Kubitx Project Overview

The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology. Numerous supporters, investors from different field of professions and businesses around the world have embraced new technological innovation which has helped reshape the world. One firm at the forefront of this innovation is KUBITX a digital currency trading platform which has developed the most advanced and robust cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the cryptocurrency space.

KuBitX is a centralized cryptocurrency exchange. Building the most advanced and robust Trade engines, one of the most secure, fastest and robust platform today. Founded by a Team of result driven professionals working in the top fortune 500 companies and one of the “big four” consulting firms.
Currently, laying all the foundations and linkages to focus the KuBitX exchange as a vehicle to open up adoption and economic inclusion for the emerging markets.

The KubBitX platform will not just be another fee-maker, in fact all trading fees will be paid using our token. We will never charge fees in other cryptocurrencies unless the user doesn’t possess our token which will be easy to acquire in our exchange. We are here to provide transparent services to our customers; never compromising the integrity of users’ data.

KUBITX PLATFORM

ADVANCED PLATFORM

KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed in a very user-friendly manner to enable people from all regions and backgrounds get a stronghold of the ideas revolving around the Blockchain and the cryptocurrency space.

SECURED WALLETS

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.

FOR BUYERS AND SELLERS

By targeting even the remotest people for their inclusion in the cryptocurrency market, our goal is to become one of the most diverse cryptocurrency marketplaces for buyers and sellers worldwide.

EDUCATION

Emerging markets need more awareness on cryptocurrencies. KuBitX education focus will drive more literacy levels in emerging markets with on the ground seminars and workshops. Currently in Africa, only 4% of the continent is engaged in Crypto. KuBitX focuses on heavy education campaigns that will infiltrate emerging markets. There are 10 big emerging markets and economies in the world.

LANGUAGE DIVERSIFICATION

KuBitX has identified that language barriers becomes issue for customer support, as a result - poor customer support ratings happen. At KuBitX, our global channel ambassador program will ensure that we have local dialect presence in each country so that customer support experience can be heightened and turn around time can be faster for responses.

FASTER TRANSACTIONS PER SECOND (TPS) SPEED

KuBitX competes with global rivals with current exchanges doing about 1.4 million transactions per second. KuBitX is built to trasact at 12 million transactions per second. Avoiding exchange crashing, creating more to trade at faster speed.

The KuBitX Exchange is designed to operate at low latency, high throughput, and maximum uptime

This is done by integrating some features like;

KuBitX’s advanced APIs to allow integration with banking and other payment methods.
High Efficiency and performance by providing a standby instance Set-Up and active Geo-Replication to deliver at a speed of 12 Million plus transactions per second with a latency of 40-50 ns.

The KuBitX Exchange have put in some Security Measures like;

Secure cold storage with cold wallet management Cryptocurrency Security Standard (CCSS).
Third-party security line by line code audit.
Blacklist feature in token contract is implemented in case of theft or hack.
Insurance of online/hot wallets.
Up to 3-Factor Authentication.
Multi-Firewall Protection.
DDoS prevention.
OWASP Top 10 Compliant.
Extended Validation SSL Certificate.

UNIQUENESS OF KUBITX EXCHANGE ECOSYSTEM

The KUBITX ecosystem comprises of the KubitX trade engines, the secure Kubitx wallets and an advanced Admin dashboard for regulating the trade activities within the exchange, providing regular baking services through the financial service providers and also creating an ambassador program to help create awareness and adoption. The kubitX aim to is to make sure that people engage in cryptocurrencies and embrace blockchain technology.

Economic integration: The integration of the local economy into the global economy is essential in this day since it will make the economy much more stable. Even though there are several risks of integrating one country economy to the global scale, the benefit will certainly outweigh the risk since there are so many benefits that can be acquired when a country chooses to do so. The linkage of the economy will be in the form of crypto exchange and fiat currencies transfer that will cover a massive part of the world. That is very important for the local economy to grow since the locals can benefit by utilizing the apps and the tech that can certainly bring more positive impact for the people.
Fast rate exchange: As one of the most important thing for the cryptocurencies world is their ability to be exchanged with all forms of fiat currencies. This is pleasant for all investors that wish their money to be converted to the token, hoping that their token value will grow in the meantime. But there is one difficult issue for this features, which is the slow rate of exchange, and the fees that have been inflicted on the user by the platform. Up to now, there is not a single standard that can formalize the exchange of token to fiat currencies, and therefore the value of a token will generally be dictated by the platform itself. The fees that have been applied by the exchange platform is also rather high and therefore making the token holder grumbling as their token worth is no longer valuable and benefit the holder.
Simple and easy to use: The most satisfying things about this apps are that the user interface, as well as the thorough services that are included in the services are very simple and easy to be used. Even the most inexperienced user will automatically understand how to conduct a transaction such as to buy a certain token, or to sell it, or to exchange it to the other fiat currencies. There are also large variations of token that you can purchase and exchange by utilizing this platform, making this platform very versatile and useful for all the cryptocurrencies player.
Customer support and multilingual: The most important thing for services that want to be spread out and covers a massive part of the world is the customer services and the features of multilingual. There are a lot of languages that are being used by many people besides English, such as the Russian, Chinese, Arabic and so forth. Fortunately the platform does these languages along with the other languages, as this platform employs about 5 languages in it. The customer services, whom will interact with you and the other user will also be able to speak those languages so that you can speak with them in your respective language. The platform has huge mission and vision, which is to encompass a large swath of the world, and therefore they need be able to grasp the market by expanding their services and integrating their services to the rest of the world. This is one step ahead of introducing the cryptocurrency to the rest of the world, and to make the token as one of the most influential money, along with the fiat currencies.
Fiat deposit and withdrawal: KuBitX with extended partnerships with payment services providers will assist users in fiat deposits and withdrawals.

KuBitX has designed customized security architecture to ensure encryption keys are stored very well and Secure offline multi-signature cold wallets/vault system.
KuBitX will educate people how to take advantage of Blockchain philosophy thus enhancing financial institution.
KubitX will be creating opportunities thus developing the economy of the emerging market.

TOKEN AND ICO DETAILS

KubitX will be issuing a fixed supply of 500,000,000 Kubitcoin (KBX) tokens which are based on the ERC-20 standard. KuBitcoin (KBX) token is a utility token which can be used as a method of payment for the trading fee. The token can also be used for payment of incentives and rewards within the platform.

TOKEN INFORMATION

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%

TGE Details

Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC