance problems most frequently encountered in developing countries.

Ecosystem

  • As fervent believers in peer-paying ecosystems, we understand that, in the long run, traditional financial systems will be replaced in large part because of the continuing breakdown of trust, censorship and the growing enlightenment of the population.

Low rates

  • The rates are the lowest on the market, it's even lower when you choose to use our native KBX token as your payment method. The trading commission on the KuBitX exchange is 0.05%, however, users who choose to use KuBitcoin tokens (KBX) as a form of payment for the trading commission will benefit from a 25% discount compared to the original trading commissions.
    Trading fee = 0.05%.
    Trading commission with KBX token = 0.0375%.

Minimized risk

  • We have a portfolio of multiple firms and a cold storage strategy that will minimize the exposure of our operators' funds. In this regard, we have combined several strategies to secure the funds traded on our platform.

Conclusion

It will offer a unique platform for our users. We regret that many countries are falling behind and do not see that the Blockchain revolution has changed the world, we will connect the dots and offer excellent service using the best practices of major global organizations.

About the Token

--
TokenKBX
PreICO Price1 KBX = 0.00011 ETH
Price1 KBX = 0.00011 ETH
BonusAvailable
MVP/PrototypeAvailable
PlatformEthereum
AcceptingETH
Minimum investment0.25 ETH
Soft cap10,000 ETH
Hard cap25,000 ETH
CountryMalta
Whitelist/KYCKYC & Whitelist
Restricted areasUSA, China

Milestones

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 (Contd.):
  • 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.

Team

  • Eric Annan - CEO, Co-Founder
  • Amadeu Alexandre - Co-Founder, Lead IT Operations
  • Peihan You - Chief Strategic Officer
  • Juliana Mwangi - Lead, Office Team
  • Victor Philips - Co-Founder, Chief Operating Officer
  • Victor Olorunfemi - Lead Trade and Product Development
  • Binod Nirvan - Chief Token Strategist, Smart Contract Professional
  • Subramanian Venkatesan - Lead, DApp, Smart Contract DEveloper
  • Obi Ezenwugo - Lead, Community Management
  • Charles Meriwoma - Lead, Infrastructure and capacity management
  • Zulekha Cara - Lead, Global Channel Ambassadors (GCA) Initiative
  • Shireen Ramjoo - Chief Marketing Officer

ADVISORS

  • Richard Gardner - Trade and Exchange Advisor, CEO Modulus Global
  • Jonathan Giovanni - Legal Advisor, Malta
  • Mohammed Thoufiq - Advisor, Business Development
  • Leo Fiadzinu - Blockchain & Trade Advisor
  • Raj Ravidran - Capital Markets and Trade Advisor
  • Grant Gulovsen - Legal Advisor, Americas
  • Domenic Thomas - Financial Services Provision
  • Ugo Nduaguba - TGE Advisor
  • Alakanani Itireleng - Blockchain Awareness Advisor

If you need more information I leave you below the links where you can review it in much more detail, any questions or doubts I invite you to comment.

PlatformLinks
Web Sitehttps://www.kubitx.io
Whitepaperhttps://kubitx.io/wp.pdf
Twitterhttps://twitter.com/kubitx
Facebookhttps://www.facebook.com/kubitx/
Githubhttps://github.com/Kubitx/token/blob/master/contracts/
Reddithttps://www.reddit.com/user/kubitx
Mediumhttps://medium.com/@kubitx
Telegramhttps://t.me/kubitx_official
Annhttps://bitcointalk.org/index.php?topic=4628365

By Bitcointalk user: jpirulo
Profile: https://bitcointalk.org/index.php?action=profile;u=1192567
MyetherWallet: 0x4312006E30A82664F5b7EF51B2cE5c864F54cb1f