ICO Reviews: KuBitX - The Crypto-Exchange

The digital gold rush has made the exchange platform of cryptocurrency consolidate in a short period of time, where investors from ICO.

The purchase and trade of cryptocurrency exchange platforms that offer a variety of characteristics in the world, 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 dedicated on opening up the adoption and inclusion of a cryptocurrency economy for emerging markets, allowing access to many 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.

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.

Distribution Tokens

• Private sales = 36%.
• Founder and Development Team = 23%.
• Investment funds = 20%.
• ICO = 16%.
• Advisors 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.
• Ended = Q4, 2018.
• Price token = 8.909.09 KBX / ETH.
• Bonus = 20% (private round) and 10% (public round).

NOTE: unsold token will be burned.

Team Leading

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

Competitor

• LocalCoinSwap.
• LightBitAtom.
• BINKD.

The existence of Social Media

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

additional information

• ICO website.
• ICO White Book.

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.

More Information Visit The KUBITX Link:

Website : https://www.kubitx.io/

Whitepaper : https://www.kubitx.io/wp.pdf

ANN Thread : https://bitcointalk.org/index.php?topic=4628365.0;all

Twitter : https://twitter.com/kubitx

Telegram : https://t.me/kubitx_official

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

Youtube : https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA

Author : sego_jagung

My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1033626