KUBITX
Shenzen![](/file/6b74039193db2a2caf89e.png)
KuBitX is the great project which will solve some major problems. I am really exicited to join on this project and now happy. All the best KuBitX team, Great Job. This project seems more interesting after read the whitepaper.I know this project will get high success.
KuBitX team aims to offer a one-stop platform for their users. Many countries and citizens have been left behind in this new revolution called blockchain they will connect those dots and offer an excellent service using the top global organisations best practice.
KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed to embrace the idea of “Simplicity” and “Accessibility,” empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. Contained within the KuBitX ecosystem are the KuBitX
Trade engines, the secure KuBitX wallets and an advanced Admin dashboard for regulating the activities within the Trade Exchange. By targeting the untapped, high potential demographics for their inclusion in the Cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers. We aim to
achieve this by developing a robust trade engine, providing regular banking services through our Financial Service Providers and initiating an Ambassador program to spread awareness and adoption.
HOW KUBITX WILL BENEFIT YOU?
HIGH SCALABILITY
Our platform is highly scalable, ready to accept new features to improve our users trading experience.
SECURE
We have made an extensive benchmarking with the current platforms, which allowed us to take few steps ahead, plus our security team comes from top organisations.
BLOCKCHAIN
Our token is initially based on the Ethereum blockchain. We plan to launch our own chain in the near future which will then be very useful to many cases such as the most common social, utility, administration, and governance problems in developing countries.
ECOSYSTEM
As strong believers in peer to peer payment ecosystems, we believe that traditional financial systems will eventually be replaced partly due to continuous broken trust, censorship and a growing enlightenment of the populace.
LOW FEES
Our fees are the lowest around, it is even lower when you choose to use our native token the KBX for fees payment. Trading fee on KuBitX exchange is 0.05%, however, the users opting to use KuBitcoin(KBX) tokens as a method of payment of trading fee will get a discount of 25% compared to the original trading charges.
– Trading fee = 0.05%
– Trading fee using KBX token= 0.0375%
MINIMIZED RISK
Our multi-signature wallet and cold storage strategy will minimize the exposure of our trader’s funds. We have combined various strategies to secure the funds traded
on our platform.
WHAT MAKES US DIFFERENT?
KuBitX has been developed not just as a trade engine but an engine for growth and development of the emerging markets assisting in financial inclusion, financial education and Blockchain adoption by the people. We strongly believe that KuBitX has the potential to reach the emerging regions and educate the citizens with little or no access to
Blockchain based services and adoption and offer multiple crypto to fiat exchange and paring.
TOKEN DISTRIBUTION
15% of team tokens will be released after three months from the end of public round of TGE, 85% of team tokens will be locked for 2 years after which there will be gradual release of the tokens over a period of another 2 years.
![](https://cryptokoins.net/wp-content/uploads/2018/07/kubitx-token-distribution.jpg)
FUNDS ALLOCATION
![](https://cryptokoins.net/wp-content/uploads/2018/07/kubitx-fund-allocation.jpg)
EXCHANGE ARCHITECTURE – KuBitX
The KuBitX Exchange is designed to operate at low latency, high throughput, and maximum
uptime. By incorporating geo-replication in its architecture, the exchange is built to
be fault tolerant, ensuring that the platform delivers a seamless and uninterrupted trading
experience to its users. Below is a high-level abstraction of the exchange architecture
showing how the different systems within the exchange are connected logically.
EXCHANGE FEATURES – KuBitX
ADVANCED APIS AND FINANCIAL INTEGRATION
EFFICIENCY AND PERFORMANCE
SECURITY MEASURES
MONITORING AND CONTROL
27×7 CUSTOMER SUPPORT
TOKENOMICS
KuBitX will issue a fixed supply of 500,000,000 KuBitcoin (KBX) tokens which are based
on the ERC-20 standard. The reasons for choosing ERC-20 tokens are the present familiarity
of the market with this standard plus the stability of Ethereum Blockchain.
Token Name = Kubitcoin (KBX)
Token Type = ERC-20
Total Supply = 500,000,000
Price 1 ETH = 8,909.09 KuBitcoin(KBX)
Currencies Accepted = ETH
Soft Cap = 10,000 ETH
Hard Cap = 25,000 ETH
Pre-Public Round Bonus = 20%
Public Round Bonus = 10%
Unsold Tokens = All Burned
Pre-Public Round: 16 July – 31 August, 2018
Public Round: TBC
At Last congratulation to the whole team of KuBitX.
For More Information about the KuBitX project, visit below links:
- Web: 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/
- ANN: https://bitcointalk.org/index.php?topic=4628365
AUTHOR: Shenzen
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1059512
ETH ADDRESS: 0x47a6A92Fd16329e14A32eF2B8786b5f125F95B96