KubitX - Global Crypto Exchange
Friends, welcome to your blog. Today I want to present to your attention an overview of a new prospective ICO project called KubitX . What is its purpose, which teams set goals and objectives, what are the prospects for the project - we'll talk about all this.
About KubitX
The goal of the project is to become the most popular worldwide crypto-currency market. The platform is oriented even at people far from crypto-currencies and is aimed at their involvement in this sphere. I want to note that the team begins its program in the leading countries of South Africa, Nigeria, Zimbabwe, Kenya, Ghana, Angola and Uganda. During the first three years, it is planned to reach from 1 to 10 million potential users.
In the opinion of the team, it is the African markets that play a significant role in the market capitalization of the Crypto-currency.
In the opinion of the team, it is the African markets that play a significant role in the market capitalization of the Crypto-currency.
Problems
Only 4% of the country's currency exchange accounts for Africa's share of world cryptology. Africa is struggling with problems, from low GDP to high inflation and, as a rule, poor economic growth. KubitX undertakes to raise awareness and stimulate the adoption of a crypto currency in developing and untapped markets in Africa.
Also, after careful research of the markets, the KubitX team received significant information about the current working architecture of the crypto-currency exchange ecosystem.
The most important problems of existing exchanges that attracted the attention of the team are liquidity problems, high commission fees, difficulties in working with fiat funds, insufficient awareness among the masses, and, of course, the security problem. And, because of the lack of knowledge about the blockbuster and crypto-currencies, people are reluctant to enter the system of crypto-currency, so the market is dominated by an elected group of traders who manipulate the market at their own discretion.
Based on all the research KubitX offers its solution.
The new crypto currency exchange is aimed at eliminating significant shortcomings and can offer more.
The task of KubitX is to create a secure, user-friendly and highly efficient platform for trading crypto assets.
The platform offers simple and affordable ways and tools to involve people from different walks of life in the banking sector and the crypto currency area. KubitX
initiatives will help accelerate the overall economic growth of the African continent and lead to a better quality of life. Crypto currency can overcome this gap and play a vital role in integrating people into the financial sphere. The technology of blocking gives many opportunities and its use here increases the chances of eliminating many social and economic obstacles. KubitX is taking a step in this direction, its initiative is aimed at the grass-roots population to stimulate adoption at the local level.
Also, after careful research of the markets, the KubitX team received significant information about the current working architecture of the crypto-currency exchange ecosystem.
The most important problems of existing exchanges that attracted the attention of the team are liquidity problems, high commission fees, difficulties in working with fiat funds, insufficient awareness among the masses, and, of course, the security problem. And, because of the lack of knowledge about the blockbuster and crypto-currencies, people are reluctant to enter the system of crypto-currency, so the market is dominated by an elected group of traders who manipulate the market at their own discretion.
Based on all the research KubitX offers its solution.
The new crypto currency exchange is aimed at eliminating significant shortcomings and can offer more.
The task of KubitX is to create a secure, user-friendly and highly efficient platform for trading crypto assets.
The platform offers simple and affordable ways and tools to involve people from different walks of life in the banking sector and the crypto currency area. KubitX
initiatives will help accelerate the overall economic growth of the African continent and lead to a better quality of life. Crypto currency can overcome this gap and play a vital role in integrating people into the financial sphere. The technology of blocking gives many opportunities and its use here increases the chances of eliminating many social and economic obstacles. KubitX is taking a step in this direction, its initiative is aimed at the grass-roots population to stimulate adoption at the local level.
Project advantages
• Security. The team offers a number of functions that guarantee the safety of all customers, including multifactor identification, encryption algorithm, storage only in cold wallets and other reliable methods of protection.
• High scalability. The platform is ready to take on new functions and improve existing ones to improve the user interface.
• High transaction speed. This is the fastest exchange in the world, reaching more than 12 million transactions per second
• Developed project ecosystem. Its development is provided by the following mechanisms: KuBitX Trade, protected KubitX wallets , extended Admin control panel for regulating activities in the Trade Exchange.
• Availability of mobile platforms compatible with Android IOS.
• Low commission fees. The trading fee for the exchange of KubitX is 0.05%, but users who prefer to use the KuBitcoin (KBX) tokens as a method of payment for commercial reward will receive a 25% discount.
• The development of its own detachment is planned for the near future.
• Minimization of risks. A strategy with several signature wallets and cold storage systems minimizes the risks of traders.
Token
Token - Kubitcoin (KBX)
Type of the token - ERC-20
Platform - Ethereum
The total amount is 500,000,000
Accepted currencies - ETH
Price in PreICO 1 KBX = 0.00011 ETH
The minimum investment is 0.25 ETH
Soft cover - 10 000 ETH
Hard cover - 25,000 ETH
Country - Malta
MVP - Available
Preliminary round of sales - from July 16 - August 31, 2018.
Distribution of tokens
36% - for sale in the pre ICO
23% - to the founders and the main team (are blocked for 2 years)
20% - investment fund
16% - public sale
3% - experts
2% - Airdrop and bounty campaign
Distribution of funds
30% - liquidity fund
15% technology
15% - promotion and marketing services
15% - reserve fund
12.5% - operating services
7.5% - legal services
5% - partnerships
Command
KubitX is registered in Malta, but the majority of the founding members are Africans with strong professional experience and influential organizational abilities.
The team of the project, headed by the general director Erik Annan, actively participates in various world blockbusiness conferences, congresses and forums. These meetings contribute to the creation of new strategic partnerships and the strengthening of existing ones. Using partnerships and professional experience of team members serve to create a new way of providing services that meet all the requirements and needs of customers.
The team of the project, headed by the general director Erik Annan, actively participates in various world blockbusiness conferences, congresses and forums. These meetings contribute to the creation of new strategic partnerships and the strengthening of existing ones. Using partnerships and professional experience of team members serve to create a new way of providing services that meet all the requirements and needs of customers.
Conclusion
The project is very ambitious in the hope of providing opportunities for people in remote areas, often forgotten by the rest of the world. We need more similar projects, with new and fresh ideas aimed at developing cryptography in general. This project, of course, has great potential and has every chance of success.
Additional Information
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 /
Telegram: https://t.me/kubitx_official
Reddit: https://www.reddit.com/r/KubitX/
Whitepaper: https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf
Twitter: https://twitter.com/kubitx
Facebook: https://www.facebook.com/ kubitx /
Telegram: https://t.me/kubitx_official
Reddit: https://www.reddit.com/r/KubitX/
Author by: Naomikatarina
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