Introduction
We are living in a digital era. In this vague of technology, we have a shortfall of nothing. We have everything we want. Technology understands the fact that time is money and to keep us up with this fact, it has helped in the formation of a lot of platforms related to every field. The transactions are easy and are more enhanced by the use of digital currency or cryptocurrency. Cryptocurrency exchanges done on the centralized platforms are safe, secure and fast. Many centralized platforms are built from very extravagant technologies and are almost perfect for the transactions. But there is a very huge problem that occurs because of using the centralized platform. Such platforms are mainly established during the boom times and lead to failure. This leads to a lot of issues like a failure in the market and leads to the consumer's money at risk. The centralized platform is built from the latest technologies and are very safe and secured, but only these two pillars are not sufficient for the success of a platform. Trust is the biggest and the most important pillar on which the efficiency and usability of a platform depend, and this is when the decentralized platform goes hand in hand. The trading of cryptocurrency is extremely profitable and because of the trending crypto gold fever and also because they take very less time and are very secure but decentralization adds one more perk to it and that is trust. Trustworthy platforms incentivize the people to participate more and more in the crypto trade.
To support the crypto exchanges, a very fascinating platform, KuBitX has been established. The platform situated in Malta aims at building an innovative and decentralized platform for facilitating the crypto exchanges for the settled crypto holders and also the amateur businessmen. The platform is a very easy to use, user-friendly and very secure trading engine platform. The platform has set its goals of facilitating the use and the exposure to cryptocurrencies in the evolving markets. There is a problem with many platforms related to the locations, as they are only restricted to some places and cannot be used in the remote sectors. But this is an easy task for our KuBitX platform. The platform offers a lot of advantages to all the users without any bias. The platform provides the best security with the use of an advances trade engine and an advanced secure wallet. The platform issues a decentralized token KBX that is used as a native token for the platform. The token can be used for paying the trading fees and can also be converted to the fiat currency. The use of this token makes the platform very affordable that works providing the direct interface and excludes the requirement of paying a middleman. The platform assures full transparency and never leaves the assets of users at risk.
Conclusion
Centralized platforms are very good at embracing the ideas of security and uses very new technologies in their development. But these features are not enough to attract the common man as they cannot use their valuable assets over a layman project that does not guarantee trust. To gain the good faith of the people transparency, affordability and accessibility are also very much required. KuBitX platform understands the problems and saves us from trading our cryptocurrency over a risky platform. Developed by very talented and skilled professionals, the platform is totally focussed at becoming the most diverse platform in the trading and the exchange market. In my opinion, this platform is really the most amazing one I have encountered to date. Kudos to the platform, as it holds huge potential to become the massive hit in the field of crypto exchange.
Website - http://www.kubitx.io/
Whitepaper - https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Telegram - https://t.me/kubitx_official
ANN - https://bitcointalk.org/index.php?topic=4628365.0
Published by- prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689
Great project! I will be happy about the mutual evaluation of my article, about KuBitX.