ICO Review: KuBitX - The Crypto-Exchange For Emerging Markets

Digital gold fever has made the cryptocurrency exchange platform consolidate in a short time, where investors from all over the world try to take advantage of cryptocurrency like Bitcoin, Ethereum and tokens offered by innovative projects through the ICO.

Cryptocurrency buying and trading can be very profitable and, at present, there are various types of cryptocurrency exchange platforms that offer a variety of characteristics, but most of which operates on the major markets, setting aside access to emerging markets, fans of cryptocurrency, blockchain technology and decentralization.

KuBitX is a cryptocurrency exchange, located in Malta, which aims to build a sophisticated, easy-to-use, secure trading engine platform focused on opening up the adoption and inclusion of a cryptocurrency economy for emerging markets, access to many remote locations.

Main feature

• Trading fees will be paid using the KuBitX token.
• 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 assets will be in a cold storage wallet.
• Trading costs (0.025%) are 8 times cheaper than the current exchange (around 0.2%).
• A team of professionals who have worked in Fortune 500 companies and one of the big four consulting firms.

New thing

• Cryptocurrency exchange focuses on emerging markets without geographical restrictions.
• Through their API, users will be able to pay suppliers or accept Bitcoin as payment for their business.

Token Information

• Name of utility token = Kubitcoin.
• Acronym = KBX.
• Platform = Ethereum ERC20.
• Max. the number of tokens = 500,000,000.
• Cryptocurrency accepted = ETH, BTC.
• Soft cap = 10,000 ETH.
• Hard cap = 25,000 ETH.

Token Distribution

• Private sales = 36%.
• Founder and Development Team = 23%.
• Investment fund = 20%.
• ICO = 16%.
• Advisers and Partners = 3%.
• Bounty = 2%.

Use of funds

• Liquidity = 30.0%.
• Technology = 15.0%.
• Promotion = 15.0%.
• Reserve = 15.0%.
• Operation = 12.5%.
• Law = 7.5%.
• Partnership = 5%.

Sales Token

• Start = Q3, 2018.
• Ends = Q4, 2018.
• Price of tokens = 8,909.09 KBX / ETH.
• Bonus = 20% (personal round) and 10% (public round).

NOTE: unsold tokens will be burned.

Leading Team

• Eric Annan - CEO, Co-Founder.
• Domenic Thomas - CEO, FSP Division.
• Amadeu Alexandre Filipe - Leader of IT Operations, Co-Founder.
• Victor Akoma-Philips - COO, Co-Founder.

Competitor

• LocalCoinSwap.
• LightBitAtom.
• BINKD.

Social Media Presence

• Twitter.
• LinkedIn.
• Instagram .
• Youtube.

additional information

• ICO site.
• ICO White Book.

Conclusion

The Crypto exchange platform has become one of the main tools in the blockchain industry for trading Bitcoin, Altcoin, and tokens in an easy and simple way. Some platforms are currently available in some countries due to government regulations, which deter many traders around the world. In addition, the current growth of stock market capacity collapsed due to the large number of new users. Platforms like KuBitX will be needed to cover their services.

For more information and updates about the Kubitx Coin Connect to the platform via the following links;

★ Official Website: http://www.kubitx.io/

 ★ Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

 ★ Twitter: https://twitter.com/kubitx

 ★ Facebook: https://www.facebook.com/kubitx/

 ★ Medium: https://www.facebook.com/kubitx/

 ★ Telegram: https://t.me/kubitx_official

 ★ Reddit: https://www.reddit.com/r/KubitX/

Author: indah333

Profile link: https://bitcointalk.org/index.php?action=profile;u=1724885

Eth: 0xf16486c792628e08D0D32995b0EB9e90fea27692