Review ICO Kubitx (An educating and innovative platform revolutionizing the global cryptocurrency exchange world)

There is a huge untapped potential in the crypto currency advancement and technology which is highly profitable to our universe. The revolution of blockchain technology since 2008 have led to a new era of financial services leading to a rise of bitcoin as the first decentralized cryptocurrency, without any central controller or bank influences. The stability of the currency is issued by the fact that a consensus of millions of computers are connected to the network, driven by market forces and natural liquid flow of money. However, the small size of national markets, a lack of financial literacy, low-income levels, political instability and weak judicial systems have created a lot of shortcomings in the present day banking system, banks continue to rely on traditional banking models of branch networks, expensive technology, inadequate systems and a limited talent pool. Research has shown that in August 2017, around 2 billion people were unbanked across the world. Cryptocurrency can bridge the gap and play a vital role in the financial inclusion of people who are still unbanked. The global adoption rate of cryptocurrency is still below 3% implying that there is still a lot more room for growth and as more tokens are created, they will need to be listed in Exchanges. So there is still a demand vs. supply gap of cryptocurrency exchanges.Exchanges such as Binance, Bittrex, and many others had to halt registration of new users because they could not handle the ever-increasing traffic with their current infrastructure implying that more education still need to be imparted to educate more people. KuBitX is committed to doing so, kubitx shall support businesses of all sizes and scopes to overcome barriers of trading, its vision is to create a bright future for daily transaction for market participants through empowering and educating people from all walks of life to embrace the technological revolution of Blockchain and invest in cryptocurrencies. ,” kubitx is a Fintech ecosystem and a platform designed to advanced and robust cryptocurrency trading through educative and innovative ideas using “Simplicity” and “Accessibility as a driving tool.Visit the website https://wwwkubitx.io for more information about the kubitx coin

THE PURPOSE KUBITX

KuBitX is an educative trading platform that is designed by a team of an extremely talented and experienced group of professionals with significant work experience from Fortune 500 companies and “Big Four” consultancy firms. KuBitX is one of the most advanced and robust cryptocurrency trading platforms designed to embrace the idea of “Simplicity” and “Accessibility,” it has been developed as a trade engine for growth and development of emerging markets assisting in financial inclusion, financial education and Blockchain adoption by the people. The main aim of this unique platform is to redefine how exchanges operate and by attracting more traders through various product offering and not just that but to expand the pool of participants by fostering greater market liquidity and thereby contributing to its overall growth. KuBitX has the potential to reach emerging regions and educate the citizens with little or no access to Blockchain based services and adoption and offer multiple crypto to fiat exchange and paring. Get more updates from the whitepaper; https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

VISION AND MISSION OF KUBITX

KuBitX vision is one of collective growth for all market participants as well as the KuBitX ecosystem which contributes to the growth and development of the market itself. With KuBitX unique initiative called “Global Channel Ambassadors”, KuBitX aimed to educate and capture local emerging markets which will reach the grassroots to drive local adoption of blockchain technology by masses. The KuBitX ecosystem is effectively going to be one of the most comprehensive and compliant solutions for traders, partnering with the best trade engine experts having a broad industry experience. Kubitx intend to eliminate existence of third parties which is common among the traditional banks by introducing the concept of p2p transaction thus enhancing financial inclusion of its users. The platform will be creating opportunities for a digital economy thereby allowing each nation to run its own economy and giving it an opportunity to play in the global market. KuBitX plan to involve market makers to a build sustainable volume on the exchange, reducing cost of transactions and simplifying the complete process to avoid wash trading, KuBitX have Anti Market Manipulation (AMM) tool on their platform. KuBitX has a robust security system and they considered security is one of the most crucial pillars surrounding a cryptocurrency exchange. Get more details from the whitepaper https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

BENEFITS OF KUBITX “KUBITCOIN (KBX)”

Current market has a lot of problems such as lack of a mature ecosystem, friction in dealing with fiat currencies, lack of good customer support, security issues, lack of awareness and education among the masses leading to a low adoption rate, among others. For this reason, The KuBitX team has identified “Inclusion” and “Adoption” as the major pillars of growth for any Cryptocurrency marketplace and have designed a platform known as ‘ KuBitX’ a revolutionary exchange platform that intend to bring a sustainable and progressive solutions to the aforementioned problems and will be one of the most comprehensive and compliant solutions for traders, partnering with the best trade engine experts with a broad industry experience. Visit http://www.kubitx.io/,

The Benefits of this great technology is vast and are as follows

As an educative trading platform it intend to bidge the gap in the open market by creating a practical token ecosystem to advanced and robust cryptocurrency trading platform designed to embrace the idea of “Simplicity. In the target markets, education/awareness creation by regional people will form the basis for understanding the Blockchain technology, crypto-currencies and the offerings of KuBitX this is achieved through kubitx Global Channel Ambassadors.

Kubitx intend to eliminate the existence of third parties which is common among the traditional banks by introducing the concept of p2p transaction thus enhancing financial inclusion.

Robust Security — The kubitx team perceived Security as one of the most crucial pillars surrounding a cryptocurrency exchang and hence focused in taking the security of the whole platform as their utmost priority and also intend to educate the users of various frauds and hacks going on in the market .

Liquidity Enhancement; The existence of any exchanges is reliant on liquidity. The present day exchanges are faced with a lot of challenges in terms of liquidity stability which have led many users stranded with their currencies and discouraged in further investment in cryptocurrency. Kubitx intend to solve this problem by introducing market makers to build a sustainable volume on the exchange, reducing cost of transactions and simplifying the complete process. To avoid wash trading, they also use Anti Market Manipulation (AMM) tool on the platform to avoid wash trading. Market surveillance, supervision and compliance are being looked into very carefully.

KuBitX is focused in widening opportunities for digital economy thereby allowing each nation to run its own economy and giving it an opportunity to play in the global market.

Kubitx intend to enhance the already existing financial institutions by providing a better financial services to its users, its strategic partnerships with banks and payment providers are helping them to create a full-service financial institution with cryptocurrency integration, this great entity will provide all of the traditional banking services such as Funds transfer (wire and peer-to-peer) • Payment processing • Merchant servicing • Remittances • Bill payment • Trade Financing and more.

For more details please Visit http://www.kubitx.io/ and whitepaper; https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

KUBITX ‘KBX’ TOKEN SUMMARY

The KuBitX business model consists of revenue streams coming from commissions on market trading and management fee. The summary of KBX token is to show how the revenue stream and KuBitcoin (KBX) tokens will be integrated into the system which will give an idea as to how the KuBitcoin (KBX) token holders will be rewarded. KuBitX will issue a token known as KuBitcoin with abbreviation (KBX) with a total supply of 500,000,000 KuBitcoin (KBX) tokens which are based on the ethereum ERC-20 standard. The sole reasons for choosing ERC-20 tokens is because of the present familiarity of the market with this standard and because of the stability of Ethereum Blockchain.

KUBITX ‘KBX’ TOKEN SALE DETAIL

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

Private Round Bonus 20%

Public Round Bonus 10%

Unsold Tokens All Burned

Seed Round: Ongoing. Ends 16 July, 2018.