KUBITX REVIEW
The Cryptocurrency Space has grown rapidly in the last five years or so, bringing slowly into the fold demographics of people who never before had any chance of being included, or even thriving, in traditional socio-economic setups of the past. Blockchain technology, being so powerful, has the chance to totally transform the financial landscape of this planet and here is where KUBITX (https://www.kubitx.io/) comes in. Apart from aspiring to be one of the safest and fastest working Crypto exchanges to date, KUBITX wishes to specialize in the inclusion of emerging markets into this blockchain environment. People who never had access before to any form of banking or fiscal products will now be able to start getting their piece of the pie within the KUBITX ecosystem. Starting with African Countries, KUBITX realizes the power of this untapped, unbanked market and workforce that has so much to offer but hasn’t had the means so far to support it. Once we have successfully tapped into the two billion unbanked population market and put it to good use, can you imagine the wealth creation and GDP output for poorer nations, how they will blossom? Although the Exchange will be open to everyone around the Globe to use, there will be certain Fintech services and products that will assist the engagement of the Emerging Economies to grow and prosper within their own environments. By the tokenization of exchanging currencies, it will mean that African partners and traders of goods and services will be directly able to interact with each other using their local currencies through the Blockchain in a cheaper and more effective way, without using the U.S dollar as an intermediary. Blockchain tech is faster in transactions AND far cheaper, by using the intermediary token of exchange, in this instance the KBX token, directly between local African currencies and partners. Making trade and commerce cheaper within the Subcontinent will mean more profits, fewer costs, and less corruption and you can see here through this Interview with the CEO ERIC ANNAN on China’s prime State foreign TV channel CGTN why KUBITX (https://www.kubitx.io/) is the piece of the puzzle that will not only help build African nations in this great tech and financial revolution, but how it will make the inclusion of so many people into the World Economy a very important part of our progress to date. ERIC ANNAN states that he wishes Africans to be global forerunners in Blockchain tech, not only tagging on, like in past tech revolutions. Here is the Interview:
There are going to be awesome features built into the Exchange, with speed and security being very important key components. Customer support is also an issue among many crypto traders as they often see many exchanges not living up to par when it comes to customer support. I myself have found it really difficult at times to get some of my requests via support desks sorted out on even some of the biggest name exchange and KUBITX wants to change that by offering top notch customer service. For myself, apart from security and speed, customer service is a very important factor for my utilizing an exchange. The Exchange boasts to be able to transact twelve million transactions per second and has a user-friendly UI, geared to all who wish to use it. How annoying it is for high-frequency traders when an exchange goes down or lags, it’s too much to bear but KUBITX (https://www.kubitx.io/) has this area covered. Wallets will be secured and there will be several layers of security including DDOS protection and multi-signature wallets in cold storage, making it a breeze for you to trade knowing your funds are safe.
The Ambassador Program will help even the people in the remotest regions to be proactive in this new way of doing business and interacting financially as there will be support in local dialects and languages, which will reduce this barrier of entry that other exchanges don’t offer. Also, KUBITX is going to play an integral part for many traders because of their really low trading fees. It costs only 0.05% to trade on the exchange and if you use KBX utility token then you get a further 255 discount, so each trade will only cost 0.0375%. Like we say, saving money is making money!
KUBITX also aspires to educate and inform newcomers into this space which will empower newbies and assist in bringing the mass adoption we all so much crave for in the blockchain environment. As Africa as well hosts the biggest demographic of people under the age of 30, it is befitting of Africa to take Leadership in new technological revolutions. Younger people are craving a new paradigm shift and here we have it. There is a Great Team of Members spearheading this project with a lot of expertise and knowledge in their respective fields. You can find out more about them in the links at the bottom of this educational review.
KUBITX ICO
In order to expand its operations, KUBITX is running a token sale to help spread the awareness of the brand and help distribute its utility token KBX to a wider audience, allowing more members of the community to be a part of enhancing the KUBITX platform. Here are the details of both the KBX token and ICO dates:
TOKEN SPECIFICATIONS:
Token Ticker; KBX
Token Type and Algo: ERC20, POS
Total Supply: 500 million (500,000,000)
Soft Cap: 10,000 ETH
Hard Cap: 25,000 ETH
ICO INFO:
To purchase BQX tokens in all processes of the crowd sale, ETH will be accepted and the hard cap to reach is 25k ETH. The SEED ROUND ended on the 16th July and we are currently going through the Presale round which ends on the 31st August. You can pick up a nice bonus of 20% in this round and the minimum investment is 10 ETH in the presale round. The main ICO dates haven’t been determined yet but if you want to get in on the ground level and scoop up the bonus, now is the time! 30% of the total supply of KBX token will be available for purchase in the Token sales as per the White Paper and all unsold tokens from that allocation will bur burned. You can also find out more about the distribution of capital collected and token distribution on the website and other places of interest.
KUBITX LINKS
If you want to get more involved in this project, both as a community member or as a potential contributor, you can check out all the links below for further information and news.
MAIN WEBSITE: https://www.kubitx.io/
WHITEPAPER: https://www.kubitx.io/wp.pdf
BITCOINTALK THREAD: https://bitcointalk.org/index.php?topic=4628365.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4632164.0
FACEBOOK: https://www.facebook.com/kubitx/
TWITTER: https://twitter.com/kubitx
TELEGRAM: https://t.me/kubitx_official
Connect with me- Qiwoman2 on Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=340890;sa=summary
