Cryptocurrency is slowly taking over the digital world. With the ever increasing applications, newer technologies and more and more startups wishing to fully make use of the Blockchain network, the worth of digital assets and tokens is slowly increasing both in demand and in value. Exchange platforms are also becoming more of a hit and this signifies the increase of cryptocurrencies’ popularity.
Current exchange platforms are still probably lacking in some aspects, and this is mainly caused by trying to win against the race of who can first create and tell the world of their platform. This creates more loop holes in the overall process making it susceptible to attacks and errors, and such won’t be able to withstand upcoming challenges. Some even remained complicated in nature, making it hard for users to understand the overall process which affects liquidity and transparency of the platform. These are just few of the reasons why an established exchange platform that can offer simplicity and accessibility at its best is what the whole crypto-community needs now.
To attend to such need, the team behind KuBitX is bringing the world a revolutionary exchange platform that was deliberately studied to withstand the test of time and respond to current challenges in existing exchanges to allow its users to experience one real and established exchange platform.
KuBitX is a global exchange platform and is a project resulted from the vigorous study of what current challenges exchange platforms are facing right now. KuBitX aims to provide a combination of simplicity and accessibility to all its users to fully make use of their trading prowess using their trade engine. Their trade engine boasts the capability to process 12 million+ transactions per second at a minimum latency time. This capability will help crypto traders to act fast when doing some exchanges and have more time to focus on what matters most.
The team behind KuBitX is a group of a-line professionals coming from different industries that share the same goal. With significant work experience across different companies such as Dell, Huawei Technologies, PricewaterhouseCoopers (PwC), Google, BP Oil, Amazon Web Services (AWS) and MTN, KuBitX is a project that aims to provide sustainable and progressive solutions to the challenges current exchange platforms are facing right now.
Current challenges KuBitX aims to solve
Despite being a little late from its herd, KuBitX will still compete with other existing exchange platforms for having thought more thoroughly on what are the current and future challenges exchanges will face in the long run and solve them all right here and now.
The first challenge involves liquidity or transparency and pricey trade fees. This challenge is mainly caused by having a pre-mature ecosystem. This is what KuBitX aims to fight. KuBitX users can make use of the overall ecosystem at ease upon knowing that such concerns are already being carried out.
Second challenge is late processing. KuBitX values its users’ time and efforts by giving the KuBitX ecosystem fast transaction rates of over a million.
The third challenge involves customer support. KuBitX saw that current platform focus only on their exchange activities without allotting much thought and manpower to cater to their users’ needs. This, in the long run, will create a community of crypto-users who will opt to not involve themselves in exchanges in the future. KuBitX will have a multilingual 24/7 customer support and dedicated personnel to do the job.
The fourth challenge is security. Exchanges, as much as possible, should be very keen in their security measures for its main business involves value or price. KuBitX aims to provide its users an exchange community that complies with cyber security standards and protocols to fight frauds and hacks. KuBitX will also make use of Multi-Factor Authentication techniques to heighten their security levels.
Lastly the low rate of adoption, this is mainly caused by the lack of education about cryptocurrencies and the blockchain network as a whole. KuBitX provides a solution to this problem through its introduction of their Global Channel Ambassadors that will capture local and emerging markets and tackle about the benefits of the blockchain.
What KuBitX can do
Having been built relationship to various banks and business sectors, KuBitX can provide even more than what traditional banking services could offer.
Users of the KuBitX platform can enjoy seamless fund transfers, payment processing, merchant servicing, remittances, and trading.
KuBitX’s trading platform is directly connected to their financial service providers that will allow users to seamlessly manage their finances and accounts using a single account. And there are many more financial services the KuBitX team will provide in the long run and they are capable of doing so.
Token Sale Details
The KuBitX community will be utilizing the KuBitcoin tokens or KBX tokens for payment processing fees needed in every transaction done within the platform.
You can get yourself whitelisted to be updated with their future features and get yourself updated ahead of others.
Token: KBX
Price: 1 KBX = 0.00011 ETH
Platform: Ethereum
Soft cap: 10,000 ETH
Hard cap: 25,000 ETH
To get the latest updates on this ICO, visit their official social media pages and view their website and whitepaper.
Author: Hypervira
Website: https://www.kubitx.io/
Whitepaper: https://www.kubitx.io/wp.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4628365
Twitter: https://twitter.com/kubitx
Facebook: https://www.facebook.com/kubitx/
Telegram: https://t.me/kubitx_official
Medium: https://medium.com/@kubitx
Reddit: https://www.reddit.com/r/KubitX/
Youtube: https://www.youtube.com/channel/UCm6o0xRXXlrPR0-OqcBwXOA
LinkedIn: https://www.linkedin.com/company/kubitx-exchange/
Author Link: https://bitcointalk.org/index.php?action=profile;u=1419911
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